Argentina Super Absorbent Polymer Market Size & Outlook
Argentina Super Absorbent Polymer Market, 2018-2030 (US$M)
Global Market
Related Markets
Argentina super absorbent polymer market highlights
- The Argentina super absorbent polymer market generated a revenue of USD 229.3 million in 2023 and is expected to reach USD 338.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, sodium polyacrylate was the largest revenue generating type in 2023.
- Sodium Polyacrylate is the most lucrative type segment registering the fastest growth during the forecast period.
Super absorbent polymer market data book summary
| Market revenue in 2023 | USD 229.3 million |
| Market revenue in 2030 | USD 338.0 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Sodium polyacrylate |
| Fastest growing segment | Sodium Polyacrylate |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sodium Polyacrylate, Polyacrylate/Polyacrylamide |
| Key market players worldwide | Basf SE, LG Chem, Formosa Plastics Group, Sanyo, Evonik Industries AG, Kao Corp, Nippon Shokubai Co Ltd, Sumitomo Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.3% of the global super absorbent polymer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil super absorbent polymer market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 589.2 million by 2030.
According to the ITA, healthcare expenditure in Argentina accounted for approximately 9.51% of its GDP in 2021. Argentina is primarily dependent on imports of medical devices and pharmaceutical products from the U.S. because local manufacturing contributes only 25% of the medical device market in Argentina.
This reliance on imports can be ruled out with the help of in-house manufacturing of medical devices that can create opportunities for local manufacturers. This is expected to drive the demand for super absorbent polymer in the country over the forecast period.
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Super Absorbent Polymer Market Scope
Super Absorbent Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Evonik Industries AG | View profile | 33,409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | www.evonik.com |
| Sumitomo Corp | View profile | 108,457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | www.sumitomocorp.co.jp |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.lgchem.com |
| Kao Corp | View profile | 42,450 | 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, Japan, 103-8210 | www.kao.com |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | www.fpg.com.tw/ |
| Sanyo | View profile | 10001+ | San Diego, California, United States, North America | www.sanyo.com |
| Nippon Shokubai Co Ltd | View profile | 4,574 | 4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, Japan | www.shokubai.co.jp |
Argentina Super Absorbent Polymer Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Super Absorbent Polymer Market Outlook will help companies and investors design strategic landscapes.
Sodium Polyacrylate was the largest segment with a revenue share of 85.43% in 2023.
Horizon Databook has segmented the Argentina super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
According to the ITA, healthcare expenditure in Argentina accounted for approximately 9.51% of its GDP in 2021. Argentina is primarily dependent on imports of medical devices and pharmaceutical products from the U.S. because local manufacturing contributes only 25% of the medical device market in Argentina.
This reliance on imports can be ruled out with the help of in-house manufacturing of medical devices that can create opportunities for local manufacturers. This is expected to drive the demand for super absorbent polymer in the country over the forecast period.
- Argentina Super Absorbent Polymer Market Type Outlook (Revenue, USD Million , 2018-2030)
- Sodium Polyacrylate
- Polyacrylate/Polyacrylamide
- Others
- Argentina Super Absorbent Polymer Market Application Outlook (Revenue, USD Million , 2018-2030)
- Personal Hygiene
- Agriculture
- Medical
- Industrial
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina Super Absorbent Polymer Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Argentina Super Absorbent Polymer Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Argentina Super Absorbent Polymer Market, 2018-2030 (US$M)
Argentina super absorbent polymer market statistics, by type, 2018-2030 (US$M)
