Super Absorbent Polymer Market Report

Super Absorbent Polymer Market Analysis Report By Application (Female Hygiene Products, Baby Diapers, Agriculture, Adult Incontinence Products), By Region, And Segment Forecasts, 2018 - 2025

  • Published Date: Oct, 2018
  • Base Year for Estimate: 2017
  • Report ID: 978-1-68038-617-2
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016
  • Number of Pages: 105

Industry Insights

The global super absorbent polymer market size was valued at USD 7.47 billion in 2017. It is anticipated to progress at a CAGR of 6.2% during the forecast period. Strong demand from the baby diaper segment is projected to stoke the growth of the overall market.In addition, surging demand for adult incontinence and female hygiene products owing to increasing awareness pertaining to hygiene is poised to drive the market over the forecast period.

In terms of revenue, the market in the U.S. is likely to expand at a CAGR of 6.7% during the forecast period. The U.S. was the largest market for super absorbent polymers in North America in 2017 and this trend is expected to continue through 2025. High hygiene awareness among the populace is fuelling the demand for adult incontinence and female hygiene products, which in turn is stimulating the growth of the market. Increasing disposable income and growing awareness about sanitization in the country are also positively influencing the growth of the market.

U.S. super absorbent polymer market

Moreover, increasing birth rate and expanding base of geriatrics are stirring up the demand for baby and adult diapers, which in turn is providing a fillip the market. Growing focus of end-use industries on product innovation is also estimated to help the market gain significant momentum over the coming years. Initiatives taken by governments to encourage applications of the product related to agriculture, particularly in water-scarce regions, are anticipated to provide an upthrust to the market.

Booming personal care industry, especially in emerging economies, thanks to rising disposable income and growing consciousness towards personal hygiene, is projected to augment the global market for super absorbent polymer. However, fluctuation in availability and protean prices of raw materials are hindering the growth of the market.

Application Insights

On the basis of application, the market is segmented into adult incontinence products, baby diapers, agriculture, and female hygiene products. Baby diapers were the most prominent segment in 2017, accounting for just over three quarters of the overall market revenue. The segment is expected to rise at a CAGR of 6.2% during the forecast period owing to growing population and increasing disposable income, particularly in developing regions such as the Middle East & Africa, Central & South America, and Asia Pacific.

Adult incontinence products are poised to witness noteworthy growth during the forecast period owing to increasing geriatric population in regions such as North America and Europe. Rising awareness regarding hygiene is likely to result in a higher demand for female hygiene products in the coming years.

Regional Insights

Europe was the leading revenue contributor in the global absorbent polymer market in 2017, with a total share of more than 30.0% in the overall revenue. It is estimated to retain its position until 2025. The market is driven by increasing demand from manufacturers of baby diapers owing to its high water absorption and retention capacity. Changing lifestyles and flourishing e-commerce are some of the primary factors contributing to the growth of the regional market.

Global super absorbent polymer market

Asia Pacific is anticipated to register significant growth over the forecast period owing to high product demand from developing economies such as India and China. Baby diapers are experiencing upswing in the demand on account of rising disposable income, growing population, and increasing awareness regarding baby health. Other countries such as Indonesia, Vietnam, and Singapore are also projected to exhibit increase in demand for adult diapers and female hygiene products, thereby triggering the growth of the regional  market.

Super Absorbent Polymer Market Share Insights

BASF SE, Nippon Shokubai Co., Ltd., Formosa Plastics Corporation, LG Chemical Ltd., Sumitomo Seika Chemicals Co., Ltd., SDP Global Co., Ltd., Songwon Industrial Co., Ltd., KAO Corporation, Evonik Industries AG, and Yixing Danson Technology are some of the key players engaged in R&D and manufacturing of high quality super absorbent polymers.

Companies are taking strong measures to increase their market penetration and gain a foothold in emerging economies. These measures include introducing multiple brands, strengthening their network, adopting fervent marketing techniques to reach out to customers, and developing products with superior qualities.

Report Scope

Attribute

Details

Base year for estimation

2017

Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation

Volume in Kilotons, Revenue in USD Million, and CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Report coverage      

Volume forecast, revenue forecast, competitive landscape, growth factors and trends

Country Scope

U.S., Germany, U.K., France, China, India, Japan, South Korea

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Segments Covered in the Report

This report forecasts revenue and volume growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global super absorbent polymer market report on the basis of application and region:

  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • Agriculture

    • Baby Diapers

    • Adult Incontinence Products

    • Female Hygiene Products

    • Others  

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • U.K.

      • France

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • Central & South America

    • Middle East & Africa

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