Superabsorbent Polymers Market Size, Sales, Share and Forecasts by 2030
Sodium polyacrylate, a superabsorbent polymer (SAP) renowned for its exceptional liquid absorption capabilities, continues to be the dominant force in the global market. With an estimated demand of 3.0 million tons in 2019, the SAP industry is witnessing significant growth, driven by the widespread adoption of sodium polyacrylate in various applications.
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SAP, also known as slush powder, is a class of cross-linked hydrophilic polymers engineered to have a high affinity towards liquid absorption. These remarkable polymers can retain an astonishing amount of aqueous fluid, about 300-500 times their weight, making them a popular choice for products designed to contain liquids.
Among the various types of superabsorbent polymers, sodium polyacrylate holds the lion's share, accounting for over 80% of the total SAP production worldwide in 2019. Its versatile applications in hygiene and non-hygiene sectors, such as agriculture, industrial waterproofing materials, cooling materials, and cable wrapping tapes, contribute to its market dominance.
The demand for disposable and personal care hygiene products, driven by factors like rising disposable incomes, increasing birth rates, a growing number of working women, and an aging population, fuels almost 90% of the total global SAP consumption. Diapers, in particular, accounted for over 75% of the total demand in 2019. The revolutionary use of superabsorbent polymers in diapers has successfully replaced traditional materials like cloth, cellulose fiber, and cotton, ensuring dryness and preventing skin irritation.
The robust growth of SAP in hygiene products is expected to continue, with growing awareness of health and personal hygiene in developing economies further boosting the demand. Additionally, the agriculture, medical, and industrial sectors present lucrative growth opportunities for superabsorbent polymers during the forecast period.
North America currently leads the global SAP market, accounting for nearly one-third of the total consumption. However, Asia Pacific is poised to become the fastest-growing region, driven by factors such as rising disposable incomes, changing consumer preferences, and growing hygiene awareness in countries like India, China, and Southeast Asia. The region's high birth rates and increased penetration of baby diapers, except in Japan, contribute significantly to its market expansion.
Key players in the superabsorbent polymer industry, including Nippon Shokubai, Evonik Industries, BASF SE, SAP Global, and Sumitomo Seika Chemicals, are focusing on capacity expansion and new product innovation to meet the escalating demand from various sectors. With continuous
advancements and a strong market presence, sodium polyacrylate and superabsorbent polymers, in general, are set to play a crucial role in diverse applications worldwide.
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