Superabsorbent Polymers Market Size
Global Superabsorbent Polymer Market reached US$ 8.8 billion in 2023 and is expected to reach US$ 13.4 billion by 2031, growing with a CAGR of 6.4% during the forecast period 2024-2031.
Superabsorbent polymers (SAPs) are a unique class of polymers that can absorb and retain extremely large amounts of water relative to their own mass. These polymers are commonly used in a variety of industries, including agriculture, healthcare, and consumer products. In agriculture, SAPs are employed to enhance water retention in soil, improving crop yield in areas affected by drought or water scarcity.
The global superabsorbent polymer market has experienced significant growth, driven by increasing applications in farming, such as soil conditioning and moisture management. Additionally, SAPs are used in products like diapers, feminine hygiene products, and medical dressings. With rising demand for water-efficient solutions, especially in agriculture, the superabsorbent polymer market is poised to expand further in the coming years, meeting the needs of industries focused on sustainability and water conservation.
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Market Growth Drivers
Rising Demand for Superabsorbent Polymers in Agriculture
The growing demand for superabsorbent polymers is driven by their impressive ability to absorb and retain large amounts of water, often many times their own weight. When added to soil or mixed with irrigation water, these polymers form a reservoir that stores water. This reservoir becomes crucial for plants during dry spells, reducing water loss through evaporation and greatly improving water-use efficiency in agricultural fields.
For example, on July 1, 2023, superabsorbent polymers were utilized in water conservation strategies within agriculture. By harnessing their water-absorbing capabilities, these polymers enhance soil retention and support microbial activity, fostering sustainable farming practices. Their eco-friendly properties further encourage the adoption of superabsorbent polymers, making them an effective solution to combat water scarcity and promote sustainability in agriculture.
Increased Awareness of Water Scarcity
The growing awareness of water scarcity has become a key driver for the superabsorbent polymer market, thanks to their exceptional water-absorbing capabilities. These polymers can store large amounts of water, making them crucial for water storage, especially in areas with limited water availability.
In an innovative breakthrough, MIT engineers have developed a superabsorbent hydrogel material that can extract water from the air, even in highly arid conditions. As demonstrated on July 5, 2023, this material acts as a passive water collector, capturing water vapor from the air and condensing it into moisture without any leakage.
Market Segments:
By Product: Sodium Acrylate, Polyacrylamide Copolymer, Bio-Based SAP, Others
By Application: Feminine Hygiene Products, Baby Diapers, Agriculture, Medical, Industrial, Others
By Region: North America, Latin America, Europe, Asia Pacific, Middle East and Africa
Competitive Landscape
- LG Chem
- BASF SE
- Sanyo Chemicals Industries
- Zheijiang Satellite
- Formosa Plastics
- Nippon Shokubai
- Evonik
- Sumitomo Chemicals
- Yixing Denson Technology
- Songwon Industrial.
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Regional Growth
Asia-Pacific: A Global Hub for Manufacturing and Production
Asia-Pacific is the fastest-growing region in the superabsorbent polymer market, accounting for approximately a quarter of the market share. The region has become a manufacturing hub, particularly for personal care and hygiene products. As the manufacturing sector continues to expand, the demand for superabsorbent polymers as a key raw material is rising. These polymer-based products are favored for their convenience and superior absorption capabilities, making them increasingly popular in urban areas.
Nippon Shokubai, through its subsidiary Nippon Shokubai Europe N.V. (NSE), has received biomass certification for its superabsorbent polymers from the International Sustainability and Carbon Certification (ISCC). This certification, granted on July 13, 2021, supports the company’s commitment to achieving carbon neutrality by 2050. Traditionally, superabsorbent polymers, used primarily in disposable diapers, are made from acrylic acid derived from propylene. However, NSE has pioneered a process that produces these polymers using acrylic acid sourced from biomass-derived propylene, making them more sustainable.
Key Development
In September 2023, Sanyo Chemical Industries revealed that its fully owned subsidiary, SDP Global Co., has developed an eco-friendly superabsorbent polymer (SAP) made from plant-based biomass as part of its raw materials. This innovative product has earned the Biomass Mark certification from the Japan Organics Recycling Association, highlighting its commitment to sustainability.
