Super Absorbent Polymers Market to Witness High Growth owing to the Rising Demand from the Healthcare Industry

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The global super absorbent polymers market is estimated to be valued at US$ 9.25 Bn in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period of 2024 to 2031.

The super absorbent polymers market is primarily driven by its increasing use in the healthcare industry. Super absorbent polymers are extensively used in baby diapers, adult incontinence products, and feminine hygiene products owing to their ability to absorb and retain large amounts of aqueous liquids and body fluids. The growing baby and adult population susceptible to incontinence issues has been driving the demand for advanced absorbent personal care products that use super absorbent polymers. Apart from personal care, super absorbent polymers are also found in agricultural and medical applications due to their high water absorbing and retaining capacity without significantly increasing the volume.

Key Takeaways

Key players operating in the super absorbent polymers market are Nippon Shokubai Co. Ltd., Evonik Industries AG, BASF SE, Yixing Danson Technology, Kao Corporation, Sumitomo Seika Chemicals Co. Ltd, San-Dia Polymers Global Co. Ltd., Sanyo Chemicals Industries, Formosa Plastics Corporation, and LG Chemicals Ltd. Nippon Shokubai Co. Ltd is the global leader in super absorbent polymer production with a market share of over 30%.

The key opportunities in the market include developing biodegradable Super Absorbent Polymers Market Growth using plant-based materials to reduce environmental pollution. Additionally, exploring new applications of super absorbent polymers in agriculture, horticulture, construction, and emerging healthcare therapies presents lucrative growth prospects.

With growing global awareness about sanitation and hygiene, many regional players are expanding their super absorbent polymer production capabilities across Asia Pacific, South America, Middle East, and Africa. Major players are also forming joint ventures with local manufacturers to establish a strong foothold in emerging economies experiencing faster growth. This is expected to facilitate broader global access to advanced absorbent personal care and medical products.

Market Drivers

Rising demand from the healthcare industry: Super absorbent polymers are majorly used in baby diapers, adult incontinence pads, and feminine hygiene products. With a growing global population and increasing lifestyle diseases, the demand for such personal care absorbents is accelerating, thus driving the super absorbent polymers market.

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