Product Overview

Superabsorbent polymers (SAP) also known as slush powder are a material that absorbs and retains a huge volume of aqueous solution or water. Superabsorbent polymers can absorb liquid up to 300 times their weight. Superabsorbent polymers are produced from the polymerization of acrylic acid by mixing it with sodium hydroxide to form a poly-acrylic acid. Superabsorbent polymers have a unique cross-linked structure owing to which they are water-swellable and not water-soluble. Superabsorbent polymer is an ideal material for fluid-absorbing applications such as baby nappies or diapers, female hygiene pads and liners, medical dressing, and incontinence products. Superabsorbent polymers are used in numerous end-user industries including personal care, food packaging, agriculture, and building and construction.

Market Highlights

Global Super Absorbent Polymer (SAP) Market is expected to project a notable CAGR of 6.27% in 2030.

Global Super Absorbent Polymer (SAP) market to surpass USD 13.18 billion by 2030 from USD 6.75 billion in 2019 at a CAGR of 6.27% in the coming years, i.e., 2020-30. Global Super Absorbent Polymer (SAP) market is estimated to grow due to growing population coupled with rising standard of living. Rising demand for baby diapers, adult incontinence products, agriculture, and female hygiene products is anticipated to drive the Super Absorbent Polymer market. Furthermore, Super absorbent polymers are perfectly suitable for agricultural applications, owing to their water retention and water-absorbing properties. These polymers enhance crop yield and water use efficiency which is likely to boost the Super Absorbent Polymer market in the coming years.

Recent Highlights in Global Super Absorbent Polymer (SAP) Market

In December 2017, LG Chemicals Ltd. announced to increase its production capacity of acrylic acid and super absorbent polymers by the end of 2019. For this, the company, invested US$ 300 Billion to increase the yield of super absorbent polymers from 100 KT to 500 KT per year

In October 2018, Nippon Shokubai expanded its superabsorbent polymers production capacity in its manufacturing facility at Zwijndrecht, Netherlands. This new plant has a capacity of 100,000 tons per year; it helped the company meet the increasing demand for SAP.

Global Super Absorbent Polymer (SAP) Market: Segments

Polycarbonate Super Absorbent Polymer (SAP) segment to grow with the highest CAGR during 2020-30

Global Super Absorbent Polymer (SAP) market is segmented by type into sodium polyacrylate, polyacrylate / polyacrylamide, copolymers, and others. Sodium Polyacrylate segment held the largest market share in the year 2019. Sodium Polyacrylate is primarily used in personal care products including baby diapers, sanitary napkins, adult continence products, and agricultural applications. It is mostly favored for its exceptional absorbing ability.

Personal Hygiene Segment to grow with the highest CAGR during 2020-30

Global Super Absorbent Polymer (SAP) market is distributed by application into personal hygiene, agriculture, healthcare, industrial, packaging, construction, oil & gas, and others. Personal Hygiene Segment held the largest market share in the year 2019 on account of mounting demand for baby diapers and adult diapers in emerging economies. The demand for Baby diapers is fueling owing to the high birth rate. Increasing awareness regarding personal hygiene and rising literacy level are resulting in the surge in demand for sanitary napkins.

Market Dynamics

Drivers

Rising Hygiene Awareness and Change in lifestyle

With the increasing hygiene awareness among consumers, the demand for superabsorbent polymers is mounting. Before the commercial application of super absorbent polymers in disposable diapers and other personal hygiene products, traditional hygiene products were used. As the awareness of the benefits of using superabsorbent polymers is rising, consumer's preference has been inclined towards super absorbent polymer-based products. Besides, the growing concern about various waterborne and airborne diseases is expected to fuel the demand for diapers and sanitary napkins

Growing Demand for Adult Incontinence Products

Rapid developing medical infrastructure, technological innovation, and growing accessibility to medical treatment have resulted in an increase in life expectancy rates. With the growing life expectancy, the demand for adult incontinence products is bolstering which further boosts the growth of the superabsorbent polymer market. In addition, adult incontinence products are useful for patients due to their ability to absorb greater amounts of discharges. Also, they are convenient to use as they are smaller in size.

Restraint

Volatile raw material price

Volatility in the prices of raw materials of super absorbent polymers is likely to hamper the growth of the market. Acrylic acid & glacial acrylic acid are raw materials used in the manufacture of superabsorbent polymer. The fluctuating prices of these raw materials bring volatility into producer margins which further hinder the superabsorbent polymer market.

Global Super Absorbent Polymer (SAP) Market: Key Players

BASF SE

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.

Formosa Plastics Corporation

LG Chemicals Ltd.

SDP Global Co., Ltd

Songwon Industrial Co., Ltd.

Evonik Industries AG

KAO Corporation

Nippon Shokubai Co., Ltd.

Sumitomo Seika Chemicals Co. Ltd

Yixing Danson Technology

Sanyo Chemical Industries, Ltd.

Other Prominent Players

Global Super Absorbent Polymer (SAP) Market: Regions

Global Super Absorbent Polymer (SAP) market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.

Global Super Absorbent Polymer (SAP) market in Asia Pacific held the largest market share in the year 2019. Asia Pacific will continue to dominate the global Super Absorbent Polymer (SAP) market owing to the increasing population and rising disposable income. Additionally, ease of accessibility to raw material, inexpensive labor, and land cost to fulfill the demand for super absorbent polymer in the rising applications is expected to proliferate the Super Absorbent Polymer Market in this region.

Global Super Absorbent Polymer (SAP) market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Super Absorbent Polymer (SAP) market report also contains analysis on:

Super Absorbent Polymer (SAP) Market Segments:

By Type

Sodium Polyacrylate

Polyacrylate/Polyacrylamide

Copolymers

Others

By Application

Personal Hygiene

Agriculture

Healthcare

Industrial

Packaging

Construction

Oil & Gas

Others

Global Super Absorbent Polymer (SAP) Market Dynamics

Global Super Absorbent Polymer (SAP) market size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Super Absorbent Polymer (SAP) Market

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

3. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

6.1. Growth Drivers

6.2. Restraints

6.3. Opportunity

6.4. Trends

7. Correlation & Regression Analysis

7.1. Correlation Matrix

7.2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

9.1. Demand Risk Analysis

9.2. Supply Risk Analysis

10. Global Super Absorbent Polymer (SAP) Market Analysis

10.1. Porters Five Forces

10.1.1. Threat of New Entrants

10.1.2. Bargaining Power of Suppliers

10.1.3. Threat of Substitutes

10.1.4. Rivalry

10.2. PEST Analysis

10.2.1. Political

10.2.2. Economic

10.2.3. Social

10.2.4. Technological

11. Global Super Absorbent Polymer (SAP) Market

11.1. Market Size & forecast, 2019A-2030F

11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Super Absorbent Polymer (SAP) Market: Market Segmentation

12.1. By Regions

12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2. By Type: Market Share (2019-2030F)

12.2.1. Sodium Polyacrylate, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.2. Polyacrylate/Polyacrylamide, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.3. Copolymers, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.2.4. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3. By Application: Market Share (2019-2030F)

12.3.1. Personal Hygiene, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.2. Agriculture, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.3. Healthcare, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.4. Industrial, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.5. Packaging, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.6. Construction, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.7. Oil & Gas, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12.3.8. Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

13 Company Profile

13.1. BASF SE

13.1.1. Company Overview

13.1.2. Company Total Revenue (Financials)

13.1.3. Market Potential

13.1.4. Global Presence

13.1.5. Key Performance Indicators

13.1.6. SWOT Analysis

13.1.7. Product Launch

13.2. Formosa Plastics Corporation

13.3. LG Chemicals Ltd.

13.4. SDP Global Co., Ltd

13.5. Songwon Industrial Co., Ltd.

13.6. Evonik Industries AG

13.7. KAO Corporation

13.8. Nippon Shokubai Co., Ltd.

13.9. Sumitomo Seika Chemicals Co. Ltd

13.10. Yixing Danson Technology

13.11. Sanyo Chemical Industries, Ltd.

13.12. Other Prominent Players

14 Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)