Superabsorbent Polymers Market Predicted Double-Digit Growth Rate by 2024

Superabsorbent Polymers Market Predicted Double-Digit Growth Rate by 2024

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Specific polymer materials which have the absorption ability as well as can save the large quantity of water or other solutions of the liquid form are termed as superabsorbent polymers. The composition of the material is made by the polymerization of acrylic acid combined with sodium hydroxide to form polyacrylic acid sodium salt under the supervision of the demonstrator. The manufacturing of the superabsorbent polymers is done in the form of small solid particles to retain the quality. These polymers once brought in contact with water start swelling into a rubber-like formation due to absorption of the water.

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Superabsorbent polymers are segmented in two types as sodium polyacrylate and polyacrylamide copolymers. Further, based on the types of methods used to make the superabsorbent polymer, the global market is classified as suspension polymerization, solution polymerization, and gel polymerization. The gel polymerization method is the most popular method for making superabsorbent polymers. Moreover, the end-users of the superabsorbent polymers are segmented as Construction, adult incontinence products, feminine sanitation Products, baby diapers and agricultural applications.

Various awareness programs regarding hygiene are organized by the non-profitable organizations in rural and developing countries which in turn is also rising the demand for the super absorbent polymers. Additionally, growing metropolitan population with simultaneous development in diaper quality is increasing the demand for super absorbent polymers in the global market. Increased spending capacity of the average earning individual focusing towards using hygienic products is boosting the demand for the superabsorbent polymers. Wide application in constructional concrete to avoid shrinkage between the slab and other structural units is also a major factor boosting the superabsorbent polymers market. Utilization of superabsorbent polymers in agriculture due to absorption of water in the soil and released water under suction pressure by plant roots which improves the fertility of the soil resulting in growth of crops in a healthy way is also another major application responsible for increasing demand. However, variation in the supply of raw materials may hinder the growth of the superabsorbent polymers.

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North America is the largest market for superabsorbent polymers globally and is also expected to sustain its position in the coming years owing to utilization of the end-products in large numbers. Asia-Pacific is expected to grow rapidly due to rising demand from the end-user industries based in India and China.

Major players contributing in the global superabsorbent polymers market include Nippon Shokubai Co. Ltd., Evonik Industries AG, Sumitomo Chemicals Co., Ltd., LG Chemical Co., BASF SE, Formosa Plastics Corporation, and KAO Corporation.

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Superabsorbent Polymers Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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