Biodegradable Super Absorbent Polymers Market, By Resin (Sodium Polyacrylate, Potassium Polyacrylate, Polyacrylate Copolymers, Ethylene Maleic Anhydride Copolymers, Polysaccharides, Others), By Application, (Hygienic, Non-hygienic), By Region - Global Analysis Forecast Till 2030

In 2021, the global Super Absorbent Polymers market is expected to be worth US$ 10.1 Billion and grow at a 3.1% annual rate and reach a US$ 15.3 billion valuation by 2030.

Biodegradable Super absorbent polymers, also known as "hydrogels," are polymer chains that are high in weight and are loosely crosslinked. Polymerization of sodium acrylate, acrylamide, and acrylic acid yields them. They can absorb their weight in fluids many times due to their chemical makeup. As a result, they're perfect for agricultural Use, feminine hygiene products, adult incontinence products, diapers, and other uses. Synthetic polymers like sodium polyacrylate and polyacrylamide copolymers are mainly used as super absorbent polymers in the aforementioned applications.

Market Dynamics

Drivers:

The personal hygiene application segment dominates the market for super absorbent polymers. Biodegradable Super absorbent polymers are used in baby diapers, adult incontinence products, and sanitary napkins in the personal hygiene industry. Among these, the use of super absorbent polymers in baby diapers is the highest.

Furthermore, the growing geriatric population and increased awareness of the benefits and convenience of adult incontinence products are driving up the use of super-absorbent polymers. With the prevalence of adult incontinence on the rise, governments worldwide are focusing on developing incontinence products in collaboration with manufacturers and medical professionals.

Restraints:

Superabsorbent polymers are made using acrylic acid as a raw material. It is made using petrochemicals and crude oil. Petrochemicals and crude oil prices, however, are irregular. This directly impacts superabsorbent polymer manufacturing costs. Hence, it is anticipated that the worldwide market for superabsorbent polymers will see restraint over the projected period due to fluctuating raw material costs.

Key players:

• Nippon Shokubai Co., Ltd

• Evonik Industries AG

• BASF SE.

• Kao Corporation

• Sumitomo Seika Chemicals Co. Ltd.

• Sanyo Chemicals Industries, Ltd.

• LG Chemicals Ltd

• Yixing Danson Technology

• Zhejiang Weilong Polymer Material Co., Ltd

• Quan Zhou Banglida Technology Industry Co., Ltd.

• Shandong Nuoer Biological Technology Co., Ltd.

• Wanhua Chemical Group Co., Ltd

• Sinofloc Chemical Ltd.

• SNF (U.K.) Limited

• Formosa Plastic Corporation

• Songwon Industrial Co. Ltd.

Market Segmentation:

Biodegradable Super Absorbent Polymers Market, By Resin

• Sodium Polyacrylate

• Potassium Polyacrylate

• Polyacrylate Copolymers

• Ethylene Maleic Anhydride Copolymers

• Polysaccharides

• Others (including Methyl Acrylates)

Biodegradable Super Absorbent Polymers Market, By Application

• Hygienic

• Non-hygienic

Biodegradable Super Absorbent Polymers Market, By Region

• North America

• Latin America

• Europe

• Asia Pacific

• Middle East

• Africa

Regional Analysis:

Asia Pacific, Europe, Latin America, North America, the Middle East, and Africa are the five regions that make up the Global Biodegradable Super Absorbent Polymers Market.

The Asia Pacific region is expected to grow at the fastest CAGR during the assessment period, owing to the expansion of various end-use industries such as building and construction and agriculture. Approving large-scale residential, commercial, and industrial construction projects in Asia Pacific countries such as China, India, Japan, Thailand, South Korea, and Malaysia is expected to increase demand for super absorbent polymer.

Europe surpassed North America and Asia Pacific to become the largest Super Absorbent Polymer Market. In Europe, countries such as Russia, France, Italy, Germany, Spain, Poland, and the United Kingdom have emerged as prominent consumer markets due to developed end-use industries and significant R&D and innovation investment.

Due to rising awareness about personal hygiene and increased consumption of personal care products, the Super Absorbent Polymer Market in North America is expected to grow significantly. North American countries such as the United States and Canada are major contributors to regional market growth and are expected to see significant regional market growth due to the continuous expansion of the personal care sector.

Furthermore, tremendous growth in the healthcare sector has been observed in recent years, which provides growth opportunities for these polymers in various Middle Eastern and African countries.

Scope of the Report:

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