Asia Pacific Super Absorbent Polymer Market

Asia Pacific Super Absorbent Polymer Market Size, Share & Industry Trends Analysis Report By Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, and Others), By Application, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19332 Publication Date: December-2023 Number of Pages: 141
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Market Report Description

The Asia Pacific Super Absorbent Polymer Market would witness market growth of 6.8% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 1,210.8 kilo tonnes, showcasing a growth of 4.7% (2019-2022).

Super absorbent polymer (SAP) is a material that has a high liquid absorbing capacity. It is a cross-linked structure polymer, which avoids dissolution. These polymers can absorb liquid up to 100 times its weight. Therefore, it is used in products such as child diapers/nappies, incontinence items, and others where high absorption characteristics are required. SAPs are extensively used in manufacturing personal care products, particularly in diapers, adult incontinence products, and feminine hygiene products. The high absorbency of SAPs enhances the efficiency of these products by keeping users dry and comfortable. In agriculture, SAPs are employed as soil conditioners and water retention agents. By improving soil's water-holding capacity, SAPs assist in reducing water usage, enhancing plant growth, and mitigating the impact of drought conditions. This application is crucial for sustainable and water-efficient farming practices.

SAPs, especially wound care products and dressings, are vital in medicine. The ability of SAPs to absorb and retain fluids is utilized to create advanced wound dressings that help maintain an optimal healing environment. SAPs are also used in various medical devices where fluid absorption is a critical requirement. The packaging industry incorporates SAPs to control moisture levels in humidity-sensitive products. This includes electronic devices, pharmaceuticals, and certain food items. SAPs help prevent damage caused by moisture during storage and transportation, ensuring the quality and integrity of packaged goods. SAPs are used as gel products in agriculture to improve water retention in plant root zones. These gel products are applied directly to the soil or mixed with irrigation water, providing a controlled release of water to the plants. This strategy is particularly beneficial in arid regions or for plants with specific water requirements.

As per the National Medical Product Administration, China published a development plan for the medical equipment industry in December 2021 for the 14th Five-Year Plan period (2021–2025) to improve public health. According to the strategy, the nation wants to hasten the adoption of information technology in the medical equipment sector by 2025, resulting in the development of medical robots and digital health platforms. The medical sector in China can invest in developing advanced wound care products that utilize SAPs for improved moisture management, exudate absorption, and wound healing. The medical sector in China can contribute to the development of high-quality incontinence solutions that offer superior absorbency, comfort, and leakage protection for patients. Due to these aspects, the market will expand across the Asia Pacific region in upcoming years.

The China market dominated the Asia Pacific Super Absorbent Polymer Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,435.4 Million by 2030. The Japan market is experiencing a CAGR of 6.1% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 7.4% during (2023 - 2030).

Based on Type, the market is segmented into Sodium Polyacrylate, Polyacrylate/Polyacrylamide, and Others. Based on Application, the market is segmented into Personal Hygiene, Agriculture, Industrial, Medical, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Global Super Absorbent Polymer Market is Predict to reach $12.6 Billion by 2030, at a CAGR of 6.4%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include BASF SE, LG Chem Ltd. (LG Corporation), Formosa Plastics Group, Evonik Industries AG (RAG-Stiftung), Kao Corporation, Sanyo Chemical Industries, Ltd., Songwon Industrial Co., Ltd., Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Co. Ltd., and Chase Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Sodium Polyacrylate
  • Polyacrylate/Polyacrylamide
  • Others

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Personal Hygiene
  • Agriculture
  • Industrial
  • Medical
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • BASF SE
  • LG Chem Ltd. (LG Corporation)
  • Formosa Plastics Group
  • Evonik Industries AG (RAG-Stiftung)
  • Kao Corporation
  • Sanyo Chemical Industries, Ltd.
  • Songwon Industrial Co., Ltd.
  • Nippon Shokubai Co., Ltd.
  • Sumitomo Seika Chemicals Co. Ltd.
  • Chase Corporation
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