Market Size of Super Absorbent Polymers (SAP) Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | < 6.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Super Absorbent Polymers (SAP) Market Analysis
The market for superabsorbent polymers (SAP) is expected to witness a CAGR of around 6%, in terms of volume,during the forecast period. Major factors driving the market studied are rising hygiene awareness and increasing demand for baby diapers and adult diapers in emerging economies. However, high raw material costs andavailability of raw material are expected to hinder the market growth.
- Acrylic Acid-based segment dominated the marketand is expected to grow during the forecast period, owing to the growing popularity of neutralized salts of acrylic acid, predominantly sodium and potassium polyacrylates.
- Growing investments in the development of bio-based superabsorbent polymers is likely to act as an opportunity in the future.
- Asia-Pacific dominated the market across the world, with the largest consumption from China and Japan.