Superabsorbent Polymers - Global Market Trajectory & Analytics

Global Superabsorbent Polymers Market to Reach 3.2 Million Metric Tons by 2027

Amid the COVID-19 crisis, the global market for Superabsorbent Polymers estimated at 2.3 Million Metric Tons in the year 2020, is projected to reach a revised size of 3.2 Million Metric Tons by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027. Disposable Diapers, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach 2.2 Million Metric Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Adult Incontinence Pads segment is readjusted to a revised 3.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at 630.6 Thousand Metric Tons, While China is Forecast to Grow at 7.7% CAGR

The Superabsorbent Polymers market in the U.S. is estimated at 630.6 Thousand Metric Tons in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 683.7 Thousand Metric Tons by the year 2027 trailing a CAGR of 7.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

Feminine Hygiene Products Segment to Record 5.5% CAGR

In the global Feminine Hygiene Products segment, USA, Canada, Japan, China and Europe will drive the 4.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of 177.1 Thousand Metric Tons in the year 2020 will reach a projected size of 247.3 Thousand Metric Tons by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach 451.8 Thousand Metric Tons by the year 2027, while Latin America will expand at a 6.6% CAGR through the analysis period.

Select Competitors (Total 15 Featured):

• BASF SE
• Evonik Industries AG
• Formosa Plastics Corporation
• LG Chem Ltd.
• Nippon Shokubai Co. Ltd.
• Sanyo Chemical Industries Ltd.
• Songwon Industrial Co. Ltd.
• Sumitomo Seika Chemicals Company Limited
• Yixing Danson Technology