Major Players - Super Absorbent Polymers Industry

 

Super absorbent polymers are anticipated to gain in popularity as hygiene awareness spreads around the globe as a result of an increase in infectious illness incidence. Super absorbent polymers are anticipated to expand in popularity as customers become more health conscious and want more diapers, cells, and sanitary napkins. Most of the aforementioned hygiene products use super absorbent polymers. The expansion of SAP's use across end-user industries like healthcare, agriculture, and construction is anticipated to spur the market for super absorbent polymers to grow more quickly. The need for super absorbent polymers is also predicted to increase due to their outstanding water absorption and water retention capacity, which is boosting their use in waste management and construction applications. The market is anticipated to increase as a result of the expanding usage of super absorbent polymers in waste management and agricultural and horticultural applications. Over the forecast, an increase in agricultural activity is anticipated to benefit the market for super absorbent polymers. Construction, packaging, and automobile are more growing applications.

Coherent Market Insights estimates that over the projected period (2021-2028), the Super Absorbent Polymers (SAP) market is anticipated to grow at a CAGR of 5.8%, reaching an estimated market value of US$ 9344.2 million in 2021.

Leading Companies in the Super Absorbent Polymers Industry:

BASF SE

The business was founded in 1865 and has its headquarters in Ludwigshafen, Germany. The operations of the corporation are divided into the following groups: Agricultural substitutes, chemicals, polymers, speciality goods, and petroleum-related products. On February 6, 2022, BASF helps plastics make the transition to a more sustainable future. Battery producer PPES has chosen BASF as a strategic provider of high-performance cathode active materials as of December 19, 2022.

Nippon Shokubai Co. Ltd.

The company was started in 1941 and is based in Japan. Manufacturing and selling chemicals are the company's primary business activities. There are three business segments within the company. Ethylene oxide, ethylene glycol, ethanolamine, and glycol ethers are among the products that the Basic Chemical division produces and sells.

Evonik Industries AG

The business was started in 2007 and is located in Essen, Germany. Manufacturing specialised chemicals is done by Evonik Industries AG. The company provides various goods in the retail goods, food for animals, and pharmaceuticals industries. For use with radiation-curing inks and coatings, Evonik introduced the TEGO® Rad 2550 slip and defoamer additive in June 2023.

Kao Corporation

The firm was started in 1887 and is based in Tokyo, Japan. Manufacturer of chemical and household goods is Kao Corporation. The business manufactures cosmetics, household cleaners, hygiene products, fatty chemicals, edible oils, and specialised chemicals. Chemical and cosmetics manufacturer Kao Corporation creates consumer goods with a broad consumer base in mind.

Sumitomo Seika Chemicals Co. Ltd.

The firm was started in 1944 and is located in Japan. Industrial compounds, fine chemicals, and functional polymers are among the chemical goods that Sumitomo Seika Chemicals Company, Limited manufactures and sells. Based on the type of product, the company produces and markets chemicals and goods containing chemicals in three segments.

Sanyo Chemicals Industries

The company was founded in 1949 and is based in Kyoto, Japan. The business manufactures a range of high-quality intermediate chemical goods, such as surfactants, polyurethane resins, and other super-absorbent polymers. The company's goods are used in hygienic practises, medical care, machinery, vehicles, polymers, textiles, electronics, environmental preservation, and building.

Formosa Plastics Corporation

The firm was founded in 1954 and is based in Taiwan. Petrochemicals and plastic resins are produced and sold by Formosa Plastics Corporation, USA. In addition to hydrochloric acid and suspension polyvinyl chloride, the company also manufactures ethylene dichloride, industrial bleach, olefins, polyethylene, and polypropylene.

Definition:

Super absorbent polymers, which can absorb 400–800 times their weight in water, are polymeric compounds with outstanding water absorption capabilities. Baby diapers, sanitary pads, and adult continence products are just a few examples of the personal and hygiene items that frequently use SAP.