Asia Pacific Super Absorbent Polymer Market Forecast to 2030

At 6.2% CAGR, Asia Pacific Super Absorbent Polymer Market is Speculated to be Worth US$ 4,770.78 Million by 2030, says the Research Team

According to the Research Team’ research, the Asia Pacific super absorbent polymer market was valued at US$ 2,943.55 million in 2022 and is projected to reach US$ 4,770.78 million by 2030, recording a CAGR of 6.2% from 2022 to 2030. Increasing adoption of super absorbent polymers in the healthcare sector and strategic development initiatives by key market players are among the critical factors attributed to drive the Asia Pacific super absorbent polymer market growth.

Super absorbent polymers are used in wound dressings to manage exudate. Their high absorbency helps maintain a moist wound environment, promoting healing and preventing infections. It is also used in surgical products such as disposable underpads and absorbent surgical drapes. These aid in managing fluids during medical procedures, contributing to a cleaner and sterile surgical environment. In the healthcare setting, super absorbent polymers are utilized in various hygiene products such as bed pads and hospital underpads. This helps in managing bodily fluids and maintaining cleanliness in medical facilities. Super absorbent polymers are integrated into advanced wound dressings, which create a gel-like consistency to protect the wound and aid the healing process. Super absorbent polymers are lightweight and comfortable, making them ideal for incorporation into medical textiles and dressings. The adoption of super absorbent polymer in the healthcare sector is attributed to its versatility, performance, benefits, and ability to address critical needs in various applications of the medical sector. It is used as a bandage for diabetic foot ulcers, pressure ulcers, leg venous and arterial ulcers, first and second-degree burns, post-operative wounds, and traumatic wounds. As per the National Pressure Ulcer Advisory Panel, the incidence of pressure ulcers ranges from 0.4-38% in hospitals, from 2.2-23.9% in skilled nursing facilities, and from 0-17% for home health agencies. Thus, the rising adoption of super absorbent polymers in the healthcare sector drives the super absorbent polymer market.

On the contrastingly, volatility in raw materials prices hampers the growth of Asia Pacific super absorbent polymer market.

Based on type, the Asia Pacific super absorbent polymer market is categorized into polyacrylic acid, polyacrylamide, sodium polyacrylate, potassium polyacrylate, polysaccharides, and others. The sodium polyacrylate segment held 43.6% market share in 2022, amassing US$ 1,282.85 million. It is projected to garner US$ 2,178.96 million by 2030 to register 6.8% CAGR during 2022-2030.

In terms of category, the Asia Pacific super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held 67.3% share of Asia Pacific super absorbent polymer market in 2022, amassing US$ 1,982.16 million. It is anticipated to garner US$ 3,164.66 million by 2030 to expand at 6.0% CAGR during 2022-2030.

By application, the Asia Pacific super absorbent polymer market is segmented into personal care, agriculture, healthcare, building & construction, and others. The personal care segment held 71.3% share of Asia Pacific super absorbent polymer market in 2022, amassing US$ 2,099.14 million. It is projected to garner US$ 3,452.23 million by 2030 to expand at 6.4% CAGR from 2022 to 2030.

Based on country, the Asia Pacific super absorbent polymer market is categorized into Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 45.9% share of Asia Pacific super absorbent polymer market in 2022. It was assessed at US$ 1,351.07 million in 2022 and is likely to hit US$ 2,284.95 million by 2030, registering a CAGR of 6.8% during 2022-2030.

Key players operating in the Asia Pacific super absorbent polymer market are Sanyo Chemical Industries Ltd; LG Chem, Ltd.; BASF SE; Sumitomo Seika Chemicals Co., Ltd.; Nippon Shokubai Co., Ltd.; Evonik Industries AG; Chase Corp; Satellite Chemical Co., Ltd.; Yixing Danson Science and Technology Co Ltd; and Songwon Industrial Co Ltd, among others.

In February 2023, Nippon Shokubai Co., Ltd obtained ISCC PLUS certification for 19 products, including acrylic acid, superabsorbent polymers (SAP), and ethylene oxide. The certification allows the company to manufacture and market certified products using biomass-derived raw materials. Nippon Shokubai has developed a global supply system for SAP and acrylic acid and has the largest production capacity in Japan for ethylene oxide. The company aims to achieve carbon neutrality by 2050 and contribute to a sustainable society.

In August 2022, Satellite Chemical Co Ltd announced the start of operation of the Lianyungang Petrochemical olefin comprehensive utilization project. The company has invested over CNY 33.5 billion in this project. Through this project, the company aims to generate sufficient raw materials that support the construction of new energy, new polymers, and functional chemicals.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific super absorbent polymer market.
o Highlights key business priorities to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific super absorbent polymer market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific super absorbent polymer market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Super Absorbent Polymer Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Use Industry:
4.4 List of Vendors in the Value Chain
5. Asia Pacific Super Absorbent Polymer Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Hygiene and Incontinence Products
5.1.2 Increasing Adoption of Super Absorbent Polymers in the Healthcare Sector
5.2 Market Restraints
5.2.1 Volatility in Raw Material Prices
5.3 Market Opportunities
5.3.1 Strategic Development Initiatives by Key Market Players
5.4 Future Trends
5.4.1 Development of Bio-Based Super Absorbent Polymer
5.5 Impact Analysis
6. Super Absorbent Polymer Market – Asia Pacific Analysis
6.1 Asia Pacific Super Absorbent Polymer Market Overview
6.2 Super Absorbent Polymer Market Volume (Kilo Tons)
6.3 Super Absorbent Polymer Market Revenue (US$ Million)
6.4 Super Absorbent Polymer Market Forecast and Analysis
7. Asia Pacific Super Absorbent Polymer Market Analysis – Type
7.1 Polyacrylic Acid
7.1.1 Overview
7.1.2 Polyacrylic Acid Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
7.2 Polyacrylamide
7.2.1 Overview
7.2.2 Polyacrylamide Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
7.3 Sodium Polyacrylate
7.3.1 Overview
7.3.2 Sodium Polyacrylate Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
7.4 Potassium Polyacrylate
7.4.1 Overview
7.4.2 Potassium Polyacrylate Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
7.5 Polysaccharides
7.5.1 Overview
7.5.2 Polysaccharides Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Volume, Revenue, and Forecast to 2030 (Kilo Tons) (US$ Million)
8. Asia Pacific Super Absorbent Polymer Market Analysis – Category
8.1 Synthetic
8.1.1 Overview
8.1.1 Synthetic Market Revenue and Forecast to 2030 (US$ Million)
8.2 Biobased
8.2.1 Overview
8.2.2 Biobased Market Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Super Absorbent Polymer Market Analysis – Application
9.1 Personal Care
9.1.1 Overview
9.1.2 Personal Care Market Revenue and Forecast to 2030 (US$ Million)
9.2 Agriculture
9.2.1 Overview
9.2.2 Agriculture Market Revenue and Forecast to 2030 (US$ Million)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare Market Revenue and Forecast to 2030 (US$ Million)
9.4 Building & Construction
9.4.1 Overview
9.4.2 Building & Construction Market Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Super Absorbent Polymer Market – Country Analysis
10.1 Asia Pacific Super Absorbent Polymer Market – Country Analysis
10.1.1 Asia Pacific Super Absorbent Polymer Market Breakdown-by Countries, 2022 and 2030 (%)
10.1.1.1 Australia Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.2 Australia Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Australia Super Absorbent Polymer Market Breakdown by Type
10.1.1.2.2 Australia Super Absorbent Polymer Market Breakdown by Type
10.1.1.2.3 Australia Super Absorbent Polymer Market Breakdown by Category
10.1.1.2.4 Australia Super Absorbent Polymer Market Breakdown by Application
10.1.1.3 China Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.4 China Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 China Super Absorbent Polymer Market Breakdown by Type
10.1.1.4.2 China Super Absorbent Polymer Market Breakdown by Type
10.1.1.4.3 China Super Absorbent Polymer Market Breakdown by Category
10.1.1.4.4 China Super Absorbent Polymer Market Breakdown by Application
10.1.1.5 India Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.6 India Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 India Super Absorbent Polymer Market Breakdown by Type
10.1.1.6.2 India Super Absorbent Polymer Market Breakdown by Type
10.1.1.6.3 India Super Absorbent Polymer Market Breakdown by Category
10.1.1.6.4 India Super Absorbent Polymer Market Breakdown by Application
10.1.1.7 Japan Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.8 Japan Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.8.1 Japan Super Absorbent Polymer Market Breakdown by Type
10.1.1.8.2 Japan Super Absorbent Polymer Market Breakdown by Type
10.1.1.8.3 Japan Super Absorbent Polymer Market Breakdown by Category
10.1.1.8.4 Japan Super Absorbent Polymer Market Breakdown by Application
10.1.1.9 South Korea Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.10 South Korea Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.10.1 South Korea Super Absorbent Polymer Market Breakdown by Type
10.1.1.10.2 South Korea Super Absorbent Polymer Market Breakdown by Type
10.1.1.10.3 South Korea Super Absorbent Polymer Market Breakdown by Category
10.1.1.10.4 South Korea Super Absorbent Polymer Market Breakdown by Application
10.1.1.11 Rest of Asia Pacific Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.12 Rest of Asia Pacific Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.12.1 Rest of Asia Pacific Super Absorbent Polymer Market Breakdown by Type
10.1.1.12.2 Rest of Asia Pacific Super Absorbent Polymer Market Breakdown by Type
10.1.1.12.3 Rest of Asia Pacific Super Absorbent Polymer Market Breakdown by Category
10.1.1.12.4 Rest of Asia Pacific Super Absorbent Polymer Market Breakdown by Application
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Expansion
12.3 New Product Development
12.4 Partnerships
12.5 Other Business Strategies
13. Company Profiles
13.1 Sanyo Chemical Industries Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 LG Chem, Ltd.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 BASF SE
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Sumitomo Seika Chemicals Co., Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Nippon Shokubai Co., Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Evonik Industries AG
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Chase Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Yixing Danson Science and Technology Co Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Songwon Industrial Co Ltd
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Satellite Chemical Co., Ltd.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix

LIST OF TABLES

Table 1. Super Absorbent Polymer Market Segmentation
Table 2. List of Vendors
Table 3. Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Table 4. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Table 5. Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – Type
Table 6. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – Type
Table 7. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – Category
Table 8. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – Application
Table 9. Australia Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 10. Australia Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 11. Australia Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 12. Australia Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 13. China Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 14. China Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 15. China Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 16. China Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 17. India Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 18. India Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 19. India Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 20. India Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 21. Japan Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 22. Japan Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 23. Japan Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 24. Japan Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 25. South Korea Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 26. South Korea Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 27. South Korea Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 28. South Korea Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 29. Rest of Asia Pacific Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 30. Rest of Asia Pacific Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 31. Rest of Asia Pacific Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 32. Rest of Asia Pacific Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 33. Heat Map Analysis by Key Players

LIST OF FIGURES

Figure 1. Super Absorbent Polymer Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: Super Absorbent Polymer Market
Figure 4. Market Dynamics: Super Absorbent Polymer Market
Figure 5. Super Absorbent Polymer Market Impact Analysis of Drivers and Restraints
Figure 6. Super Absorbent Polymer Market Volume (Kilo Tons), 2020 – 2030
Figure 7. Super Absorbent Polymer Market Revenue (US$ Million), 2020 – 2030
Figure 8. Super Absorbent Polymer Market Share (%) – Type, 2022 and 2030
Figure 9. Polyacrylic Acid Market Volume and Forecast to 2030 (Kilo Tons)
Figure 10. Polyacrylic Acid Market Revenue and Forecast to 2030 (US$ Million)
Figure 11. Polyacrylamide Market Volume and Forecast to 2030 (Kilo Tons)
Figure 12. Polyacrylamide Market Revenue and Forecast to 2030 (US$ Million)
Figure 13. Sodium Polyacrylate Market Volume and Forecast to 2030 (Kilo Tons)
Figure 14. Sodium Polyacrylate Market Revenue and Forecast to 2030 (US$ Million)
Figure 15. Potassium Polyacrylate Market Volume and Forecast to 2030 (Kilo Tons)
Figure 16. Potassium Polyacrylate Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. Polysaccharides Market Volume and Forecast to 2030 (Kilo Tons)
Figure 18. Polysaccharides Market Revenue and Forecast to 2030 (US$ Million)
Figure 19. Others Market Volume and Forecast to 2030 (Kilo Tons)
Figure 20. Others Market Revenue and Forecast to 2030 (US$ Million)
Figure 21. Super Absorbent Polymer Market Share (%) – Category, 2022 and 2030
Figure 22. Synthetic Market Revenue and Forecast to 2030 (US$ Million)
Figure 23. Biobased Market Revenue and Forecast to 2030 (US$ Million)
Figure 24. Super Absorbent Polymer Market Share (%) – Application, 2022 and 2030
Figure 25. Personal Care Market Revenue and Forecast to 2030 (US$ Million)
Figure 26. Agriculture Market Revenue and Forecast to 2030 (US$ Million)
Figure 27. Healthcare Market Revenue and Forecast to 2030 (US$ Million)
Figure 28. Building & Construction Market Revenue and Forecast to 2030 (US$ Million)
Figure 29. Others Market Revenue and Forecast to 2030 (US$ Million)
Figure 30. Asia Pacific Super Absorbent Polymer Market Revenue, By Key Country, (2022) (US$ Million)
Figure 31. Super Absorbent Polymer Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 32. Australia Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 33. Australia Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 34. China Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 35. China Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 36. India Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 37. India Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 38. Japan Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 39. Japan Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 40. South Korea Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 41. South Korea Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 42. Rest of Asia Pacific Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 43. Rest of Asia Pacific Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 44. Company Positioning & Concentration