South & Central America Super Absorbent Polymer Market Forecast to 2030

At 4.4% CAGR, South & Central America Super Absorbent Polymer Market is Speculated to be Worth US$ 356.68 Million by 2030, says The Research Team

According toThe Research Team’ research, the South & Central America super absorbent polymer market was valued at US$ 252.26 million in 2022 and is projected to reach US$ 356.68 million by 2030, recording a CAGR of 4.4% from 2022 to 2030. Development of bio-based super absorbent polymer and rising demand for hygiene and incontinence products are among the critical factors attributed to drive the South & Central America super absorbent polymer market growth.

Super absorbent polymers have been used in diapers, personal care products, agriculture, and healthcare. Super absorbent polymers are derived from petroleum-based raw materials, contributing to environmental concerns and a reliance on non-renewable resources. In response to these challenges, researchers and companies are actively exploring and advancing the field of bio-based super absorbent polymers. Bio-based super absorbent polymers are derived from renewable resources such as plant starches, cellulose, or biomass. One promising technology involves the utilization of agricultural by-products or waste materials to create these polymers, reducing the environmental impact associated with their production. This shift toward bio-based alternatives aligns with the global commitment to reducing dependency on fossil fuels and mitigating the ecological footprint of various industries. Scientists are exploring various modification techniques and crosslinking agents to optimize the absorption capacity and gel strength of the bio-based super absorbent polymer. As research progresses and production methods improve, bio-based super absorbent polymers are poised to revolutionize various industries. The development of biodegradable personal care and hygiene products is boosting the demand for bio-based super absorbent polymers. In May 2023, KNH Enterprise developed a recyclable and eco-friendly sanitary napkin made from bamboo fibers. Rising demand for biodegradable products is prompting market players to invest in research related to bio-based materials. Therefore, the development of bio-based super absorbent polymer is expected to drive market growth during the forecast period.

On the contrastingly, volatility in raw materials prices hampers the growth of South & Central America super absorbent polymer market.

Based on type, the South & Central America super absorbent polymer market is categorized into polyacrylic acid, polyacrylamide, sodium polyacrylate, potassium polyacrylate, polysaccharides, and others. The sodium polyacrylate segment held 55.0% market share in 2022, amassing US$ 138.78 million. It is projected to garner US$ 203.76 million by 2030 to register 4.9% CAGR during 2022-2030.

In terms of category, the South & Central America super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held 70.2% share of South & Central America super absorbent polymer market in 2022, amassing US$ 176.98 million. It is anticipated to garner US$ 244.84 million by 2030 to expand at 4.1% CAGR during 2022-2030.

By application, the South & Central America super absorbent polymer market is segmented into personal care, agriculture, healthcare, building & construction, and others. The personal care segment held 77.2% share of South & Central America super absorbent polymer market in 2022, amassing US$ 194.64 million. It is projected to garner US$ 278.80 million by 2030 to expand at 4.6% CAGR from 2022 to 2030.

Based on country, the South & Central America super absorbent polymer market is categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 44.9% share of South & Central America super absorbent polymer market in 2022. It was assessed at US$ 113.18 million in 2022 and is likely to hit US$ 163.59 million by 2030, registering a CAGR of 4.7% during 2022-2030.

Key players operating in the South & Central America super absorbent polymer market are LG Chem, Ltd.; BASF SE; Evonik Industries AG; and Satellite Chemical Co., Ltd. among others.

In August 2021, LG Chem claimed in South Korea that it had mass-produced the first “Bio-balanced” SAP (Super Absorbent Polymer) in history, which has been certified internationally by International Sustainability & Carbon Certification (ISCC) Plus and has begun exporting its first product. The ISCC, awarded its ISCC Plus accreditation to SAP. Moreover, it is the first instance of the environmentally friendly integrated brand “LETZero,” which LG Chem recently introduced, being used. SAP was transferred from the Yeosu Plant to ‘Baby Life,’ an LG Chem client in Jordan, where it will be utilized for diaper manufacturing and other purposes.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America super absorbent polymer market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central America 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 South & Central America market trends and outlook coupled with the factors driving the South & Central America 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 Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America 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:
5. South & Central America 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 – South & Central America Analysis
6.1 South & Central America Super Polymer Absorbent 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. South & Central America 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. South & Central America Super Absorbent Polymer Market Analysis – Category
8.1 Synthetic
8.1.1 Overview
8.1.2 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. South & Central America 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. South & Central America Super Absorbent Polymer Market – Country Analysis
10.1 South & Central America Super Absorbent Polymer Market – Country Analysis
10.1.1 South & Central America Super Absorbent Polymer Market Breakdown – by Key Countries, 2022 and 2030 (%)
10.1.1.1 Brazil Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.2 Brazil Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Brazil Super Absorbent Polymer Market Breakdown by Type
10.1.1.2.2 Brazil Super Absorbent Polymer Market Breakdown by Type
10.1.1.2.3 Brazil Super Absorbent Polymer Market Breakdown by Category
10.1.1.2.4 Brazil Super Absorbent Polymer Market Breakdown by Application
10.1.1.3 Argentina Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.4 Argentina Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.4.1 Argentina Super Absorbent Polymer Market Breakdown by Type
10.1.1.4.2 Argentina Super Absorbent Polymer Market Breakdown by Type
10.1.1.4.3 Argentina Super Absorbent Polymer Market Breakdown by Category
10.1.1.4.4 Argentina Super Absorbent Polymer Market Breakdown by Application
10.1.1.5 Rest of SAM Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
10.1.1.6 Rest of SAM Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
10.1.1.6.1 Rest of SAM Super Absorbent Polymer Market Breakdown by Type
10.1.1.6.2 Rest of SAM Super Absorbent Polymer Market Breakdown by Type
10.1.1.6.3 Rest of SAM Super Absorbent Polymer Market Breakdown by Category
10.1.1.6.4 Rest of SAM 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 LG Chem, 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 BASF SE
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 Evonik Industries AG
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 Satellite Chemical 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
14. Appendix

LIST OF TABLES

Table 1. Super Absorbent Polymer Market Segmentation
Table 2. Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Table 3. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Table 4. Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – Type
Table 5. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – Type
Table 6. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – Category
Table 7. Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – Application
Table 8. Brazil Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 9. Brazil Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 10. Brazil Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 11. Brazil Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 12. Argentina Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 13. Argentina Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 14. Argentina Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 15. Argentina Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 16. Rest of SAM Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons) – By Type
Table 17. Rest of SAM Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Type
Table 18. Rest of SAM Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Category
Table 19. Rest of SAM Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million) – By Application
Table 20. 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. South & Central America Super Absorbent Polymer Market, by Key Country – Revenue, (2022) (US$ Million)
Figure 31. Super Absorbent Polymer Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 32. Brazil Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 33. Brazil Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 34. Argentina Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 35. Argentina Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 36. Rest of SAM Super Absorbent Polymer Market Volume and Forecast to 2030 (Kilo Tons)
Figure 37. Rest of SAM Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Figure 38. Company Positioning & Concentration