According to the latest research, the global Super Absorbent Resin market size was valued at USD 7804.0 million in 2022 and is expected to expand at a CAGR of 3.65% during the forecast period, reaching USD 9676.84 million by 2028.
Super absorbent resin is a new sub-material, (also known as super absorbent polymer, SAP) it can absorb its own weight hundreds to thousands of times the water, non-toxic, harmless, pollution-free, water absorption capacity is particularly strong, water retention capacity is particularly high.
Influence of COVID-19 Outbreak on Super Absorbent Resin Industry Development
Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. The COVID-19 epidemic is infected with a large number of people, and its spread and scope far exceed SARS. At present, the number of confirmed cases in Worldwide has exceeded 20 million. Different industries are affected differently by the epidemic situation.
The impact on the Super Absorbent Resin industry is mainly reflected in the supply of raw materials and the operation of the industry market. The main raw materials of Super Absorbent Resin products include some starch, Cellulose, acrylic acid, etc. Affected by the COVID-19 epidemic, logistics will be suspended and the supply of raw materials will be tight. Due to the global threat of COVID-19, the resumption of global factories will directly affect customers' production plans and delivery plans. The continuous outbreak of the international epidemic will affect the smooth supply of equipment and materials if the personnel control of various countries is expanded.
COVID-19 has a huge impact on the operation of the industry, The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined, of which the impact on SMEs is more obvious. The company's inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company's solvency. Some small and medium-sized enterprises are in trouble.
Market Drivers, Trends and Issues
According to data from the United Nations' World Population Outlook: 2019 Revised Edition, by 2050, 1 out of every 6 people in the world will be 65 years old (16%) or older, and this number will be 11 in 2019 (9 %); By 2050, in Europe and North America, 1 in 4 people will be 65 years of age or older. In 2018, the number of people aged 65 or over in the world surpassed the number of people under 5 years old for an unprecedented rate. In addition, the population of 80 years or older is expected to triple, from 143 million in 2019 to 426 million in 2050. The three macro-population trends in the 21st century is: continuous global population growth, population aging, and Therefore, the increase in the elderly population will drive the demand for adult diapers, which in turn provides a supplement to the superabsorbent polymer market. Secondly, in some developing and underdeveloped regions, the increase in birth rate has increased the demand for Baby Diaper, which will also promote the development of the Super Absorbent Resin market.
Region Overview:
Japan had the highest growth rate of all regions.
Company Overview:
NIPPON SHOKUBAI is one of the major players operating in the Super Absorbent Resin market, holding a share of 19.56% in 2020.
NIPPON SHOKUBAI CO., LTD. manufactures and sells basic and fine chemicals, synthetic resins, and catalysts. The Company's products include acrylic acid, super absorbent polymers, and automobile catalysts.
BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.
Segmentation Overview:
Among different product types, Acrylic Resin SAP segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Baby Diaper segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Super Absorbent Resin industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Super Absorbent Resin. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Super Absorbent Resin Market Report Include:
Market Size Estimates: Super Absorbent Resin market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Super Absorbent Resin market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Super Absorbent Resin market
Segment Market Analysis: Super Absorbent Resin market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Super Absorbent Resin market situations and prospects in major and top regions and countries
Super Absorbent Resin Market
Super Absorbent Resin Industry Chain: Super Absorbent Resin market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Super Absorbent Resin Industry News, Policies by regions
Super Absorbent Resin Industry Porters Five Forces Analysis
Key players in the global Super Absorbent Resin market are covered in Chapter 2:
Sumitomo Seika
Boya Shuzhi
Quanzhou BLD Science Technology
Songwon Industrial
Formosa Plastics Corporation
Danson Technology
BASF
Evonik Industries
Sanyo Chemical
Zhejiang Satellite Petro-chemical
Weilong Polymer Material
Shandong Nuoer Bio-Tech
Demi
LG Chemicals
NIPPON SHOKUBAI
In Chapter 6 and Chapter 9, on the basis of types, the Super Absorbent Resin market from 2018 to 2028 is primarily split into:
Starch-based SAP
Cellulose-based SAP
Acrylic Resin SAP
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Super Absorbent Resin market from 2018 to 2028 covers:
Baby Diaper
Adult Inconvenience Products
Feminine Hygiene
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Super Absorbent Resin market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Super Absorbent Resin industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Super Absorbent Resin market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Super Absorbent Resin industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Super Absorbent Resin market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Super Absorbent Resin market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Super Absorbent Resin market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Super absorbent resin is a new sub-material, (also known as super absorbent polymer, SAP) it can absorb its own weight hundreds to thousands of times the water, non-toxic, harmless, pollution-free, water absorption capacity is particularly strong, water retention capacity is particularly high.
Influence of COVID-19 Outbreak on Super Absorbent Resin Industry Development
Since the outbreak of the COVID-19 virus in December 2019, the disease has spread to nearly 100 countries around the world, and the World Health Organization has declared it an emergency public health event. The COVID-19 epidemic is infected with a large number of people, and its spread and scope far exceed SARS. At present, the number of confirmed cases in Worldwide has exceeded 20 million. Different industries are affected differently by the epidemic situation.
The impact on the Super Absorbent Resin industry is mainly reflected in the supply of raw materials and the operation of the industry market. The main raw materials of Super Absorbent Resin products include some starch, Cellulose, acrylic acid, etc. Affected by the COVID-19 epidemic, logistics will be suspended and the supply of raw materials will be tight. Due to the global threat of COVID-19, the resumption of global factories will directly affect customers' production plans and delivery plans. The continuous outbreak of the international epidemic will affect the smooth supply of equipment and materials if the personnel control of various countries is expanded.
COVID-19 has a huge impact on the operation of the industry, The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined, of which the impact on SMEs is more obvious. The company's inability to conduct normal operations and sales has exacerbated the shortage of funds for SMEs and reduced the company's solvency. Some small and medium-sized enterprises are in trouble.
Market Drivers, Trends and Issues
According to data from the United Nations' World Population Outlook: 2019 Revised Edition, by 2050, 1 out of every 6 people in the world will be 65 years old (16%) or older, and this number will be 11 in 2019 (9 %); By 2050, in Europe and North America, 1 in 4 people will be 65 years of age or older. In 2018, the number of people aged 65 or over in the world surpassed the number of people under 5 years old for an unprecedented rate. In addition, the population of 80 years or older is expected to triple, from 143 million in 2019 to 426 million in 2050. The three macro-population trends in the 21st century is: continuous global population growth, population aging, and Therefore, the increase in the elderly population will drive the demand for adult diapers, which in turn provides a supplement to the superabsorbent polymer market. Secondly, in some developing and underdeveloped regions, the increase in birth rate has increased the demand for Baby Diaper, which will also promote the development of the Super Absorbent Resin market.
Region Overview:
Japan had the highest growth rate of all regions.
Company Overview:
NIPPON SHOKUBAI is one of the major players operating in the Super Absorbent Resin market, holding a share of 19.56% in 2020.
NIPPON SHOKUBAI CO., LTD. manufactures and sells basic and fine chemicals, synthetic resins, and catalysts. The Company's products include acrylic acid, super absorbent polymers, and automobile catalysts.
BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.
Segmentation Overview:
Among different product types, Acrylic Resin SAP segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Baby Diaper segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Super Absorbent Resin industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Super Absorbent Resin. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Super Absorbent Resin Market Report Include:
Market Size Estimates: Super Absorbent Resin market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Super Absorbent Resin market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Super Absorbent Resin market
Segment Market Analysis: Super Absorbent Resin market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Super Absorbent Resin market situations and prospects in major and top regions and countries
Super Absorbent Resin Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Super Absorbent Resin Industry Chain: Super Absorbent Resin market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Super Absorbent Resin Industry News, Policies by regions
Super Absorbent Resin Industry Porters Five Forces Analysis
Key players in the global Super Absorbent Resin market are covered in Chapter 2:
Sumitomo Seika
Boya Shuzhi
Quanzhou BLD Science Technology
Songwon Industrial
Formosa Plastics Corporation
Danson Technology
BASF
Evonik Industries
Sanyo Chemical
Zhejiang Satellite Petro-chemical
Weilong Polymer Material
Shandong Nuoer Bio-Tech
Demi
LG Chemicals
NIPPON SHOKUBAI
In Chapter 6 and Chapter 9, on the basis of types, the Super Absorbent Resin market from 2018 to 2028 is primarily split into:
Starch-based SAP
Cellulose-based SAP
Acrylic Resin SAP
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Super Absorbent Resin market from 2018 to 2028 covers:
Baby Diaper
Adult Inconvenience Products
Feminine Hygiene
Other
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Super Absorbent Resin market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Super Absorbent Resin industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Super Absorbent Resin market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Super Absorbent Resin industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Super Absorbent Resin market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Super Absorbent Resin market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Super Absorbent Resin market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.