Asia Pacific Super Absorbent Polymer Market Forecast to 2030 - Regional Analysis - by Type (Polyacrylic acid, Polyacrylamide, Sodium Polyacrylate, Potassium Polyacrylate, Polysaccharides, and Others), Category (Synthetic and Biobased), and Application (Personal Care, Agriculture, Healthcare, Building & Construction, and Others)
The Asia Pacific super absorbent polymer market was valued at US$ 2,943.55 million in 2022 and is expected to reach US$ 4,770.78 million by 2030; it is estimated to register a CAGR of 6.2% from 2022 to 2030.
Strategic Development Initiatives by Key Market Players Boost Asia Pacific Super Absorbent Polymer Market
Super absorbent polymer manufacturers are investing significantly in strategic development initiatives such as product innovation, mergers & acquisitions, and expansion of their businesses to widen their customer base and enhance their market position. Many key players are exploring non-hygiene applications for super absorbent polymers, such as in agriculture, for improved water retention and crop yields. This diversification mitigates dependence on the saturated hygiene market and unlocks new revenue streams. Research and development are crucial in maintaining a competitive edge, addressing specific customer demands, and opening opportunities for novel applications. The company aimed to equip the center with data collection and sensor technology to boost the process from product development to commercial scale. The introduction of applied robotics for automated sample testing in its development labs is followed by the implementation of advanced modeling in BASF's digitization roadmap for its super absorbent business. Emerging markets such as China and India present significant growth potential for the market. Major manufacturers are adopting acquisition, expansion, and production capacity scaleup strategies to serve their customers better and satisfy their growing demands. Therefore, strategic development initiatives by key market players create lucrative opportunities in the super absorbent polymer market.
Asia Pacific Super Absorbent Polymer Market Overview
Asia Pacific is characterized by steady growth in population, growing disposable income of people, and high per capita healthcare expenditure. According to a report published by the US Census Bureau in 2022, the population of Asia reached 4.5 billion in 2020. As per the same report, the population aged 65 or above in Asia is projected to reach 1.2 billion by 2060 from 414 million in 2020. Due to the rising geriatric population, the government of Singapore planned to add 3,700 hospital beds under the country's Healthcare 2020 Masterplan. The demand for incontinence and wound care products is influenced by incidences of incontinence and pressure ulcers in the aging population. Super absorbent polymers act as water reservoirs in the soil, absorbing and storing large amounts of water from irrigation and rainfall. This stored water is slowly released to plant roots over time, providing them with vital moisture and improving water utilization efficiency. In October 2023, EF Polymer and Okinawa Prefecture collaboratively developed an eco-friendly material, EF polymer. It is a super absorbent polymer made from fruit peels for agricultural applications. This developed super absorbent polymer also has applications in the production of diaper and shampoo thickeners. Thus, super absorbent polymers for agricultural applications and rising demand for incontinence products are projected to boost the super absorbent polymer market during the forecast period.
Asia Pacific Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Super Absorbent Polymer Market Segmentation
The Asia Pacific super absorbent polymer market is categorized into type, category, application, and country.
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 the largest market share in 2022.
In terms of category, the Asia Pacific super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held a larger market share in 2022.
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 the largest market share in 2022.
Based on country, the Asia Pacific super absorbent polymer market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific super absorbent polymer market share in 2022.
Sanyo Chemical Industries Ltd; LG Chem, Ltd.; BASF SE; Sumitomo Seika Chemicals Co., Ltd.; Nippon Shokubai Co., Ltd.; Evonik Industries AG; Chase Corp; Yixing Danson Science and Technology Co Ltd; Satellite Chemical Co., Ltd.; and Songwon Industrial Co Ltd are some of the leading companies operating in the Asia Pacific super absorbent polymer market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners 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
1. Sanyo Chemical Industries Ltd
2. LG Chem, Ltd.
3. BASF SE
4. Sumitomo Seika Chemicals Co., Ltd.
5. Nippon Shokubai Co., Ltd.
6. Evonik Industries AG
7. Chase corp
8. Songwon Industrial Co Ltd
9. Yixing Danson Science and Technology Co Ltd
10. Satellite Chemical Co., Ltd.
- 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.
- Highlights key business priorities to assist companies to realign their business strategies.
- 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.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- 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.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.