
Europe Super Absorbent Polymer Market
No. of Pages: 125 | Report Code: BMIRE00030692 | Category: Chemicals and Materials
No. of Pages: 125 | Report Code: BMIRE00030692 | Category: Chemicals and Materials
The Europe super absorbent polymer market was valued at US$ 1,672.75 million in 2022 and is expected to reach US$ 2,629.55 million by 2030; it is estimated to register a CAGR of 5.8% from 2022 to 2030. Increasing Adoption of Super Absorbent Polymers in the Healthcare Sector Drives Europe Super Absorbent Polymer Market
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.Europe Super Absorbent Polymer Market Overview
According to a report by the United Nations Population Fund in 2022, the share of the aged population is anticipated to reach 30% of the total population in Europe by 2050. The aging and geriatric population is most likely to suffer from incontinence and require adult diapers to manage incontinence. Further, adult diapers are widely used in hospice and palliative care settings to ensure the comfort of patients with limited mobility due to their medical conditions. Individuals with several medical conditions, such as mobility impairment or cognitive disorders, require adult diapers to manage incontinence. According to research by the European Association of Urology in 2023, incontinence is reported to become a major health problem in Europe, resulting in total accumulated economic burden of more than US$ 350 billion in 2030. The report also revealed that nearly 55-60 million Europeans suffer from continence health problems.
The increasing demand for wound care dressing and incontinence products is propelling the growth of super absorbent polymer market. The emphasis on sustainable and eco-friendly solutions has spurred innovation in the super absorbent polymer market. The rising research in bio-based super absorbent polymer aligns with Europe's commitment to environmental sustainability and promoting a circular economy. Therefore, rising incontinence issues and growing emphasis on the development of bio-based super absorbent polymers are expected to create lucrative opportunities for market growth.
Europe Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Europe Super Absorbent Polymer provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Europe Super Absorbent Polymer refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Europe Super Absorbent Polymer Strategic Insights
Europe Super Absorbent Polymer Report Scope
Report Attribute
Details
Market size in 2022
US$ 1,672.75 Million
Market Size by 2030
US$ 2,629.55 Million
Global CAGR (2022 - 2030)
5.8%
Historical Data
2020-2021
Forecast period
2023-2030
Segments Covered
By Type
By Category
Regions and Countries Covered
Europe
Market leaders and key company profiles
Europe Super Absorbent Polymer Regional Insights
Europe Super Absorbent Polymer Market Segmentation
The Europe super absorbent polymer market is segmented into type, category, application, and country.
Based on type, the Europe 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 Europe super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held a larger market share in 2022.
By application, the Europe 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 Europe super absorbent polymer market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe super absorbent polymer market share in 2022.
LG Chem, Ltd.; BASF SE, Sumitomo Seika Chemicals Co., Ltd.; Nippon Shokubai Co., Ltd.; Evonik Industries AG; Chase Corp; Songwon Industrial Co Ltd; and Satellite Chemical Co., Ltd. are among the leading companies operating in the Europe super absorbent polymer market.
1. LG Chem, Ltd.
2. BASF SE
3. Sumitomo Seika Chemicals Co., Ltd.
4. Nippon Shokubai Co., Ltd.
5. Evonik Industries AG
6. Chase Corp
7. Songwon Industrial Co Ltd
8. Satellite Chemical Co., Ltd.
The Europe Super Absorbent Polymer Market is valued at US$ 1,672.75 Million in 2022, it is projected to reach US$ 2,629.55 Million by 2030.
As per our report Europe Super Absorbent Polymer Market, the market size is valued at US$ 1,672.75 Million in 2022, projecting it to reach US$ 2,629.55 Million by 2030. This translates to a CAGR of approximately 5.8% during the forecast period.
The Europe Super Absorbent Polymer Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Super Absorbent Polymer Market report:
The Europe Super Absorbent Polymer Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Super Absorbent Polymer Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Super Absorbent Polymer Market value chain can benefit from the information contained in a comprehensive market report.