South & Central America 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 South & Central America super absorbent polymer market was valued at US$ 252.26 million in 2022 and is expected to reach US$ 356.68 million by 2030; it is estimated to register a CAGR of 4.4% from 2022 to 2030.
Strategic Development Initiatives by Key Market Players Fuel South & Central America 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. 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.
South & Central America Super Absorbent Polymer Market Overview
According to a report published by the International Trade Administration in 2023, Brazil invests 9.1% of its GDP in the healthcare sector, comprising 532,645 hospital beds, 88,000 supplementary healthcare services, 502,000 physicians, and 89,000 drug stores as of 2021. In the past few years, there has been a considerable rise in the number of hospitals in Brazil, majorly due to the increasing number of traffic accidents and surgeries. The patients with limited mobility and those patients confined with wheelchairs require adult diapers. Adult diapers are also used during the recovery period after certain surgical procedures and in several medical conditions, such as cognitive impairment. According to the Sistema Único de Saúde, Brazilian national healthcare system, the country recorded 6,982 diabetes-related lower limb amputations from January to August 2023. As per the Brazilian Diabetes Society, diabetes has become the leading cause of non-traumatic lower limb amputation. The region also marks the prevalence of pressure ulcers in hospitalized patients, resulting in an increased demand for wound care products. Therefore, the development of healthcare infrastructure and the rising number of diabetic foot ulcers and pressure ulcers are expected to drive the demand for super absorbent polymers during the forecast period.
South & Central America Super Absorbent Polymer Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Super Absorbent Polymer Market Segmentation
The South & Central America super absorbent polymer market is categorized into type, category, application, and country.
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 the largest market share in 2022.
In terms of category, the South & Central America super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held a larger market share in 2022.
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 the largest market share in 2022.
Based on country, the South & Central America super absorbent polymer market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America super absorbent polymer market share in 2022.
LG Chem, Ltd.; BASF SE; Evonik Industries AG; and Satellite Chemical Co., Ltd. are some of the leading companies operating in the South & Central America 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
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
- LG Chem, Ltd.
- BASF SE
- Evonik Industries AG
- Satellite Chemical Co., Ltd.
- 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.
- Highlights key business priorities in order to assist companies to realign their business strategies
- 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.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- 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.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.