Global Super Absorbent Polymer Market Size & Outlook
The global super absorbent polymer market size was estimated at USD 9,831.2 million in 2023 and is projected to reach USD 15,181.0 million by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
Revenue, 2023 (US$M)
$9,831.2
Forecast, 2030 (US$M)
$15,181.0
CAGR, 2024 - 2030
6.4%
Report Coverage
Worldwide
Global super absorbent polymer market, 2018-2030 (US$M)
Related Markets
Global super absorbent polymer market highlights
- The global super absorbent polymer market generated a revenue of USD 9,831.2 million in 2023 and is expected to reach USD 15,181.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.4% by 2030.
- In terms of segment, sodium polyacrylate accounted for a revenue of USD 8,290.7 million in 2023.
- Sodium Polyacrylate is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,831.2 million |
| Market revenue in 2030 | USD 15,181.0 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Sodium polyacrylate |
| Fastest growing segment | Sodium Polyacrylate |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sodium Polyacrylate, Polyacrylate/Polyacrylamide |
Other key industry trends
- In terms of revenue, the North America accounted for 16.6% of the global super absorbent polymer market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 332.1 million by 2030.
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Super Absorbent Polymer Market Scope
Super absorbent polymer market segmentation & scope
Others
Super Absorbent Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nippon Shokubai Co Ltd | View profile | 4574 | 4-1-1, Koraibashi, Kogin Building, Chuo-ku, Osaka, Japan | http://www.shokubai.co.jp |
| Sanyo | View profile | 10001+ | San Diego, California, United States, North America | http://www.sanyo.com |
| Formosa Plastics Group | View profile | 1001-5000 | Taipei, T'ai-pei, Taiwan, Asia | https://www.fpg.com.tw/ |
| Kao Corp | View profile | 42450 | 14-10, Nihonbashi Kayabacho 1-chome, Chuo-ku, Tokyo, Japan, 103-8210 | http://www.kao.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global super absorbent polymer market size, by regions, 2018-2030 (US$M)
Top 10 countries: Super absorbent polymer market size, 2023 (US$M)
Global super absorbent polymer market share, by application, 2023 & 2030 (%, US$M)
Super absorbent polymer market: Opportunity assessment by country
Global super absorbent polymer market, by region, 2023 (US$M)
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