Global Super Absorbent Polymer Market Size & Outlook
The super absorbent polymer industry worldwide is expected to reach a projected revenue of US$ 15,181.0 million by 2030. A compound annual growth rate of 6.4% is expected of the worldwide super absorbent polymer industry 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
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Super Absorbent Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 type, 2023 & 2030 (%, US$M)
Super absorbent polymer market: Opportunity assessment by country
Global super absorbent polymer market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,346.4 | 1,392.9 | 1,350.8 | 1,446.1 | 1,534.7 | 1,628.9 | 1,727.8 | 1,834.9 | 1,956.1 | 2,082.5 | 2,224.4 | 2,391.8 | 2,572.1 | 6.7% |
| Europe | 1,995.0 | 2,045.3 | 1,964.3 | 2,084.7 | 2,195.7 | 2,312.9 | 2,435.1 | 2,567.0 | 2,716.7 | 2,871.3 | 3,045.1 | 3,251.1 | 3,471.8 | 6.0% |
| Asia Pacific | 3,252.5 | 3,362.3 | 3,187.1 | 3,409.9 | 3,624.9 | 3,854.5 | 4,097.1 | 4,361.1 | 4,660.7 | 4,975.0 | 5,329.1 | 5,747.4 | 6,200.4 | 7.0% |
| Latin America | 969.1 | 992.9 | 952.6 | 1,010.2 | 1,061.6 | 1,115.6 | 1,171.7 | 1,232.0 | 1,300.4 | 1,370.6 | 1,449.4 | 1,542.9 | 1,642.5 | 5.7% |
| MEA | 802.3 | 825.0 | 792.5 | 843.3 | 880.5 | 919.4 | 959.3 | 1,002.3 | 1,051.1 | 1,100.7 | 1,156.6 | 1,223.4 | 1,294.2 | 5.0% |
| Overall | 8,365.3 | 8,618.4 | 8,247.2 | 8,794.2 | 9,297.3 | 9,831.2 | 10,390.9 | 10,997.3 | 11,685.0 | 12,400.1 | 13,204.5 | 14,156.6 | 15,181.0 | 6.4% |
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