Germany Super Absorbent Polymer Market Size & Outlook
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Germany super absorbent polymer market highlights
- The Germany super absorbent polymer market generated a revenue of USD 594.2 million in 2023 and is expected to reach USD 978.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, sodium polyacrylate was the largest revenue generating type in 2023.
- Sodium Polyacrylate is the most lucrative type segment registering the fastest growth during the forecast period.
Super absorbent polymer market data book summary
| Market revenue in 2023 | USD 594.2 million |
| Market revenue in 2030 | USD 978.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Sodium polyacrylate |
| Fastest growing segment | Sodium Polyacrylate |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sodium Polyacrylate, Polyacrylate/Polyacrylamide |
| Key market players worldwide | Basf SE, LG Chem, Formosa Plastics Group, Sanyo, Evonik Industries AG, Kao Corp, Nippon Shokubai Co Ltd, Sumitomo Corp |
Other key industry trends
- In terms of revenue, Germany accounted for 6.0% of the global super absorbent polymer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany super absorbent polymer market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 978.8 million by 2030.
Sodium polyacrylate was the largest segment with a revenue share of 86% in 2023. Horizon Databook has segmented the Germany super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Adult incontinence, feminine hygiene products and the baby diaper segment dominate the market. The product visibility of sustainable biodegradable superabsorbent has increased over the past few years owing to the rising demand for adult incontinence products, which have higher efficiency and liquid absorption properties. This is a major factor contributing towards to the expansion of the market in Germany.
However, the rising immigrant population, which is fairly young, is expected to provide major boost to the baby diaper segment over the forecast period. Strong consumer demand for healthy food products with low fat and cholesterol has been a major propelling factor for demand in the region.
Growing awareness towards naturally derived sweetening agents and their long-term benefits has also helped in propelling growth for super absorbent polymer based compounds over the past few years.
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Super Absorbent Polymer Market Scope
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 |
Germany super absorbent polymer market size, by type, 2018-2030 (US$M)
Germany Super Absorbent Polymer Market Outlook Share, 2023 & 2030 (US$M)
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