Middle East & Africa Super Absorbent Polymer Market Size & Outlook
Middle East & Africa super absorbent polymer market, 2018-2030 (US$M)
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MEA super absorbent polymer market highlights
- The MEA super absorbent polymer market generated a revenue of USD 919.4 million in 2023.
- The market is expected to grow at a CAGR of 5% 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 919.4 million |
| Market revenue in 2030 | USD 1,294.2 million |
| Growth rate | 5% (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 |
| 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, MEA region accounted for 9.4% of the global super absorbent polymer market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,200.4 million by 2030.
Sodium polyacrylate was the largest segment with a revenue share of 84.65% in 2023. Horizon Databook has segmented the Middle East & Africa super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for Super Absorbent Polymer in the MEA is expected to be driven by rapid population growth, high incidences of lifestyle-related disorders, and ambitious healthcare infrastructure development. The demand for superior technology plastic components is expected to increase significantly, thereby propelling the demand for super absorbent polymer in the region.
The regional super absorbent polymer market is expected to be driven by the demand for protective wear and syringes. In addition, the demand for Super Absorbent Polymer in orthopedic implants and soft goods is expected to rise on account of the superior strength and radiation resistance offered by super absorbent polymer applications including hygiene products.
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Super Absorbent Polymer Market Scope
Super Absorbent Polymer Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA super absorbent polymer market size, by country, 2018-2030 (US$M)
Middle East & Africa Super Absorbent Polymer Market Outlook Share, 2023 & 2030 (US$M)
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