UAE Super Absorbent Polymer Market Size & Outlook
Related Markets
UAE super absorbent polymer market highlights
- The UAE super absorbent polymer market generated a revenue of USD 187.9 million in 2023 and is expected to reach USD 269.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.3% 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 187.9 million |
| Market revenue in 2030 | USD 269.3 million |
| Growth rate | 5.3% (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, UAE accounted for 1.9% 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 Middle East & Africa, Saudi Arabia super absorbent polymer market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 336.5 million by 2030.
Sodium polyacrylate was the largest segment with a revenue share of 85.05% in 2023. Horizon Databook has segmented the UAE super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare remains a top priority for the government of South Africa. In South Africa, healthcare industry is expected to expand at a rapid rate over the coming years on account of innovation and technological advancements, which is expected to propel super absorbent polymer demand over the forecast period. South Africa is focusing on downstream industries for the production of super absorbent polymer.
The country has introduced a series of initiatives to boost the growth of small and medium-sized enterprises (SMEs) involved in the production of super absorbent polymer based products. The growth of the super absorbent polymer market in the country can be attributed to a continuous supply of raw materials, growing population, and high healthcare investment in super absorbent polymer manufacturing sector.
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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 |
UAE super absorbent polymer market size, by type, 2018-2030 (US$M)
UAE Super Absorbent Polymer Market Outlook Share, 2023 & 2030 (US$M)
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