U.S. Super Absorbent Polymer Market Size & Outlook
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U.S. super absorbent polymer market highlights
- The U.S. super absorbent polymer market generated a revenue of USD 1,109.3 million in 2023 and is expected to reach USD 1,812.3 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.3% 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 1,109.3 million |
| Market revenue in 2030 | USD 1,812.3 million |
| Growth rate | 7.3% (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, U.S. accounted for 11.3% 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 North America, U.S. super absorbent polymer market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,812.3 million by 2030.
Sodium polyacrylate was the largest segment with a revenue share of 86.02% in 2023. Horizon Databook has segmented the U.S. super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Key initiatives such as the Affordable Care Act (ACA) and Medicaid undertaken by the Government of the U.S. have enabled a large percentage of the population of the country to have access to effective and improved healthcare facilities and services.
This has fueled the demand for branded drugs, medical devices, and healthcare services in the U.S., thereby driving the consumption of super-absorbent polymer in the country for developing disposable medical connectors, syringes, depth filters, etc.
In addition, the constantly rising patient population in the U.S., in addition to the effects of the spread of COVID-19 at the community level in the country in 2020, is projected to lead to the increased demand for various plastic-based medical products such as syringes, gloves, adult diapers, and masks.
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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 |
U.S. super absorbent polymer market size, by type, 2018-2030 (US$M)
U.S. Super Absorbent Polymer Market Outlook Share, 2023 & 2030 (US$M)
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