The specialty super absorbent polymer market is expected to grow at a CAGR of 6.5% to reach USD 2.0 billion by 2029 from USD 1.5 billion in 2024. This report provides an in-depth evaluation of the industry, focusing on specialty super absorbent polymer market size, trends, drivers, challenges, competitive landscape, and future growth potential. The market growth is driven by various factors, including the significant demand from construction and packaging industry. The Specialty super absorbent polymer market is driven by increasing demand in various end-use industries like water treatment. The increasing application of super absorbent polymers (SAPs) in water treatment is a significant development in the field of agriculture and water management. SAPs improve soil porosity, air capacity, and cation exchange capacity (CEC), which enhances soil health and fertility.
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Specialty Super Absorbent Polymer Market Key Players
The key global players in the specialty super absorbent polymers market, such as Evonik (Germany), Sumitomo Seika (Japan), Nippon Shokubai (Japan), LG Chem (South Korea), Songwon Industrial Group (South Korea), Chase Corporation (US), Formosa Plastics Corporation (Taiwan), SDP Global (Japan) SNF (France), Yixing Danson Technology (China), and Acuro Organics Ltd. (India) have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches, mergers and expansions.
Nippon Shokubai
Nippon Shokubai is a specialty chemical company, which operates in materials and solution business segments. The company manufactures a wide range of products for various applications such as daily use materials, construction, environment and water treatment, electronics, inks and coatings, energy storage, oil and gas, mobility, and life sciences. The company offers synthetic latex polymers under the health & protection and performance materials segment. Shokubai Nippon produces super absorbent polymers and acrylic acid through its materials business segment. The company has its presence in markets across North America, Europe, Japan, and China.
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Chase Corporation
Chase corporation is one of the leading manufacturers of protective materials for high reliability applications and operates through its subsidiary Zappa Stewart in the super absorbent polymer market. Zappa-Stewart joined Chase Corporation, in 2018. The company has a team of 200 employees with its headquarters in the US. It supplies Super absorbent polymers (SAP) to the industrial, environmental, and energy sectors in the US and abroad for the economical solidification of liquid waste. Their product portfolio comprises super absorbent polymer, super absorbent powder, super absorbent hot melt adhesive, and tailored solutions for effective liquid absorption. Zappa Stewart offers super absorbent polymer products and solutions to diverse markets including infrastructure, medical, environmental, energy, wire and cable, and consumer products. Zappa Stewart has significantly broadened its distribution reach in North America through partnership with Chase Corporation. They have expanded their global footprint with international sales operations in UK, Paris, France, China, and India. This expansion has enabled Zappa Stewart to enhance its market presence and offer its specialty materials for water and liquid management on a broader scale.
“Agriculture is projected to be the fastest growing end-use industry of specialty super absorbent polymer, in terms of value, during the forecast period.”
The agriculture sector is the fastest growing specialty super absorbent polymer market due to the increasing demand for water-efficient and sustainable farming practices. Superabsorbent polymers (SAPs) are used in agriculture to improve soil water retention, reduce water loss through evapotranspiration and runoff, and enhance crop yields. This is particularly important in regions with limited water resources, where efficient water use is crucial for maintaining crop productivity and ensuring food security.
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“Sodium Polyacrylate is the largest type of material used in specialty super absorbent polymer, in terms of value.”
Sodium polyacrylate is a superabsorbent polymer with a wide range of applications in various industries. Its ability to absorb and retain large amounts of water makes it an effective material for managing water in various contexts. SAP is used to manage water in various applications, including water retention in soil, reducing water loss through evapotranspiration and runoff, and improving water retention in agricultural settings. Sodium polyacrylate is used in sandless sandbags for flood control, allowing for effective water retention and management during flood events.
“Asia Pacific captures the largest share in the specialty super absorbent polymer market during the forecast period, in terms of value.”
Asia Pacific has experienced significant industrialization and urbanization over the past few decades, leading to increased demand for various industrial and construction materials, including specialty super absorbent polymers. The region’s booming manufacturing sectors, particularly in countries like China, India, Japan, and South Korea, have driven the demand for specialty super absorbent polymers in applications such as agriculture, packaging, and construction. The region’s economic expansion is also a significant contributor to the expansion of the global specialty super absorbent polymer market.
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