Market Size of North America Super Absorbent Polymers (SAP) Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 5.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Super Absorbent Polymer Market Analysis
The North Americasuper absorbent polymers (SAP) market is estimated to witness a significant growth, at an estimated CAGR of over 5%, over the forecast period. Rising hygiene awareness in the region is expected to drive the market during the forecast period.
- High raw material cost and availability of raw material are likely to hinder the market's growth.
- Increasing investments in the development of bio-based superabsorbent polymers are projected to create opportunities to the market in the coming years.
- United States is expected to dominate the market and is also expected to witness the fastest CAGR during the forecast period.
North America Super Absorbent Polymer Industry Segmentation
The North America super absorbent polymers (SAP) market report includes:
Product Type | |
Polyacrylamide | |
Acrylic Acid Based | |
Other Product Types |
Application | |
Baby Diapers | |
Adult Incontinence Products | |
Feminine Hygiene | |
Agriculture Support | |
Other Applications |
Geography | |
United States | |
Canada | |
Mexico | |
Rest of North America |
North America Super Absorbent Polymers (SAP) Market Size Summary
The North America super absorbent polymer (SAP) market is poised for substantial growth, driven by increasing hygiene awareness and the rising demand for products like baby diapers, sanitary napkins, and adult incontinence products. The market is characterized by the dominance of the United States, which is expected to experience the fastest growth rate. The popularity of disposable baby diapers, enhanced by the introduction of superabsorbent polymers, is a significant factor contributing to market expansion. These polymers are integral to the functionality of baby diapers, offering superior liquid absorption and retention capabilities, which in turn provide benefits such as convenience, comfort, and improved hygiene. The baby diaper segment alone holds a significant share of the SAP market, fueled by factors such as increased birth rates, higher disposable incomes, and heightened hygiene awareness.
Despite the promising growth prospects, the market faces challenges such as high raw material costs and availability issues. However, the development of bio-based superabsorbent polymers presents new opportunities for market players. The competitive landscape is partially consolidated, with key players like BASF SE, ADM, Wanhua Chemical Group Co., Ltd., Kao Corporation, and Evonik Industries AG playing significant roles. The United States market is further bolstered by government initiatives promoting feminine hygiene and the removal of taxes on essential hygiene products. These factors collectively contribute to the anticipated growth of the super absorbent polymer market in North America over the forecast period.
North America Super Absorbent Polymers (SAP) Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Rising Hygiene Awareness
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1.1.2 Growing Infant and Aging Population
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1.2 Restraints
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1.2.1 High Raw Material Cost and Availability of Raw Material
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Polyacrylamide
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2.1.2 Acrylic Acid Based
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2.1.3 Other Product Types
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2.2 Application
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2.2.1 Baby Diapers
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2.2.2 Adult Incontinence Products
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2.2.3 Feminine Hygiene
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2.2.4 Agriculture Support
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2.2.5 Other Applications
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2.3 Geography
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2.3.1 United States
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2.3.2 Canada
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2.3.3 Mexico
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2.3.4 Rest of North America
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North America Super Absorbent Polymers (SAP) Market Size FAQs
What is the current North America Super Absorbent Polymers (SAP) Market size?
The North America Super Absorbent Polymers (SAP) Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in North America Super Absorbent Polymers (SAP) Market?
BASF SE, ADM, Wanhua Chemical Group Co.,Ltd. and Kao Corporation are the major companies operating in the North America Super Absorbent Polymers (SAP) Market.