At 4.8% CAGR, Middle East & Africa Super Absorbent Polymer Market is Projected to be Worth US$ 758.99 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa super absorbent polymer market was valued at US$ 523.28 million in 2022 and is projected to reach US$ 758.99 million by 2030, recording a CAGR of 4.8% from 2022 to 2030. Rising demand for hygiene and incontinence products and increasing adoption of super absorbent polymers in the healthcare sector are among the critical factors attributed to drive the Middle East & Africa super absorbent polymer market growth.

The rising demand for super absorbent polymers in the personal care industry, owing to their exceptional water-absorbing capacity, favors the market growth. These polymers are commonly used in products such as diapers, sanitary napkins, and adult incontinence products. Their ability to absorb and retain large amounts of liquid enhances the performance of these products, providing improved comfort and efficiency. The demand for super absorbent polymer rises as consumer preferences incline toward advanced and comfortable personal care products. The growing aging population directly translates to a more extensive customer base for adult diapers. Incontinence can significantly impact an individual's sense of independence. Adult diapers enable individuals to engage in social interactions, travel, and participate in various activities without fear of accidents or leakage. According to the World Health Organization, 1 in 6 people in the world will be 60 years and above, by 2030. The share of the population aged 60 years and above is projected to grow from 1 billion in 2020 to 1.4 billion by 2030. The world's population aged 60 years and above is projected to double, reaching 2.1 billion. The number of people aged 80 years and above is expected to triple between 2020 and 2050 to reach 426 million. The rising utilization of adult incontinence prompted several key companies to launch adult diapers. Super absorbent polymers are also used in the production of sanitary napkins due to their absorbent properties. The consumer expectations for hygiene and comfort rise continuously, thereby encouraging manufacturers to prioritize the utilization of advanced materials such as super absorbent polymers. Further, improved accessibility to sanitary napkins driven by both governmental and non-governmental efforts has made these products readily available to a large population. Therefore, high demand for hygiene and incontinence products such as diapers and sanitary products positively influences the super absorbent polymer market.

On the contrastingly, volatility in raw materials prices hampers the growth of Middle East & Africa super absorbent polymer market.

Based on type, the Middle East & Africa super absorbent polymer market is categorized into polyacrylic acid, polyacrylamide, sodium polyacrylate, potassium polyacrylate, polysaccharides, and others. The sodium polyacrylate segment held 51.7% market share in 2022, amassing US$ 270.44 million. It is projected to garner US$ 407.48 million by 2030 to register 5.3% CAGR during 2022-2030.

In terms of category, the Middle East & Africa super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held 73.8% share of Middle East & Africa super absorbent polymer market in 2022, amassing US$ 386.33 million. It is anticipated to garner US$ 549.71 million by 2030 to expand at 4.5% CAGR during 2022-2030.

By application, the Middle East & Africa super absorbent polymer market is segmented into personal care, agriculture, healthcare, building & construction, and others. The personal care segment held 77.4% share of Middle East & Africa super absorbent polymer market in 2022, amassing US$ 404.88 million. It is projected to garner US$ 595.55 million by 2030 to expand at 4.9% CAGR from 2022 to 2030.

Based on country, the Middle East & Africa super absorbent polymer market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 41.9% share of Middle East & Africa super absorbent polymer market in 2022. It was assessed at US$ 219.49 million in 2022 and is likely to hit US$ 323.46 million by 2030, registering a CAGR of 5.0% during 2022-2030.

Key players operating in the Middle East & Africa super absorbent polymer market are LG Chem, Ltd.; BASF SE; Evonik Industries AG; Songwon Industrial Co., Ltd.; and Satellite Chemical Co., Ltd. among others.

• In August 2021, LG Chem claimed in South Korea that it had mass-produced the first "Bio-balanced" SAP (Super Absorbent Polymer) in history, which has been certified internationally by International Sustainability & Carbon Certification (ISCC) Plus and has begun exporting its first product. The ISCC, awarded its ISCC Plus accreditation to SAP. Moreover, it is the first instance of the environmentally friendly integrated brand "LETZero," which LG Chem recently introduced, being used. SAP was transferred from the Yeosu Plant to 'Baby Life,' an LG Chem client in Jordan, where it will be utilized for diaper manufacturing and other purposes.
  
  
• In August 2022, Satellite Chemical Co., Ltd. announced the start of operation of the Lianyungang Petrochemical olefin comprehensive utilization project. The company has invested over CNY 33.5 billion in this project. Through this project, the company aims to generate sufficient raw materials that support the construction of new energy, new polymers, and functional chemicals.
  
  

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com