PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1483697
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1483697
India Superabsorbent Polymer Market, By Raw Material; By Application; By Sales Channel; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Superabsorbent Polymer Market Size Booming at Significant CAGRs to Surpass USD 890.1 Million and 61,200 Tons by 2030
India Superabsorbent Polymer Market is flourishing due to the growing demand for personal hygiene products, expansion of agriculture applications, and rising awareness of eco-friendly hygiene products.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Superabsorbent Polymer Market size by value at USD 673.11 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Superabsorbent Polymer Market size to expand at a CAGR of 7.23% reaching a value of USD 890.16 million by 2030. The Superabsorbent Polymer market in India is propelled by the increasing demand for eco-friendly hygiene products. The versatile applications of superabsorbent polymers, including agriculture, packaging, and medical sectors, are fueled by heightened awareness about their exceptional water-absorbing properties. Also, the market sees a surge in demand for adult incontinence products due to advancing health standards and urbanization, along with growing awareness of urinary incontinence treatments. Concerns over traditional female hygiene products leading to health issues prompt a shift towards sanitary pads and tampons, leveraging the high fluid absorption capability of superabsorbent polymers. This trend is expected to significantly boost the market for superabsorbent polymers in India, particularly in the female hygiene products segment.
By volume, BlueWeave estimated the India Superabsorbent Polymer Market size at 50.8 thousand tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Superabsorbent Polymer Market size by volume is projected to grow at a CAGR of 7.01% reaching the volume of 61.2 thousand tons by 2030. Concerns over traditional female hygiene products leading to health issues prompt a shift towards sanitary pads and tampons, leveraging the high fluid absorption capability of superabsorbent polymers. This trend is expected to significantly boost the market for superabsorbent polymers in India, particularly in the female hygiene products segment.
Opportunity - Innovations in biodegradable superabsorbent polymers
In the current market, traditional superabsorbent polymers pose environmental challenges due to their non-biodegradable nature, contributing significantly to global landfill waste. As a result, there is growing interest and investment in developing superabsorbent polymers sourced from renewable materials. These eco-friendly alternatives offer promising market opportunities worldwide, providing substitutes for petrochemical-based polymers like sodium polyacrylate and potassium polyacrylate commonly found in disposable diapers and personal hygiene products. This shift towards renewable sources aligns with sustainability goals and addresses concerns about environmental impact.
Impact of Escalating Geopolitical Tensions on India Superabsorbent Polymer Market
Geopolitical tensions can have a multifaceted impact on the India Superabsorbent Polymer Market. Uncertainty stemming from political instability or conflicts can disrupt supply chains, affecting the availability of raw materials and increasing production costs. Moreover, heightened tensions may lead to trade barriers or sanctions, further complicating market dynamics. Investor confidence may wane in such environments, dampening market growth and potentially deterring foreign investment. Additionally, geopolitical risks can contribute to currency fluctuations and economic volatility, influencing consumer spending patterns. To mitigate these impacts, market players may need to adopt flexible strategies, diversify supply sources, and closely monitor geopolitical developments to adapt promptly to changing conditions.
India Superabsorbent Polymer Market
Segmental Coverage
India Superabsorbent Polymer Market - By Raw Material
By raw material, the India Superabsorbent Polymer Market is divided into Sodium Polyacrylate, Potassium Polyacrylate, Polyacrylamide Copolymer, Ethylene Maleic Anhydride Copolymer, and Polysaccharides segments. The sodium polyacrylate segment holds the highest share in the India Superabsorbent Polymer Market by raw material. Sodium polyacrylates, serving as super-absorbent polymers, find versatile applications across various industries such as sanitation, consumer goods, electrical & electronics, building & construction, and industrial sectors. They function as binding agents, emulsion stabilizers, coatings, viscosity controllers, and film formers. With a growing emphasis on technological advancements and innovations, opportunities abound for manufacturers to diversify and enhance their sodium polyacrylate product offerings, thereby expanding their market presence and meeting evolving industry demands.
India Superabsorbent Polymer Market - By Region
Geographically, the India Superabsorbent Polymer Market is divided into North India, South India, East India, and West India regions. The West India region holds the highest share in the India Superabsorbent Polymer Market. Personal hygiene products and baby diapers play a central role in driving market growth nationwide. Currently, India lacks domestic production of Super Absorbent Polymer (SAP), relying entirely on imports to meet demand. SAP, primarily derived from acrylic acid, is set to witness domestic production with BPCL's initiative to commission a 50 KTPA plant at Kochi refinery. Expected to be operational by FY2026, this move marks a significant step towards domestic SAP production, potentially reducing dependency on imports and bolstering the nation's self-sufficiency in meeting market demands.
Competitive Landscape
The India Superabsorbent Polymer Market is fragmented, with numerous players serving the market. The key players dominating the India Superabsorbent Polymer Market include LG Chem, BASF India, Sumitomo Seika Chemicals, Yixing Danson Technology, Nippon Shokubai, Evonik Industries, SAPCO (Super Absorbent Polymer Corporation), Sanyo Chemical Industries, Aicello, Formosa Plastics Corporation, Kao Corporation, SDP Global Co., Ltd, Quanzhou BLD Science Technology Co., Ltd, Sinopec, and ExxonMobil Chemical. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Superabsorbent Polymer Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Superabsorbent Polymer Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Superabsorbent Polymer Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing Demand for Personal Hygiene Products
- 3.2.1.2. Expansion of Agriculture Applications
- 3.2.1.3. Rising Awareness of Eco-friendly Hygiene Products
- 3.2.2. Restraints
- 3.2.2.1. Dependence on Imports
- 3.2.2.2. Volatile Raw Material Prices
- 3.2.2.3. Limited Domestic Production Capacity
- 3.2.3. Opportunities
- 3.2.3.1. Innovation in Biodegradable SAP
- 3.2.3.2. Expansion into New Applications
- 3.2.3.3. Focus on Rural Markets
- 3.2.4. Challenges
- 3.2.4.1. Stringent Regulations
- 3.2.4.2. Lack of Awareness in Agriculture
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Superabsorbent Polymer Market: Marketing Strategies
5. India Superabsorbent Polymer Market Overview
- 5.1. Market Size & Forecast, 2019-2030
- 5.1.1. By Value (USD Million)
- 5.1.2. By Volume (Thousand Tons)
- 5.2. Market Share & Forecast
- 5.2.1. By Raw Material
- 5.2.1.1. Sodium Polyacrylate
- 5.2.1.2. Potassium Polyacrylate
- 5.2.1.3. Polyacrylamide Copolymer
- 5.2.1.4. Ethylene Maleic Anhydride Copolymer
- 5.2.1.5. Polysaccharides
- 5.2.1.6. Others
- 5.2.2. By Application
- 5.2.2.1. Disposable diapers
- 5.2.2.2. Adult Incontinence Products
- 5.2.2.3. Feminine Hygiene Products
- 5.2.2.4. Agriculture Products
- 5.2.2.5. Others
- 5.2.3. By Sales Channel
- 5.2.3.1. Direct Sales
- 5.2.3.2. Distributor Sales
- 5.2.3.3. Others
- 5.2.4. By Region
- 5.2.4.1. North India
- 5.2.4.2. South India
- 5.2.4.3. East India
- 5.2.4.4. West India
- 5.2.1. By Raw Material
6. North India Superabsorbent Polymer Market
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.1.2. By Volume (Thousand Tons)
- 6.2. Market Share & Forecast
- 6.2.1. By Raw Material
- 6.2.2. By Application
- 6.2.3. By Sales Channel
7. South India Superabsorbent Polymer Market
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.1.2. By Volume (Thousand Tons)
- 7.2. Market Share & Forecast
- 7.2.1. By Raw Material
- 7.2.2. By Application
- 7.2.3. By Sales Channel
8. East India Superabsorbent Polymer Market
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.1.2. By Volume (Thousand Tons)
- 8.2. Market Share & Forecast
- 8.2.1. By Raw Material
- 8.2.2. By Application
- 8.2.3. By Sales Channel
9. West India Superabsorbent Polymer Market
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.1.2. By Volume (Thousand Tons)
- 9.2. Market Share & Forecast
- 9.2.1. By Raw Material
- 9.2.2. By Application
- 9.2.3. By Sales Channel
10. Competitive Landscape
- 10.1. List of Key Players and Their Offerings
- 10.2. India Superabsorbent Polymer Company Market Share Analysis, 2023
- 10.3. Competitive Benchmarking, By Operating Parameters
- 10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
11. Impact of Escalating Geopolitical Tensions on India Superabsorbent Polymer Market
12. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 12.1. LG Chem
- 12.2. BASF India
- 12.3. Sumitomo Seika Chemicals
- 12.4. Yixing Danson Technology
- 12.5. Nippon Shokubai
- 12.6. Evonik Industries
- 12.7. SAPCO (Super Absorbent Polymer Corporation)
- 12.8. Sanyo Chemical Industries
- 12.9. Aicello
- 12.10. Formosa Plastics Corporation
- 12.11. Kao Corporation
- 12.12. SDP Global Co., Ltd
- 12.13. Quanzhou BLD Science Technology Co., Ltd
- 12.14. Sinopec
- 12.15. ExxonMobil Chemical
- 12.16. Other Prominent Players
13. Key Strategic Recommendations
14. Research Methodology
- 14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
- 14.2. Quantitative Research
- 14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
- 14.4. Breakdown of Primary Research Respondents, By Region
- 14.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 India Superabsorbent Polymer Segmentation
- Figure 2 India Superabsorbent Polymer Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Figure 5 India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 6 India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Figure 7 India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Figure 8 India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Figure 9 India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Figure 10 India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Figure 11 India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 12 India Superabsorbent Polymer Market Share, By Region, By Value, 2019-2030
- Figure 13 India Superabsorbent Polymer Market Share, By Region, By Volume, 2019-2030
- Figure 14 North India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Figure 15 North India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 16 North India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Figure 17 North India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Figure 18 North India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Figure 19 North India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Figure 20 North India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Figure 21 North India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 22 South India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Figure 23 South India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 24 South India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Figure 25 South India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Figure 26 South India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Figure 27 South India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Figure 28 South India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Figure 29 South India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 30 East India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Figure 31 East India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 32 East India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Figure 33 East India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Figure 34 East India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Figure 35 East India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Figure 36 East India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Figure 37 East India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Figure 38 West India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Figure 39 West India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Figure 40 West India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Figure 41 West India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Figure 42 West India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Figure 43 West India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Figure 44 West India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Figure 45 West India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
List of Tables
- Table 1 India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Table 2 India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Table 3 India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Table 4 India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Table 5 India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Table 6 India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Table 7 India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Table 8 India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Table 9 India Superabsorbent Polymer Market Share, By Region, By Value, 2019-2030
- Table 10 India Superabsorbent Polymer Market Share, By Region, By Volume, 2019-2030
- Table 11 North India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Table 12 North India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Table 13 North India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Table 14 North India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Table 15 North India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Table 16 North India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Table 17 North India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Table 18 North India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Table 19 South India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Table 20 South India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Table 21 South India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Table 22 South India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Table 23 South India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Table 24 South India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Table 25 South India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Table 26 South India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Table 27 East India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Table 28 East India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Table 29 East India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Table 30 East India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Table 31 East India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Table 32 East India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Table 33 East India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Table 34 East India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Table 35 West India Superabsorbent Polymer Market Size, By Value (USD Million), 2019-2030
- Table 36 West India Superabsorbent Polymer Market Size, By Volume (Thousand Tons), 2019-2030
- Table 37 West India Superabsorbent Polymer Market Share, By Raw Material, By Value, 2019-2030
- Table 38 West India Superabsorbent Polymer Market Share, By Raw Material, By Volume, 2019-2030
- Table 39 West India Superabsorbent Polymer Market Share, By Application, By Value, 2019-2030
- Table 40 West India Superabsorbent Polymer Market Share, By Application, By Volume, 2019-2030
- Table 41 West India Superabsorbent Polymer Market Share, By Sales Channel, By Value, 2019-2030
- Table 42 West India Superabsorbent Polymer Market Share, By Sales Channel, By Volume, 2019-2030
- Table 43 LG Chem Company Overview
- Table 44 LG Chem Financial Overview
- Table 45 BASF India Company Overview
- Table 46 BASF India Financial Overview
- Table 47 Sumitomo Seika Chemicals Company Overview
- Table 48 Sumitomo Seika Chemicals Financial Overview
- Table 49 Yixing Danson Technology Company Overview
- Table 50 Yixing Danson Technology Financial Overview
- Table 51 Nippon Shokubai Company Overview
- Table 52 Nippon Shokubai Financial Overview
- Table 53 Evonik Industries Company Overview
- Table 54 Evonik Industries Financial Overview
- Table 55 SAPCO (Super Absorbent Polymer Corporation) Company Overview
- Table 56 SAPCO (Super Absorbent Polymer Corporation) Financial Overview
- Table 57 Sanyo Chemical Industries Company Overview
- Table 58 Sanyo Chemical Industries Financial Overview
- Table 59 Aicello Company Overview
- Table 60 Aicello Financial Overview
- Table 61 Formosa Plastics Corporation Company Overview
- Table 62 Formosa Plastics Corporation Financial Overview
- Table 63 Kao Corporation Company Overview
- Table 64 Kao Corporation Financial Overview
- Table 65 SDP Global Co., Ltd Company Overview
- Table 66 SDP Global Co., Ltd Financial Overview
- Table 67 Quanzhou BLD Science Technology Co., Ltd Company Overview
- Table 68 Quanzhou BLD Science Technology Co., Ltd Financial Overview
- Table 69 Sinopec Company Overview
- Table 70 Sinopec Financial Overview
- Table 71 ExxonMobil Chemical Company Overview
- Table 72 ExxonMobil Chemical Financial Overview
- Table 73 Other Prominent Players Company Overview
- Table 74 Other Prominent Players Financial Overview
