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India Superabsorbent Polymer Market

India Superabsorbent Polymer Market

India Superabsorbent Polymer Market, By Raw Material (Sodium Polyacrylate, Potassium Polyacrylate, Polyacrylamide Copolymer, Ethylene Maleic Anhydride Copolymer, Polysaccharides); By Application (Disposable Diapers, Adult Incontinence Products, Feminine Hygiene Products, Agriculture Products); By Sales Channel (Direct Sales, Distributor Sales); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

  • Published Date: May 2024
  • Report ID: BWC24329
  • Available Format: PDF
  • Page: 200

Report Overview

The growing demand for personal hygiene products, expansion of agriculture applications, and rising awareness of eco-friendly hygiene products are expected to drive the India Superabsorbent Polymer Market during the forecast period between 2024 and 2030.

India Superabsorbent Polymer Market – Industry Trends & Forecast Report, 2030

The India Superabsorbent Polymer Market size by value was estimated at USD 673.11 million in 2023. During the forecast period between 2024 and 2030, the India Superabsorbent Polymer Market size is projected to grow at a CAGR of 7.23% reaching a value of USD 890.16 million by 2030. Prominent drivers of the market are the increasing demand for eco-friendly hygiene products and a rising child population. The versatile applications of Superabsorbent Polymers, including agriculture, packaging, and medical sectors, are fueled by heightened awareness of their exceptional water-absorbing properties.

India Superabsorbent Polymer Market

By volume, the India Superabsorbent Polymer Market size was estimated at 50.8 thousand tons in 2023. During the forecast period between 2024 and 2030, the India Superabsorbent Polymer Market size is projected to grow at a CAGR of 7.01% reaching the volume of 61.2 thousand tons by 2030. Superabsorbent polymer witnesses 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 segment.

Superabsorbent Polymer – Overview

Superabsorbent Polymers (SAP) are synthesized through the polymerization of acrylic acid and Sodium Hydroxide, forming poly-Acrylic Acid Sodium salt with a cross-linked structure. Widely utilized in infant diapers, incontinence products, and feminine hygiene pads, SAP's liquid-absorbing capability offers numerous advantages such as skin protection, dryness maintenance, and infection prevention. Particularly in India, the market for SAP expands due to its ability to enhance comfort in female hygiene products for extended periods. Given the risks associated with cotton-based hygiene items like infections and vaginal cancer, SAP emerges as a superior alternative, reinforcing its significance in the market.

India Superabsorbent Polymer Market

Growth Drivers

Growing Demand for Personal Hygiene Products

The versatile properties of superabsorbent polymers meet the increasing demand for personal hygiene products. With exceptional liquid absorption and retention abilities, these polymers are integral to items like infant diapers, feminine hygiene pads, and adult incontinence products. Furthermore, their capacity to release water vapor makes them ideal for humidity-controlling products and soil conditioners. The controlled release of water-soluble substances also enables their use in pharmaceuticals and fertilizers. Additionally, their rubbery nature enhances the consistency of cosmetics and concrete, as well as providing comfort in hot or cold packs for sore muscles. This versatility underscores their significance in meeting the growing demand for effective personal hygiene solutions.

Rising Awareness about Eco-friendly Hygiene Products

Superabsorbent polymers are increasingly recognized for their role in promoting eco-friendly hygiene products. Their incorporation into disposable items such as infant diapers and feminine hygiene pads helps reduce environmental impact by offering efficient liquid absorption and retention. Moreover, their ability to slowly release water vapor and control soil moisture contributes to sustainable agriculture practices. By facilitating the controlled release of water-soluble substances, they support environmentally friendly solutions in pharmaceuticals and fertilizers. Additionally, their rubbery properties enhance the comfort and effectiveness of various products while minimizing ecological footprint. As awareness of environmental concerns grows, the demand for such eco-friendly hygiene products continues to rise, further emphasizing the importance of superabsorbent polymers.

Challenges

Volatile Raw Material Prices

Volatile raw material prices pose a significant constraint on the India Superabsorbent Polymers market. Fluctuations in the prices of key materials used in polymer production, such as acrylic acid and sodium hydroxide, impact manufacturing costs and product pricing. These price instabilities can disrupt supply chains, leading to uncertainty for manufacturers and buyers alike. Consequently, market growth may be hindered as companies face challenges in maintaining competitiveness and profitability. Strategies to mitigate these effects, such as securing long-term supply agreements or investing in alternative raw materials, are essential for navigating this volatile landscape and sustaining market growth.

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 innovation, 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 Share

India Superabsorbent Polymer Market – By Application

Based on application, the India Superabsorbent Polymer Market is divided into Disposable Diapers, Adult Incontinence Products, Feminine Hygiene Products, and Agriculture Products segments. The disposable diapers segment holds the highest share in the India Superabsorbent Polymer Market by application. It can be attributed to the widespread usage of superabsorbent polymers in manufacturing disposable diapers due to their exceptional liquid absorption and retention properties. The convenience and hygiene offered by disposable diapers make them immensely popular among parents, driving consistent demand for superabsorbent polymers. Additionally, advancements in diaper technology aimed at enhancing absorbency and comfort further bolster the market share of this segment, reinforcing its leading position in the Indian market. Meanwhile, the feminine hygiene and adult incontinence products segments are expected to witness the fastest growth rate during the forecast period. It is primarily driven by rising awareness about personal hygiene and healthcare among women and the elderly. Notably, changing lifestyles and a preference for convenient and comfortable hygiene solutions contribute to increased adoption of products like sanitary pads and adult incontinence pads. Innovations in product design and materials further support growth in these segments.

India Superabsorbent Polymer Market Size

India Superabsorbent Polymer Market – By Sales Channel

Based on sales channel, the India Superabsorbent Polymer Market is bifurcated into Direct Sales and Distributor Sales segments.

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. 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 FY 2026, 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

Major players operating in 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. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Recent Developments

  • In June 2023 - IIT Delhi researchers developed Celligo BioSAP, a biodegradable insert for sanitary pads. Addressing the environmental impact of traditional pads, the innovative material utilizes natural materials to replace non-biodegradable polymers. These biodegradable inserts, seven times more absorbent than regular pads, are said to offer a sustainable alternative without compromising performance. With efforts to raise awareness and facilitate adoption among manufacturers, Celligo aims to reduce menstrual waste and promote eco-friendly menstruation practices nationwide.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2030

Base Year – 2023

Estimated Year – 2024

Forecast Period – 2024–2030

Facts Covered

By Value - USD Million

By Volume - Thousand Tons

Market Coverage

India 

Product/ Service Segmentation

Raw Material, Application, Sales Channel, Region

Key Players

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, ExxonMobil Chemical

 

By Raw Material

  • Sodium Polyacrylate

  • Potassium Polyacrylate

  • Polyacrylamide Copolymer

  • Ethylene Maleic Anhydride Copolymer

  • Polysaccharides

By Application

  • Disposable Diapers

  • Adult Incontinence Products

  • Feminine Hygiene Products

  • Agriculture Products

By Sales Channel

  • Direct Sales

  • Distributor Sales

By Region

  • North India

  • South India

  • East India

  • West India

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. India Superabsorbent Polymer Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing Demand for Personal Hygiene Products
        2. Expansion of Agriculture Applications
        3. Rising Awareness of Eco-friendly Hygiene Products
      2. Restraints
        1. Dependence on Imports
        2. Volatile Raw Material Prices
        3. Limited Domestic Production Capacity
      3. Opportunities
        1. Innovation in Biodegradable SAP
        2. Expansion into New Applications
        3. Focus on Rural Markets
      4. Challenges
        1. Stringent Regulations
        2. Lack of Awareness in Agriculture
    3. Technological Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. India Superabsorbent Polymer Market: Marketing Strategies
  5. India Superabsorbent Polymer Market Overview
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share & Forecast
      1. By Raw Material
        1. Sodium Polyacrylate
        2. Potassium Polyacrylate
        3. Polyacrylamide Copolymer
        4. Ethylene Maleic Anhydride Copolymer
        5. Polysaccharides
        6. Others
      2. By Application
        1. Disposable diapers
        2. Adult Incontinence Products
        3. Feminine Hygiene Products
        4. Agriculture Products
        5. Others
      3. By Sales Channel
        1. Direct Sales
        2. Distributor Sales
        3. Others
      4. By Region
        1. North India
        2. South India
        3. East India
        4. West India
  6. North India Superabsorbent Polymer Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share & Forecast
      1. By Raw Material
      2. By Application
      3. By Sales Channel
  7. South India Superabsorbent Polymer Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share & Forecast
      1. By Raw Material
      2. By Application
      3. By Sales Channel
  8. East India Superabsorbent Polymer Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share & Forecast
      1. By Raw Material
      2. By Application
      3. By Sales Channel
  9. West India Superabsorbent Polymer Market
    1. Market Size & Forecast, 2019–2030
      1. By Value (USD Million)
      2. By Volume (Thousand Tons)
    2. Market Share & Forecast
      1. By Raw Material
      2. By Application
      3. By Sales Channel
  10. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. India Superabsorbent Polymer Company Market Share Analysis, 2023
    3. Competitive Benchmarking, By Operating Parameters
    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)
    1. LG Chem
    2. BASF India
    3. Sumitomo Seika Chemicals
    4. Yixing Danson Technology
    5. Nippon Shokubai
    6. Evonik Industries
    7. SAPCO (Super Absorbent Polymer Corporation)
    8. Sanyo Chemical Industries
    9. Aicello
    10. Formosa Plastics Corporation
    11. Kao Corporation
    12. SDP Global Co., Ltd
    13. Quanzhou BLD Science Technology Co., Ltd
    14. Sinopec
    15. ExxonMobil Chemical
    16. Other Prominent Players
  13. Key Strategic Recommendations
  14. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    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

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: The India Superabsorbent Polymer Market size by value was estimated at USD 673.11 million in 2023.
Ans: The India Superabsorbent Polymer Market by value is expected to grow at a CAGR of 7.23% during the forecast period between 2024 and 2030.
Ans: The India Superabsorbent Polymer Market size is forecast to reach a value of USD 890.16 million by 2030.
Ans: The growth of the India Superabsorbent Polymer Market is primarily driven by the growing demand for personal hygiene products, expansion of agriculture applications, and rising awareness of eco-friendly hygiene products.
Ans: The India Superabsorbent Polymer Market size by volume was estimated at 50.8 Thousand tons in 2023.
Ans: By Volume, the India Superabsorbent Polymer Market size is expected to grow at a CAGR of 7.01% during the forecast period between 2024 and 2030.
Ans: The India Superabsorbent Polymer Market size by volume is forecast to reach 61.2 Thousand tons by 2030.
Ans: Key players in 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.
Ans: The sodium polyacrylate segment holds a major share in the India Superabsorbent Polymer Market by raw material.
Ans: The disposable diapers segment is expected to grow at the highest CAGR in the India Superabsorbent Polymer Market during the forecast period between 2024 and 2030.
Ans: West India holds the highest market share in the India Superabsorbent Polymer Market.