Nippon Shokubai (Japan) and Chase Corporation (US) are Leading players in the Specialty Super Absorbent Polymer Market
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. The market growth is driven by various factors, including the significant demand from construction and packaging industry.
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.
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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.
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.
Related Reports:
Specialty Super Absorbent Polymer Market by Type, Material (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, Bio-Based Sap), End-Use Industry (Agriculture & Horticulture, Industrial, Construction), & Region - Global Forecast to 2029
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