Biodegradable Superabsorbent Materials Market
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Biodegradable Superabsorbent Materials Market size valued at USD 174 million in 2022 and is poised to observe nearly 5% CAGR from 2023 to 2032. Strong demand for baby diapers/disposable diapers will influence business trends.
Increasing urbanization and strong product penetration in agriculture & medical applications will drive market growth. According to a UN report, the world population is expected to reach 9.8 billion by 2050. Rapid growth in the urban population will put major pressure on the environment, threatening food security and environmental sustainability.
To meet growing consumer demand, the agricultural sector is looking to maximize land & water productivity by adopting efficient and sustainable farming materials like biodegradable superabsorbent materials. Superabsorbent polymers (SAPs) are one such material that is widely used in the agricultural field to enhance water use efficiency as well as to control the release of fertilizers.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Biodegradable Superabsorbent Materials Market size in 2022: | USD 175 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 - 2032 CAGR: | 5 |
| 2023 Value Projection: | USD 305 Million |
| Historical Data for: | 2018 to 2022 |
| No of Pages: | 200 |
| Tables, Charts & Figures: | 358 |
| Segments Covered: | Product, Aplication, and Region |
| Growth Drivers: |
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| Pitfalls Challenges: |
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As the technology is in its nascent stage, the cost of producing biodegradable polymers is currently high. Biodegradable polymers are more expensive than fossil fuel polymers such as polyethylene terephthalate (PET), polystyrene, and polyethylene. Apart from its high cost, the unavailability of composting infrastructure is likely to be another factor that could impact the adoption of biodegradable polymers.
Biodegradable superabsorbent materials market from the polyvinyl alcohol segment is set to record a growth rate of above 5% up to 2032. Polyvinyl alcohol is a petroleum-derived biodegradable polymer that has found its use in a slew of applications such as the preparation of glue thickeners, polyvinyl butyral, textile sizing, and paper coatings. It is widely used because of its solubility in water and is easily biodegraded by microorganisms as well as enzymes. Polyvinyl alcohol is also majorly used as a biodegradable plastic sheet in feminine hygiene and adult incontinence products.
Based on application, the biodegradable superabsorbent materials market from the disposable diapers segment is anticipated to cross USD 220 million by 2032. This growth will be credited to the rising infant population and higher consumer spending on baby hygiene products across developing countries. Concerns over environmental pollution and the introduction of new regulatory policies that aim at controlling municipal and industrial waste generation will motivate industry manufacturers to focus on producing biodegradable products.
Europe Biodegradable superabsorbent materials market is slated to register around 5% CAGR between 2023 to 2032. Consumers in the region have become increasingly conscious of the benefits of using eco-friendly products and the impacts it has on the environment and climate. This has led to an increase in the demand for biodegradable superabsorbent polymers across European countries. Many consumers are willing to pay extra to attain biodegradable products. Efforts to promote green technology and consumer affordability to purchase natural products are estimated to be some other factors that will influence the regional industry growth.
are some of the leading companies operating in the biodegradable superabsorbent materials industry.
The COVID-19 pandemic led to unknown changes in the supply chain which had an influence on the biodegradable superabsorbent materials industry. Businesses are now making efforts to secure and sustain their supply networks by entering into supply chain agreements with dealers and distributors. As manufacturers attempt to use new methods to obtain a competitive edge and boost their profit margins, it is predicted that competition is forecast to increase in the market.
By Product
By Application
The above information is provided on a regional and country basis for the following:
Zschimmer & Schwarz, Excel Industries Limited, Lubrizol, CP Kelco, SNF Group, Chinafloc, Powder pack chem, Nueor chemical, Manhar Specialities, Coloplast A/S, SNI Solutions, SkyQuest Technology Group are some of the leading providers of biodegradable superabsorbent materials.
Europe market for biodegradable superabsorbent materials is slated to record over 5% growth rate between 2023 to 2032 on the back of growing consumer consciousness regarding the benefits of using eco-friendly products.
The market size of biodegradable superabsorbent materials crossed USD 174 million in 2022 and is poised to observe more than 5% CAGR from 2023 to 2032.
The disposable diapers segment is anticipated to account for over USD 220 million by 2032 credited to factors like the rising infant population and higher consumer spending on baby hygiene products.