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Biodegradable Superabsorbent Materials Market Size

Report ID: GMI499
Published Date: Mar 2023
Report Format: PDF

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Biodegradable Superabsorbent Materials Market Size

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

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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.

Biodegradable Superabsorbent Materials Market Report Attributes
Report Attribute	Details
Base Year:	2022
Biodegradable Superabsorbent Materials Market Size in 2022:	USD 175 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5%
2032 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:	Positive outlook on biodegradable polymers Increasing penetration in agriculture & medical applications
Pitfalls & Challenges:	High production cost Lack of appropriate development policies

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High production costs might impede biodegradable superabsorbent materials market growth

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

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.

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.

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.