USD 130 million
Biodegradable Superabsorbent Materials Market Size, Share, Growth Analysis, By By Product(Polyvinyl Alcohol, Polyitaconic Acid, Polyacrylamide, and Polysaccharides), By By Application(Disposable diapers, Adult incontinence products, Female hygiene, Agriculture), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15A2361 |
Region:
Global |
Published Date: April, 2024
Pages:
184
|Tables:
67
|Figures:
80
Biodegradable Superabsorbent Materials Market Insights
Global Biodegradable Superabsorbent Materials Market size was valued at USD 130 million in 2022 and is poised to grow from USD 140.4 million in 2023 to USD 259.87 million by 2031, at a CAGR of 8.00% during the forecast period (2024-2031).
High focus on sustainability and growing demand for eco-friendly products is boosting biodegradable superabsorbent materials market growth around the world. Demand for biodegradable superabsorbent materials ranges from a wide array of industries such as packaging, agriculture, hygiene products, etc. Increasing consumer awareness regarding environment conservation is creating a lucrative backdrop for biodegradable superabsorbent material companies to expand their business.
Conventionally, superabsorbent materials have been non-biodegradable, which has led them to contribute to piling waste in landfills and cause environmental degradation, but this is changing as companies are now coming up with biodegradable superabsorbent materials to comply with modern sustainability mandates and changing consumer preferences. Natural polymers such as cellulose, starch, or polyvinyl alcohol are being extensively used to produce biodegradable superabsorbent materials.
Material manufacturers around the world are continually investing in product innovation and this is projected to lead to the development of novel biodegradable superabsorbent materials that are sustainable, affordable, and highly absorbent. The growing geriatric population is driving up the demand for adult incontinence products, which is also slated to boost demand for biodegradable superabsorbent materials in the long run.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Polysaccharides
Fastest Growth
Polysaccharides
Growth Rate
8.00% CAGR
Global Biodegradable Superabsorbent Materials Market ($ Bn)
Country Share North America for Region (%)
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Biodegradable Superabsorbent Materials Market Segmental Analysis
The global biodegradable superabsorbent materials market is segmented based on product, application, and region. In terms of Product, the market is bifurcated into Polyvinyl Alcohol, Polyitaconic Acid, Polyacrylamide, Polysaccharides. Based on Application, the market is segmented into Disposable diapers, Adult incontinence products, Female hygiene, Agriculture, Medical, and Others. On a regional level, the market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis By Product
Polysaccharides account for a sizeable share of the global biodegradable superabsorbent materials market. These are natural polymers derived from natural sources such as cellulose, starch, etc. Biodegradable superabsorbent materials made from polysaccharides are completely biodegradable and also capable of absorbing liquids of huge amounts. Increasing incorporation of sustainable materials in product manufacturing across different industry verticals is forecasted to favor growth in this segment over the coming years.
Polyvinyl Alcohol (PVA) is estimated to emerge as the fastest-growing segment in the global biodegradable superabsorbent materials market going forward. biodegradable superabsorbent materials made from polyvinyl alcohol are highly versatile and suitable for use in different applications such as water treatment, packaging, agriculture, etc. High water absorption capabilities and biodegradability of PVA-based superabsorbents are what make them a preferred choice among different industry verticals and drive up their sales on a global level. High demand for eco-friendly water retention and absorbing materials will also boost demand for polyvinyl alcohol in the long run.
Analysis By Application
Disposable diapers account for the highest demand for biodegradable superabsorbent materials of all applications at present. Surging use of disposable diapers by babies around the world is slated to contribute to the high market share of this application. Growing disposable income and changing living standards of people around the world are boosting the demand for disposable diapers around the world. Focus on landfill waste reduction and implementation of strict laws to reduce waste generation are favoring the demand for biodegradable diapers and thereby boosting the adoption of biodegradable superabsorbent materials in the manufacturing of the same.
Use of biodegradable superabsorbent materials for making adult incontinence products is projected to increase at a notable pace across the forecast period. The rising senescent population around the world is estimated to catalyze the demand for biodegradable adult incontinence products thereby favoring biodegradable superabsorbent materials sales as well. High availability and rising awareness of adult incontinence products coupled with a growing focus on sustainability are predicted to create new opportunities for biodegradable superabsorbent material suppliers over the coming years.
Global Biodegradable Superabsorbent Materials Market By Product
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Biodegradable Superabsorbent Materials Market Regional Insights
Demand for biodegradable superabsorbent materials in North America accounts for a dominant share of the global market at present. The dominance can directly be attributed to the high focus on sustainability and the rising use of biodegradable materials in different products. Canada and the United States are forecasted to be the top markets for biodegradable superabsorbent material companies in this region. High investments in research and development of novel biodegradable materials are also slated to favor market growth in this region going forward. Government support for the research of sustainable materials also creates an opportunistic scenario for biodegradable superabsorbent material manufacturers.
Asia Pacific region is predicted to become the fastest-growing regional market in the world and this can be directly linked to the rapidly expanding population in this region. Rising focus on sustainability and growing disposable income are also estimated to contribute to the biodegradable superabsorbent materials market growth in this region going forward. India and China are forecasted to be the top markets for biodegradable superabsorbent material suppliers looking to make a mark in the Asia Pacific region across the forecast period and beyond. The high use of superabsorbent materials in agriculture and the production of incontinence products for children and adults is also slated to augment biodegradable superabsorbent materials market growth in the long run. Robust manufacturing activity coupled with high demand for sustainable materials also offers an opportune scenario for biodegradable superabsorbent material vendors in this region. Rising emphasis on waste reduction and improving biodegradability of products will also favor biodegradable superabsorbent materials market development going forward.
Global Biodegradable Superabsorbent Materials Market By Geography
- Largest
- Fastest
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Biodegradable Superabsorbent Materials Market Dynamics
Drivers
Environmental Sustainability Initiatives:
- Focus on sustainability has increased on a global level and this has resulted in high demand for reduction of plastic waste, which in turn is favoring sales of biodegradable materials. The imposition of stringent mandates to uphold sustainability in all industry verticals will boost demand for biodegradable superabsorbent materials in the long run. Disposable adult and baby diapers, feminine hygiene products, and other personal care products are slated to boost biodegradable superabsorbent materials demand outlook in the future.
Growing Agriculture and Horticulture Applications:
- Rising adoption of sustainable agriculture and horticulture practices around the world are predicted to favor sales of biodegradable superabsorbent materials as they play a crucial role in water retention and reduce water wastage. biodegradable superabsorbent materials are projected to be high in demand in water-scarce regions. Hence, growing demand for food around the world is also estimated to favor biodegradable superabsorbent materials demand outlook in the long run.
Restraints
Higher Cost of Production:
- Producing biodegradable superabsorbent materials on a massive scale is a capital-intensive task and results in an expensive end product as well. The high costs of biodegradable superabsorbent materials restrict manufacturers as well as users from opting for it and hurt global market growth potential. biodegradable superabsorbent material companies focusing on developing new manufacturing techniques to reduce costs and improve affordability going forward.
Limited Performance in Some Applications:
- Biodegradable superabsorbent materials have been near perfect for most applications but they still have some limitations as compared to their traditional counterparts. These limitations are mostly performance-related and companies are investing in research and development to overcome them but they are currently slowing down the overall market growth rate.
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Biodegradable Superabsorbent Materials Market Competitive Landscape
The surging focus on sustainability is creating the perfect backdrop for biodegradable superabsorbent materials business and this is what all companies can benefit from going forward. Biodegradable superabsorbent material manufacturers are continually investing in the research and development of novel sustainable materials to improve their sustainability and comply with modern regulations. Biodegradable superabsorbent materials market players are also focusing on expanding their production capacity to meet high demand from different industry verticals. Partnerships, collaborations, and acquisitions are predicted to be some of the key strategies that established as well as new biodegradable superabsorbent material companies will focus on over the coming years. Evolving consumer preferences for sustainable products are also slated to play in the hands of biodegradable superabsorbent material suppliers across the forecast period. Cost-effective and high-performance eco-friendly superabsorbent materials are forecasted to bring in the most revenue for any company in the long run.
Top Player’s Company Profile
- Archer Daniels Midland Company (USA)
- Yixing Danson Technology (China)
- Thrace Group (Greece)
- JRM Chemical, Inc. (USA)
- Sanyo Chemical Industries, Ltd. (Japan)
- Itaconix Corporation (USA)
- BASF SE (Germany)
- Zeon Corporation (Japan)
- TryEco LLC (USA)
- LG Chem (South Korea)
- Nippon Shokubai Co., Ltd. (Japan)
- Ecovative Design (USA)
- Sinomac Polymer Materials Co., Ltd. (China)
- Evonik Industries AG (Germany)
- ADMERNA GmbH (Germany)
- Shanghai Huayi Acrylic Acid Co., Ltd. (China)
- Guangdong Demaotong New Material Technology Co., Ltd. (China)
- Quanzhou BLD Science Technology Co., Ltd. (China)
- OAS AG (Switzerland)
- JRS RETTENMAIER & SÖHNE Group (Germany)
- SNF Group (France)
- Rettenmaier & Söhne GmbH + Co KG (Germany)
- TAIKI Group (Japan)
- Sumitomo Seika Chemicals Co., Ltd. (Japan)
- Exotech Bio Solutions Ltd. (Canada)
Recent Developments
- Biodegradable superabsorbent polymers (SAPs) designed for personal care products such as disposable diapers were launched by Lubrizol Corporation in June 2023. The newly launched polymers were designed to break down within 180 days.
- Exotech Bio Solutions Ltd., a key developer of biodegradable SAPs based in the United Kingdom was acquired by German chemicals giant BASF SE in July 2023. Through this acquisition BASF bolstered its sustainable product portfolio.
- A new range of biodegradable SAPs designed specifically for use in agricultural applications to improve water retention in soil was launched by ADM back in August 2023.
Biodegradable Superabsorbent Materials Key Market Trends
- Growing Environmental Concerns and Regulations: Global warming and climate change are global threats that are looming over the heads of every single person on the planet. Immediate action is required to ensure safety from extinction and governments around the world are implementing stringent laws to curb emissions and waste production that contributes to environmental degradation. High demand for biodegradable products and eco-friendly products is setting the perfect backdrop for biodegradable superabsorbent materials sales.
- Expanding Applications: Use of biodegradable superabsorbent materials is finding applications beyond conventional ones and this is slated to offer attractive new growth opportunities for market growth in the future. The growing use of biodegradable superabsorbent materials in different applications such as healthcare, packaging, agriculture etc. is slated to boost sales potential for biodegradable superabsorbent material suppliers in the long run. Increasing versatility of biodegradable superabsorbent materials will be crucial to future market development.
Biodegradable Superabsorbent Materials Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per our research, the global biodegradable superabsorbent materials market is slated to be driven on the back of rising focus on sustainability and high investments in the research and development of sustainable materials. Evolving consumer preferences and the imposition of stringent laws to ensure sustainability are promoting the demand for biodegradable superabsorbent materials on a global level. Disposable baby diapers, adult incontinence products, feminine hygiene products, and agricultural products are slated to be products where the use of biodegradable superabsorbent materials will rise significantly over the coming years. However, the high cost and performance limitations of biodegradable superabsorbent materials are forecasted to limit market growth in the future. North America is predicted to account for a sizable share of the global biodegradable superabsorbent materials marketplace and this can be directly linked to the presence of key biodegradable superabsorbent material suppliers and a high focus on sustainability. The United States will lead the biodegradable superabsorbent material demand outlook in North America through 2030. biodegradable superabsorbent material companies are focusing on expanding their production capacity to meet growing demand and are also investing in R&D to develop affordable products that meet high-performance requirements as well. The increasing scope of application for biodegradable superabsorbent materials is projected to open up new avenues of opportunities for market players in the long run.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 130 million |
| Market size value in 2031 | USD 259.87 million |
| Growth Rate | 8.00% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Biodegradable Superabsorbent Materials Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Biodegradable Superabsorbent Materials Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Biodegradable Superabsorbent Materials Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Biodegradable Superabsorbent Materials Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Biodegradable Superabsorbent Materials Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Biodegradable Superabsorbent Materials Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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