A recent report published by
Infinium Global Research on the biodegradable super absorbent material market
provides an in-depth analysis of segments and sub-segments in the global as well
as regional biodegradable super absorbent material market. The study also
highlights the impact of drivers, restraints, and macro indicators on the
global and regional biodegradable super absorbent material market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global biodegradable super absorbent
material market. According to the report, the global biodegradable super
absorbent material market is projected to grow at a CAGR of nearly 7% over the
forecast period of 2022-2028.
The global biodegradable super absorbent material market was valued at around USD about 145 billion in 2022 and is expected to reach USD nearly 215 billion in 2028, with a CAGR of nearly 7% during the forecast period. Biocompatible and biodegradable polymers include biodegradable super absorbent polymers. These are produced utilizing a mix of synthetic and renewable elements. Compared to their own mass, super-absorbent polymers absorb and hold onto vast amounts of liquid. Chitin, succinic anhydride, and cassava starch g-acrylamide are a few examples of natural raw ingredients that constitute the foundation of biodegradable super absorbent polymers. With cross-linked polyelectrolyte structures that can absorb almost a thousand times their own mass, this material possesses a greater molecular mass. Super absorbent polymers are widely used in personal hygiene items such as infant diapers, adult diapers, and sanitary napkins. Super absorbent biodegradable polymers are environmentally friendly and secure.
The use of super absorbent
polymers is growing as a result of an aging population as well as greater
public knowledge of the advantages and practicality of adult incontinence
solutions. Governments from different countries are working with manufacturers
and medical experts to prioritize the manufacturing of incontinence products as
the prevalence of adult incontinence rises. Government initiatives that promote
the use of adult incontinence products are in place in a number of nations,
including the United States, the United Kingdom, Germany, and Australia.
Furthermore, a sizable older population in nations like Japan, Italy, Finland,
and Greece, among others, increases adult diaper market penetration in these
countries, speeding up market expansion. Due to high rates of product
penetration, the diaper market is mature in developed economies. Due to
declining birth rates and low fertility rates, it is anticipated that demand
for diapers in nations like the US and Japan will expand relatively slowly.
Diaper sales in various nations have decreased as a result of this. The market
for ultra-absorbent polymers is struggling to expand due to the drop in diaper
sales. Current market practices call for the use of non-biodegradable
traditional super-absorbent polymers, which contribute significantly to the
world's landfills. Therefore, it is anticipated that investments in the
development of highly absorbent polymers based on renewable resources will open
up new market opportunities.
In the past two to three years,
the market for biodegradable super absorbent material market has expanded.
However, a drop in the market is anticipated during the COVID-19 pandemic due
to the lockdowns imposed by many nations and the low manufacturing efficiency
brought on by workforce shortages. However, as COVID-19 instances increased
globally, the need for and supply of hygiene and medical products and remedies
increased. Wipes and diapers, which are in high demand in hospitals during the
epidemic, are frequently made using super absorbent polymers. However, the
global pandemic scenario has affected the demand and supply of highly absorbent
polymers due to the rise of other sectors outside of the medical sector.
In terms of revenue share in 2021,
Europe holds a significant market share in the biodegradable superabsorbent
market. The biggest market for biodegradable superabsorbent materials was in
Europe. Manufacturers have been forced to provide more cost-effective and
distinctive product offers as a result of high consumer demand. The baby diaper
market, which has seen tremendous expansion in recent years, is currently going
through major structural changes. During the projection period, it is
anticipated that the Asia Pacific market for biodegradable superabsorbent
materials would have considerable volume expansion at the highest CAGR. China,
Taiwan, South Korea, Japan, and India's personal care and hygiene industries
are presumably going to help the market. Leading personal care and hygiene
firms like Kimberly-Clark and P&G are expected to raise their investments,
which would boost demand throughout the projected period. The markets for
biodegradable superabsorbent materials are projected to benefit from the
personal care and hygiene industries in Taiwan, China, South Korea, India, and
Japan. Over the projection period, rising expenditures by top personal care and
hygiene firms like Kimberly-Clark and P&G are predicted to boost demand.
The report on the global biodegradable
super absorbent material market covers segments such as product type, and
end-use. On the basis of product type, the sub-markets include polyvinyl
alcohol, polyitaconic acid, polyacrylamide, and polysaccharides. On the basis
of end-use, the sub-markets include disposable diapers, adult incontinence
products, female hygiene, agriculture, medical, and others.
The report provides profiles of
the companies in the market such as BASF Corporation, Itaconix Corporation.,
Amereq, Inc., Valagro SpA, Ecovia Renewables Inc, JRM Chemical Inc., Ma's Group
Inc., SNF Group, ADM, and NIPPON SHOKUBAI CO., LTD.
The report provides deep insights
into demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the biodegradable super absorbent material market. Moreover, the study
highlights current market trends and provides forecast from 2022-2028. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings insight into the market share of the leading players.
Please Choose One of them.