Biodegradable super absorbent materials can absorb and preserve extremely large amounts of a liquid relative to their own mass. Growing global demand for better-quality absorbent materials for body fluids in disposable medical and personal‐care has influenced the need for research and development of effective absorbent materials with additional benefits such as biodegradability or biomedical functions. Highly absorbing materials based on polyelectrolyte polymers can absorb up to 50 grams of body fluid per gram of dry mass. The Polyacrylamides (PAMs) are the polymer based material used for agriculture to control erosion and decrease soil sealing by binding soil particles, these type of polymer are also used as water treatment additive to remove deferred particles.
The global biodegradable super absorbent materials market was worth USD 137.1 million in 2017 and it is projected to reach USD 225.9 million in 2024, expanding at a CAGR of 7.55% between 2018 and 2024. Moreover, the market for biodegradable super absorbent materials in terms of volume is projected to grow from 46.35 kilo tons in 2017 to 66.44 kilo tons in 2024, expanding at a CAGR of 5.33% between 2018 and 2024.
The global market for biodegradable super absorbent materials is anticipated to grow on the backdrop of the growing usage of these materials in agriculture and adult incontinence products along with disposable diapers. Moreover, changing lifestyles and increasing birth rates in the emerging markets of Asia Pacific are likely to further drive the market for biodegradable super absorbent materials over the forecast period. On the other side lack of awareness about the biodegradable super absorbent materials is likely to one of the primary restraining factors over the next six years. Furthermore, the significant use of superabsorbent polymers of a synthetic group is likely to create more threats to the biodegradable super absorbent materials over the forecast period.
Growing usage of biodegradable super absorbent materials in agriculture sectors in markets of North America, Europe and increasing usage of these materials in adult incontinence products are likely to create more opportunities in the global biodegradable super absorbent materials market over the forecast period.
Among the regions, Europe accounted for the largest market share in the global biodegradable super absorbent materials market in 2016 and 2017. Growth in the region is mainly driven by large scale production and consumption of biodegradable super absorbent materials in Germany. Asia-Pacific biodegradable super absorbent materials market is expected to grow at the highest CAGR of X.X% over the forecast period.
The report on global biodegradable super absorbent materials market covers segments such as application, and product. The application segments include agriculture, medical, disposable diapers, adult incontinence products, female hygiene, and others. On the basis of product, the global biodegradable super absorbent materials market is categorized into polyacrylamide, polysaccharides, polyvinyl alcohol, and polyitaconic acid.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of the companies in the global biodegradable super absorbent materials market such as, Itaconix Corporation, TryEco LLC, SNF Floerger, Amereq Inc, JRM Chemical, Inc., Archer Daniels Midland Company, Nuoer Chemical Australia Pty Ltd., Exotech Bio Solutions Ltd., Nippon Shokubai Co., Ltd., and BASF SE.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global biodegradable super absorbent materials market. Moreover, IGR-Growth Matrix analysis given in the report brings an 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 biodegradable super absorbent materials market.
Moreover, the study highlights current market trends and provides forecast from 2018 to 2024. We also have highlighted future trends in the biodegradable super absorbent materials market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. Additionally, the analysis highlights the rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers, and distributors of the biodegradable super absorbent materials market to understand the present and future trends in this market and formulate their strategies accordingly.