Global Biodegradable Superabsorbent Materials Market (by Product (Polyvinyl Alcohol (PVA), Polysaccharides, Polyitaconic Acid, Polypeptide), By Application (Disposable diapers, Adult Incontinence, Feminine hygiene, Agriculture, Medical) –by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)) – is expected to reach US$ $5.7 Bn by 2026 at a CAGR of 10%.
Rise in environment consciousness accompanied by need to reduce dependency on conventional sources are expected trending factors to favour global biodegradable superabsorbent materials market size. As per European Industry Starch Association, the global starch market was valued at over USD 56 billion in 2014, with estimated production output of over 70 million tons in the same year. China and Brazil are the major contributors with total increment of 10%; other countries have witnessed 1-2% annual growth. Abundant starch availability as feedstock is likely to provide an advantage for polysaccharide superabsorbent polymer market growth.
Growing need for optimum resource utilization due to increasing population growth accompanied by urge to manage the industrial waste has led polymers industry to adopt eco-friendly resources. As the consumption is increasing, it is essential to ensure proper waste disposal, which should drive biodegradable superabsorbent materials market size.
Environment damage coupled with lack of space to dump conventional materials has influenced manufacturers to use these eco-friendly products. These polymers are designed to absorb & retain large amounts of a liquid relative to their own mass. Personal disposable hygiene product, agriculture, and medical are major applications. Growing concerns among parents & women pertaining to health hazards related to baby diapers & sanitary napkins has alarmed consumers to prefer these biopolymers. Moreover, an infant until 30 months of age uses around six disposable diapers a day. Each diaper has an average volume approximately 500 cc, in conclusion one child produces around 3,000 cc garbage a day, which means 1,092 cubic meters annually, which should positively enhance biodegradable superabsorbent materials industry growth.
Polyvinyl alcohol (PVA) Biodegradable Superabsorbent Material is expected to hold the largest market share during 2017-2026
Polyvinyl alcohol is a synthetic polymer used for myriad applications including polyvinyl butyral, glue thickeners, textile sizing and paper coatings preparation. Polyvinyl alcohol is widely used because of its solubility in water. It can be easily biodegraded by microorganisms as well as enzymes. Feminine hygiene and adult incontinence products are the major applications.
Disposable diaper application to hold a major share of the Global Biodegradable Superabsorbent Materials market during 2017–2026
Rising infant population growth accompanied by increase in consumer disposable income is among the key factor driving disposable diapers demand. Growing environmental consciousness among consumers and regulatory compliance to control municipal and industrial waste is potential factor to enhance industry growth. Limited water usage is the key potential reason to enhance biodegradable superabsorbent materials market growth in this sector.
Europe held the largest share of the Global Biodegradable Superabsorbent Materials market in 2017
Europe, led by Germany biodegradable superabsorbent polymer market size, dominated the regional industry in 2017. Increasing consumer awareness for eco-friendly products mainly driven regional demand. Consumers in Germany, UK and France are ready to pay premium prices for products derived from biomass sources and are non-toxic.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as ADM, Exotech Bio Solutions, TryEco and Weyerhaeuser Company. Other notable companies Valagro, AMEREQ, Akron Biotech, CryoLife, Collagen Solutions, Coloplast A/S, and NanoChem Solutions. The industry may witness mergers & acquisitions and joint ventures with biotech companies over the foreseeable period owing to exchange of technologies and product portfolio expansion.
Maximize Market Research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the current Biodegradable Superabsorbent Materials market outlook. Report encompasses the Biodegradable Superabsorbent Materials market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Biodegradable Superabsorbent Materials market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Biodegradable Superabsorbent Materials market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on https://www.maximizemarketresearch.com/market-report/biodegradable-superabsorbent-materials-market/13400/
Early buyers will receive 10% customization on reports.
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 96071 95908/ 20 6630 3320