Biodegradable Superabsorbent Materials Market Forecasts to 2028 – Global Analysis By Product (Polyvinyl Alcohol, Polyitaconic Acid, Polyacrylamide, Polysaccharides and Polypeptide), Technology (Disposable diapers, Adult incontinence products, Female hygie

Biodegradable Superabsorbent Materials Market Forecasts to 2028 – Global Analysis By Product (Polyvinyl Alcohol, Polyitaconic Acid, Polyacrylamide, Polysaccharides and Polypeptide), Technology (Disposable diapers, Adult incontinence products, Female hygiene, Agriculture, Medical and Health Care, Baby Diapers, Personal Care and Hygiene, Water Treatment , Building and Construction and Other Applications), and By Geography

According to Stratistics MRC, the Global Biodegradable Superabsorbent Materials Market is accounted for $10.46 billion in 2022 and is expected to reach $16.51 billion by 2028 growing at a CAGR of 7.9% during the forecast period. Biodegradable superabsorbent materials are essentially biocompatible and degradable superabsorbent polymers. These materials are a blend of synthetic and natural raw materials. Baby diapers require the use of superabsorbent materials. They absorb and retain fluid even at moderately high pressures.

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.

Market Dynamics:

Driver:

The market is being propelled by rising demand for adult and baby diapers.

The growing geriatric population, as well as increased awareness of the benefits and convenience of adult incontinence products, are driving an increase in the use of super absorbent polymers. As the prevalence of adult incontinence rises, governments around the world are collaborating with manufacturers and medical professionals to prioritize incontinence product production. Government programs in the United States, the United Kingdom, Germany, and Australia encourage the use of adult incontinence products. Furthermore, a large elderly population in countries such as Japan, Italy, Finland, and Greece, among others, drives adult diaper market penetration in these countries, accelerating market expansion.

Restraint:

The market is hampered by fluctuating crude oil prices.

Acrylic acid is the primary raw material used in the manufacture of superabsorbent polymers. Acrylic acid prices have been highly volatile due to fluctuations in crude oil prices and a limited supply in the Asian market. The gradual recovery of crude oil prices will have an impact on the price of acrylic acid. China is the largest producer of acrylic acid. Because of environmental regulations in China, acrylic acid manufacturing facilities are operating at a lower rate, narrowing the supply-demand gap.

Opportunity:

New Opportunities Will Be Created by Bio-Based Super Absorbent Polymers

The conventional superabsorbent polymers are non-biodegradable and account for a significant portion of global landfills. As a result, investments in the development of superabsorbent polymers derived from renewable materials are expected to open up new global market opportunities. Superabsorbent polymers derived from renewable materials are alternatives to petrochemical-based polymers such as sodium polyacrylate and potassium polyacrylate, which are currently used in the absorbent core of disposable diapers and other personal hygiene products.

Threat:

Diaper market maturity in developed economies

The global Biodegradable Superabsorbent Materials market expected to hamper growth during the forecast period, due to high levels of product penetration, the diaper market has matured in developed economies. Diaper demand growth is expected to be relatively slow in countries such as the United States and Japan, owing to a decline in birth rates and low fertility rates. This has resulted in a drop in diaper sales in these countries. Diaper sales are declining, impeding the growth of the super absorbent polymer market.

Covid-19 Impact:

The COVID-19 pandemic led to unknown changes in the supply chain, which had an influence on the biodegradable superabsorbent materials industry. Businesses are now making efforts to secure and sustain their supply networks by entering into supply chain agreements with dealers and distributors. As manufacturers attempt to use new methods to obtain a competitive edge and boost their profit margins, it is predicted that competition will increase in the market. The novel coronavirus's impact is severe and has affected various industries and stopped revenue. It affected the supply and manufacturing segments of the market, impacting market growth. The pandemic affected the chemical industry heavily by impacting raw material procurement.

The personal hygiene segment is expected to be the largest during the forecast period

The personal hygiene segment is expected to be the largest end-use industry segment of the super absorbent polymers market during the forecast period. Super absorbent polymers are most commonly used as absorbents in diapers, adult incontinence products, feminine hygiene products, and other similar applications such as personal disposable hygiene products. The ability of these products to absorb liquid, urine, or blood is their most important feature. The absorption capacity is determined by the absorbent pad, which is made of polymer and fibrous material. The absorbent pad's polymer is composed of fine particles of various acrylic acid derivatives. These particles act as tiny sponges, retaining a large amount of water. The rising female population and increased awareness of personal hygiene are driving up demand for sanitary napkins.

The Polyvinyl alcohol segment is expected to have the highest CAGR during the forecast period

The Polyvinyl alcohol was the most important segment, accounting for more than 66.0% in 2021. Various companies are constantly working to develop superabsorbent materials using biodegradable synthetic polymers. Because polyvinyl alcohol has improved water retention properties, it has been used in a variety of liquid absorption applications, including baby diapers and adult incontinence products. Because of the wide range of applications for this superabsorbent material, the hygiene and personal care sectors are expected to be extremely important.

Region with highest share:

The Asia-Pacific region market is estimated to witness a highest share of the global Biodegradable Superabsorbent Materials market during the forecast period. APAC is the largest region for the market of superabsorbent polymers. The region's increased demand for super absorbent polymers can be attributed to factors such as a high population, rising middle-class income, and low labor and raw material costs. Furthermore, the region's growing number of end-use industries is spurring innovations and developments in the field of super absorbent polymers, fueling the growth of the APAC super absorbent polymers market.

Region with highest CAGR:

The Asia-Pacific market for biodegradable superabsorbent materials is expected to grow at the fastest CAGR. It is the fastest growing region for the market of superabsorbent polymers. The personal care and hygiene industries in China, Taiwan, South Korea, Japan, and India are likely to benefit the market. An increase in investment by leading personal care and hygiene companies such as Kimberly-Clark and P&G is expected to boost demand over the forecast period.

Key players in the market

Some of the key players in Biodegradable Superabsorbent Materials market include Akron Biotech, AMEREQ , Amereq Inc, Archer Daniels Midland Company , Coloplast A/S , Chinafloc Chemical Co.,Ltd, Collagen Solutions , CP Kelco , CryoLife , Exotech Bio Solutions Ltd., Itaconix Corporation, JRM Chemical Inc. , Lubrizol Corporation, NanoChem Solutions , Nippon Shokubai Co., Ltd., Nuoer Chemical Australia Pty Ltd., Powder Pack Chem, SkyQuest Technology Group, Exotech Bio Solutions Ltd., SNF Floerger , TryEco o Weyerhaeuser Company and Valagro.Ltd.

Key Developments:

In March 2021, BASF invested USD 30.1 million in new excellence center for its hygiene business. With this investments, BASF will increase innovation capabilities for its super absorbent polymer business by building a state-of-the-art Super absorbents Excellence Center at its Verbund site in Antwerp, Belgium.

In November 2020, Nippon Shokubai, LiveDo Corporation (Japan), and Total Care System (Japan) jointly have been developing various technologies to promote systems that recycle disposable diapers, the use of which continues to increase. These three companies have recently developed new recycling technologies for super absorbent polymers in used diapers. The technology can be applied to a wide variety of super absorbent polymers distributed worldwide.

Product Types Covered:
• Polyvinyl Alcohol
• Polyitaconic Acid
• Polyacrylamide
• Polysaccharides
• Polypeptide

Applications Covered:
• Disposable diapers
• Adult incontinence products
• Female hygiene
• Agriculture
• Medical and Health Care
• Baby Diapers
• Personal Care and Hygiene
• Water Treatment
• Building and Construction
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements