Press release
Biodegradable Superabsorbent Materials Market Detailed Analysis and Focusing on Key Leaders - Archer Daniels Midland, Akron Biotech, Coloplast, CryoLife, Collagen Solutions plc, Valagro, AMEREQ
Biodegradable Superabsorbent Materials Market
The need for environmental sustainability has been realized taking into consideration the rapidly increasing population, which may cross the 7 billion mark by 2050. Owing to the rising health and environmental concerns, there has been a huge demand for proper waste disposal and use of bio-degradable substances which in turn has driven the growth of Biodegradable Superabsorbent Materials in the polymer industry. The market has seen a commendable surge in all these years, driven by its ease of use, hygiene, cost-effectiveness and environment friendly characteristics.
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Key Profiles:
• Archer Daniels Midland
• Akron Biotech
• Coloplast
• CryoLife
• Collagen Solutions plc
• Valagro
• AMEREQ
The popularity of conventional materials is being surpassed by the use of these biodegradable products. Biodegradable Superabsorbent Polymers are used for high absorption of water and aqueous solutions relative to their own mass primarily for use in the form of diapers, adult incontinence products, feminine hygiene products, and similar applications.
Biodegradable Superabsorbent materials market can be segmented on the basis of its wide set of applications which include Disposable diapers (baby diapers), feminine hygiene (sanitary pads), adultincontinence, agricultural, and medical applications (surgical pads & wound care solutions).
Disposable diapers application segment dominated the market, having had a market share of USD 79 million. The growth is attributed to the better living standards and hygiene concerns. Agricultural application is expected to witness a CAGR of more than 7% by 2023.
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Also, medical issues related to bones and joints are boosting the adoption of cellulose hydrogel biodegradable polymers due to its effective healing properties. Medical application segment shall see a significant growth and is expected to be worth more than USD 5 million by 2023.
Polysaccharides are forecast to achieve highest gains at more than 9% CAGR up to 2023. Abundant starch availability as feedstock coupled with its bio-based properties are considered to make them the most preferable polymers.
Biodegradable Superabsorbent Materials Market Application Analysis (Volume: Tons, Revenue, USD Million, 2012 - 2023)
• Disposable diapers
• Adult Incontinence
• Feminine hygiene
• Agriculture
• Medical
• Others
Technology innovation along with rising non-toxic material usage in manufacturing industries owing to environmental regulations should positively persuade biodegradable superabsorbent materials market growth. Rising geriatric population accompanied by increasing bladder related problems among adult has increased the adult incontinence product consumption. It is also used during pregnancy and childbirth.
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Improvement in farming techniques to increase crop yield coupled with urge to adopt effective water utilization in arid areas is another lucrative factor stimulating industry growth. This factor may drive biodegradable superabsorbent polymers market for agricultural applications.
Increasing investment by companies such as Cargill, Novozymes, Metabolix and Myriant to develop bio based acrylic acid may hinder industry growth and affect biodegradable superabsorbent polymer market price trend.
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