Pune, Maharashtra -- (SBWire) -- 01/18/2019 --Graphical Research presents a report on "Biodegradable Superabsorbent Materials Market Analysis By Product, By Application, Regional Trends, Growth Trends, Competitive Landscape & Forecast to 2024".
The rising concerns relevant to the health and environment have generated a heavy demand for proper waste disposal and use of bio-degradable substances, in turn catalyzing the biodegradable superabsorbent material industry size. Moreover, increasing applications of these materials in diapers, adult incontinence products, feminine hygiene products, etc. will further fuel its demand over the forecast years.
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Biodegradable superabsorbent products include Polyvinyl Alcohol (PVA), Polyitaconic acid, Polysaccharides, and Polypeptide. Polyvinyl alcohol (PVA) market is estimated to dominate the product landscape, having had a worth of around USD 95 million in 2017. PVA market has high scope in feminine hygiene as well as adult incontinence industry owing to its high solubility in water. Polysaccharides market is estimated to witness the highest growth, registering a CAGR of around 9% from 2018-2024.
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Application segment comprises Disposable diapers, Feminine hygiene, Adult Incontinence, Agriculture, and Medical applications. Disposable diapers market dominated the application landscape in 2017 having been valued over USD 90 million, mainly driven by better living standards and hygiene concerns.
The differentiating factor of Biodegradable Superabsorbent Materials Market report by Graphical Research when compared with other, similar syndicated research studies includes a 360-degree synopsis of trends for a period of more than 10 years including historic information as well as future outlook. Business focused multiple trends for Biodegradable Superabsorbent Materials Market are discussed along with regional trends to offer an overall view of the market.
The regional landscape covers North America, Latin America, Asia Pacific, Europe, and MEA. Key industry participants are ADM, TryEco, Weyerhaeuser Company and Exotech Bio Solutions. Other players include Valagro, Akron Biotech, CryoLife, AMEREQ, Coloplast A/S, NanoChem Solutions and Collagen Solutions.
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Biodegradable Superabsorbent Materials Market to Rise at 6% CAGR by 2024: ADM, TryEco, Valagro, Akron Biotech, CryoLife and Exotech Bio Solutions
Biodegradable superabsorbent materials market surpassed 60 Kilo tons in 2017, is predicted to reach at a CAGR of around 6% over the period of 2018-2024. Rising environmental concerns along with the shifting focus towards renewable materials instead of conventional sources are likely to drive this industry growth.