Asia Pacific Biodegradable Superabsorbent Materials Market Size & Outlook
Asia Pacific biodegradable superabsorbent materials market, 2018-2030 (US$M)
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Asia Pacific biodegradable superabsorbent materials market highlights
- The Asia Pacific biodegradable superabsorbent materials market generated a revenue of USD 37.8 million in 2022.
- The market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, polyvinyl alcohol was the largest revenue generating product in 2022.
- Polyacrylamide is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 37.8 million |
| Market revenue in 2030 | USD 79.9 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Polyvinyl alcohol |
| Fastest growing segment | Polyacrylamide |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyvinyl Alcohol, Polyitaconic acid, Polyacrylamide, Polysaccharides |
| Key market players worldwide | The Lubrizol Corp, Basf SE, Archer-Daniels Midland Co, SNF, Itaconix PLC, Nuoer Chemical, JRM Chemical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.0% of the global biodegradable superabsorbent materials market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 79.9 million by 2030.
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Biodegradable Superabsorbent Materials Market Scope
Biodegradable Superabsorbent Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific biodegradable superabsorbent materials market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable superabsorbent materials market will help companies and investors design strategic landscapes.
Polyvinyl alcohol was the largest segment with a revenue share of 68.25% in 2022. Horizon Databook has segmented the Asia Pacific biodegradable superabsorbent materials market based on polyvinyl alcohol, polyitaconic acid, polyacrylamide, polysaccharides covering the revenue growth of each sub-segment from 2018 to 2030.
The personal care and hygiene industry in Taiwan, China, South Korea, India and Japan is likely to be a favorable factor for the market. Increasing investments by leading personal care and hygiene companies including P&G, and Kimberly-Clark is anticipated to promote demand over the forecast period.
Growing consumer awareness regarding the baby hygiene products in emerging economies such as India and China is expected to be a critical factor in determining growth over the forecast period. Increasing disposable and expansion of the middle class in these countries has led to changing consumer preferences.
Consumers are opting for more convenience and comfort in their products than before. There is also a growing awareness among consumers about environmentally sustainable materials which for adult and baby diapers which is crucial for the growth of biodegradable superabsorbent. The large customer base for manufacturers in the region has led to the increasing market penetration of various bio-based materials in the personal hygiene segment over the past few years.
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Target buyers of Asia Pacific biodegradable superabsorbent materials market databook
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Our clientele includes a mix of biodegradable superabsorbent materials market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biodegradable superabsorbent materials market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biodegradable superabsorbent materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biodegradable superabsorbent materials market size, by country, 2018-2030 (US$M)
Asia Pacific Biodegradable Superabsorbent Materials Market Outlook Share, 2022 & 2030 (US$M)
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