China Biodegradable Superabsorbent Materials Market Size & Outlook
China biodegradable superabsorbent materials market, 2018-2030 (US$M)
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China biodegradable superabsorbent materials market highlights
- The China biodegradable superabsorbent materials market generated a revenue of USD 16.6 million in 2022 and is expected to reach USD 35.6 million by 2030.
- The China market is expected to grow at a CAGR of 10% 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.
Biodegradable superabsorbent materials market data book summary
| Market revenue in 2022 | USD 16.6 million |
| Market revenue in 2030 | USD 35.6 million |
| Growth rate | 10% (CAGR from 2022 to 2030) |
| Largest segment | Polyvinyl alcohol |
| Fastest growing segment | Polyacrylamide |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 12.3% of the global biodegradable superabsorbent materials market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China biodegradable superabsorbent materials market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 22.8 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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China 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 68.07% in 2022. Horizon Databook has segmented the China biodegradable superabsorbent materials market based on polyvinyl alcohol, polyitaconic acid, polyacrylamide, polysaccharides covering the revenue growth of each sub-segment from 2018 to 2030.
China is a major market for feminine hygiene products. It accounts for approximately one tenth of the infant population of the world and nearly one fifth of the world’s hygiene products production takes place in the country.
Increasing disposable income and economic growth in the country over the past few years has enabled consumers to increase the consumption of hygiene products. This is expected to result in market growth of over the forecast period. Brand loyalty is extremely important in these markets as majority of the consumers focus on purchasing products belonging to the best possible brands.
However, there are market opportunities for new entrants in this market as players are differentiating on the basis of their product offerings and price which is expected to be a key feature of the baby care and feminine hygiene products market.
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Target buyers of China 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 country-level data and insights on the China biodegradable superabsorbent materials market , including forecasts for subscribers. This country databook contains high-level insights into China biodegradable superabsorbent materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China biodegradable superabsorbent materials market size, by product, 2018-2030 (US$M)
China Biodegradable Superabsorbent Materials Market Outlook Share, 2022 & 2030 (US$M)
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