Europe Biodegradable Superabsorbent Materials Market Size & Outlook
Europe biodegradable superabsorbent materials market, 2018-2030 (US$M)
Related Markets
Europe biodegradable superabsorbent materials market highlights
- The Europe biodegradable superabsorbent materials market generated a revenue of USD 42.8 million in 2022.
- The market is expected to grow at a CAGR of 7.3% 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, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 42.8 million |
| Market revenue in 2030 | USD 75.3 million |
| Growth rate | 7.3% (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, Europe region accounted for 31.6% 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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Europe 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 65.89% in 2022. Horizon Databook has segmented the Europe biodegradable superabsorbent materials market based on polyvinyl alcohol, polyitaconic acid, polyacrylamide, polysaccharides covering the revenue growth of each sub-segment from 2018 to 2030.
Europe was the largest market for biodegradable superabsorbent materials. High consumer demand has prompted manufacturers to develop more cost effective and differentiated their product offerings. The baby diaper segment, which has witnessed significant growth over the past few years, is undergoing through various structural changes in diaper structures.
There is a growing demand for products with higher superabsorbent content, improvement in the breathability and the comfort level. The products are expected to be thinner and compact which has resulted in propelling demand for these materials over the past few years.
The adult diaper segment will remain a critical sector for the region owing to the growing aging population, which has propelled demand for sustainable and environmentally friendly materials to be used in the manufacturing of adult diapers and other incontinence products. This will help in promoting growth over the forecast period.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe biodegradable superabsorbent materials market , including forecasts for subscribers. This continent databook contains high-level insights into Europe biodegradable superabsorbent materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe biodegradable superabsorbent materials market size, by country, 2018-2030 (US$M)
Europe Biodegradable Superabsorbent Materials Market Outlook Share, 2022 & 2030 (US$M)
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