India Biodegradable Superabsorbent Materials Market Size & Outlook
India biodegradable superabsorbent materials market, 2018-2030 (US$M)
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India biodegradable superabsorbent materials market highlights
- The India biodegradable superabsorbent materials market generated a revenue of USD 10.1 million in 2022 and is expected to reach USD 22.8 million by 2030.
- The India market is expected to grow at a CAGR of 10.7% 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 10.1 million |
| Market revenue in 2030 | USD 22.8 million |
| Growth rate | 10.7% (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, India accounted for 7.5% 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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India 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 68.32% in 2022. Horizon Databook has segmented the India biodegradable superabsorbent materials market based on polyvinyl alcohol, polyitaconic acid, polyacrylamide, polysaccharides covering the revenue growth of each sub-segment from 2018 to 2030.
India is another major market for biodegradable superabsorbent materials owing to the expansion of the personal hygiene sector. The growing middle class in the country is extremely conscious of baby hygiene and is adopting health-conscious methods of convenient baby hygiene products.
There is a significant gap between the supply and demand for diaper products on account of inadequate distribution channels and large storage space occupied by diaper packs as compared to their price which leads consumers compromising on their purchase and depriving them of better benefits and choices.
Similarly, the adult diapers and the feminine hygiene products segments are also key segments as far as biodegradable superabsorbent materials are concerned. The consumption of biodegradable superabsorbent materials has increased over the past few years in the above-mentioned products which is expected to result in growth over the forecast period.
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Target buyers of India 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 India biodegradable superabsorbent materials market , including forecasts for subscribers. This country databook contains high-level insights into India biodegradable superabsorbent materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India biodegradable superabsorbent materials market size, by product, 2018-2030 (US$M)
India Biodegradable Superabsorbent Materials Market Outlook Share, 2022 & 2030 (US$M)
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