North America Biodegradable Superabsorbent Materials Market Size & Outlook
North America biodegradable superabsorbent materials market, 2018-2030 (US$M)
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North America biodegradable superabsorbent materials market highlights
- The North America biodegradable superabsorbent materials market generated a revenue of USD 34.4 million in 2022.
- The market is expected to grow at a CAGR of 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 34.4 million |
| Market revenue in 2030 | USD 59.3 million |
| Growth rate | 7% (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, North America region accounted for 25.4% 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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North America 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 63.08% in 2022. Horizon Databook has segmented the North America biodegradable superabsorbent materials market based on polyvinyl alcohol, polyitaconic acid, polyacrylamide, polysaccharides covering the revenue growth of each sub-segment from 2018 to 2030.
North America is the third largest market for the biodegradable superabsorbent materials. Aging population has been a major driving factor in the region, which has resulted in increasing the market penetration of biodegradable superabsorbent over the past few years.
Rising awareness and social acceptance regarding a wide range of health issues has resulted in changing the demand landscape of the hygiene industry. In mature markets such as North America adult incontinence products are becoming are expected to extremely crucial for widening the customer base and improving the margins for companies.
Greater fit, thinner cores, comfort levels and improved absorption are some of the critical factors responsible for driving demand over the past few years. Manufacturers that have been strong players in feminine hygiene segment are entering the adult incontinence segment in order to cater to the growing demand. This will lead to further expansion of the market over the forecast period.
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Target buyers of North America 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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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 North America biodegradable superabsorbent materials market , including forecasts for subscribers. This continent databook contains high-level insights into North America biodegradable superabsorbent materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America biodegradable superabsorbent materials market size, by country, 2018-2030 (US$M)
North America Biodegradable Superabsorbent Materials Market Outlook Share, 2022 & 2030 (US$M)
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