Biodegradable Superabsorbent Materials Market Size

Biodegradable Superabsorbent Materials Market Size

Biodegradable Superabsorbent Materials Market size valued at USD 174 million in 2022 and is poised to observe nearly 5% CAGR from 2023 to 2032. Strong demand for baby diapers/disposable diapers will influence business trends

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Increasing urbanization and strong product penetration in agriculture & medical applications will drive market growth. According to a UN report, the world population is expected to reach 9.8 billion by 2050. Rapid growth in the urban population will put major pressure on the environment, threatening food security and environmental sustainability.

To meet growing consumer demand, the agricultural sector is looking to maximize land & water productivity by adopting efficient and sustainable farming materials like biodegradable superabsorbent materials. Superabsorbent polymers (SAPs) are one such material that is widely used in the agricultural field to enhance water use efficiency as well as to control the release of fertilizers.

High production costs might impede biodegradable superabsorbent materials market growth

As the technology is in its nascent stage, the cost of producing biodegradable polymers is currently high. Biodegradable polymers are more expensive than fossil fuel polymers such as polyethylene terephthalate (PET), polystyrene, and polyethylene. Apart from its high cost, the unavailability of composting infrastructure is likely to be another factor that could impact the adoption of biodegradable polymers.