Polymeric adsorbents find widespread applications due to their exceptional characteristics. They are employed in the pharmaceutical industry for efficient biomolecule purification, offering high selectivity and yield. In water treatment, they remove contaminants through adsorption mechanisms. Additionally, in food and beverage processing, polymeric adsorbents aid in color and flavor removal. Their versatility extends to catalysis, where they enhance reaction efficiency. Their flexibility, selectivity, and reusability make them indispensable in various sectors, such as biotechnology, environmental remediation, and chemical manufacturing, where efficient separation and purification processes are crucial.
According to Data Bridge Market Research, the Global Polymeric Adsorbents Market accounted for USD 120.00 million in 2021 and is expected to reach USD 192.56 million by 2029. The market is expected to grow with a CAGR of 6.09% in the forecast period of 2022 to 2029.
“Surging demand in the pharmaceutical industry boosts the market’s growth”
The polymeric adsorbents market is experiencing robust growth, primarily driven by the surging demand in the pharmaceutical industry. Polymeric adsorbents are favored in pharmaceuticals for their high selectivity, efficiency, and versatility in purifying and separating biomolecules. With the pharmaceutical sector's rapid expansion, driven by research and drug development activities, there's an escalating need for advanced purification techniques. Polymeric adsorbents meet these requirements, offering improved product yields and purity, thus propelling their adoption and driving substantial growth in the market.
What restraints the growth of the global polymeric adsorbents market?
“Presence of alternative purification options restraints the market’s growth”
The growth of the polymeric adsorbents market faces constraints due to the presence of alternative purification options. While polymeric adsorbents offer versatility and efficiency, other methods such as chromatography resins, membrane filtration, and traditional resins are also available. These alternatives may be preferred based on specific application requirements, cost-effectiveness, or established protocols, limiting the market's expansion.
Segmentation: Global Polymeric Adsorbents Market
The global polymeric adsorbents market is segmented on the basis of type, process, application, and end user.
- On the basis of type, the polymeric adsorbents market is segmented into aromatic (crosslinked polystyrenic matrix), modified aromatic (brominated aromatic matrix), methacrylic (methacrylic ester copolymer), and others.
- On the basis of process, the polymeric adsorbents market is segmented into gravure, flexography, off-set, and digital.
- On the basis of application, the polymeric adsorbents market is segmented into chlorinated solvents removal, heterocyclic amines removal, purification of alkanoalmines, sugar decolorization, anthocyanin removal, and others.
- On the basis of end user, the polymeric adsorbents market is segmented into pharmaceutical, food and beverage, industrial, wastewater treatment, and cosmetics.
Regional Insights: Asia-Pacific dominates the Global Polymeric Adsorbents Market
Asia-Pacific dominates the polymeric adsorbents market due to escalating demand for packaging materials in the Asia-Pacific region can be attributed to swift industrialization and increased usage in the food and beverage sector. As industries expand, so does the need for efficient and safe packaging solutions, boosting the regional packaging market's growth to meet these evolving demands.
Europe will continue to project the highest compound annual growth rate for this period due to the increasing utilization of these technologies in the Asia-Pacific region can be attributed to their expanding applications in fragrance extraction, the removal of compounds such as limonin, decolorization of sweeteners, and addressing various organic pollutant challenges. This region is witnessing a surge in demand for these technologies, particularly in combating harmful organic pollutants, contributing to their growing usage.
Recent Developments
- In January 2020, DuPont expanded its portfolio of separation technologies, which includes reverse osmosis, ultrafiltration, and ion exchange resins for water purification, through the successful acquisition of Memcor, Desalitech, inge GmbH, and OxyMem Limited.
- In November 2021, Shad et al., in collaboration between Hazara University Pakistan and the University of Birmingham UK, conducted a study utilizing environmentally friendly Zinc (Zn) nanoparticles for the removal of metolachlor and acetochlor herbicides from water. In this research, Mentha leaf extracts were employed as natural reducing agents during the production of Zn nanoparticles.
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The Prominent Key Players Operating in the Global Polymeric Adsorbents Market Include:
- Purolite (U.S.)
- DOW (U.S.)
- CHEMRA COMPANY (Germany)
- Sunresin New Materials Co. Ltd. (China)
- Thermax Limited (India)
- Merck KGaA (Germany)
- LANXESS (Germany)
- Suzhou Nanomicro Technology Co., Ltd (China)
- Tianjin Nankai Hecheng Science & Technology Co., Ltd (China)
- Mitsubishi Chemical Corporation (Japan)
- Ajinomoto Fine-Techno Co.,Inc. (Japan)
- Amicogen (China) Biopharm Co., Ltd. (China)
Above are the key players covered in the report, to know about more and exhaustive list of global polymeric adsorbents market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Polymeric Adsorbents Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
