Global Polymeric Adsorbents Market – Industry Trends and Forecast to 2029

Global Polymeric Adsorbents Market, By Type (Aromatic (Crosslinked Polystyrenic Matrix), Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer), Others), Process (Gravure, Flexography, Off-Set, Digital), Application (Chlorinated Solvents Removal, Heterocyclic Amines Removal, Purification of Alkanoalmines, Sugar Decolorization, Anthocyanin Removal, Others), End User  (Pharmaceutical, Food and Beverage, Industrial, Wastewater Treatment, Cosmetics) - Industry Trends and Forecast to 2029

Polymeric Adsorbents Market Analysis and Size

A significant advancement in polymeric adsorbents technology has led to market growth. Polymeric adsorbents are synthetic material that helps to adsorb an extensive range of compounds. The rising use of polymer adsorbents mainly in the food and beverage and pharmaceutical sector are anticipated to drive the growth rate of the polymeric absorbents market during the forecast period. The “pharmaceutical industry” is the highest growing end user segment due to the rising demand for the removal of proteins, antibiotics and other compounds from organic aqueous solutions in pharmaceutical applications or the forecast period of 2022-2029. Furthermore, these absorbents is also used in other end user industries including water and air treatment, chemicals and petrochemicals. These trends have been continuing from past years and expected to continue in over the upcoming years.

Data Bridge Market Research analyses that the polymeric adsorbents market is expected to undergo a CAGR of 6.09% during the forecast period. This indicates that the market value, which was USD 120.00 million in 2021, would rocket up to USD 192.56 million by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Polymeric Adsorbents Market Scope and Segmentation

Market Definition

Polymeric adsorbents are those polymer beads which is mainly made up of polystyrene with amine groups to form sulfonate groups to develop cation exchangers and anion exchangers. Polymeric adsorbents can extract constituents without any contamination efficiently compared to other adsorbents. Also, they are extremely resistant to acidic and caustic conditions.

Polymeric Adsorbents Market Dynamics

Drivers

• Growing demand of polymeric adsorbents in pharmaceutical industry

The pharmaceutical industry is expected to be the largest end user industry in the polymeric adsorbents market. The growth of the pharmaceutical sector is primarily attributed to the high demand for polymeric adsorbents to purify pharmaceutical goods, such as Active Pharmaceutical Ingredients (APIs) and antibiotics, enzymes, bulk drugs, and vaccines. Polymeric adsorbents provide extensive advantages, such as strong physical and chemical stability and high adsorptive capacity, over powdered activated carbon due to this polymeric adsorbents are preferred in the pharmaceutical industry which are expected to drive the growth rate of the polymeric adsorbents market.

• Rising demand of polymeric adsorbents in food and beverages industry

Polymeric absorbents are majorly used in the food and beverage industries for separating and purifying procedures. The polymeric adsorbents are used to extract purified and high-quality products and remove unwanted constituents, which is increasing rapidly worldwide. Polymeric adsorbents are extracting elements such as vitamins and citric juices without any contamination and also resistant to acidic and caustic settings. The rising demand for polymeric adsorbents in food and beverages is expected to drive the market's growth.

Furthermore, growing use of polymeric adsorbent due to highly efficient and cost effective,  growing demand from emerging economies, and rising need for waste water management are some of the major factors anticipated to drive the growth of the polymeric adsorbents market during the forecast period of 2022-2029. 

Opportunities

• Growing usage of polymeric adsorbents in textile industry

 The rising use of polymeric adsorbents in the textile sector coupled with the innovative advancements in the manufacture of hybrid polymeric adsorbents appropriate for both inorganic and organic aqueous solutions will further create lucrative opportunities for the major market players which is operating in polymeric adsorbents market.

Furthermore, the extraction processes which has carried out by employing the synthetic polymeric adsorbents enables less solvent utilization and thus it is a cost-effective and safe technique which will create immense opportunities for the growth of the polymeric adsorbents globally.

Restraints/Challenges

• Presence of alternative options

The presence of conventional substitutes such as activated carbon and others also exhibit the comparable performance properties which are anticipated to pose the limitation to the polymeric adsorbents market.

• Concern associated with environment

The extensive use of polymeric adsorbents has negatively impacted the environment as the utilization of adsorbents results in water wastage on a large scale. As a result, the government bodies are imposing various regulations which is restricting the usage of adsorbents. This factor is further creating hindrances for the growth of the polymeric adsorbents market.

This polymeric adsorbents market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the polymeric adsorbents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Polymeric Adsorbents Market

The outbreak of covid-19 had a negative impact on the polymeric adsorbent market. Several countries which manufacture polymeric adsorbents were forced to halt the production. The majority of polymeric adsorbents manufacturers in Asia-Pacific and North America, which were particularly affected by this pandemic. These challenges have disrupted the market's demand and supply chain of polymeric adsorbents. In contrast, the demand of polymeric adsorbents in pharmaceutical industries has increased, as a result many industry players supplied polymeric adsorbents to aid in the production of pharmaceuticals products during the pandemic.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In January 2020, DuPont accomplished the acquisitions of Memcor, Desalitech, inge GmbH and OxyMem Limited, adding up to its leading portfolio of separation technologies, including reverse osmosis, ultrafiltration, and ion exchange resins and water purification.
• In November 2021, Green manufactured Zinc (Zn) nanoparticles were tested to remove metolachlor and acetochlor herbicides from water, this analysis has undertaken by Shad et al. at Hazara University Pakistan in partnership with the University of Birmingham UK. In this study, Mentha leaf extracts were used as reducing agents in the production of Zn nanoparticles. The produced Zn nanoparticles with approx. 36 nm were found to have high crystallinity and purity. Nanoparticles can be used as herbicide adsorbents since they have huge adsorption sites and a big surface area. Nanoparticles aided in membranes which are less expected to be hydrolyzed or oxidized quickly.

Global Polymeric Adsorbents Market Scope

The polymeric adsorbents market is segmented on the basis of type, process, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Aromatic (Crosslinked Polystyrenic Matrix)
• Modified Aromatic (Brominated Aromatic Matrix)
• Methacrylic (Methacrylic Ester Copolymer)
• Others

Process

• Gravure
• Flexography
• Off-Set
• Digital

Application

• Chlorinated Solvents Removal
• Heterocyclic Amines Removal
• Purification of Alkanoalmines
• Sugar Decolorization
• Anthocyanin Removal
• Others

 End User 

• Pharmaceutical
• Food and Beverage
• Industrial
• Wastewater Treatment
• Cosmetics

Polymeric Adsorbents Market Regional Analysis/Insights

The polymeric adsorbents market is analysed and market size insights and trends are provided by country, type, process, application and end user as referenced above.

The countries covered in the polymeric adsorbents market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the polymeric adsorbents market due to the rapid industrialisation along with rising usages in food and beverages industry in this region.

Europe will continue to project the highest compound annual growth rate for this period due to the growing applications in fragrance extraction, limonin removal, sweetener decolorization and others along with growing usages in removing harmful organic pollutants in this region.  

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Polymeric Adsorbents Market Share Analysis

The polymeric adsorbents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polymeric adsorbents market.

Some of the major players operating in the polymeric adsorbents market are:

• 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)