Polymeric Adsorbents Market by Type (Aromatic, Modified Aromatic, Methacrylic, and Others), End User (Pharmaceutical, Food and Beverage, Industrial, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026686 | Pages: 100 | Industry: Chemicals and Materials | Date: Oct 2022 | Type: Global

The market crossed US$ 127.4 million mark in 2022 and is expected to hit US$ 214.8 million by 2030, recording a CAGR of 5.5% during the forecast period.

Polymeric adsorbents market has been significantly growing with the high demand from pharmaceutical, food and beverage industry

Polymeric adsorbents are spherical synthetic polymers with defined pore structure and high surface area, employed for selective removal of organic molecules, specifically in aqueous applications. The adsorbents made from polymers have distinct properties that allow efficient extraction of components, compared to other adsorbents. Polymeric adsorbents have applications ranging from purification and separation processes in the food, beverage and pharmaceutical industries, for processing of citric juices, vitamins, high-quality and purified products, as well as antibiotics activated pharmaceutical ingredients. Moreover, polymeric adsorbents are caustic and acid resistant. All these factors along with rising applications in purification and separation of food & beverage and pharmaceutical products are projected to drive the polymeric adsorbent market.   

Within the report, the market is segmented into type, end user, and geography. By type, the market is further divided into aromatic, modified aromatic, methacrylic, and others. By end user, the market is further fragmented into pharmaceutical, food and beverage, industrial, and others. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Growing demand for polymeric adsorbents in industrial utilization

Polymeric adsorbents have wide range of industrial applications comprising of phenol removal from aqueous and non-aqueous solutions. It is utilized to recover heterocyclic amines, purify alkanol amines benzene, toluene & xylene recovery, and purification of hydrogen peroxide. Moreover, stringent government regulations on the emission of flue and toxic gases are compelling the chemical industries to adopt better adsorption technologies in the purification processes. Therefore, polymeric adsorbents are preferred, as they are superior to activated carbon in terms of average pore diameter. Such attributes are expected to create lucrative growth opportunities for polymeric adsorbent manufacturers.

Growing prevalence for purification processes

The rising usage of polymer adsorbents, particularly in pharmaceutical, food and beverage industry for applications such as the separation of antibiotics, proteins, and other compounds from organic aqueous solutions is expected to fuel the market growth. The polymeric adsorbent comprises of distinctive properties such as improved porosity, high durability, and more surface area as compared to other adsorbents. Therefore, owing to its properties, the polymeric adsorbents are utilized in end-user industries such as pharmaceuticals, to treat phenolic wastes. Moreover, depending on the operational requirements, the properties such as mechanical strength, adsorption capacity, selectivity can be varied. Moreover, the increased use of polymeric adsorbents in separation and purification processes to manufacture high-quality products and industrial effluents elimination is expected to surge the demand for the product during the forecast period.

Recent strategic developments in polymeric adsorbents market

The polymeric adsorbents market has undergone several significant developments, and a few of these have been mentioned below:

  • In January 2020, DuPont acquired Desalitech, inge GmbH, Memcor and OxyMem Limited. The acquisition aimed at expanding water purification and separation technologies, including ultrafiltration, reverse osmosis and ion exchange resins.

The polymeric adsorbents market is driven by several players implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Purolite, Thermax Limited, LANXESS, Suzhou Nanomicro Technology Co. Ltd and Mitsubishi Chemical Corporation are among the prominent players operating in the market.

Target audience for the report:

  • Raw material providers
  • Polymeric adsorbents end users
  • Polymeric adsorbents manufacturers
  • Polymeric adsorbents -related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Type:
    • Aromatic
    • Modified Aromatic
    • Methacrylic
    • Others
  • End-User:
    • Pharmaceutical
    • Food and Beverage
    • Industrial
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • Purolite
    • Thermax Limited
    • LANXESS
    • Suzhou Nanomicro Technology Co., Ltd
    • Mitsubishi Chemical Corporation

The List of Companies
- Purolite
- Thermax Limited
- LANXESS
- Suzhou Nanomicro Technology Co., Ltd
- Mitsubishi Chemical Corporation

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