Polymeric Adsorbents Market

Polymeric Adsorbents Market worth $170 million by 2028

The report "Polymeric Adsorbents Market by Type (Aromatic (Crosslinked Polystyrenic Matrix), Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer), and Phenol Formaldehyde), End-Use Industry, and Region - Global Forecast to 2028", size is projected to grow from USD 130 million in 2023 to USD 170 million by 2028, at a CAGR of 5.5% from 2023 to 2028. In the polymeric adsorbents market, significant drivers include the escalating demand for clean water treatment, advancements in the pharmaceutical sector, and a global shift towards sustainability. These factors propel market growth as these adsorbents are essential for water purification, pharmaceutical processes, and industrial applications. Conversely, higher costs and competition from alternative technologies serve as restraints, potentially limiting market expansion. Opportunities lie in diversifying applications and exploring emerging markets, while challenges encompass fluctuations in raw material prices.

Browse 173 market data Tables and 39 Figures spread through 219 Pages and in-depth TOC on "Polymeric Adsorbents Market by Type (Aromatic (Crosslinked Polystyrenic Matrix), Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer), and Phenol Formaldehyde), End-Use Industry, and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/polymeric-adsorbent-market-261564522.html

The aromatic segment dominated the polymeric adsorbent market in 2022.

In 2022, aromatic polymeric adsorbents emerged as the predominant segment in both value and volume within the polymeric adsorbents market. This type of adsorbent, characterized by its substantial surface area, precise pore size distribution, and remarkable chemical and physical stability, claimed the largest market share. These attributes make aromatic polymeric adsorbents crucial in a diverse spectrum of applications, particularly in the pharmaceutical and food & beverage sectors. They are extensively utilized for protein and small peptide purification, sugar decolorization, the elimination of phenol, and the adsorption of fatty acids.

The pharmaceutical segment is estimated to be the largest segment in the polymeric adsorbents market in 2022.

In 2022, the pharmaceutical industry emerged as the largest segment in terms of value within the polymeric adsorbents market. This demand surge was primarily driven by the pharmaceutical sector's extensive use of polymeric adsorbents for the purification of antibiotics, enzymes, bulk drugs, and vaccines. The preference for polymeric adsorbents in pharmaceutical applications is attributed to their numerous advantages, including their high adsorption capacity and robust physical and chemical stability. This sets them apart from alternatives like powdered activated carbon and positions them as the preferred choice in the pharmaceutical industry.

Asia Pacific is projected to account for the largest share of the polymeric adsorbents market during the forecast period.

The Asia-Pacific (APAC) region is poised to dominate the polymeric adsorbents market during the forecast period, holding the largest share in both value and volume from 2023 to 2028. The dynamic growth in the APAC region can be attributed to a burgeoning population and rapid urbanization, which are key drivers of industry expansion. Notably, the robust growth of food & beverage and pharmaceutical industries in multiple APAC countries is fueling the demand for polymeric adsorbents in the region. This demand surge reflects the region's increasing significance in the global polymeric adsorbents market.

DuPont de Nemours, Inc. (US), Mitsubishi Chemical Corporation (Japan), Purolite Corporation (US), Chemra GmbH (Germany), Sunresin New Materials Co. Ltd. (China), Lanxess AG (Germany), and Thermax Limited (India), amongst others, are the key players operating in the polymeric adsorbents market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the polymeric adsorbents market.

Don’t miss out on business opportunities in Polymeric Adsorbents Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Polymeric Adsorbents Market Size,  Share & Growth Report
Report Code
CH 5563
PR Published ON
11/7/2023
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Polymeric Adsorbents Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home