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 2026
“Increase in the demand for polymeric adsorbents for purification and separation applications in pharmaceutical and food & beverage industries, globally is projected to drive the overall growth of the polymeric adsorbents market across the globe from 2021 to 2026.”
The global polymeric adsorbents market size is projected to grow from USD 120 million in 2021 to USD 162 million by 2026, at a Compound Annual Growth Rate (CAGR) of 6.18%. The global polymeric adsorbents industry has witnessed high growth primarily because of the booming industrial sector, rise in the demand for wastewater treatment, and rapid urbanization & globalization. However, government authorities, such as USFDA and Cefic, have set stringent regulations on purification and separation processes of pharmaceutical and food & beverage products. Such attributes have propelled the consumption of polymeric adsorbents over the next few years.
“In terms of both value and volume, aromatic segment to be the fastest-growing segment by 2026.”
The aromatic segment is projected to grow at the highest CAGR from 2021 to 2026. The increased use of aromatic (cross-linked polystyrenic matrix) polymeric adsorbents in various end-use industries can be attributed to their high hydrophobicity, high adsorption capacity, and excellent pressure & flow characteristics. These properties have led to increased consumption of these adsorbents in pharmaceutical and food & beverages industries.
“In terms of both value and volume, industrial is projected to be the fastest-growing segment from 2021 to 2026, for polymeric adsorbents.”
Industrial is projected to be the fastest-growing segment in the polymeric adsorbents market. The demand for polymeric adsorbents for water and waste water treatment is growing, owing to the increasing usage of water for industrial applications, especially the chemical and power plants. This in turns, offers significant opportunities for the polymeric adsorbents for industrial applications. In industrial applications, polymeric adsorbents are used for the removal of phenol from aqueous and non-aqueous sources; removal of chlorinated solvents; adsorption of fatty acids; heterocyclic amines recovery; separation and purification of amino acids from aqueous streams; recovery of benzene, toluene, and xylene; hydrogen peroxide purification; and adsorption of perfumes.
“In terms of both value and volume, the APAC polymeric adsorbents market is projected to grow at the highest CAGR during the forecast period.”
In terms of value and volume, the APAC region is projected to grow at the highest CAGR from 2020 to 2025. Emerging economies in APAC are expected to experience significant demand for polymeric adsorbents as a result of the expansion of the end-use industries due to rapid economic development and urbanization. The growth of the polymeric adsorbents market in this region is attributed by the flourishing pharmaceutical, industrial and food & beverage industry and this has further increased the polymeric adsorbents consumption as a purification as well as separation resin in this region.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the polymeric adsorbents market.
By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
By Designation: C-level: 40%, D-level: 35%, and Others: 25%
By Region: North America: 20%, Europe: 35%, APAC: 25%, Middle East & Africa: 15%, and South America: 5%
The global polymeric adsorbents market comprises major manufacturers, such as 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.
The market study covers the polymeric adsorbents market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on type, end-use industry, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the polymeric adsorbents market.
Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall polymeric adsorbents market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
Table of Contents
1 Introduction 1.1. Objectives of the Study 1.2. Market Definition 1.3. Market Scope 1.3.1. Markets Covered 1.4. Currency 1.5. Limitation 1.6. Stakeholders
2 Research Methodology 2.1. Research Data 2.1.1. Secondary Data 188.8.131.52. Key Data from Secondary Sources 2.1.2. Primary Data 184.108.40.206. Key Data from Primary Sources 220.127.116.11. Key Industry Insights 18.104.22.168. Breakdown of Primary Interviews 2.2. Market Size Estimation 2.3. Data Triangulation 2.3.1. Research Assumptions
3 Executive Summary
4 Premium Insights 4.1. Attractive Opportunities in the Polymeric Adsorbents Market 4.2. Polymeric Adsorbents Market, Regional Analysis 4.3. Polymeric Adsorbents Market, Developing vs Developed Nations 4.4. Polymeric Adsorbents Market, By Type 4.5. Fastest Growing and Emerging Markets, By Application 4.6. Life Cycle Analysis, By Region
5 Market Overview 5.1. Introduction 5.2. Market Segmentation 5.2.1. Polymeric Adsorbents Market, By Type 5.2.2. Polymeric Adsorbents Market, By Application 5.2.3. Polymeric Adsorbents Market, By End-use Industry 5.2.4. Polymeric Adsorbents Market, By Region 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunities 5.3.4. Challenges 5.4. Burning Issues in Industry
6 Industry Trends 6.1. Introduction 6.2. Value Chain Analysis 6.2.1. Material Suppliers 6.2.2. Research & Development 6.2.3. Applicators/Formulators 6.2.4. End-Use Industries 6.3. Trade Analysis 6.4. Technology Analysis 6.5. Policy & Regulatory Analysis 6.6. Pricing Analysis 6.7. Patent Analysis 6.8. Case Study Analysis 6.9. Porter’s Five Forces Analysis 6.9.1. Bargaining Power of Suppliers 6.9.2. Threat of New Entrants 6.9.3. Threat of Substitutes 6.9.4. Bargaining Power of Buyers 6.9.5. Intensity of Rivalry
8 Polymeric Adsorbents Market, By End-use Industry vs. Application 8.1. Introduction 8.2. Pharmaceutical & Bioprocessing 8.2.1. Antibiotics extraction & purification 8.2.2. Vitamin B12 purification 8.2.3. Vaccine purification 8.2.4. Amino acid separation 8.2.5. Anthocyanin removal 8.3. Industrial 8.3.1. (Poly-)Phenols extraction 8.3.2. Hydrocarbon and pesticides (H2O2 purification) 8.3.3. NMP removal 8.3.4. Solvent recovery 8.4. Food and Beverage 8.4.1. Decolorization, taste and odour removal in sweeteners production 8.4.2. Fruit juice debittering 8.4.3. Patulin removal 8.4.4. Herbal extractions 8.5. Others (Agriculture, Military & Defence, Textiles, etc.) 8.5.1. CO2 removal 8.5.2. Air purification 8.5.3. Others
9 Polymeric Adsorbents Market, By Region 9.1. Introduction 9.2. North America 9.2.1. US 9.2.2. Canada 9.2.3. Mexico 9.3. Europe 9.3.1. Germany 9.3.2. France 9.3.3. UK 9.3.4. Italy 9.3.5. Russia 9.3.6. Rest of Europe 9.4. Asia-Pacific 9.4.1. China 9.4.2. Japan 9.4.3. South Korea 9.4.4. India 9.4.5. Rest of APAC 9.5. Middle East & Africa 9.5.1. UAE 9.5.2. Saudi Arabia 9.5.3. South Africa 9.5.4. Rest of MEA 9.6. South America 9.6.1. Brazil 9.6.2. Argentina 9.6.3. Rest of South America
10 Impact of COVID-19 on Polymeric Adsorbents Market 10.1. Overview 10.2. COVID impact on Materials 10.3. COVID impact on Applications 10.4. Top Gainers from COVID-19 10.5. Top Losers from COVID-19
11 Competitive Landscape 11.1. Overview 11.2. Expansions: Most Popular Growth Strategy 11.3. Most Active Players and Developments 11.4. Competitive Situation and Trends 11.4.1. Expansions 11.4.2. Merger & Acquisitions 11.4.3. New Product Developments 11.4.4. Partnerships & Agreements 11.5. Top5 companies Market share analysis 11.6. Top5 companies Revenue share analysis
12 Company Profile 12.1. DuPont 12.2. Mitsubishi Chemical Holdings Corporation 12.3. Purolite Corporation 12.4. Thermax Limited 12.5. Chemra GmbH 12.6. Ion Exchange India Ltd. 12.7. Sunresin New Materials Co. Ltd. 12.8. Suquing Group 12.9. Samyang Corp. 12.10. Ningbo Zhengguang Resin Co. Ltd. 12.11. Other 10-15 Players’ short profiles Note: This is non-exhaustive and tentative list of companies
13 Appendix 13.1. Insights from Industry Experts 13.2. Discussion Guide 13.3. Available Customizations 13.4. Related Reports
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