The $162 Million Polymeric Adsorbents Industry is Expected to Grow at a CAGR of 6.18% Between 2021 and 2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global 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 - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global polymeric adsorbents market 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 turn, 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.
Key Topics Covered:
2 Research Methodology
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
5.2. Market Segmentation
5.3. Market Dynamics
5.4. Burning Issues in Industry
6 Industry Trends
7 Polymeric Adsorbents Market, by Type
8 Polymeric Adsorbents Market, by End-Use Industry vs. Application
9 Polymeric Adsorbents Market, by Region
10 Impact of COVID-19 on Polymeric Adsorbents Market
11 Competitive Landscape
12 Company Profiles
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
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