Polymeric Adsorbents Market Demand Rise at 6.2% CAGR, to Reach USD 162 Million by 2026
According to the report published by Facts and Factors, the global polymeric adsorbents market was valued at approximately USD 112 Million in 2020 and is expected to generate revenue of around USD 162 Million by end of 2026, growing at a CAGR of around 6.2% between 2021 and 2026.
Polymeric adsorbents are adsorbents with covalently bonded subunits that have been synthesized artificially. These polymers offer a wider range of properties than conventional adsorbents, including increased porosity, longer durability, and a larger surface area. Due to their exceptional physicochemical characteristics and adsorption capabilities, polymer adsorbents are widely used to treat phenolic wastes in a range of end-use industries, including pharmaceuticals, food & beverages, textiles, and others. Depending on the working conditions, mechanical strength, adsorption capacity, and selectivity may all be altered.
The market is divided into aromatic, methacrylic, modified aromatic, and other types based on type. Aromatic resin is used in different food processing industries to recover components such as proteins and other high-value commodities, therefore it dominated the type segment. It’s also used to cleanse and decolorize food additives and components. Vitamins, enzymes, antibiotics, peptides, amino acids, and steroids are among the lower molecular weight substances purified and separated using aromatic resin. Because of its thermal stability and physical resistance, it may be used in a variety of process cycles in batch or column systems.
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The market is divided into chlorinated solvent removal, alkanol amine purification, anthocyanin removal, heterocyclic amine removal, sugar decolorization, and others based on the application. In 2020, chlorinated solvent removal was the most popular application segment. This is due to its usage in cleaning products like glues, paint thinners, resins, and insecticides, among other things. Chlorinated solvents include trichloroethylene (TCE), carbon tetrachloride (carbon tet), and methylene chloride, among others. Their chlorine-based chemical structure assists in the efficient dissolution of organic molecules such as fats and greases, as well as functioning as raw materials or intermediates in the production of other chemicals. Solvent absorption, skin contact, and inhalation can all expose workers to chlorinated solvents. Inhalation is the most common route of workplace exposure since solvents evaporate fast. Skin contact is another important source of exposure in the workplace. The market demand for polymeric adsorbents is rising as their relevance in the elimination of chlorinated solvents grows.
The market is divided into industrial, pharmaceutical, food and beverage, chemicals, textile, and others based on the end-user industry. Due to its usage in the pharmaceutical sector for purification and separation of enzymes and antibiotics, among other things, the pharmaceutical segment dominated the end-user industry segmentation. Polymeric adsorbents can effectively remove proteins, peptides, antibiotics, and a variety of other substances. The pore structure of the resin may be utilized to improve the removal of smaller molecules while rejecting bigger ones in many situations.
Browse More Report Details: Global Polymeric Adsorbents Market Size & Share Analysis Report, 2021-2026
Top Market Players
Major players operative in the global polymeric adsorbents market is Lanxess AG, Ion Exchange (India) Ltd., Thermax Limited, Amicogen (China) Biopharm Co., Ltd., Shanghai Bairy Technology Co., Ltd., Canftech Inc., Samyang Corporation, Jiangsu Kimshan New Material Co., Ltd, ResinTech Inc., Tianjin NankaiHecheng Science &Technology Co., Ltd., DuPont de Nemours, Inc., Purolite, Chemra GmbH, Minerals Technologies Inc., Mitsubishi Chemical Corporation, Ajinomoto Fine-Techno Co., Inc., Ningbo Zhengguang Resin Co., Ltd., Suqing Group, Suzhou Bojie Resin Technology Co., Ltd., Sunresin New Materials Co Ltd, Seppro Separation Technology LTD, and Jiangsu Jinkai Resin Chemical Co., Ltd. amongst others.
Polymeric adsorbents are used to remove phenol and substituted phenol from non-aqueous and aqueous streams, purify alkanol amines, recover heterocyclic amines, recover toluene, benzene, and xylene, decolonize organic streams and kraft pulp mill effluents and purify hydrogen peroxide in industrial applications. Government regulations controlling flue and hazardous gas emissions are driving the chemical sector to utilize enhanced adsorption technology in purifying operations all over the world. As a result of their larger average pore diameter, polymeric adsorbents are preferred over activated carbon. In the coming years, this is likely to provide lucrative opportunities for the industry. For purification and separation operations, polymeric adsorbents are primarily used in the pharmaceutical and food & beverage industries. Purification of pharmaceuticals, such as antibiotics and active pharmaceutical ingredients (APIs), and food and beverage products, such as citric juices and vitamins, include eliminating undesirable components and extracting high-quality and pure products. Polymeric adsorbents are more effective in extracting components without contamination than traditional adsorbents. They’re also very resistant to caustic and acidic conditions. The polymeric adsorbents market is expected to be driven by this.
Asia Pacific Market is Projected to Grow Significantly in the Upcoming Years due to Increasing Demand From End-User Industries
The Asia Pacific region now dominates the polymeric adsorbents market and is expected to dominate the market in the coming years. Polymeric adsorbents are in high demand due to rising demand from emerging and developed economies in the area, such as India, China, Japan, and South Korea. One of the driving reasons for the polymeric adsorbents market in the Asia Pacific is the rising demand from end-user industries such as food and beverage in these nations. Increasing corporate and governmental investments, rising disposable income, population, and the economy are just a few of the factors propelling these sectors in the Asia Pacific.
Due to the existence of large end-use sectors, China is expected to be the region’s fastest-growing country-level market. India and other Southeast Asian countries are expected to promote regional market development due to the growing demand for polymeric adsorbents in various end-use industries such as textile and pharmaceutical.
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