The polymeric adsorbents market is projected to grow at 8.30% CAGR during the forecast period. The market, in terms of value, was USD 99.78 million in 2018 and is projected to reach USD 199.96 million in 2030.
Polymeric Adsorbents Market Segmentation
The polymeric adsorbents market has been segmented based on product, end-use industry, and region.
Based on type, the market has been classified into aromatic (cross-linked polystyrene matrix), modified aromatic (brominated aromatic matrix) and methacrylic (methacrylic ester copolymer), and others.
Based on end use industry, the market has been divided into food & beverages, pharmaceuticals, textile, chemicals, and others
The market, by region, has been categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Key Players
Purolite (US), The DOW Chemical Company (US), CHEMRA COMPANY (Germany), Sunresin New Materials Co.Ltd., Xi'an (China), Thermax Limited (India), Merck KGaA (Germany), LANXESS (Germany), Suzhou Nanomicro Technology Co., Ltd (China), Tianjin Nankai HECHENG S&T Co.,Ltd (China), and Mitsubishi Chemical Corporation (Japan).Market Overview
Polymeric adsorbents are artificially synthesized adsorbents wherein the subunits are covalently bonded together. These polymers exhibit a wide range of properties such as better porosity, high durability, and larger surface area when compared to conventional adsorbents. Owing to their excellent physicochemical properties and adsorption characteristics, various types of polymer adsorbents are widely used in several end-use industries such as pharmaceuticals, food & beverages, textile, and others to treat phenolic wastes. Depending upon the operational requirement, the properties such as mechanical strength, adsorption capacity, selectivity can be varied.
The growing use of polymer adsorbents, particularly in the pharmaceutical and food & beverage industry is expected to drive the global market growth during the forecast period. This is largely attributed to the growing demand for polymeric adsorbents for the removal of antibiotics, proteins, and other compounds from organic aqueous solutions in pharmaceutical applications. In addition, the increasing use of polymeric adsorbents in separation and purification processes to produce high-quality products and simultaneously discharge non-toxic industrial effluents is likely to fuel the demand for the product in the coming years.
The extraction processes carried out by employing synthetic polymeric adsorbents enables less solvent utilization and thus is a safe and cost-effective technique which is expected to drive demand for polymeric adsorbents globally.
Furthermore, the increased use of polymeric adsorbents in textile industries coupled with innovative advancements in the production of hybrid polymeric adsorbents suitable for both organic and inorganic aqueous solutions are further creating lucrative opportunities for the players operating in polymeric adsorbents market.
However, the high cost of polymeric adsorbents is likely to hamper the growth of the global market. Also, the conventional substitutes such as activated carbon and others that exhibit comparable performance characteristics are expected to pose a limitation to the polymeric adsorbents market
Regional Analysis
The polymeric adsorbents market is analyzed for five major regions, namely North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific was the dominant market for polymeric adsorbents in 2018 and is projected to register the highest CAGR during the forecast period owing to the rapid industrialization in the region. The increasing use of polymeric adsorbents as an adsorption media in the expanding food and beverage is expected to drive the growth of the regional market. Furthermore, the escalating use of polymeric adsorbents for the treatment of industrial wastewaters containing heavy metals such as arsenic, lead, and others is also expected to support the regional market growth. China, being one of the leading countries on the account of the presence of major end-use industries and is expected to the fastest-growing country-level market in the region. India and other Southeast Asian countries are also expected to propel the regional market growth owing to increasing demand for polymeric adsorbents in various end-use industries such as textile and pharmaceutical. For instance, the industrial output in China increased by 6.3% in 2018, whereas a similar trend has been observed in India with a growth rate of 3.4% in the first half of 2019.
North America accounted for a substantial market share in 2018. The growing demand for polymeric adsorbents in the food & beverage and chemical industries is expected to drive the regional market growth. The increasing use of polymeric adsorbents resins on account of hemocompatibility for the separation of compounds from blood and other biologic fluids in pharmaceutical applications is projected to boost the demand in the region.
Europe is expected to showcase significant growth during the forecast period owing to extensive use of polymeric adsorbents to remove harmful organic pollutants from industrial effluents coupled with the strict EU norms in the region. In addition, the increasing use of polymeric adsorbents in a variety of applications such as fragrance extraction, sweetener decolorization, limonin removal from citrus juices and others is propelling the regional market demand.
Latin America and the Middle East & Africa are expected to witness substantial growth during the forecast period owing to growing industrialization in the region.Recent DevelopmentNov 2021 Green manufactured Zinc (Zn) nanoparticles were tested to remove acetochlor and metolachlor herbicides from water in a study undertaken by Shad et al. at Hazara University Pakistan in partnership with the University of Birmingham UK. In this investigation, Mentha leaf extracts were employed as reducing agents in the manufacture of Zn nanoparticles. The produced Zn nanoparticles with around 36 nm were found to have high purity and crystallinity. Nanoparticles can be employed as herbicide adsorbents since they have vast adsorption sites and a big surface area. Nanoparticles supported in membranes are less likely to be oxidized or hydrolyzed quickly. This research revealed a simple and effective approach for removing pesticides from water. It has been reported that after repeated usage of the membrane for herbicide removal, the active areas on the Zn nanoparticle surface become saturated, rendering the membranes useless. For re-deploying the membranes, methods for de-adsorption of herbicides must be investigated.
Intended Audience
- Polymeric adsorbent manufacturers
- Traders and distributors of polymeric adsorbents
- Potential investors
- Raw material suppliers
- Distributors
- Industry associations
Report Attribute/Metric |
Details |
Market Size |
2030: 199.96 million |
CAGR |
8.30%(2018–2030) |
Base Year |
2021 |
Forecast Period |
2022-2030 |
Historical Data |
2020 |
Forecast Units |
Value (USD Million) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Type, Modified Aromatic, End-Use Industry and Region |
Geographies Covered |
North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors |
Purolite (US), The DOW Chemical Company (US), CHEMRA COMPANY (Germany), Sunresin New Materials Co.Ltd., Xi'an (China), Thermax Limited (India), Merck KGaA (Germany), LANXESS (Germany), Suzhou Nanomicro Technology Co., Ltd (China), Tianjin Nankai HECHENG S&T Co.,Ltd (China), and Mitsubishi Chemical Corporation (Japan). |
Key Market Opportunities |
The increased use of polymeric adsorbents in textile industries coupled with innovative advancements in the production of hybrid polymeric adsorbents suitable for both organic and inorganic aqueous solutions |
Key Market Drivers |
The growing use of polymer adsorbents, particularly in the pharmaceutical and food & beverage industry |
Polymeric Adsorbents Market Highlights:
Frequently Asked Questions (FAQ) :
The polymeric adsorbents market is predicted to grow at a 8.30% CAGR between 2022-2030.
The global polymeric adsorbents market is predicted to touch USD 199.96 million by 2030.
The APAC region is predicted to dominate the polymeric adsorbents market.
Increasing use in food and beverage, and pharmaceutical industry, increasing use in purification process, and technological advances are boosting market growth.
High cost and availability of substitutes may limit market growth.