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Polymeric Adsorbents Market Analysis

  • Report ID: GMI7251
  • Published Date: Nov 2023
  • Report Format: PDF

Polymeric Adsorbents Market Analysis

Based on type, Aromatic polymeric adsorbents specifically crosslinked polystyrenic matrix materials, hold a significant portion of the market share around 39% in due to their wide range of applications, including water treatment, food and beverage processing, and pharmaceuticals. Modified aromatic adsorbents, particularly those with brominated aromatic matrices, are also prevalent, driven by their effectiveness in removing specific contaminants, such as heavy metals. Methacrylic adsorbents, like methacrylic ester copolymers, cater to applications in pharmaceuticals and biotechnology, contributing to a notable market share. Phenol formaldehyde-based resins, while less common, are employed in specialized applications such as radioactive waste treatment, occupying a smaller but significant portion of the market. The varying market shares reflect the diverse needs of industries and their reliance on specific polymeric adsorbent types to address distinct separation and purification challenges.
 

Polymeric Adsorbents Market Revenue Share, By End User Industry, (2022)

Based on end user, pharmaceutical sector holds a significant portion of the market share, of 32% market share in 2022 driven by the need for efficient separation and purification processes in drug manufacturing. The food and beverage industry also commands a notable share due to its use in food quality enhancement and beverage production. The industrial sector contributes significantly to the market share, with applications in chemicals, petrochemicals, and various industrial processes. Water treatment and air purification industries share a considerable portion of the market, addressing environmental and public health concerns. Other industries, including electronics and mining, utilize polymeric adsorbents for specialized applications, albeit to a lesser extent, collectively rounding out the market's distribution. The varying market shares across these industries reflect the versatility and broad applicability of polymeric adsorbents in addressing diverse separation and purification needs.
 

U.S. Polymeric Adsorbents Market Size, 2021- 2032 (USD Million)

North America dominated the polymeric adsorbents market, accounting for a major share of around 34.4% in 2022 The United States, being a major industrial hub, has a robust demand for polymeric adsorbents across various sectors, including pharmaceuticals, water treatment, and air purification, thus contributing significantly to the regional market share. The presence of key market players and their continued investments in research and development further bolster the market's growth in the United States. Additionally, stringent environmental regulations and a growing emphasis on sustainable practices drive the adoption of polymeric adsorbents in the region. Overall, North America, primarily led by the United States, remains a dominant force in the global market, with a substantial market share.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

market size for polymeric adsorbents reached USD 93 million in revenue in 2022 and is estimated to expand at over 4.7% CAGR from 2023-2032 attributed to the increasing environmental regulations and diverse industrial applications.

Aromatic polymeric adsorbents market held around 39% revenue share in 2022 and is projected to witness high demand through 2032 owing to their wide application scope in water treatment, food and beverage processing, and pharmaceuticals.

North America accounted for around 34.4% of the polymeric adsorbents market revenue share in 2022 and is projected to expand at robust growth rate through 2032 owing to the presence of the major industrial hub in the region

Some of the leading polymeric adsorbent companies are Purolite Corporation, Mitsubishi Chemical Corporation, Thermax Global, Lanxess AG, The Dow Chemical Company, and Resintech Inc.

Polymeric Adsorbents Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 136
  • Countries covered: 22
  • Pages: 120
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