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Polymeric Adsorbents Market Size

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

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Polymeric Adsorbents Market Size

Polymeric Adsorbents Market was valued at USD 93 million in 2022 and is anticipated to grow a CAGR of over 4.7% between 2023 and 2032.

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The polymeric adsorbents industry is experiencing steady growth driven by increasing environmental regulations, diverse industrial applications, and the efficiency and selectivity advantages offered by these materials. Ongoing research and development efforts continue to expand the market, enabling the creation of specialized polymeric adsorbents tailored to specific applications. Sustainability and the demand for eco-friendly, reusable adsorbents further contribute to the market's upward trajectory.

Polymeric Adsorbents Market Report Attributes
Report Attribute	Details
Base Year:	2022
Polymeric Adsorbents Market Size in 2022:	USD 93 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	4.7%
2032 Value Projection:	USD 145.8 Million
Historical Data for:	2018 – 2022
No. of Pages:	120
Tables, Charts & Figures:	136
Segments covered:	Type, End user & Region
Growth Drivers:	Widespread Industrial Applications Efficiency and Selectivity Increasing environmental regulations
Pitfalls & Challenges:	Competition from Other Adsorbent Types

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However, challenges include competition from other adsorbent types, cost considerations, performance variability, and limited regeneration capabilities, which require industry players to address these issues to maintain competitiveness. Overall, the polymeric adsorbents industry is poised for expansion as it serves the growing need for effective separation and purification solutions across various industries.

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.