Polymeric Adsorbents Market size is forecast to reach $136 Million by 2025, after growing at a CAGR of 7.6% during 2020-2025. Polymeric adsorbents are used for air separation, water treatment application, and drying purpose. These adsorbents are referred to as synthetic adsorbents. They possess various useful features such as excellent adsorption capacity, high pore size, and hydrophobicity. Growing public interest towards sustainable and environment-friendly products will create small hurdles for market demand of Polymeric Adsorbents during the forecast period.
Key Takeaways
- Asia-Pacific dominates the polymeric adsorbents market owing to increasing demand from applications such as Chlorinated solvents removal, purification of alkanoalmines among others.
- The growing popularity for water treatment using polymeric adsorbents, is likely to aid in the market growth of Polymeric Adsorbents
- Implementation of stringent government regulations related to water and air treatments will increase the overall market demand for Polymeric Adsorbents in the near future.
- Whereas other concerns such as water wastage on large scale will create hurdles for polymeric adsorbent market.
Product - Segment Analysis
Aromatic (Cross-linked Polystyrene Matrix) segment held the largest share in the polymeric adsorbents market. Aromatic polymer adsorbent resin can be used for a wide variety of food processing applications to both recover high value materials, including proteins, and to purify and decolorize food and food additive streams. In addition, the resin is an excellent choice for separation and purification of small molecular weight compounds such as antibiotics, vitamins, steroids, amino acids, enzymes and peptides. It has excellent physical resistance and thermal stability making it ideal for use in column or batch systems over a large number of process cycles.
Application – Segment Analysis
Chlorinated solvents removal method holds the largest market share in the application segment as they are used for cleaning solutions in paint thinners, pesticides, resins, glues and others. Chlorinated solvents are a large family of chemical compounds that contain chlorine, for example, carbon tetrachloride (carbon tet), trichloroethylene (TCE), or methylene chloride. Their chlorine-containing chemical structure helps them: to efficiently dissolve organic materials like fats and greases and to serve as raw materials or intermediates in the production of other chemicals. Workers can be exposed to chlorinated solvents through the absorption of solvents, through inhalation and skin contact. Inhalation is the most common form of workplace exposure, because the solvents can readily evaporate. Skin contact is another important route of exposure in the workplace. Owing to this its use for removal of chlorinated solvents becomes so much important due to which the market demand for polymeric adsorbents market is growing.
End Use - Segment Analysis
Pharmaceutical sector has been the primary market for Polymeric Adsorbents. Polymeric adsorbents are widely consumed in the pharmaceutical industry for separation and purification of antibiotics, enzymes, and others. Antibiotics, peptides, proteins and other compounds can be efficiently removed through the use of polymeric adsorbents. In many instances, pore structure of the resin can be used to maximize the removal of smaller molecules while excluding smaller molecules. Because adsorbent resins are hemocompatible, they are often used to separate compounds from blood and other biologic fluids such as cytokines and β2-microglobulin, while keeping serum proteins intact. Owing to this the market demand for Polymeric adsorbents are increasing.
Geography - Segment Analysis
APAC dominated the Polymeric Adsorbents Market with a share of more than xx%, followed by North America and Europe. Growing demand for polymeric adsorbent from developing countries such as India, Japan, and China are likely to push market growth during forecast period. Also, countries such as India and China are helping in production of cost effective polymeric adsorbent due to presence of cheap labour and favourable government policies in terms of tax benefits. Whereas large demand of plomeric adsorbent in the different end use such as food & beverages, pharmaceutical, among others are driving the market demand for polymeric adsorbent market.
Drivers – Polymeric Adsorbents Market
- Growing demand due to its applications
Polymeric Adsorbents have so many applications such as Heterocyclic amines removal, Purification of alkanoalmines, Sugar decolorization and others are driving polymeric adsorbents market. Heterocyclic amines chemicals formed when muscle meat, including beef, pork, fish, or poultry, is cooked using high-temperature methods, such as pan frying or grilling directly over an open flame, owing to this the removal of this chemical becomes so important for human health. Similary for different applications it works.
- Implementation of Stringent Regulations
Governments Stringent regulations towards water treatment will increase the overall market demand for Polymeric Adsorbents in the near future. The removal of contaminants from wastewaters is a major challenge in the field of water pollution. Among numerous techniques available for contaminant removal, adsorption using solid materials, named adsorbents, is a simple, useful and effective process. The adsorbent matter can be mineral, organic or biological. Activated carbon is the preferred, conventional material at the industrial scale.
Challenges – Polymeric Adsorbents Market
- Impact of COVID 19 on Polymer Adsorbents
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for Polymeric Adsorbents.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Polymeric Adsorbents Market. In 2019, the market of Polymeric Adsorbents has been consolidated by the top five players accounting for xx% of the share. Major players in the Polymeric Adsorbents Market are Chemra GmbH, Mitsubishi Chemical Holdings Corporation, Purolite Corporation, Sunresin New Materials Co. Ltd., The DOW Chemical Company among others.
Acquisitions/Technology Launches
- In May 2018, Pittsburgh-based Calgon Carbon Corp. has officially been acquired by Kuraray Co. Ltd., a Japanese manufacturing conglomerate. Calgon builds purification systems for water, air and food through activated carbon.
