(MENAFN- PR Newswire) Simply Because Polymeric Adsorbents Is Very Selective, Stable, And Adsorbent, It Will Create lucrative opportunities for the global Polymeric Adsorbents Market.
PUNE, India, May 26, 2023 /PRNewswire/ --
Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Polymeric Adsorbents Market.
The polymeric adsorbents market is expected to grow at 6.09% CAGR from 2023 to 2029. It is expected to reach above USD 200.09 million by 2029 from USD 117.50 million in 2022.
Polymeric adsorbents are polymer beads primarily composed of polystyrene that have been combined with amine groups to create sulfonate groups, which are then used to create cation exchangers and anion exchangers. Comparatively speaking to other adsorbents, polymeric adsorbents may efficiently remove components without any contamination. Additionally, they have a high level of resistance to caustic and acidic environments.
During the treatment of effluent and phenolic wastes, the polar and nonpolar character of polymeric adsorbents enables to recover sizable amounts of reusable chemicals that pay more for waste treatment. The elimination of TNT residues, chlorinated insecticides, and other toxic substances from water supplies and waste effluents are other relevant uses.
Request a Sample PDF Including Full TOC, a List of Tables & Figures, and a Chart:
The largest portion of the global Polymeric Adsorbents Market is accounted for by Asia Pacific
Polymeric Adsorbents Market News
DuPont successfully acquired Memcor, Desalitech, inge GmbH, and OxyMem Limited in January 2020, expanding its market-leading portfolio of separation technologies, which already included reverse osmosis, ultrafiltration, and ion exchange resins and water purification. In November 2021, Shad et al. from Hazara University Pakistan in collaboration with the University of Birmingham UK evaluated zinc (Zn) nanoparticles produced by Green to remove metolachlor and acetochlor pesticides from water. In this study, Mentha leaf extracts were employed to produce Zn nanoparticles by acting as reducing agents. It was discovered that the 36 nm Zn nanoparticles that were created had good crystallinity and purity. Since they have a large surface area and a lot of adsorption sites, nanoparticles can be employed as herbicide adsorbents. Membranes that are less likely to be immediately hydrolyzed or oxidised were helped by nanoparticles.
Due to the region's fast industrialization and expanding use in the food and beverage industries, Asia-Pacific now holds a dominant position in the market for polymeric adsorbents.
The market has expanded as a result of a major breakthrough in polymeric adsorbents technology. Synthetic materials called polymeric adsorbents are useful for adsorbing a wide variety of substances. During the forecast period, the market for polymeric absorbents is expected to rise at a faster rate due to the growing use of polymer adsorbents, particularly in the food and beverage and pharmaceutical industries.
Due to the increasing demand for the removal of proteins, antibiotics, and other chemicals from organic aqueous solutions in pharmaceutical applications throughout the projected period of 2022–2029, the "pharmaceutical industry" is the end user segment with the highest growth rate. Additionally, these absorbents are utilised in a variety of end-use sectors, such as those that treat water, air, chemicals, and petrochemicals.
Increase in Green Chemistry Trend to Support Market Growth for Polymeric Adsorbents Market.
Materials Market Price
The market for adsorbents will continue to rise due to rising environmental laws, increasing demand for bio-based adsorbents, and other factors.
Another reason that is projected to propel the growth of the global adsorbent market is the pharmaceutical industry's expanding requirement for polymeric adsorbents to extract antibiotics, peptides, proteins, and other compounds.
Increase In Ceramic Matrix Composites Investment
Growing demand for polymeric adsorbents in the textile industry, along with inventive developments in the production of hybrid polymeric adsorbents suitable for both inorganic and organic aqueous solutions, will further open up lucrative opportunities for the major market players in the polymeric adsorbents market.
Additionally, the synthetic polymeric adsorbents used in the extraction processes allow for reduced solvent usage; as a result, it is a cost-effective and safe technology that will open up tremendous prospects for the expansion of polymeric adsorbents on a global scale.
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2023–2029 |
| Base Year | 2022 |
| Market Size in 2022 | USD 117.50 million |
| Market Size in 2029 | USD 200.09 million by 2029 |
| CAGR | 6.09
% |
| No. of Pages in Report | 125 |
| Segments Covered | Type, End User, Applications and Region |
| Drivers | The pharmaceutical sector is using polymeric adsorbents more and more. The need for polymeric adsorbents is growing in the food and beverage industry. |
| Restraints | Existence of alternatives A concern towards the environment |
| Opportunities | Industrial uses for phenol and substituted phenol Polymeric adsorbent use is expanding in the textile sector Government Investments in Polymeric Adsorbents Market Projects |
|
Challenges
| Expensive raw materials Strict government guidelines |
Top Key Players of Market Ceramic Matrix Composites Market
Purolite
(U.S.) DOW (U.S.) CHEMRA COMPANY (Germany) Sunresin New Materials Co. Ltd. (China) Thermax Limited (India) Suzhou Nanomicro Technology Co., Ltd (China) Tianjin Nankai Hecheng Science & Technology Co., Ltd (China) Mitsubishi Chemical Corporation (Japan) Ajinomoto Fine-Techno Co.,Inc.
(Japan) Amicogen (China) Biopharm Co., Ltd.
(China)
Browse Detailed Summary of Research Report with TOC
Key Market Segments: Ceramic Matrix Composites Market
Polymeric Adsorbents Market By Type, 2023-2029, (USD Million), (Thousand Units)
Aromatic Modified Aromatic Methacrylic
Polymeric Adsorbents Market By End User, 2023-2029, (USD Million), (Thousand Units)
Pharmaceutical Food &Beverages Industrial Wastewater Treatment Cosmetics
Polymeric Adsorbents Market By Application, 2023-2029, (USD Million), (Thousand Units)
Chlorinated Solvents Removal Heterocyclic Amines Removal Purification Of Alkanoalamines
Polymeric Adsorbents Market By Region, 2023-2029, (USD Million), (Thousand Units)
North America Asia Pacific Europe Latin America Middle East and Africa
Market Dynamics
Market Drivers
Increasing need for Polymeric Adsorbents in the Pharmaceutical Sector
The polymeric adsorbents market is anticipated to have the largest end user industry as the pharmaceutical industry. The significant demand for polymeric adsorbents to filter pharmaceutical products, including Active Pharmaceutical Ingredients (APIs) and antibiotics, enzymes, bulk medicines, and vaccines, is principally responsible for the pharmaceutical industry's expansion. Due to their many advantages over powdered activated carbon, including strong physical and chemical stability and high adsorptive capacity, polymeric adsorbents are preferred in the pharmaceutical industry, which is predicted to propel the market's growth.
Polymeric adsorbent demand is increasing in the food and beverage sector
The demand for C.M.C.s from the aerospace industry is also boosting the market for ceramic composites globally. Ceramic matrix composite is frequently used in the aerospace industry to make components for aircraft, such as engine nozzles, nose caps, tail cones, fins, rudders, leading edges, body flaps, and panels. According to the S.A.E. Global study, due to their numerous benefits, C.M.C. parts are developed for popular aircraft including the Boeing 737 MAX, Airbus 320neo, Boeing 777x, and GE9X high-bypass turbofan engines.
An Increase In The Demand For Lightweight And Fuel-Efficient Automobiles
For separating and purifying processes, polymeric absorbents are primarily employed in the food and beverage sectors. The use of polymeric adsorbents to extract pure, high-quality goods and remove undesirable elements is spreading quickly across the globe. Polymeric adsorbents are resistant to acidic and caustic environments while also absorbing substances like vitamins and citrus juices without contaminating them. The market is anticipated to increase as a result of the rising demand for polymeric adsorbents in foods and beverages. Additionally, rising demand from emerging economies, expanding use of polymeric adsorbents due to their high efficiency and affordability, and increasing need for waste water management are some of the key factors anticipated to propel the growth of the polymeric adsorbents market during the forecast period of 2023–2029.
Market Restraint
Existence of alternatives
The availability of conventional alternatives, like activated carbon and others, which share similar performance characteristics, is projected to place a cap on the market for polymeric adsorbents.
A concern towards the environment
The increased usage of polymeric adsorbents has had a negative effect on the environment since adsorbent use causes significant water waste. As a result, numerous rules are being imposed by the government, which limits the use of adsorbents. The market for polymeric adsorbents is being further hampered by this factor.
Market Opportunity
Polymeric adsorbent use is expanding in the textile sector
Growing demand for polymeric adsorbents in the textile industry, along with inventive developments in the production of hybrid polymeric adsorbents suitable for both inorganic and organic aqueous solutions, will further open up lucrative opportunities for the major market players in the polymeric adsorbents market. Additionally, the synthetic polymeric adsorbents used in the extraction processes allow for reduced solvent usage; as a result, it is a cost-effective and safe technology that will open up tremendous prospects for the expansion of polymeric adsorbents on a global scale.
Frequently Asked Questions
what is the worth of polymeric adsorbents market? what is the size of the north america polymeric adsorbents industry? what are some of the market's driving forces? which are the top companies to hold the market share in polymeric adsorbents market? what is the leading application of polymeric adsorbents market? which is the largest regional market for polymeric adsorbents market?
Have a Look at Chemical and Material Domain Research Reports: Exactitude Consultancy
colorants market
by form (pigments, dyes, masterbatches, colour concentrates), end user (packaging, building and construction, automotive, textiles, paper and printing) and by Region (North America, Asia Pacific, South America, Europe, Middle East and Africa), Global Trends and Forecast from 2018 to 2028
pigments market
by Type (Organic Pigments (AZO, Phthalocyanines, High Performance) & Inorganic Pigments (Iron Oxide, Carbon Black & Others), by Color (Red, Yellow, Orange, Brown, Phthalocyanine Blue and Green) and Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global trends and forecast from 2020 to 2029
smart ppe market
by Type (Smart PPE without Electronics, Smart PPE with Electronics), Product Type (Protective Clothing, Head, Eye, and Face Protection, Protective Footwear, Hand Protection, Hearing Protection, Respiratory Protection), End User (Healthcare Facility, Manufacturing, Fire Fighting, Oil & Gas, Mining), Sales Channel and by Region, Global Trends and Forecast from 2023 to 2031
About Exactitude Consultancy
Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
Contact us
for your special interest research needs at [email protected] and we will get in touch with you within 24hrs and help you find the market research report you need.
Website:
Contact:
Irfan Tamboli
[email protected]
+91-7507-07-8687
Logo:
SOURCE Exactitude Consultancy
MENAFN26052023003732001241ID1106323126