The Polymer Adsorbents Market size is anticipated to grow from USD 119 million in 2023 to USD 161 million by 2028, with a CAGR of 6.18% over the forecast period 2023 and 2028.
This is mainly attributed to the increasing use of polymeric adsorbents for the separation of antibiotics, proteins, and other compounds from aqueous organic solutions in pharmaceutical applications. These polymers offer useful properties such as improved porosity, high durability, and greater surface area compared to conventional adsorbents. Because of their excellent physicochemical properties and adsorption characteristics, various types of polymeric adsorbents are used in various end-user industries such as pharmaceuticals, food, beverage, and others to treat phenolic waste. Further, depending on the operational requirements, properties such as mechanical strength, adsorption capacity, and selectivity can be changed.
The polymer adsorbents market is expected to experience significant growth due to the increasing consumption of polymeric adsorbents in pharmaceutical, food, and industrial applications as an alternative to powdered activated carbon. In addition, government authorities, like the USFDA and Cefic, have produced stringent regulations on the purification and separation processes for pharmaceuticals and food and beverages. Such attributes have resulted in the consumption of polymeric adsorbents. Polymer adsorbents are majorly used for purification and separation operations in the food and pharmaceutical industries. Purification of pharmaceuticals, such as antibiotic-activated pharmaceutical ingredients (APIs) and food and drink products, including citrus juices and vitamins, involves the removal of unwanted components and the extraction of purified products of High quality. Polymeric adsorbents have the ability to extract components without contamination more efficiently than other adsorbents. In addition, they are very resistant to caustic and acidic conditions. These factors make them desirable for the purification and separation of food, drink, and pharmaceuticals and in turn drive the market.
The high cost of polymeric adsorbents compared to powdered activated carbon and the unfavorable conditions that arise because of the COVID-19 outbreak are hampering the market growth. Polymeric adsorbents are polymer beads made mainly of polystyrene with a sulfonate group to form cation exchangers or amine groups to form anion exchangers. Polystyrene is a polymeric aromatic hydrocarbon polymer made from a styrene monomer. Therefore, the availability and price of polystyrene are directly affected by fluctuating trends in the petroleum industry. The polymer adsorbents market has skilled variation price trends due to uncertain raw material prices and the volatile cost of energy and logistics.
Polymeric adsorbents are used in industrial applications for phenol and substituted phenol removal from aqueous and non-aqueous streams, recovery of heterocyclic amines, purification of alkanolamines, recovery of benzene, toluene and xylene, decolonization organic flows and effluents from aquatic plants Purification of kraft pulp and hydrogen peroxide. Strict government regulations on the emission of flue gases and toxic gases are forcing chemical industries around the world to adopt better adsorption technologies in purification processes. Thus, polymeric adsorbents are preferred as they are superior to activated carbon in terms of mean pore diameter. These attributes are expected to create lucrative growth opportunities for polymer adsorbent producers in the future.
Developing economies lack developed economies in terms of regulatory emissions standards and water quality standards which is challenging the growth of the polymer adsorbents market in APAC, the Middle East, Africa, and in South America. The lack of proper procedures to remove pollutants from the agricultural industry and other industrial effluents increases water pollution and hence the spread of disease. These emerging economies have great potential for the use of polymeric adsorbents for purification applications. The lack of strict regulations and standards governing wastewater treatment in these countries challenges the demand for polymeric adsorbents and limits the growth of these adsorbents in emerging economies.
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REPORT METRIC |
DETAILS |
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Market Size Available |
2022-2028 |
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Base Year |
2022 |
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Forecast Period |
2023-2028 |
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CAGR |
6.18% |
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Segments Covered |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
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Market Leaders Profiled |
DuPont de Nemours, Inc. (US), Mitsubishi Chemical Corporation (Japan), Purolite Corporation (US), Chemra GmbH (Germany), Sunresin New Materials Co. Ltd. (China), Lanxess AG (Germany), and Thermax Limited (India), amongst others. |
Aromatic (crosslinked polystyrene matrix)
Modified aromatic (brominated aromatic matrix)
Methacrylic (methacrylic ester copolymer)
Phenol formaldehyde
Aromatics is expected to be the most important segment of the polymer adsorbent market. The large surface area, controlled pore size distribution and high chemical and physical stability increase its importance in a wide range of applications in the pharmaceutical and food and beverage industries.
Pharmaceutical
Food & Beverage
Industrial
Others (including agriculture, and textile)
The pharmaceutical segment is anticipated to be the largest segment of the polymer adsorbent market. The growth of this segment is mostly attributed to the strong demand for polymeric adsorbents in the purification of antibiotics, enzymes, bulk drugs, and vaccines. Polymeric adsorbents offer wide advantages, such as more adsorption capacity and increased physical and chemical stability, over powdered activated carbon and are therefore preferred in the pharmaceutical industry.
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Asia-Pacific is expected to be the dominant market for polymer adsorbents and is expected to experience the highest CAGR during the period due to the rapid industrialization in the region.
The high use of polymeric adsorbents as an adsorption medium in the growing food industry is expected to drive regional growth. In addition, the increasing use of polymer adsorbents for the treatment of industrial wastewater containing heavy metals such as arsenic, lead, and others is also expected to support the growth of the regional market.
China is expected to dominate regional demand due to the presence of large end-user industries. Other Southeast Asian countries are also expected to drive regional growth due to increased demand for polymeric adsorbents in various end-user industries such as textiles and chemicals.
India is expected to experience significant growth during the period due to the intensive use of polymeric adsorbents for the removal of harmful organic pollutants from industrial effluents, as well as strict regulations in the region. In addition, the various applications of polymeric adsorbents, such as perfume extraction, bleaching of sweeteners, removal of limonene from citrus juices, and others, create an increase in regional demand.
In 2020, the polymer adsorbents market was least affected by the COVID-19 pandemic with a nominal decrease in its CAGR. In addition, the market has been hampered due to the slowdown in raw material production, supply chain disruption, and hampered business movements in 2020. In the first quarter of 2021, the polymer adsorbents market experienced a boom. increased demand for the purification of pharmaceutical products. , industrial, food, and beverage industries, in the world, compared to 2020. The high cost of polymeric adsorbents compared to powdered activated carbon and the adverse conditions due to the COVID-19 epidemic are hampering the market growth.
Recent Developments:
In January 2020, DuPont launched the acquisitions of Desalitech, inge GmbH, Memcor and OxyMem Limited, adding to its leading portfolio of water separation and purification technologies, including ultrafiltration, reverse osmosis, and ion exchange resins.
In May 2019, Sunresin New Materials launched a unit in Shaanxi Province, China. The new facility added 20,000 tonnes of capacity for ion exchange resins and adsorbers. An increase in demand for these products from electronics, food processing, and industrial and drinking water applications prompted the company to undertake this initiative.
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