Resource KT
Related Articles
DUBLIN – (COMMERCIAL THREAD)–The “Polymer Adsorbents Market – Growth, Trends, COVID-19 Impact, and Forecast (2021 – 2026)” the report was added to ResearchAndMarkets.com offer.
The polymer adsorbents market is expected to grow at a CAGR of over 6% globally. One of the main drivers of the market studied is the growing demand for polymer adsorbents in purification processes in the food and pharmaceutical industries, as well as the increasing use of the product in separation and purification processes. On the other hand, the high cost of polymer adsorbents compared to powdered activated carbon and the unfavorable conditions due to the COVID-19 outbreak are hampering the market growth.
Companies mentioned
-
Purolite
-
DuPont
-
Thermax Limited
-
LANXESS
-
Mitsubishi Chemical Corporation
-
CHEMRA COMPANY
-
Sunresin New Materials Co. Ltd., Xi’an
-
Suzhou Nanomicro Technology Co., Ltd.
-
Tianjin Nankai HECHENG S&T Co., Ltd
Key market trends
Growing demand for purification processes in the food and pharmaceutical industries
-
The increasing use of polymer adsorbents, especially in the pharmaceutical and food industry, is expected to drive the market growth on a global scale. This is mainly attributed to the increasing use of polymeric adsorbents for the separation of antibiotics, proteins and other compounds from organic aqueous solutions in pharmaceutical applications.
-
These polymers offer useful properties such as improved porosity, high durability and greater specific surface area compared to conventional adsorbents. Due to excellent physicochemical properties and adsorption characteristics, several types of polymeric adsorbents are used in several end user industries such as pharmaceuticals, food and beverage and others to treat phenolic waste.
-
In addition, depending on the operational requirements, properties such as mechanical strength, adsorption capacity, selectivity can be changed.
-
In addition, the increased use of polymeric adsorbents in separation and purification processes to produce high quality products and simultaneously remove non-toxic industrial effluents is expected to increase demand for the product during the period.
Asia-Pacific region will dominate the market
-
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 increased use of polymeric adsorbents as an adsorption carrier in the growing food industry is expected to drive regional growth. In addition, the increasing use of polymer adsorbents for industrial wastewater treatment containing heavy metals like arsenic, lead and others is also expected to support the growth of the regional market.
-
The increasing use of polymeric adsorbent resins due to their properties such as hemocompatibility for the separation of compounds from blood and other biological fluids in pharmaceutical applications is expected to drive demand in the region.
-
China is expected to lead 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 several end-user industries such as textiles and chemicals. For example, industrial production in China grew by 6.3% in 2018, while in India a similar trend with a growth rate of 3.4% was observed in the first half of 2019.
-
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, coupled with the region’s stringent standards. In addition, the various applications of polymeric adsorbents such as perfume extraction, bleaching of sweeteners, removal of limonine from citrus juices and others create an increase in regional demand.
-
Due to the aforementioned factors, the demand for polymeric adsorbents is expected to increase in the region during the forecast period.
Main topics covered:
1. INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing demand for purification processes in the food and pharmaceutical industries
4.1.2 Growing use of the product in separation and purification processes
4.2 Constraints
4.2.1 High cost of polymer adsorbents compared to powdered activated carbon
4.2.2 Adverse conditions due to the COVID-19 epidemic
4.3 Industry Value Chain Analysis
4.4 Porters Five Forces Analysis
5.1 Type
5.2 Application
5.3 End-user industry
5.4 Geography
6 COMPETITIVE LANDSCAPE
6.1 Mergers and acquisitions, joint ventures, collaborations and agreements
6.2 Market share (%) / Ranking analysis
6.3 Strategies adopted by the main actors
6.4 Company profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information on this report, visit https://www.researchandmarkets.com/r/ngtp92
