Polymeric Adsorbents Market Revenue 2021 – Top Trends Driving Industry Expansion By 2028
The market report “Polymeric Adsorbents Market by Types (Aromatic (Crosslinked Polystyrenic Matrix, Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer, and Phenol Formaldehyde), Processes (Gravure, Flexography, Off-Set, and Digital), Applications (Chlorinated Solvents Removal, Heterocyclic Amines Removal, Purification of Alkanoalmines, Sugar Decolorization, Anthocyanin Removal, and Other Applications), End Users (Agriculture, Cosmetics, Food & Beverage, Industrial, Military & Defence, Pharmaceutical & Bioprocessing, Textile, and Wastewater Treatment) and Region – Forecast to 2028”. The polymeric adsorbents market is growing at a CAGR of 7.6% by 2028, owing to the increasing inclination for polymeric adsorbents in emerging regions.
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Based on type, the aromatic segment is estimated to grow at highest CAGR segment during the study period.
On the basis of type, the market is categorised into aromatic (crosslinked polystyrenic matrix, modified aromatic (brominated aromatic matrix), methacrylic (methacrylic ester copolymer, and phenol formaldehyde. Aromatic segment is estimated to be the fastest growing market segment strongly driven by its excellent physical resistance and thermal stability making it ideal for use in column or batch systems over a large number of process cycles.
By geography, Asia Pacific is expected to dominate the market
On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is experiencing a dominant position in the polymeric adsorbents market. This is mainly attributed by huge disposable income, growing public and private sector investments, growing population across the region. Moreover, China, India are theare experiencing substantial growth in the pharmaceutical and food & beverage industries.
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The key players in this market are Ajinomoto Fine-Techno Co., Inc, Amicogen Biopharm Co. Ltd., Chemra GmbH, DuPont de Nemours, Inc, Lanxess AG, Merck KGaA, Mitsubishi Chemical Corporation, Ningbo Zhengguang Resin Co. Ltd, Purolite Corporation, Samyang Corp, Sorbent Technologies, Inc, Sunresin New Materials Co. Ltd, Suquing Group, Suzhou Nanomicro Technology Co., Ltd, The Dow Chemical Company, Thermax Limited, and Tianjin Nankai HECHENG S&T Co.,Ltd.
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