Polymeric Adsorbents Market worth $170 million by 2028 – At a CAGR of 5.5%

As per the recently published report by MarketsandMarkets™, The “Polymeric Adsorbents Market by Type (Aromatic (Crosslinked Polystyrenic Matrix), Modified Aromatic (Brominated Aromatic Matrix), Methacrylic (Methacrylic Ester Copolymer), and Phenol Formaldehyde), End-Use Industry, and Region – Global Forecast to 2028″, size is projected to grow from USD 130 million in 2023 to USD 170 million by 2028, at a CAGR of 5.5% from 2023 to 2028.

According to Chemra GmbH, a polymeric adsorbent producer based in Germany, polymeric adsorbents are highly porous polymers with internal surface areas that can reach up to 1400 m2/g. Depending on their composition and structure, they can effectively adsorb a wide range of complex molecules. Polymeric adsorbents find specialized applications in fields like chemical processing for industrial applications, food and beverage processing, and pharmaceuticals. The expansion of the polymeric adsorbents market is primarily driven by the growth of the global pharmaceutical and food & beverage industries. However, the market’s growth may be hindered by factors such as the relatively higher cost of polymeric adsorbents.

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• 173 Market data Tables
• 39 Figures
• 219 Pages and in-depth TOC on “Polymeric Adsorbents Market – Global Forecast to 2028”

This report also provides a comprehensive analysis of the companies listed below:

The major players in polymeric adsorbents market include 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. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the polymeric adsorbents market.

Recent Developments in Polymeric Adsorbents Market Industry

• In September 2023, Lanxess introduce a new mixed-bed resin tailored to produce pure water in semiconductor manufacturing.
• In January 2021, Lanxess invested between USD 97 million-145 million (EUR 80 million-120 million) in constructing a new production facility for ion exchange resins and adsorbents.
• In September 2023, DuPont launched the first ion exchange resin for the production of green hydrogen.
• In 2021, Ion Exchange (India) Ltd. was awarded a contract by the state water supply and sanitation mission for Namami Gange, and the Rural Water Supply Department as part of the Jal Jeevan Mission.
• In January 2020, DuPont completed the acquisitions of Desalitech, inge GmbH, Memcor, and OxyMem Limited, thereby adding to its leading portfolio of water purification and separation technologies, including ultrafiltration, reverse osmosis, and ion exchange resins.

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Polymeric adsorbents, categorized by type, include aromatic (crosslinked polystyrenic matrix), modified aromatic (brominated aromatic matrix), Methacrylic (methacrylic ester copolymer), and phenol formaldehyde. Among these, aromatic is projected to maintain its dominance in the polymeric adsorbents market by 2028 in terms of value. This preference for aromatic (cross-linked polystyrenic matrix) polymeric adsorbents can be attributed to their high hydrophobicity, exceptional adsorption capacity, and favorable pressure and flow characteristics. These qualities have resulted in an increased usage of these adsorbents in sectors such as pharmaceuticals and food & beverages.

In the polymeric adsorbents market, the pharmaceutical sector is anticipated to claim the largest share during the forecast period. This preference for polymeric adsorbents within the pharmaceutical industry is attributed to their exceptional chemical and physical stability, distinctive pore size distribution, and their effectiveness in adsorbing less hydrophobic materials. The growth of this segment is primarily driven by stringent regulatory standards aimed at ensuring the high purity and quality of pharmaceutical products. These regulations have consequently heightened the demand for polymeric adsorbents in the purification processes of pharmaceutical products, including antibiotics and enzymes.

By region, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific is the dominant region in the polymeric adsorbents market, during the forecast period. Factors such as the growth of the industrial and pharmaceutical sector and the shifting of the manufacturing facilities to India, China, and Japan support the market growth in APAC. China is the leading market in the region. Growing industrialization, low raw materials, and labor cost are a few factors that drive the polymeric adsorbents market in these countries.

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