Polymeric Adsorbents Market Size And Forecast

Polymeric Adsorbents Market was valued at USD 107.64 Million in 2019 and is projected to reach USD 188.18 Million by 2027, growing at a CAGR of 7.8% from 2020 to 2027.

Growing applications of polymeric adsorbents in emerging economies of APAC in particular and rising importance in purifications in the pharmaceutical and food & beverage industries are two main factors responsible for the growth of the global market. The Global Polymeric Adsorbents Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Polymeric Adsorbents Market Definition

Polymeric adsorbents are synthetic components with a porous nature and high surface area. It has the ability to adsorb a wide range of chemical compounds. There are various factors that affect the forces which initiate the interaction of molecules. These can be van der Waals forces, hydrogen bonds, ionic interactions, and hydrophobic interactions. Polymeric adsorbents are used for air separation, water treatment application, and drying purposes. These adsorbents are referred to as synthetic adsorbents. They possess various useful features such as excellent adsorption capacity, high pore size, and hydrophobicity.

Adsorbents are employed for removing and controlling trace contaminants due to various industrial processes including the production of sulfur fuels. These adsorbents are widely used in various applications. Removal of mercury in large scale crude oil/natural gas wellhead and insulation of glass window are some of the examples. Moreover, adsorbents play a vital role in the process aimed to manufacture modern-day specialized products. These polymers offer useful properties such as improved porosity, high durability, and more surface area compared to conventional adsorbents. Because of excellent physicochemical properties and adsorption features, several types of polymer adsorbents are employed in several end-user industries like pharmaceuticals, food & beverages, and others to treat phenolic wastes.

Global Polymeric Adsorbents Market Overview

Growing applications of polymeric adsorbents in emerging economies of APAC in particular and rising importance in purifications in the pharmaceutical and food & beverage industries are two main factors responsible for the growth of the global market. The adsorbent is being widely used in various end-use industries including chemicals, water, and air treatment, and petrochemicals. Demand for polymeric adsorbent is rising from the Middle East and Latin America, and Asia Pacific. The trend has been continuing from past years and likely to continue over the forthcoming years.

In addition, the increased use of polymeric adsorbents in separation and purification processes to manufacture high-quality products and simultaneously remove non-toxic industrial effluents is expected to surge the demand for the product during the period. 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 more surface area compared to conventional adsorbents. Because of excellent physicochemical properties and adsorption features, several types of polymer adsorbents are employed in several end-user industries like pharmaceuticals, food & beverages, and others to treat phenolic wastes. Also, depending on the operational requirements, properties such as mechanical strength, adsorption capacity, selectivity can be varied.

However, concerns pertaining to the environment in regard to the use of polymeric adsorbent are increasing. The use of adsorbent is resulting in water wastage on large scale. Hence, government bodies are forming regulations restricting the use of adsorbents. This may restrain the growth of the market.

Global Polymeric Adsorbents Market: Segmentation Analysis

The Global Polymeric Adsorbents Market is segmented on the basis of Product, End-use Industry, and Geography.