Polymeric Adsorbents Market by Type, Modified Aromatic, Methacrylic), End-Use Industry And Region - Global Forecast to 2022
NEW YORK, Sept. 18, 2017 /PRNewswire/ -- "The polymeric adsorbents market is projected to grow at a CAGR of 7.9% from 2017 to 2022"
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The polymeric adsorbents market was valued at USD 86 million in 2016 and is projected to reach USD 135.20 million by 2022, at a CAGR of 7.9% from 2017 to 2022. Polymeric adsorbents, also known as synthetic adsorbents, are used in various applications in different end-use industries, such as pharmaceutical and food & beverages. These adsorbents are used as an alternative to powdered activated carbon, owing to their high adsorption capacity, excellent chemical and physical stability, and cleaner operations, which is expected to drive the market during the forecast period.
However, high prices of polymeric adsorbents as compared to other adsorbents is a major challenge for the growth of the polymeric adsorbents market. Slow economic growth in South America and Europe can restrain the growth of the polymeric adsorbents market to some extent.
"Among types, the aromatic (cross-linked polystyrenic matrix) segment is expected to be the largest segment of the market during the forecast period"
Among types, the aromatic (cross-linked polystyrenic matrix) segment of polymeric adsorbents market is projected to be the largest segment of the market between 2017 and 2022. The high demand for aromatic (cross-linked polystyrenic matrix) polymeric adsorbents in the pharmaceutical industry in separation and purification processes of antibiotics such penicillin, ampicillin, etc., is expected to drive the growth of the segment. The modified aromatic (brominated aromatic matrix) segment of the polymeric adsorbents market is projected to witness the highest growth between 2017 and 2022. Polymeric adsorbents offer superior properties, such as high hydrophobicity, excellent adsorption capacity, and high pore size. These properties have led to the high consumption of these adsorbents in pharmaceutical and food & beverages industries.
"The Asia Pacific polymeric adsorbents market is projected to witness the highest growth during the forecast period.
The Asia Pacific polymeric adsorbents market is projected to witness the highest growth from 2017 to 2022. The high growth of the Asia Pacific polymeric adsorbents market can be primarily attributed to the increased use of polymeric adsorbents in pharmaceutical and food & beverages end-use industries. Moreover, the presence of the key manufacturers of polymeric adsorbents and the increased demand for polymeric adsorbents from various end-use industries is expected to drive the growth of the Asia Pacific polymeric adsorbents market during the forecast period.
Breakdown of the profiles of primary interviews for the report on the polymeric adsorbents market
• By Company Type – Tier 1 – 45%, Tier 2 –22%, and Tier 3 – 33%
• By Designation – C Level – 50%, Director Level – 10%, and Others – 40%
• By Region – Europe – 50%, Asia Pacific – 31%, North America – 13%, and RoW – 6%
Some of the key companies profiled in this report are The Dow Chemical Company (US), Mitsubishi Chemical Corporation (Japan), Purolite Corporation (US), Shanghai Bairy Technology Co., Ltd. (China), Amicogen (China) Biopharm Co., Ltd. (China), Ajinomoto Fine-Techno Co., Inc. (Japan), Thermax Limited (India), CHEMRA GmbH (Germany), and Sunresin New Materials Co. Ltd. (China).
Research Coverage:
The report covers the polymeric adsorbents market and its use across different end-use industries and regions. It aims at estimating the market size and future growth potential of the polymeric adsorbents market across the types of polymeric adsorbents. The report also includes an in-depth competitive analysis of the key market players along with their profiles, and key growth strategies. It also includes information on the dynamic differentiators, innovators, visionary leaders, and emerging companies in the polymeric adsorbents market.
Key benefits of buying the report
From an insight perspective, this research report focuses on various levels of analyses, which include industry analysis (industry trends) and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the polymeric adsorbents market, high-growth regions, and drivers, restraints, opportunities, and challenges for the polymeric adsorbents market.
The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the polymeric adsorbents offered by the top players operating in the polymeric adsorbents market
• Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and new applications in the polymeric adsorbents market
• Market Development: Comprehensive information about the lucrative and emerging markets. The report analyzes the markets for polymeric adsorbents across different regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the polymeric adsorbents market
• Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of the leading players in the polymeric adsorbents market
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