DUBLIN, October 2, 2017 /PRNewswire/ --
The "Polymeric Adsorbents Market by Type (Aromatic (Crosslinked Polystyrene), Modified Aromatic (Brominated Aromatic), Methacrylic), End-Use Industry (Pharmaceutical, Food & Beverage, Industrial), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
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.
The increased demand for polymeric adsorbents in the high-end applications in the pharmaceutical and food & beverages industries is expected to drive the growth of the polymeric adsorbents market during the forecast period.
The polymeric adsorbents market has been segmented on the basis of type into aromatic (cross-linked polystyrenic matrix), modified aromatic (brominated aromatic matrix), and methacrylic (methacrylic ester copolymer), among others. The modified aromatic (brominated aromatic matrix) segment of the polymeric adsorbents market is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to properties, such as high hydrophobicity, excellent physical and chemical stability, and cleaner operations, of these adsorbents. modified aromatic (brominated aromatic matrix) polymeric adsorbents are widely consumed in the pharmaceutical industry for separation and purification of antibiotics, enzymes, etc.
Key factors restraining the growth of the polymeric adsorbents market across the globe are the high prices of polymeric adsorbents as compared to powdered activated carbon, due to which, end-use industries such as pharmaceutical and food & beverages are preferring low-cost adsorbents.
Market Dynamics
Drivers
- High Demand for Synthetic Adsorbents in Purification Operations of Pharmaceutical and Food & Beverage Industries
- High Demand for Synthetic Adsorbents in Emerging Countries of Asia-Pacific
Restraints
- High Costs of Synthetic Adsorbents in Comparison to Powdered Activated Carbon
Opportunities
- Increasing Use of Synthetic Adsorbents for Purification and Separation Operations in Industrial Applications
Challenges
- Weak Economic Conditions in Europe and South America
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Synthetic Adsorbents Market, By Type
7 Synthetic Adsorbents Market, By End-Use Industry
8 Synthetic Adsorbents Market, By Region
9 Competitive Landscape
10 Company Profiles
- Ajinomoto Fine-Techno Co., Inc.
- Amicogen (China) Biopharm Co., Ltd.
- Chemra GmbH
- Mitsubishi Chemical Holdings Corporation
- Purolite Corporation
- Shanghai Bairy Technology Co., Ltd.
- Sunresin New Materials Co. Ltd.
- The DOW Chemical Company
- Thermax Limited
For more information about this report visit https://www.researchandmarkets.com/research/6bqgs3/polymeric
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