Polyvinylpolypyrrolidone (PVPP) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
- Transparency Market Research
Polymeric adsorbents are the materials where ions, atoms, or molecules from a liquid, dissolved liquid or gas adhere onto the surface of an adsorbent. In this process a thin film is created on the adsorbent. Polymeric adsorbents are employed for drying, air separation, and water treatment applications. Polymeric adsorbents, also known as synthetic adsorbents offer superior properties, such as high hydrophobicity, excellent adsorption capacity, and high pore size.
The polymeric adsorbents market is witnessing considerable growth due to the advancements in technological capabilities of polymeric adsorbents and high investments in R&D and technology upgrade techniques undertaken, which act as major drivers for the polymeric adsorbents market. Major companies are now focusing on technological research to create new polymeric adsorbents, which can be used in diversified applications in order to meet the demand of end-use industries such as, pharmaceuticals, food and beverage, and industrial. Polymeric adsorbents are utilized as an alternative to powdered activated carbon, silica gel, molecular sieve carbon, and zeolites due to their high adsorption capacity, excellent chemical and physical stability, and cleaner operations However, high prices of polymeric adsorbents, as compared to other commercially available adsorbents, is a major restraint for the expansion of the polymeric adsorbents market. Mass production of polymeric adsorbents is still lacking and is of great importance due to various critical factors such as costs of raw materials and infrastructure required in manufacturing them.
Based on type, the polymeric adsorbent market can be segmented into aromatic (cross-linked polystyrenic matrix), modified aromatic (brominated aromatic matrix), methacrylic (methacrylic ester copolymer), and others (phenol formaldehyde-based resins). Among all the types, the aromatic (cross-linked polystyrenic matrix) segment of the polymeric adsorbents market is projected to be the dominant segment during the forecast period due to its applications in the separation and purification processes in the pharmaceutical industry. The modified aromatic (brominated aromatic matrix) segment of the polymeric adsorbents market is projected to witness significant growth in the near future.
In terms of end-use, the polymeric adsorbents market can be segmented into pharmaceuticals, food and beverage, and industrial. The pharmaceuticals end-use segment held a leading share of the market due to increase in demand for air separation and drying in the healthcare and medical devices industries. The high demand for aromatic (cross-linked polystyrenic matrix) polymeric adsorbents in the pharmaceutical industry in the separation and purification processes of antibiotics such penicillin, ampicillin, etc., is estimated to drive the segment. The wastewater treatment industry is likely to witness high demand for polymeric adsorbents due to increasing pressure from the government on wastewater treatment. Moreover, polymeric adsorbents are also utilized during the processing of food and beverages. For instance, in the production of apple syrup, sugar processing and purification of citric juices, non-alcoholic beverages, alcoholic beverages, etc.
In terms of geography, the polymeric adsorbents market can be segmented into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is expected to be the dominant market due to increase in usage of polymeric adsorbents in the pharmaceutical and food & beverage end-use industries. Rising demand for polymeric adsorbents from various end-use industries, such as pharmaceutical, food & beverage, and industrial of countries such as China, Japan, and India are likely to fuel the Asia Pacific polymeric adsorbents market. The polymeric adsorbents market in North America and Europe is projected to expand during the forecast period.
Key players operating in the global polymeric adsorbent market include, The Dow Chemical Company, Mitsubishi Chemical Corporation, Purolite Corporation, Thermax Limited, and Amicogen Biopharm Co., Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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