Global Polymeric Adsorbents MarketGrowth, Size, Opportunities, Top Manufacturers, Share, Trends, Segmentation, Regional Graph and Forecast to 2028

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
The Global Polymeric Adsorbents Market [https://www.marketsandmarkets.com/Market-Reports/polymeric-adsorbent-market-261564522.html] 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 insights provided by Purolite Corporation, a U.S.-based polymeric adsorbent manufacturer, polymeric adsorbents are highly cross-linked synthetic polymers, characterized by a porous matrix structure. These adsorbents exhibit either non-polar or hydrophobic properties. These readily adsorb highly soluble organic compounds. They possess a particular affinity for hydrophobic molecules like polyphenols, vanilla (natural flavor), and naringin (a citrus flavanone). The resin attracts the aromatic groups of these molecules.

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The polymeric adsorbents [https://www.marketsandmarkets.com/Market-Reports/polymeric-adsorbent-market-261564522.html] market comprises a multitude of companies that thrive in their respective domestic markets. Among the prominent players are DuPont de Nemours, Inc. (US), Mitsubishi Chemical Corporation (Japan), Purolite Corporation (US), Chemra GmbH (Germany), Sunresin New Materials Co. Ltd (China), Lanxess AG (Germany), Thermax Limited (India), and others. These key industry participants have employed diverse strategies for growth, including mergers and acquisitions, investment initiatives and expansions, collaborations, partnerships, joint ventures, and the development of new products, all aimed at bolstering their market presence and expanding their product offerings.

DuPont de Nemours, Inc., a specialty chemicals company, merged with The Dow Chemical Company in August 2017 to form DowDuPont. In 2019, DowDuPont split into three separate entities: Corteva, Inc., Dow Chemical Company, and DuPont de Nemours, Inc. DuPont is a global leader in innovation, focusing on technology-based materials and solutions across industries like automotive, construction, electronics, textiles, healthcare, and more. Their polymeric adsorbents and ion exchange resins are part of their water solutions product line.

The Mitsubishi Chemical Group (MCG Group), encompassing Mitsubishi Chemical Group Corporation and its subsidiaries, operates within three core business domains: Performance Products, Industrial Materials, and Healthcare. Their product portfolio includes a wide range of Diaion and Sepabeads, ion exchange resins, and synthetic adsorbents, globally recognized for their exceptional performance, physical and chemical attributes, and reliability in industrial separations and purifications. With over 200 unique separation media compositions, their applications span diverse industries like water treatment, power generation, wastewater treatment, food & beverage, and pharmaceuticals. The company's extensive global reach is reflected in its presence with more than 593 subsidiaries across 45 countries.

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Purolite Corporation is a leading producer of resin beads utilized for the separation, removal, or recovery of specific components in various industries. They offer a broad range of over 1,000 functional commercial products. The company operates in three primary business domains: Core Technology Products, Healthcare and Life Science Products, and Bioprocessing Products. Their Core Technology solutions find application in industries like water treatment, food processing, nuclear power, and hydrometallurgy, addressing needs like water softening, sugar purification, and valuable metal extraction. Purolite operates globally in Asia Pacific, the Americas, and the Middle East & Africa.

The companies have initiated the following developments:

In September 2023, DuPont unveiled the first ion exchange resin (AmberLiteTM P2X110 ion exchange resin) for the production of green hydrogen.

* In January 2020, DuPont acquired Desalitech, Inge GmbH, Memcor, and OxyMem Limited, thereby adding to its leading portfolio of water purification and separation technologies.
* In March 2020, Purolite introduced an innovative solution known as the Purolite resin system modeling platform, or PRSM, an advancement in resin plant simulation.
* In December 2022, Purolite announced the opening of its new pharmaceutical manufacturing facility, a 74,000-square-foot plant in King of Prussia. It will produce ion exchange resins for healthcare development and pharmaceutical APIs.
* In September 2023, Lanxess innovated a novel mixed-bed resin tailored to produce ultra-pure water in semiconductor manufacturing.

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