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Barrier Resins Market worth $16 6 billion by 2026 - Exclusive Report by MarketsandMarkets™
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Barrier Resins Market worth $16 6 billion by 2026 - Exclusive Report by MarketsandMarkets
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Ion Exchange Resins Market by Type, Application, End-Use Industry and Region - Global Forecast to 2025
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According to the new market research report Ion Exchange Resins Market by Type (Cationic Resins, Anionic Resins), Application (Water, Non-Water), End-Use Industry (Power, Chemical & Petrochemical, Pharmaceutical, Food & Beverage), and Region - Global Forecast to 2025″, is projected to grow from USD 1.8 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 4.2%, during the forecast period. Ion exchange resins are small plastic beads that have a porous structure and have the ability to absorb water. Ion exchange resins find use in various end-use industries, such as power generation, chemical & petrochemicals, food & beverage, pharmaceuticals, electrical & electronics, and metal & mining. They are also extensively used for water & wastewater treatment to soften the hard water and also for the demineralization of water.
In terms of value & volume, aromatic is estimated to lead the polymeric adsorbent market in 2020
Aromatic, by type, accounted for the largest market share in the polymeric adsorbents market. Large surface, controlled pore size distribution, and high chemical and physical stability increase their importance in a wide range of applications in the pharmaceutical and food & beverage industries. These adsorbents are used for purification of proteins and small peptides, sugar decolorization, removal of phenol, and adsorption of fatty acids.
Pharmaceutical is estimated to be the largest segment in the polymeric adsorbents market in 2020.
Pharmaceutical, by end-use industry, accounted for the greatest demand for polymeric adsorbents in 2020, in terms of value and volume. The growth of this segment is mainly attributed to the high demand for polymeric adsorbents in the purification of antibiotics, enzymes, bulk drugs, and vaccines. Polymeric adsorbents offer extensive advantages, such as h
Polymeric Adsorbents Market worth $162 million by 2026 - Exclusive Report by MarketsandMarkets 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 2026 , published by MarketsandMarkets, the global Polymeric Adsorbents Market size is projected to grow from USD 120 million in 2021 to USD 162 million by 2026, at a CAGR of 6.18% from 2021 to 2026. The market is projected to grow in accordance with the increase in the demand for polymeric adsorbents for applications in pharmaceutical and food & beverage industries, across the globe. Furthermore, the polymeric adsorbents market has witnessed a significant increase in demand from industrial sector, owing to the growing awareness and regulations for water and wastewater treatments.
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