Global adsorbent market is projected to reach $ 4.4 billion
by 2024, growing at a CAGR of 6.4% during 2019-2024, mainly driven by the oil
& gas, packaging, water treatment and air separation industries, owing to
government regulations on wastewater treatment as well as environmental
regulations about the rising levels of air pollution in the Asia-Pacific region.
Adsorbents have small pore diameters, leading to a high surface area to
facilitate adsorption. The adsorbents have high thermal stability as well as resistance
to abrasion. Further, depending on the application, the surface can be hydrophilic
or hydrophobic.
The market has been segmented based on type,
application and region. Based on type, the market has been categorized into activated
carbon, silica gel, molecular sieves, activated alumina, clay and others. Among
the types of adsorbents, the demand for silica gel, silica gel-alumina
composites, and metal oxides is anticipated to grow, owing to their efficiency coupled
with better service life. Silica gel, molecular sieve and activated carbon also
have the properties of desiccant, which act as an adsorbent, thereby leading to
the growth of global adsorbent market. In terms of application, the market has
been segmented into chemicals/petrochemicals, gas refining, petroleum refining
& others.
Asia-Pacific is one
of the largest markets for adsorbents, globally, with China leading the
region’s adsorbent market, closely followed by India. India, which is the
fastest-growing market in the world, is anticipated to outdo China in the adsorbent
market in the coming years.
Some
of the key players operating in the market are Arkema S.A., Axens S.A., BASF SE,
Cabot Corporation, Calgon Carbon Corporation, Clariant, W.R. Grace &
Company, Graver Technologies and WestRock.
Years considered for this report:
Historical Years: 2014-2017
Base
Year: 2018
Estimated
Year: 2019
Forecast
Period: 2020-2024
Objective of the Study:
- To analyze
and forecast global adsorbent market size.
- To forecast global adsorbent
market based on type, application and regional distribution.
- To
identify drivers and challenges for global adsorbent market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in global adsorbent market.
- To conduct
the pricing analysis for global adsorbent market.
- To
identify and analyze the profile of leading players involved in the
manufacturing of adsorbents.
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Some of the leading players in global adsorbent market are
Arkema S.A., Axens S.A., BASF SE, Cabot Corporation, Calgon Carbon Corporation,
Clariant, W.R. Grace & Company, Graver Technologies and WestRock.
TechSci
Research performed both primary as well as exhaustive secondary research for
this study. Initially, TechSci Research sourced a list of leading manufacturers
across the globe. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufacturers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the product offerings,
distribution channels and presence of all major players operating in global adsorbent market.
TechSci Research
calculated global adsorbent
market size by using a top-down approach, where data for various
end-user segments was recorded and forecast for the future years. TechSci
Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- Adsorbent manufacturers and suppliers
- Government and other regulatory bodies
- Research institutes and organizations
- Organizations, forums and alliances related to
adsorbents
The
study is useful in providing answers to several critical questions that are
important for the industry stakeholders such as manufacturers and partners, end
users, etc., besides allowing them in strategizing investments and capitalizing
on market opportunities.
Report Scope:
In this report, global
adsorbent market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- Market, by Type:
- Activated Carbon
- Silica Gel
- Molecular Sieves
- Activated Alumina
- Clay
- Others
- Market, by Application:
- Chemicals/Petrochemicals
- Gas Refining
- Petroleum Refining
- Water Treatment
- Air Separation & Drying
- Packaging
- Others
- Market, by Region:
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Europe
- United Kingdom
- Italy
- Norway
- Turkey
- Russia
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- Iran
- Saudi Arabia
- UAE
- Kuwait
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in global adsorbent market.
Available Customizations:
With the given market
data, TechSci Research offers customizations according to a company’s specific
needs. The following customization options are available for the report:
Company
Information
- Detailed analysis and profiling of additional market
players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect
sales channel.
In case you don’t find what you are looking for,
please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to be released soon. If
you wish an early delivery of this report or want to confirm the date of
release, please contact us at sales@techsciresearch.com