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Adsorbent Market: COVID-19 Impact and Global Analysis Forecast to 2028

Published Date: May 2021

No. of Pages: 208

Status: Upcoming

Report Code: EMR100249

Adsorption is a chemical process wherein ions, atoms or molecules perform to be a dissolved liquid, gas adheres or liquid to a particular surface. In the above process of adsorption, a slim film is formed on the considered adsorbent by the adsorbate. Adsorption is a major result of surface energy just as the phenomena of surface tension. Adsorption persists in several chemical, biological, physical and natural systems that find applications in the broadly categorized industrial sector. Adsorbents are usually profound in the type of moldings, spherical pellets and rods that possess a diameter of approximately 0.5 to 10mm. Adsorbents that are considered to be relatively more effective must have a strong resistance to high abrasion and thermal stability as compared to small pore with small diameters. They must have a differentiated pore structure in order to help all of them in fast transit of gases and vapors.

Some of the key factors acting as drivers in the in the global adsorbents market include advancements and innovations in order to introduce new and advanced adsorbent materials. The other end user industries demand for adsorbents for a wide range of applications which have differentiated and varied characteristics and requirements. To serve the above mentioned purpose, the key companies are thus focusing on the innovations in technologies in order to develop improved and new adsorbent materials which are to be applied in differentiated industrial and commercial areas. The rising developments in technology to produce and manufacture the cost effective adsorbents is one of the key elements projected to produce high revenues in the overall global adsorbent market during the forecast period.

Asia Pacific is anticipated to be the most largest region for adsorbents over the world due to increasing demands from developing countries like China, India. Russia and Indonesia and are projected to be the biggest users of adsorbents. In addition, the technologically developed countries are acting majorly towards large demand for adsorbents. Emerging countries are further anticipated to be one of the most potential markets for adsorbents around the globe owing to the increasing capacity of production. Thus, rising demand from emerging economies are anticipated to propose bright opportunities in the global adsorbents market.

The global adsorbent market can be classified on the basics of type, application and region. Based on type, the market can be segmented into activated carbon, molecular sieves, activated alumina, silica gel, clay and others. Based on application, the global adsorbent market can be classified into gas refining, petroleum refining, water treatment, chemicals and petrochemicals, drying, air separation, packaging and others.Based on region, the global adsorbent market classified into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. The robust demand especially in the Asia Pacific region is predicted to be one of the main driving factors for the overall growth of the global market. Moreover, China is further projected to account for the highest share in the global market and is anticipated to maintain its lead in the overall demand during the forecast period. This can be attributed to rapid industrialization and rising urbanization during the past few years. The markets in various other developing countries such as Russia, Brazil, Indonesia, Poland, Argentina, New Zealand, Korea and India among others are also expected to witness a rapid growth throughout the forecast period. Moreover, increasing per capita disposable income and surge in the global economy is another main factor.

Key players operating in the global market are concentrating on some of the major market strategies such as mergers, partnerships, collaborations and acquisitions in order to keep hold in the ever competitive global market. Furthermore, they are focusing on gaining hold on the local players to strengthen their goodwill as well as to enhance their market reach in the global market. Some of the key players in the global adsorbent market are Axens, Arkema, BASF, Clariant, Calgon Carbon, Cabot, Meadwestvaco, Grace, Graver Technologies, UOP, Sorbead India, Zeolyst International and Zeochem among others.

The global adsorbent market can be segmented:
By Type:
• Molecular sieves
• Activated carbon
• Silica gel
• Activated alumina
• Clay
• Others

By application:
• Petroleum refining
• Gas refining
• Water treatment
• Chemicals and petrochemicals
• Drying
• Air separation
• Packaging
• Others

By Region:
• North America
• Latin America
• Europe
• Middle East & Africa
• Asia Pacific

The Leading Key Players in Adsorbent Market

Calgon Carbon
Graver Technologies
Sorbead India
Zeolyst International