According to the report “Adsorbents Market: By Type (Activated Alumina, Activated Charcoal, Activated Clay, Others) By Application (Petroleum Refining, Natural Gas, Petrochemicals, Nuclear Waste Remediation, Refrigeration and A/C, Water Treatment, Others) – Forecast (2016 – 2021)”, published by IndustryARC, estimates the market to reach $5.4 billion by 2021
Browse 49 Market Tables, 32 Figures spread through 127 Pages and an in-depth TOC on “Adsorbents Market”
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Adsorbent is a substrate which has the ability to extract certain elements from solids, liquids or gases by adhering with the particles on its surface without changing their physical properties. This process involves formation of either a single layer or multi-layer adsorbate on the surface of the adsorbent. The adsorption can be single layers or multilayers. Adsorbents have several properties such as high abrasion resistance, high thermal stability and small pore diameters, which leads to higher exposed surface area hence, high surface capacity for adsorption. The adsorbents also have a distinct structure which permits fast transport of targeted molecules.
According to a recent study from IndustryARC, the global market value of adsorbent was around $3.8 bn in 2015, where the zeolites type accounted for around 41% of market share.
Adsorbent is a material, which is capable to adsorb other substance. These are available naturally and can be artificially synthesized. Major adsorbents that are used are activated alumina, activated charcoal, activated coal, alumina silica gel, metal oxides, molecular sieves, polymer adsorbents, zeolites and others. Of all the types, zeolites are the commonly used and the major adsorbents. Zeolite is a naturally occurred adsorbent that is slightly processed for the commercial applications. Adsorbents are used in applications such as oil & gas refining, chemicals/petrochemicals, air separation, nuclear waste remediation, Volatile Organic Compound (VOC) removal, Refrigeration and Air-Conditioning (RAC) systems, water treatment and others for water purification, removal of impurities, to separate gases, drying gases and refrigerant gases, deodorization of gases and so on.
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Asia-Pacific (APAC) region was the leading market with around $1.3 bn revenue in 2015, projected to upsurge at a higher CAGR of 7.7% for the forecast period 2016-21.
The major players in the adsorbents market include:
- Arkema S.A
- BASF SE
- W.R Grace and Company
- Calgon Carbon Corporation
- Axens S.A
BASF is the dominant player in the adsorbents market due to its wide product portfolio, loyal customer base and robust geographical reach of approximately 80 countries, which is a competitive advantage to the company over other players in the market. The company produces more than 40 adsorbents products based on the application segment. The market leader is followed by Arkema S.A., the company which has global presence in this market by product launches and business expansions.
The global adsorbent report provides detailed analysis of the different types of adsorbents, applications and geography. The applications are integrated in the report includes:
- Oil & Gas Refining
- Chemicals/ Petrochemicals
- Air Separation
- Nuclear Waste Remediation
- VOC Removal
- RAC Systems
- Water Treatment
- Others
The market is also presented from the perspective of different geographic regions and the key countries for above mention applications. Competitive landscape for adsorbent products is highlighted in product-benchmarking section and major market players are profiled.
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