Adsorbent Market Size:
According to the research report, Global Adsorbent Market value was USD XX.XX Million in 2017 and is expected to reach USD XX.XX Million by the end of 2022, and with the CAGR of X.X% from the forecast period 2017-2022.
Adsorbent Market Overview:
The adsorbent is a chemical commonly used for the purification process in industries. Raw materials such as coal, coconut, silicate and bauxite are used for the production of adsorbents. The distinctive structure of the pores, the high abrasion resistance and the thermal stability are characteristic of an effective adsorbent. Activated alumina, clay and carbon are among the types of adsorbent. Some adsorbents may also have the qualities of a desiccant, such as silica gel, clay, etc. The adsorbents are widely used in the petrochemical industry, the pharmaceutical industry, and the oil and gas refining industry. The increase in pollution and the growing concern for health are among the main factors that increase the demand for adsorbents in the market. Advances in technology not only improve the efficiency of the adsorbents, but also increase the demand in the market.
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Adsorbent Market Drivers and Restraints:
The largest consumer of adsorbents is the oil refining industry. There is a growing demand for adsorbents in the oil and gas refining, air separation, water treatment and pharmaceutical industries. Increasing health awareness in the face of pollution has given a rapid boost to the global adsorbent market. The decisive factor in the adsorbent industry is the technological evolution of the different types of adsorbents, which should increase the demand for adsorbents the world market. However, environmental threats caused by the adsorbents can be a challenge for the global adsorbent market.
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Detailed Segment Study of the Adsorbent Market:
Adsorbent Market Study – By Product Type:
- Activated Alumina
- Activated Charcoal
- Activated Clay
- Alumina Silica Gel
- Metal Oxides
- Polymer Adsorbents
- Zeolites
- Others
Adsorbent Market Study – By Application:
- Oil & Gas Refining
- Chemicals/Petrochemicals
- Air Separation
- Nuclear Waste Remediation
- Volatile Organic Compound (VOC) Removal
- Refrigeration and Air-Conditioning (RAC) Systems
- Water Treatment
- Others
Adsorbent Market Regional Growth Analysis:
North America dominates the adsorbent market worldwide and is expected to continue to dominate in the future. Mexico, Canada and the United States have shown a significant increase in the use of adsorbents. Other important adsorbent markets are visible in the regions of Europe, Asia-Pacific and the rest of the world. In Europe, commercial markets are visible in Germany, Russia, Italy and the United Kingdom. A steady growth of the adsorbent market in Asia Pacific is expected due to the growing demand from China and India. Japan and South Korea also have good control over the adsorbent market in the Asia-Pacific region. Russia and China are expected to publish the largest consumption of adsorbent in the world.
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Adsorbent Market Key Players:
Some of the prominent players of the market include Jacobi Carbons, Arkema S.A., W.R. Grace and Company, BASF SE, Calgon Carbon Corporation, Cabot Corporation, Axens S.A., CECA, Zeochem, Clariant, Almatis , MeadWestvaco, UOP, Zeolyst International, Graver Technologies, Linde, Sorbead, C-E Minerals, Johnson Matthey, and Norit.
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