An overview of conceptual frameworks, analytical approaches of the Adsorbents market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The adsorbents market is expected to grow at a significant rate in the near future.
The global adsorbents Market in 2020 is estimated for more than US$ 4.2 Bn and expected to reach a value of US$ 6.6 Bn by 2028 with a significant CAGR of 5.7%.
Adsorbents Market Definition
Adsorbent preface to the material upon which the process of adsorption takes place, they are available in spherical tablets, monoliths, rod, and moldings. There are three types of absorbents that are being used for industrial applications; namely, oxygen-containing compounds like Silica Gel and zeolite, polymer-based compounds like polar and non-polar functional compounds, and carbon-based compounds like graphite and activated carbon. They are extensively used in oil & gas and water treatment processes.
Adsorbent Market Dynamics
The absorbents market is primarily driven by the increasing demand for absorbance in end-user industries, especially in oil and gas, their cost-effective nature and innovation, and the application of denitrogenation technology.
In addition, supportive government norms and the eco-friendly nature of absorbance are also fuelling the growth of this market. However, cover lack of awareness of purified water coupled with a short service life of absorbance due to the high level of impurities hampers the growth of the market.
Adsorbent Market Key Players
Adsorbents market is mainly dominated by
Arkema S.A.
Axens S.A.
BASF SE
Cabot Corporation
Calgon Carbon Corporation
Clariant AG
Graver Technologies
Westrock
Sorbead
Zeochem
UOP LLC
W. R. Grace
Zeolyst International
Adsorbent Market Segmentation
The adsorbents market is segmented on the basis of type, application, and region.
On the basis of type, the global adsorbents market can be segmented into activated alumina, activated carbon, clay, molecular sieves, silica gel, and others. On the basis of application, the global adsorbents market can be segmented into air separation & drying, chemicals/petrochemicals, gas refining, packaging, petroleum refining, water treatment, and others.
The adsorbents market is expected to increase at a significant CAGR over the forecast period owing to the increasing demand for absorbance in numerous industries, the innovation of desulfurization technology, and the cost-effective nature of absorbents. On the basis of product type, the market is being dominated by molecular sieve; where is on the basis of applications, petroleum refining holds the largest market share.
By Product Type
Activated Alumina
Activated Carbon
Clay
Molecular Sieves
Silica Gel
Others
By Application
Air Separation & Drying
Chemicals/Petrochemicals
Gas Refining
Packaging
Petroleum Refining
Water Treatment
Others
Adsorbent Market Regional Overview
On the basis of region, the global adsorbents market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. Asia Pacific adsorbents market is expected to be the most dominating market throughout the forecast period.
Factors like increasing applications of absorbents air drying & separation and water treatment process coupled with increasing application of Silica Gel as a desiccant for packaging purposes is also elevating the growth of this market.
In addition, growing environmental regulations and cost-effective nature absorbents is also propelling the growth of the market. However, finite availability of raw material and expensive nature of conventional absorbents for specific applications may hinder the growth of the global absorbent market.
MMC Overview on Adsorbents Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Adsorbents market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market. The report is titled ‘Adsorbents Market: Opportunity Analysis and Future Assessment 2020-2028’.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Adsorbents
• Advantage of Adsorbents over other modalities
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at the regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of the top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the market.
1. Global Adsorbents Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Adsorbents Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Adsorbents Market Snapshot
2.4. Global Adsorbents Market Size And Forecast, 2019–2027
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2019–2027)
2.5. Global Adsorbents Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Adsorbents Market, By Type
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Type
3.1.2. BPS Analysis, By Type
3.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Type
3.2.1. Molecular Sieves
3.2.2. Activated Carbon
3.2.3. Silica Gel
3.2.4. Activated Alumina
3.2.5. Clay
3.2.6. Others
3.3. Global Adsorbents Market Attractiveness Index, By Type
4. Global Adsorbents Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Application
4.2.1. Petroleum Refining
4.2.2. Gas Refining
4.2.3. Chemicals/Petrochemicals
4.2.4. Water Treatment
4.2.5. Air Separation & Drying
4.2.6. Packaging
4.2.7. Others
4.3. Global Adsorbents Market Attractiveness Index, By Application
5. Global Adsorbents Market, By Region
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Region
5.1.2. BPS Analysis, By Region
5.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Region
5.2.1. North America
5.2.2. Latin America
5.2.3. Europe
5.2.4. Asia Pacific
5.2.5. Middle East
5.2.6. Africa
5.3. Global Adsorbents Market Attractiveness Index, By Region
6. North America Adsorbents Market Analysis and Forecast, 2019–2027
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
6.2.1. U.S. Adsorbents Market
6.2.2. Canada Adsorbents Market
6.3. North America Adsorbents Market, By Type
6.3.1. Molecular Sieves
6.3.2. Activated Carbon
6.3.3. Silica Gel
6.3.4. Activated Alumina
6.3.5. Clay
6.3.6. Others
6.4. North America Adsorbents Market, By Application
6.4.1. Petroleum Refining
6.4.2. Gas Refining
6.4.3. Chemicals/Petrochemicals
6.4.4. Water Treatment
6.4.5. Air Separation & Drying
6.4.6. Packaging
6.4.7. Others
6.5. North America Adsorbents Market Attractiveness Index
6.5.1. By Country
6.5.2. By Type
6.5.3. By Application
7. Latin America Adsorbents Market Analysis and Forecast, 2019–2027
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
7.2.1. Brazil Adsorbents Market
7.2.2. Mexico Adsorbents Market
7.2.3. Argentina Adsorbents Market
7.2.4. Rest Of Latin America Adsorbents Market
7.3. Latin America Adsorbents Market, By Type
7.3.1. Molecular Sieves
7.3.2. Activated Carbon
7.3.3. Silica Gel
7.3.4. Activated Alumina
7.3.5. Clay
7.3.6. Others
7.4. Latin America Adsorbents Market, By Application
7.4.1. Petroleum Refining
7.4.2. Gas Refining
7.4.3. Chemicals/Petrochemicals
7.4.4. Water Treatment
7.4.5. Air Separation & Drying
7.4.6. Packaging
7.4.7. Others
7.5. Latin America Adsorbents Market Attractiveness Index
7.5.1. By Country
7.5.2. By Type
7.5.3. By Application
8. Europe Adsorbents Market Analysis and Forecast, 2019–2027
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
8.2.1. U.K. Adsorbents Market
8.2.2. Germany Adsorbents Market
8.2.3. Italy Adsorbents Market
8.2.4. France Adsorbents Market
8.2.5. Spain Adsorbents Market
8.2.6. Russia Adsorbents Market
8.2.7. Poland Adsorbents Market
8.2.8. BENELUX Adsorbents Market
8.2.9. NORDIC Adsorbents Market
8.2.10. Rest Of Europe Adsorbents Market
8.3. Europe Adsorbents Market, By Type
8.3.1. Molecular Sieves
8.3.2. Activated Carbon
8.3.3. Silica Gel
8.3.4. Activated Alumina
8.3.5. Clay
8.3.6. Others
8.4. Europe Adsorbents Market, By Application
8.4.1. Petroleum Refining
8.4.2. Gas Refining
8.4.3. Chemicals/Petrochemicals
8.4.4. Water Treatment
8.4.5. Air Separation & Drying
8.4.6. Packaging
8.4.7. Others
8.5. Europe Adsorbents Market Attractiveness Index
8.5.1. By Country
8.5.2. By Type
8.5.3. By Application
9. Asia Pacific Adsorbents Market Analysis and Forecast, 2019–2027
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
9.2.1. China Adsorbents Market
9.2.2. India Adsorbents Market
9.2.3. Japan Adsorbents Market
9.2.4. Australia And New Zealand Adsorbents Market
9.2.5. South Korea Adsorbents Market
9.2.6. ASEAN Adsorbents Market
9.2.7. Rest of Asia Pacific Adsorbents Market
9.3. Asia Pacific Adsorbents Market, By Type
9.3.1. Molecular Sieves
9.3.2. Activated Carbon
9.3.3. Silica Gel
9.3.4. Activated Alumina
9.3.5. Clay
9.3.6. Others
9.4. Asia Pacific Adsorbents Market, By Application
9.4.1. Petroleum Refining
9.4.2. Gas Refining
9.4.3. Chemicals/Petrochemicals
9.4.4. Water Treatment
9.4.5. Air Separation & Drying
9.4.6. Packaging
9.4.7. Others
9.5. Asia Pacific Adsorbents Market Attractiveness Index
9.5.1. By Country
9.5.2. By Type
9.5.3. By Application
10. Middle East Adsorbents Market, By Region
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
10.2.1. GCC Countries Adsorbents Market
10.2.2. Israel Adsorbents Market
10.2.3. Oman Adsorbents Market
10.2.4. Rest Of Middle East Adsorbents Market
10.3. Middle East Adsorbents Market, By Type
10.3.1. Molecular Sieves
10.3.2. Activated Carbon
10.3.3. Silica Gel
10.3.4. Activated Alumina
10.3.5. Clay
10.3.6. Others
10.4. Middle East Adsorbents Market, By Application
10.4.1. Petroleum Refining
10.4.2. Gas Refining
10.4.3. Chemicals/Petrochemicals
10.4.4. Water Treatment
10.4.5. Air Separation & Drying
10.4.6. Packaging
10.4.7. Others
10.5. Middle East Adsorbents Market Attractiveness Index
10.5.1. By Country
10.5.2. By Type
10.5.3. By Application
11. Africa Adsorbents Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market Revenue (US$Mn) and Volume (KT) Forecast, By Country
11.2.1. South Africa Adsorbents Market
11.2.2. Egypt Adsorbents Market
11.2.3. North Africa Adsorbents Market
11.2.4. Rest Of Africa Adsorbents Market
11.3. Africa Adsorbents Market, By Type
11.3.1. Molecular Sieves
11.3.2. Activated Carbon
11.3.3. Silica Gel
11.3.4. Activated Alumina
11.3.5. Clay
11.3.6. Others
11.4. Africa Adsorbents Market, By Application
11.4.1. Petroleum Refining
11.4.2. Gas Refining
11.4.3. Chemicals/Petrochemicals
11.4.4. Water Treatment
11.4.5. Air Separation & Drying
11.4.6. Packaging
11.4.7. Others
11.5. Africa Adsorbents Market Attractiveness Index
11.5.1. By Country
11.5.2. By Type
11.5.3. By Application
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. Arkema S.A.
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. Axens S.A.
13.3.3. BASF SE
13.3.4. Cabot Corporation
13.3.5. Calgon Carbon Corporation
13.3.6. Clariant AG
13.3.7. Graver Technologies
13.3.8. UOP LLC
13.3.9. W. R. Grace
13.3.10. Zeolyst International
14. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global adsorbents Market in 2020 is estimated for more than US$ 4.2 Bn and expected to reach a value of US$ 6.6 Bn by 2028 with a significant CAGR of 5.7%.
What are the key factors driving the growth of market?
The increasing demand for absorbance in end-user industries, especially in oil and gas, their cost-effective nature and innovation, and the application of denitrogenation technology is one of the major key factor driving the growth of market
What segments are covered in market report?
The adsorbents market is segmented on the basis of type, application, and region.
What are the key participating players in the market?
Arkema S.A, Axens S.A, BASF SE, Cabot Corporation, Calgon Carbon Corporation, Clariant, W.R. Grace & Company, Graver Technologies, and WestRock are the dominant market players in the global adsorbent market.
