Adsorbents Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
Pandemic disrupted the entire world and affected many industries.
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Request Now !Adsorbents Market Analysis 2020-2027:
Adsorbent is a material that can accumulate liquid or gas on the surface of a solid material. This process is called adsorption, and is used to extract pollutants with the help of activated carbon or silica gel.
Adsorbents are highly porous substances in which air passes through a bed of solid adsorbents. As the air passes, the unwanted particles contained in the air are attracted by the adsorbents. The adsorption involves the whole volume of materials, hence, it is called surface phenomenon. Furthermore, adsorbents are composed of different raw materials such as coal, coconut, bauxite, and silica. They are usually available in the form of rods, mold, and spherical pallets. Adsorbents are widely used for purification purposes in industries, thus, the market is expected to witness a significant growth during the forecast period.
Scope of the report
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | Value (USD) |
Segments covered | Type, Application, End User, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), LAMEA (Brazil, Mexico, and the Rest of LATAM), and the Middle East & Africa |
Companies covered | Arkema S.A, Cbot Corporation, Graver Technologies, W.R. Grace & Company, BASF SE, Axens S.A, WestRock, Sorbead India, Axens Solutions, DORF KETAL, and Global Adsorbents Pvt. Ltd.. |
COVID-19 impact analysis
The outbreak of the COVID-19 outbreak has positively impacted the global adsorbents market. This is attributed to rise in utilization of adsorbents in pharmaceuticals and pharmaceutical formulations. Moreover, the use of adsorbents for dehumidification process and instrumental air drying in pharmaceutical industry has significantly contributed toward the growth of market during this crisis.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
The adsorbent has a high demand in the industrial process for purification purposes, which acts as the major driving force of the global absorbents market. In addition, adsorbents are extensively used for the removal of sulfur and water from the product streams in the petrochemical industry and are largely required for petroleum refining. The market is further driven by the expansion of the oil & gas industry, increase in need for wastewater treatment, and rise in concern toward environmental issues, as adsorbents emit no carbon dioxide and are safe chemicals. Moreover, adsorbents provide resistance to abrasion and exhibit high thermal stability. However, adsorption is an exothermic process that leads to poor heat transfer and can manifest itself in rising temperature; this is the major restraint of the adsorbents market.
New product launches to flourish the market
The major market players have taken the necessary steps to improve the accuracy of absorbent and overall functionality. Axens Solutions manufactures regenerative adsorbent known as AXSORB. This adsorbent offers enhanced properties such as safe operating conditions in dehydration process. In addition, recent developments have enhanced the use of adsorbents in post-combustion purposes. Adsorption can capture carbon dioxide in air that helps in lowering the level of global warming.
Surge in usage in commercial and chemical applications
Mounting utilization of adsorbents in oil refining process, petrochemical industry, water treatment, and others such as in gas industry, aviation military equipment, and food industry have boosted the growth of the overall market. Leading market players have improved the efficiency of chromatography adsorbents such as aluminum oxide chromatography adsorbents, flash chromatography adsorbents, and silica gel column chromatography adsorbents. These adsorbents have gained significant traction in the market, owing to their utilization in purification of antibiotics, enzyme purification, and isolation of glycosides. Moreover, adsorbents are extensively utilized in purification of dyes, alkaloids, amino acids, purification of organic solvents, and others such as in cosmetic product packaging.
Key segments covered
Segment | Subsegment |
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Key benefits of the report
- This study presents the analytical depiction of the global adsorbent industry along with the current trends and market estimation to determine the imminent investment pockets.
- The report represents information related to key drivers, restraints, and opportunities along with detailed analysis of the adsorbents market.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the adsorbents market growth scenario.
- The report provides a detailed market analysis depending on competitive and how the competition will take shape in coming years.
- This report helps users in comprehending the key product segments and their future.
Questions answered in the global adsorbents market research report:
- Which are the leading market players active in the global adsorbents market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What should be the response of the market players amid the COVID-19 pandemic?
- What are the projections for the future that would help in taking further strategic steps?
- What is the outlook of the industry?
- What are the emerging key segments in the adsorbents market?
- What are the major changes and assessments in market dynamics?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
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- Scientific and technical writings for product information and related preemptions
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- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
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