Adsorbents Market Size, Share, Analysis & Projection, Application & Region – Global Forecast to 2027

Reports and data

Adsorbents Market Size – USD 3.6 Billion in 2019, Market Growth – 6.3% CAGR, Market Trends – Strong demand for food industry.

NEW YORK CITY, NY, UNITED STATES, November 25, 2021 / – According to a new report from Reports and Data, the Adsorbents Market is expected to reach $ 5.9 billion by 2027. Adsorption is the process by which atoms, ions, or molecules in a solid, liquid, or dissolved gas adhere to a targeted surface. The market is driven by the growing demand for adsorbents in many petroleum refineries. It is the most efficient separation method which is widely used in petrochemical refineries. The increasing technological developments in manufacturing profitable adsorbents will generate high revenue in the global adsorbents market within the expected time frame. The increasing demand in the energy sector will be crucial for the growth of the adsorbents market. The expansion of the chemical process industry in many developing economies such as China, India and Brazil represents a golden opportunity for massive growth of the adsorbents market.

The constant fluctuation of oil and gas prices will have a negative impact on the market. Oil prices have fallen sharply due to political uncertainties in major oil producing countries like Russia, Venezuela and Saudi Arabia. This decline will recover if production is lowered during the price war between the major oil-producing countries, which will drive the adsorbent market forward.

Sample copy request @

Main companies: BASF SE, Clariant Ltd., WR Grace & Company, Cabot Corporation, Zeochem AG, UOP LLC., Axens Group, Arkema SRL, Zeolyst International and Mitsubishi Chemical Corporation, among others

Offer landscape
Mergers and acquisitions are an integral part of the adsorbents industry. Besides the companies operating in the market, other key market players have also entered the industry.

Expert opinion:
Reports and data predict promising developments for increased adoption of adsorbent technology. According to industry experts, the product-related applications of the market will usher in the market and soon be the engine of the industry. Additionally, new manufacturers are expected to enter the market, which should provide platform-centric adsorbent solutions for production applications. New companies entering the industry would focus on innovation and delivery through advanced technologies, reducing complexity and overall total cost of ownership. Experts also believe that increasing adoption of environmentally friendly products in emerging countries would be a key area of ​​development for the industry.

Key takeaways from the report

The petrochemical industry is expected to grow at a CAGR of over 5%; the industry is already worth several hundred billion. The widespread use of the adsorbent in industry will drive the growth of the adsorbents market in the near future. More efficient adsorbents in the industry will also help the market to prosper. Petrochemicals also have a considerable capacity to use adsorbents. Adsorbents are used in the dehydration and purification of the ethane / NGL / propane feed.
With increasing demand for water accompanied by decreasing groundwater level, the wastewater treatment industry is expected to show remarkable growth during the period. The massive use of adsorbents in wastewater treatment plants will allow the adsorbent market to develop significantly.
The market holds a large part of its share in the oil and gas sector, but it also finds use in many rapidly changing consumer goods. The application of adsorbents as small desiccants is used to protect products such as pharmaceuticals, vitamins, food and many other consumer goods. The smell or taste can be removed from many personal care and plastic products with high silica zeolite molecular sieves, and these odors are adsorbed.

Download the summary report @

For this report, reports and data have been segmented on global adsorbents market on the basis of product type, application, and region:

Outlook Product Type (Revenue, USD Billion; 2017-2027)
Molecular sieves
Silica gel
Activated alumina

Application Outlook (Revenue, USD Billion; 2017-2027)
Petroleum refinement
Chemistry / Petrochemistry
Gas refining
Water treatment
Air separation and drying

Customization request @

Regional outlook (revenue, billion USD; 2017-2027)
North America
Asia Pacific
Middle East & Africa
Latin America

Explore the core analysis of global materials and chemicals industry reports and data:

Potassium Citrate Market Forecast @

Bacterial Cellulose Market Trends @

MDI Prepolymers Market Analysis @

To learn more about customization or any questions about report content, please contact us and our team will make sure the report is tailored to meet your needs.

About reports and data
Reports and Data is a market research and consulting company that provides syndicated research reports, custom research reports, and consulting services. Our solutions focus uniquely on your goal to locate, target and analyze changes in consumer behavior across demographics, across industries and help customers make smarter business decisions. We offer market intelligence studies ensuring relevant and evidence-based research across multiple industries including healthcare, technology, chemicals, power and energy. We are constantly updating our research offerings to ensure that our clients are up to date with the latest trends that exist in the market. Reports and Data has a solid base of experienced analysts from various fields of expertise.

Tushar Rajput
Reports and data
+ + 12127101370
write us here
Visit us on social networks:

Source link

Comments are closed.