The Business Research Company’s report on the Adsorbents Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the adsorbents market?
The rapid industrialization is expected to propel the growth of the adsorbents market going forward. Industrialization is the process of transforming an economy from primarily agrarian-based to one focused on manufacturing and industry, typically involving technological innovation, increased production capacity, and urbanization. Industrialization is rising due to advancements in technology, increasing global demand for goods, and the need for economic growth and infrastructure development, particularly in emerging economies. Adsorbents are required in industrial activities to remove impurities, contaminants, and unwanted substances from gases or liquids, ensuring product purity, improving process efficiency, and meeting environmental regulations. For instance, in July 2023, according to the report published by Statistics Canada, a Canada-based government agency, approximately 19.5% of businesses in the manufacturing sector expressed intentions to expand their current business or organization location within the next 12 months, more than twice the percentage observed in the arts, entertainment, and recreation sector (8.2%) and nearly triple the overall business average (6.7%). Additionally, over 5.5% of manufacturing businesses had plans to expand internationally, with similar aspirations reported by 5.3% of businesses in arts, entertainment, and recreation, and 4.5% in wholesale trade. Therefore, the rapid industrialization is driving the growth of the adsorbents market.
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How has the adsorbents market size evolved, and what are the latest forecasts for its expansion?
The adsorbents market size has grown strongly in recent years. It will grow from $4.96 billion in 2024 to $5.3 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to industrial manufacturing and process optimization, environmental regulations and pollution control, water treatment and purification needs, oil and gas industry applications, pharmaceutical and healthcare sector demand.
The adsorbents market size is expected to see strong growth in the next few years. It will grow to $7.11 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rising focus on sustainable and green technologies, growing awareness of water scarcity, expanding applications in gas separation, pharmaceutical industry advancements, evolving regulations for air quality control. Major trends in the forecast period include applications in industrial gas purification, utilization in energy storage systems, innovation in adsorbent-based water treatment, market expansion in Asia-pacific region, demand in gasoline and diesel purification.
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Which major companies dominate the adsorbents market?
Major companies operating in the adsorbents market include Arkema SA, Axens SA, BASF SE, Cabot Corporation, Clariant AG, Calgon Carbon Corporation, Graver Technologies LLC, Sorbead India, Adsorbents Carbons, Universal Carbons, Global Absorbents Pvt. Ltd., Honeywell International Inc., Zeolyst International, Ashapura Minechem Ltd., Zeotec Adsorbents Private Limited, Bee Chems, Suneeta Chemicals Pvt. Ltd., Raj Carbon Pvt. Ltd., Dow Inc., Mitsubishi Chemical Corporation, PQ Corporation, DORF KETAL, Zeochem AG, Purolite Ltd., Thermax Limited, Sunresin New Materials Co. Ltd., Lanxess AG, W. R. Grace & Co., Kuraray Co. Ltd.
What trends will shape the future of the actuator market?
Product innovation is a key trend in the adsorbents market. Major companies operating in the adsorbents sector focus on developing new products to meet customer demand. For instance, in July 2022, BASF SE, a German-based company, launched PuriCycle. PuriCycle’s portfolio includes innovative catalysts and adsorbents designed to selectively remove or convert a wide range of contaminants in pyrolysis oils, allowing for downstream processing of circular plastics streams. PuriCycle can assist companies in meeting industry compositional compliance standards, gaining high efficiency in purification and upgrading solutions, and increasing their flexibility in the chemical recycling of plastics. PuriCycle purifies pyrolysis oils, a secondary raw material derived from the chemical recycling of plastic waste and used in manufacturing new polymers at the start of the value chain.
Which region dominates the adsorbents market, and what factors contribute to its leadership?
Asia-Pacific was the largest region in the adsorbents market in 2024. The regions covered in the adsorbents market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How is the adsorbents market segmented, and which segment holds the largest share?
The adsorbents market covered in this report is segmented –
1) By Type: Molecular Sieves, Activated Carbon, Silica Gel, Clay, Other Type
2) By Application: Water Treatment, Air Separation, Packaging, Gas Refining, Other Application
3) By End-User: Pharmaceutical, Commercial, Industrial, Petrochemical, Other End-User
Subsegments:
1) By Molecular Sieves: Type A, Type X, Type Y
2) By Activated Carbon: Granular Activated Carbon (GAC), Powdered Activated Carbon (PAC), Extruded Activated Carbon
3) By Silica Gel: Standard Silica Gel, Chromatography Silica Gel
4) By Clay: Natural Clay, Modified Clay
5) By Other Types: Zeolites, Alumina, Bio-Based Adsorbents
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How is the adsorbents market defined?
Adsorbents are insoluble materials with liquid coatings on their surfaces, such as capillaries and pores. Adsorbents are essential in chemical absorption, which occurs when a specific component is trapped on the surface of a material.
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