Analyzing the Adsorbents Market: Forecast 2023-2032 | Arkema SA, Axens S.A, BASF SE, Cabot Corporation, Clariant AG

The Adsorbents Global Market Report 2023, provides comprehensive information on the adsorbents market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global adsorbents market size is expected to grow from $4.39 billion in 2022 to $4.69 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global adsorbents market size is expected to reach $5.99 billion in 2027 at a CAGR of 6.3%.

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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.

The adsorbents market is segmented:

1) By ype: 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

Major Players:

• Arkema SA
• Axens S.A
• BASF SE
• Cabot Corporation
• Clariant AG

Asia-Pacific was the largest region in the adsorbents market in 2022.

The table of contents in TBRC’s adsorbents market report includes:
1.Executive Summary
2. Adsorbents Market Characteristics
3. Adsorbents Market Trends And Strategies
4. Adsorbents Market – Macro Economic Scenario
5. Adsorbents Market Size And Growth

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26.Africa Adsorbents Market
27. Adsorbents Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Adsorbents Market
29. Adsorbents Market Future Outlook and Potential Analysis
30. Appendix

Related Report:
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