Adsorbents Market Size Share & Report, 2024

Adsorbents Market Size 2024 To 2032

• The global adsorbents market size reached USD 4.9 Billion in 2023.

• The adsorbents market size is expected to reach USD 7.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032.

• Region-wise, the market has been segmented into North America (United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.

• Based on the type, the market has been divided molecular sieves, activated carbon, silica gel, activated alumina, clay, and others.

• Based on the application, the market has been categorized into petroleum refining, gas refining, chemicals, water treatment, air separation and dying, packaging, others.

• The growing need for measures that control pollution is a primary driver of the adsorbents market.

• The widespread product utilization in pharmaceutical, biotechnology, and electronic sectors is reshaping the adsorbents market.

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Industry Trends and Drivers:

• Growing Environmental Regulations:

The rising demand for effective pollution control measures is one of the major factors boosting the market growth.

Moreover, the imposition of stricter environmental regulations, prompting industries such as oil and gas, chemicals, and wastewater treatment to use adsorbents that reduce harmful emissions, is catalyzing the market growth. For instance, the widespread application of absorbents in oil refining for removing contaminants like sulfur and mercury, is positively impacting the market growth.

In addition to this, the rising reliance of the chemical industry on adsorbents for purifying gases and liquids, ensuring compliance with environmental laws, is acting as a growth-inducing factor.

• Increasing Demand for Clean Water:

The increasing need for clean and safe drinking water is another major factor driving the market growth. Besides this, the growing population and urbanization, creating the demand for water purification technologies, are contributing to the market growth. Adsorbents are widely used in water treatment processes to remove harmful substances such as heavy metals, organic compounds, and other contaminants.

Additionally, the growing reliance of industries on water, such as pharmaceuticals, food and beverages (F&B), and textiles, leading to the adoption of adsorbents for treating wastewater before discharge or reuse, is catalyzing the market growth. Apart from this, the widespread incorporation of advanced absorbent materials by municipal water treatment facilities to meet the increasing demand for purified water is creating a positive outlook for the market growth.

• Expanding Industrial Applications:

The expanding product utilization in industrial applications, such as pharmaceuticals, biotechnology, and electronics, is positively impacting the market growth. In line with this, the increasing application of absorbents in the pharmaceutical industry to purify active ingredients and remove impurities during drug manufacturing processes is bolstering the market growth.

Moreover, the rising product demand in electronics for moisture control and gas purification, thereby ensuring the longevity and performance of sensitive components, is fueling the market growth.

Additionally, the versatility of adsorbents, which can be tailored to specific industrial needs, making them indispensable across a wide range of sectors, is providing a considerable boost to the market growth.

Adsorbents Market Report Segmentation:

Breakup By Type:

• Molecular Sieves

• Activated Carbon

• Silica Gel

• Activated Alumina

• Clay

• Others

Based on the type, the market has been divided molecular sieves, activated carbon, silica gel, activated alumina, clay, and others.

Breakup By Application:

• Petroleum Refining

• Gas Refining

• Chemicals

• Water Treatment

• Air Separation and Dying

• Packaging

• Others

Based on the application, the market has been categorized into petroleum refining, gas refining, chemicals, water treatment, air separation and dying, packaging, others.

Breakup By Region:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Region-wise, the market has been segmented into North America (United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.

Top Adsorbents Market Leaders:

The adsorbents market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

• Arkema S.A.

• Axens S.A.

• BASF SE

• Cabot Corporation

• Calgon Carbon Corporation

• Clariant AG

• Graver Technologies LLC (Marmon Industrial LLC)

• PQ Corporation (CPQ Midco I Corporation)

• W. R. Grace and Company

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Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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