Adsorbents Market: Global Industry Analysis and Opportunity Assessment 2018-2023

Posted by Priya on May 4th, 2018

Adsorbents are used in various processes such as drying of natural gas, crude oil, air separation, and water treatment among others. The global adsorbents market has been driven by the range of its application in various uses such as petroleum refinery, chemical synthesis, petrochemicals, and others. Moreover, it is estimated that the petroleum refinery segment is set to witness the highest growth in the market due to its extensive use in purification of crude and natural gas. The increasing awareness about the pollution coupled with the stringent government regulations is also expected to boost the use of adsorbents in treatment of water throughout the globe.

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Top 10 Key Leading Key Player 

Some of the prominent players operating in the Global adsorbents  market are Arkema S.A (France), BASF SE (Germany), W.R Grace and Company (U.S), Calgon Carbon Corporation (U.S), Axens S.A (France), The Dow Chemical Company (U.S), Mitsubishi Chemical Corporation (Japan) Cabot Corporation (U.S.), Clariant (Switzerland),  and W.R. Grace & Company (U.S.), among othe

Market Segmentation

The global adsorbents market is segmented into product type and application. On the basis of product type, the market is segregated into molecular sieves, activated carbon, silica gel, activated alumina, clay, and others. The market by end-user industry is further categorized into petroleum refining, chemicals/petrochemicals, gas refining, water treatment, air separation & drying, packaging, and others.

Intended Audience

• Adsorbents   market manufacturers
• Traders and Distributors of Adsorbents  market
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory 

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Market Scenario

The molecular sieves product segment is the leading type in the market on account of its extensive use in the petroleum industry for the removal of sulfur and water from crude and natural gas. Moreover, its use in the non-cryogenic oxygen production plants for the production of high purity oxygen is contributing to the growth of the segment. The petroleum refinery is the leading application used in the market and is anticipated to observe a higher CAGR due to extensive use of adsorbents in the purification of feedstock and in the refining of crude and natural gas.