The global adsorption equipment market size was USD 433.89 Million in 2021 and is expected to register a revenue CAGR of 5.0% over the forecast period, according to the latest report by Reports and Data.
The growing demand for adsorbents in the automotive industry is the main driver of market revenue growth. The growing application of adsorbents in the automotive industry is due to the multitude of processes carried out to make a vehicle aesthetically pleasing and safe. These processes include paint and chemical treatments, often resulting in the release of harmful emissions into the atmosphere of the production site. To avoid these adverse conditions, adsorbents are being marketed to provide cleaner wastewater from different suppliers.
The purification process also helps maintain standards maintained by the government to maintain safe levels of airborne contaminants. Adsorbents also include a wide variety of products of different capacities and phases on which they operate. These devices were developed due to high demand in the field of safe environmental standards which are often disturbed by many growing industries. For example, electronics, chemicals, semiconductors and pharmaceuticals, among others, are responsible for emitting pollutants such as volatile organic compounds (VOCs), which are classified as vapor pressure is higher than at normal ambient temperature.
Other key factors contributing to market revenue growth include increasing recognition of separation techniques and recent developments in adsorbents. Adsorbents are used in industrial applications for the control and recovery of volatile solvents such as benzene and ethanol.
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Some Key Highlights from the Report
- Based on the regional analysis, the adsorbent market in Asia Pacific will account for the largest share of revenue in 2021. The growing demand for wastewater treatment in the food industry is the main driving force behind the growth. driving revenue growth of the market in this region. In addition, the growing environmental awareness of the region's end users is a key driver for the market's revenue growth. The governments of various countries in this region are investing heavily in policies to reduce industrial emissions and implement them.
- The Indian market accounts for the largest share of revenue due to the widespread integration of adsorbents into environmental systems for the recovery and treatment of contaminated water or air streams. In addition, the Indian government has issued strict regulations to control VOC emissions from chemical, printing, pharmaceutical, food and beverage and other end-use industries. in that country.
- On July 19, 2022, Evoque Water Technologies, a leading manufacturer of water treatment solutions based in Pittsburgh, Pennsylvania, USA, announced the acquisition of Epicor, Inc., a leading manufacturer of water treatment solutions. High quality ions powder based in New Jersey. exchange resins and mixtures of resins or fibers for the energy industry.
- For more than 50 years, Epicor's specialty resins for steam systems have been revolutionary. In addition, plastics provide an economical and efficient method to produce and maintain a steady supply of ultrapure water for power plants. This acquisition is significant as it enhances the ability of Epicor's Integrated Services and Solutions business to support and serve customers in the energy industry.
- Companies profiled in the market report include Durr, Munters, Taikisha Ltd., Evoqua Water Technologies LLC, Oxbow Corporation, Comi Polaris Systems, Kilburn Engineering Ltd., Carbtrol, Newterra ltd., and RCM Technologies.
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- For the purpose of this report, Reports and Data has segmented the global adsorption equipment industry into Bed Type Outlook, Phase Type Outlook, End-Use Outlook, and Region:
Bed Type Outlook (Revenue, USD Billion; 2019-2030)
- Fixed Bed
- Disposable Canisters
- Moving Bed Adsorbers
- Fluidized Bed Adsorbers
- Others
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Liquid Phase
- Vapor Phase
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Waste Wastewater Treatment
- Furniture Manufacturing
- Electronics
- Automotive
- Others
Regional Outlook (Revenue, USD Billion; 2019-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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