Adsorbents Market Research, Size, Share and Growth Forecast by Manufacturers Such as BASF, Clariant, W. R. Grace & Co., Cabot Corporation, Zeochem, UOP LIMITED, Axens, Arkema & Zeolyst International

A major trend being witnessed in the global adsorbents market is increased investments by the market players to boost their production capacity for adsorbents. Owing to the large-scale application of adsorption materials in a wide range of industries, players engaged in the development of these materials are working toward expanding their production capacity to meet the growing product demand.

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The major factor driving the adsorbents market growth is the growing demand for oil and gas across the world. Due to the increasing energy demand worldwide, a large number of oil and gas companies are expanding their refining capacities. Countries such as India and China continue to boost their domestic capacity for crude oil refining.

The major restraint identified in the adsorbents market is the fluctuation in oil prices, globally. Over the last few years, the prices of oil have declined sharply, thereby eroding the profitability of associated companies.

Growth in the chemical processing industry across various countries, particularly in emerging nations such as China, India, Brazil, and Indonesia, has resulted in lucrative opportunities for the players in the adsorbents market. Major chemical-producing companies are expanding their production base in these countries in a bid to meet the domestic demand for chemicals.

Some of the major players operating in the global adsorbents market are BASF SE, Clariant Ltd., W. R. Grace & Company, Cabot Corporation, Zeochem AG, UOP LLC, Axens Group, Arkema srl, and Zeolyst International.

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The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.

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