Global Adsorbents Market Report 2019: Huge Opportunities, Demand Survey By Top Key Players Arkema S.A, BASF SE, W.R Grace And Company, Calgon Carbon Corporation, Axens S.A, The Dow Chemical Company.

Adsorbents are materials that sorb another substance. They create layers on the surface through the process of adhesion. Adsorbents extract certain elements from solids, liquids, and gases and make them stick to its surface without altering their physical and chemical properties. They are mainly used in the form of rods, moldings, or monoliths and spherical pallets. The properties such as high thermal stability and abrasion resistances pave their way into many end-user industries such as petrochemicals, air separation and drying, and water treatment among others.

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Among the various product segments in adsorbents market, the molecular sieves segment is the leading segment of the market and is anticipated to continue its dominance over the forecast period. The molecular sieves adsorbents have pores of precise sizes that can block molecules which makes them ideal for use in the petrochemical, drying and air separation applications. In the gas industry, adsorbents are used for drying of gases such as steam crack gas, methyl chloride, LNG, and others, in water plants it is used for the removal of fluoride and arsenic through a process of DE fluoridation.

Market Segmentation

The global adsorbents market is segmented into product type and application.

Based on 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.

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 to produce 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.

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Regional Analysis

The global adsorbents market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, North America holds a major portion of the global market and is anticipated to continue its dominance due to developed petroleum and petrochemical industry. The Middle East is expected to show a steady growth owing to their huge upstream oil and gas industry. Moreover, the growing pharmaceutical and use of adsorbents in the packaging of electronics and biomedical products are also driving the market positively. Europe is expected to show significant growth during the forecast period.

The growing upstream activities has augmented the need for adsorbents in the region. Moreover, the shale gas boom has further added to the growth of the market. The major countries attributing to this growth are the U.S. and Canada. Asia Pacific is expected to be the fastest growing market owing to the increasing need for petroleum products to fulfill their energy dependency.

Competitive Analysis

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 others.

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TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview Of Global Adsorbents Market

To Be Continue……

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