An adsorbent can be described as a substrate which has the ability to eke out particular elements from gases, solids or liquids. This process of extraction is called adsorption and takes place when the adsorbent attracts other material to stick to its surface without any physical alteration. An adsorbent and absorbent are quite different with the latter involving the dissolution of a liquid in a fellow liquid or solid. Adsorbent materials are commonly used for their desiccant and aerator properties. Various types like alumina adsorbent come in different forms like pellets, moldings or rods. Thus, the Adsorbents Market is well placed to register a strong amount of growth during the forecast period of 2016-2022.
Scope & Regional Forecast of the Adsorbents Market
The Adsorbents Market has observed various industries like petrochemical are intent on cutting back on raw material expenses. With regulations being tightened on a regular basis, environmental preservation has also made a mark on their processes and operations. Hence, catalysts like solid adsorbent are being widely used to aid chemical reactions in an effort to make sure that the entire process is a little bit more cost-efficient. Adsorbent materials have been critical in making sure that numerous product lines achieve their objectives within the allocated time. Such an application as a catalyst is expected to help the Adsorbents Market in registering a CAGR of 6.8% till at least 2021.
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Currently, the Adsorbents Market is dominated by demand emanating from North America owing to the popularity of water treatment procedures. As the rate of urbanization and industrialization gathers pace across the world, the dumping of pollutants is expected to drive future demand for adsorbent materials. While Asia-Pacific is currently attracting an enormous amount of manufacturing investment, it lacks stringent regulations regarding emissions or dumping of chemicals. This is expected to change in the future.
Segmentations & Key Players Involved in the Adsorbents Market
The Adsorbents Market can be broken down into various segmentations on the basis of –
Type: Activated Alumina, Activated Charcoal, Activated Clay, Alumina Silica Gel, Metal Oxides, Polymer Adsorbents, Zeolites (Molecular Sieves) and Others.
Application: Oil & Gas Refining, Chemicals/Petrochemicals, Air Separation, Nuclear Waste Remediation, Volatile Organic Compound (VOC) Removal, Refrigeration and Air-Conditioning (RAC) Systems, Water Treatment and Others.
Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.
Some of the key players involved in the Adsorbents Market are as follows:
W. R. Grace & Co.-Conn.
Adsorbents and Desiccants Corporation of America
UOP (Honeywell International Inc.)
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