The adsorbent industry is projected to be valued at USD 5,757.10 million in 2024 and is expected to exceed USD 10,117.20 million by 2034, expanding at a CAGR of 5.80% from 2024 to 2034.
The rising demand for adsorbents in air pollution management is driven by increasing concerns about air quality and its impact on human health. Adsorbents like activated carbon and zeolites are effective in removing pollutants such as nitrogen oxides (NOx), sulfur dioxide (SO2), and volatile organic compounds (VOCs) from vehicle exhaust and industrial emissions. The need for adsorbent-based air purification systems is growing as governments implement stricter regulations to curb air pollution.
In water treatment, the applications of adsorbents are expanding due to the necessity for clean water. Adsorbents are used to purify drinking water, industrial wastewater, and groundwater by removing impurities such as heavy metals, organic pollutants, and microbes. The demand for efficient adsorbent-based water treatment solutions is increasing due to urbanization, population growth, and industrial activity, particularly in regions facing water shortages and pollution issues.
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Rapid industrialization, urbanization, and infrastructural development are occurring in developing countries, especially in Asia-Pacific, Latin America, and Africa. This growth, accompanied by rising pollution levels and environmental concerns, is driving the need for adsorbents in pollution control and environmental remediation applications. Additionally, the demand for adsorbents in water treatment, healthcare, and pharmaceutical applications is rising due to the developing healthcare infrastructure and improving living standards in these regions. Overall, the growing market potential in developing nations is contributing to the increasing demand for adsorbents.
Key Takeaways from the Adsorbent Market Report
- The global market size stood at US$ 4,718.30 million in 2019.
- The molecular sieve segment holds 41.60% of market shares in 2024.
- The petroleum & petrochemical segment captured 31.50% of market shares in 2024.
- The market size in the United States is projected to rise at a 3.20% CAGR through 2034.
- The market size in Germany is anticipated to develop at a 2.70% CAGR through 2034.
- The market size in Japan is estimated to surge at a 2.40% CAGR through 2034.
- The market size in India is expected to increase at an 8.40% CAGR through 2034.
“In the adsorbent market, success depends on innovation, collaboration, and consumer focus. Demand is being driven by sustainability, thus, in order to succeed, businesses must give priority to eco-friendly solutions and strategic alliances.” – Says a Lead Analyst at Future Market Insights (FMI).
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Competitive Landscape
The adsorbent industry is characterized by strong competition among prominent companies, contending for market dominance and competitive advantage. Leading organizations such as BASF SE, Calgon Carbon Corporation, and Arkema Group use strategic initiatives such as product innovation, R&D, and mergers and acquisitions to retain their competitiveness and growth. These organizations use their technological knowledge, worldwide reach, and strong brand name to distinguish their services and seize market opportunities in a variety of sectors and applications.
Top Key Players
- BASF SE
- Sorbead India
- Adsorbents Carbons
- Universal Carbons
- Global Absorbents Pvt. Ltd.
- Arkema Group
- W. R. Grace & Co.-Conn.
- Axens S.A
- Cabot Corporation
- Clariant AG
- Zeochem AG
- Honeywell International Inc
- Zeolyst International
- Ashapura Group
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Recent Developments
- In October 2023, Zeolyst International introduced a branded product line. The new product portfolio brand names are Opal Renew, Opal Infinity, Opal Pure, and Opal Blue. The new brands represent a commitment to driving improvements in zeolite catalysis and adsorption.
- In June 2023, Clariant introduced Desi Pak® Eco moisture adsorbing packets. It uses bio-based paper derived from sustainably farmed raw materials. They’re intended to assist manufacturers and distributors in preserving sealed packed items from moisture damage.
Adsorbent Market Segmentation
By Product Type:
- Activated Alumina
- Activated Carbon
- Molecular Sieve
- Clay
- Silica Gel
- Polymeric Adsorbent
By Application:
- Petroleum & Petrochemical
- Chemicals
- Water Treatment
- Air Separation & Drying
- Pharmaceutical
- Food Processing
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific (APAC)
- Middle East & Africa (MEA)
- Japan
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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