With the governments’ reforms and regulation focusing on the treatment of wastewater, the global adsorbents market is expected to boost in coming years. Enforcement of government regulations for industrial and municipal wastewater treatment is a major driver of the global adsorbent market. Growing purchasing power, increasing urbanization, rising economic growth in developing countries, growth in end-user industries, modernization of existing water and waste water treatment infrastructure in developing countries are some of the other drivers of adsorbents market.
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Adsorption is present in many natural, biological, chemical and physical systems and is widely used in industrial applications such as apprehending waste heat to provide cold water for air conditioning, activated charcoal and some of the other process requirements such as adsorption chillers. Adsorbents with larger surface area, high adsorption capacity and better service life are more in demand by industries as they prefer cost-effective and high performance adsorbents which maximizes profit margin.
Adsorbents are increasingly being used in pollution control and to reduce contamination levels in both air and water that is caused during various industrial processes. For an adsorbent to be effective, small pore diameters and distinct pore structure which helps in speedy transport of gaseous vapors are necessary.
For better understanding of the global adsorbents market, it can be broadly bifurcated on the bases of adsorbent type and adsorbent applications. On the basis of adsorbent type, the adsorbents market can be segmented as molecular sieves, silica gel, activated alumina, activated carbon, clay and others.
Furthermore, price and availability of raw materials are making it difficult for the manufacturers of adsorbents to maintain profit; hence, insufficient availability and high cost of specialized raw materials required for specific adsorbents are major restraining factors for the adsorbents market.
Major competitors in North American, European, and Asia-Pacific regions include, BASF SE, Clariant, W. R. Grace & Co., Cabot Corporation, Zeochem AG, UOP LLC, Axens Group, Arkema, and Zeolyst among others.
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