The Industrial Adsorbents Market is being driven by Launch of new oil and gas projects
The Industrial Adsorbents Market is expected to grow at a CAGR of 5.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 984.5 million. The industrial adsorbents market is experiencing a noteworthy trend with an increasing number of strategic partnerships and mergers. One such significant merger occurred between Sorbead India and Swambe Chemicals in May 2024, resulting in the establishment of Sorbchem India Private Limited. This strategic move aims to consolidate their respective expertise and expand product offerings in the desiccants and adsorbents sector. The combined entity, Sorbchem India Private Limited, will leverage the strengths of both companies to deliver superior-quality desiccant and adsorbent solutions, ensuring continued innovation and excellence in the industry.
Get more information on Industrial Adsorbents Market by requesting a sample report
The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Market Scope |
|
Report Coverage |
Details |
Page number |
221 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.9% |
Market growth 2025-2029 |
USD 984.5 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
5.8 |
Key countries |
US, China, India, Germany, Canada, Japan, France, Brazil, UK, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Industrial Adsorbents Market encompasses various adsorbents used in industries for pollutant removal during gas drying processes, ensuring clean air and water. Bio-based adsorbents and green technologies, such as Activated Alumina, Activated Charcoal, Silica Gel, Zeolites, and Molecular Sieve, play a significant role in water treatment and petrochemical processes. Low-cost adsorbents are essential for wastewater treatment in industries. Adsorbents are used in various applications including air-conditioners, refrigerators, oxygen concentrators, medical purposes, denitrogenation technology, sulfur removal, nitrogen compounds, petroleum refining, and chemical processes. The Adsorbents Market caters to the demand for clean industrial processes, emissions reduction, and improved water quality.
The Industrial Adsorbents Market represents a significant segment within the global specialty chemicals industry, focusing on the production and supply of high-value adsorbents used extensively in various industries for gas drying, pollutant removal, and the production of clean air and water. Key players in this market include manufacturers of activated alumina, bio-based adsorbents, and other green technologies. The market's expansion will be fueled by the increasing demand for cleaner production processes and the shift towards sustainable, eco-friendly solutions. Technavio's market analysis indicates that the specialty chemicals industry, which includes the Industrial Adsorbents Market, will experience substantial growth due to the rising demand for specialty adhesives and sealants, as well as other high-performance materials. These advanced chemicals are essential in manufacturing a diverse range of products, from coatings and pigments to advanced polymers and additives. The global specialty chemicals market's revenue growth is expected to be driven by this trend, as well as the ongoing development and implementation of green technologies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted