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Adsorbents Market Worth 4.3 Billion USD by 2020


News provided by

MarketsandMarkets

04 Dec, 2015, 11:30 GMT

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PUNE, India, December 4, 2015 /PRNewswire/ --

The report "Adsorbents Market by Type (Molecular Sieves, Activated Carbon and Alumina, Silica Gel, Clay, and Others), by Application (Petrochemicals, Water Treatment, Air Separation & Drying, and Others), and by Region - Global Trends and Forecast to 2020", The global Adsorbents Market is projected to reach USD 4.3 Billion by 2020 at a CAGR of 6.3% during the period of study.

Browse 112 market data Tables and 52 Figures spread through 158 Pages and in-depth TOC on "Adsorbents Market"

http://www.marketsandmarkets.com/Market-Reports/adsorption-market-1173.html
Early buyers will receive 10% customization on this report.

The growth is fueled by the high potential from molecular sieves and activated carbon, increasing the global demand for petroleum refining, chemicals/petrochemicals, and growth in gas refining industry.

Molecular sieves to be the largest segment of Adsorbents Market by 2020. Molecular sieves are the largest segment of adsorbents that have very small pores of precise and uniform size. These are used in petrochemicals and air separation and drying applications. North America is the largest market for molecular sieves due to the huge demand from oil & gas industry. Moreover, rise in air separation & drying application is also driving the demand for adsorbents in the region. Asia-Pacific is the fastest-growing market for the use of molecular sieves mainly because of surge in the petroleum refining application especially in China the largest market for oil refining industry and the trend is expected to continue till 2020.

Petroleum refining industry to play the key role in the global adsorbents market 

Petroleum refining industry is the largest application of adsorbents globally. Petroleum refining adsorbents are widely used in dehydration of alkylation feed and in purification of feedstock to protect isomerization catalysts in refining. North America is the largest market for petroleum refining application of adsorbents. This high demand is due to the fact that crude oil in the region contains high amount of sulfur and other impurities, thus driving the adsorbents market in the region.

Request for Sample PDF: http://www.marketsandmarkets.com/pdfdownload.asp?id=1173

North America to be the dominant market for adsorbents

North America is the global forerunner of adsorbents market, in terms of value and volume, and this trend is expected to continue till 2020. The countries in this region such as the U.S., Canada, and Mexico are witnessing a significant increase in the use of adsorbents in air separation & drying and water treatment applications. The industrial development in North America is driving the demand for adsorbents materials used in this region. The U.S. accounts for a significant market share in the global adsorbents market.

The adsorbents market has less number of global players competing significantly for the market share, who are actively investing in various strategies such as, new product developments, major acquisitions, joint ventures & collaborations, and expansion projects globally to increase their market share. Also, companies are investing heavily in R&D activities. Major players, such as Arkema S.A (France), BASF SE (Germany), W.R Grace and Company (U.S), Calgon Carbon Corporation (U.S), and Axens S.A (France), have adopted various organic and inorganic developmental strategies.

This report covers the market, in terms of value and volume, for adsorbents and forecasts the market size till 2020. The report includes market segmentation by material, by application, and by region. It also provides company profiles and competitive strategies adopted by the major market players in the global adsorbents market.

Browse Related Reports: 

Activated Carbon/Charcoal/Coal Market by Product (Powdered, Granular) & Application (Water Treatment, Air Purification, Automotive, Food & Beverage) - Global Trends & Forecasts to 2016
http://www.marketsandmarkets.com/Market-Reports/activated-carbon-362.html

Ion Exchange Resins Market by Type (Cationic Ion Exchange Resins, Anionic Ion Exchange Resins, Chelation Resins and Adsorbent Resins), by Application (Chemical Processing, Drinking & Wastewater treatment, Food & Beverages, Power Generation, Electronics/Electricals, Mining) and by Region - Global Trends & Forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/ion-exchange-resins-market-865.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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