Adsorbents, which
also act as desiccant and catalyst, are used in various industrial applications
to adsorb other substances. Adsorbents are used for metal purification, water
purification, deodorization of gases, drying of gases and refrigerant gases and
for many other purposes. Adsorbents Market is estimated to grow at CAGR of 6.5% to reach $5.47 Billion by 2021.
Major adsorbents types used
for different applications are activated alumina, activated charcoal,
activated coal, alumina silica gel, metal oxides, molecular sieves, polymer
adsorbents, zeolites and others. Zeolite is a naturally occurred adsorbent that
is slightly processed for the commercial applications. It has the major market
share in the adsorbents market for 2015. The major producers for zeolite are
China, South Korea, Japan, Jordan, U.S. and Turkey.
The activated alumina adsorbent market is major in the APAC
region during the period 2015-2021. Activated alumina is also used as
desiccant, catalyst and catalyst support. Activated clay had the major share in
APAC region for 2015. It is majorly used in industries such as nutraceuticals,
diagnostics, pharmaceuticals, medical, food, confectionary and electronics.
Demand for Adsorbents from Oil & Gas and
Chemicals/Petrochemicals Applications Due To High Shale Oil and Gas Production
in North America
Adsorbents are used in oil & gas refining, water
treatment, air separation, VOC removal and many other applications. Crude
deliveries from oil sands and heavy reservoirs contain numerous contaminants elements
which need to be removed during the refining process. Adsorbents are used to
separate the hosting contaminants such as CS2, H2S, HF, oxygenates, ammonia,
nitrogen and sulphur compounds from hydrocarbon streams in diverse refinery
applications. Adsorbents market has the major share in North America due to the
high oil production from U.S. and Canada from shale sources.
In chemicals/petrochemicals application, adsorbents are used
to preserve and enhance the chemicals stability. In air separation application,
the adsorbents are used to produce high purity gases such as O2, N2, H2 and CO.
Adsorbents in air separation application for APAC region is estimated to grow
at a high CAGR 5.4% during the forecast period 2016-2021.
Asia-Pacific (APAC) region was the major market
for adsorbent market and is estimated to grow at a high growth rate during the forecast
period 2016-2021. In the APAC region,
China, India and Japan are the major markets for adsorbents industry. North
America, which followed APAC in adsorbent market, has a definite potential due
to increase in demand for adsorbents in oil & gas refining and chemicals/petrochemicals
applications. With several legislations in Europe related to nuclear waste
handling such as Radioactive Substances Act 1993 (RSA93), Environmental
Permitting (England and Wales) Regulations 2010, pull the demand for adsorbents
in the region during the forecast period.
In this report, the market has been segmented
by geography as North America, Europe, APAC and Rest of the World (RoW). Market
size and forecasts are provided for each of these regions. A detailed
qualitative analysis of the factors responsible for driving and restraining
growth of adsorbent market and opportunities for the future is provided in the
report.
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