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Global Adsorbent Market 2019-2023

Global Adsorbent Market 2019-2023

About this market

The global oil and gas refining industry is one of the key end-users of adsorbents. The oil and gas and petrochemical industries are growing at a rapid pace. The rapid growth of the oil and gas and petrochemical industries is expected to encourage the growth of the global adsorbent market during the forecast period. Adsorbents are used in petroleum refineries to eliminate contaminants and undesired compounds from several hydrocarbon streams. Adsorbents are effective and economical when it comes to removing contaminants during petroleum refining. The removal of contaminants is vital in refineries as it prevents the deactivation of downstream petrochemical catalysts and refinery process catalysts. These can be removed by the application of adsorbents. Therefore, the increase in the global refining capacity has a direct impact on the demand for adsorbents. Technavio’s analysts have predicted that the adsorbent market will register a CAGR of over 6% by 2023.

Market Overview

Growing demand for zeolite-based adsorbents

Zeolite is predominantly used as an adsorbent in the petroleum refining, chemical and petrochemical, and industrial gases sectors. It mainly acts as a molecular sieve due to its unique natural honeycomb structure. This structure helps zeolite adsorb, immobilize, and bind liquids, gases, and solid particles. It is a highly efficient adsorbent method of refining and removing hydrocarbons, ammonia, heavy metal cations, and radioactive cations in industrial environments.

Ineffectiveness of adsorbents in certain applications

Adsorbents are widely known for their effective, economical, and simple processing. However, adsorbents have certain limitations, which are expected to hinder the growth of the market during the forecast period. The reduced service life of adsorbents due to the high level of impurities is also expected to have a negative impact on the growth of the market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the adsorbent market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Adsorbent Market 2019-2023

Technavio recognizes the following companies as the key players in the global adsorbent market: Arkema, BASF SE, Clariant, Honeywell International Inc., KURARAY CO., LTD., W. R. Grace & Co..

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increasing focus on regeneration and recycling of absorbents.”

According to the report, one of the major drivers for this market is the growing importance of wastewater recycling and water reuse.

Further, the report states that one of the major factors hindering the growth of this market is the adoption of renewable energy sources.

Companies Mentioned

Arkema

BASF SE

Clariant

Honeywell International Inc.

KURARAY CO., LTD.

W. R. Grace & Co.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global specialty chemicals market
      • Table Segments of global specialty chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Zeolite-based adsorbents - Market size and forecast 2018- 2023
      • Table Zeolite-based adsorbents - Market size and forecast 2018-2023 ($ millions)
      • Table Zeolite-based adsorbents - Year-over-year growth 2019-2023 (%)
    • Activated carbon-based adsorbents - Market size and forecast 2018-2023
      • Table Activated carbon-based adsorbents - Market size and forecast 2018-2023 ($ millions)
      • Table Activated carbon-based adsorbents - Year-over-year growth 2019-2023 (%)
    • Silica gel-based adsorbents - Market size and forecast 2018- 2023
      • Table Silica gel-based adsorbents - Market size and forecast 2018-2023 ($ millions)
      • Table Silica gel-based adsorbents - Year-over-year growth 2019-2023 (%)
    • Activated alumina-based adsorbents - Market size and forecast 2018-2023
      • Table Activated alumina-based adsorbents - Market size and forecast 2018-2023 ($ millions)
      • Table Activated alumina-based adsorbents - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Process industries - Market size and forecast 2018-2023
      • Table Process industries - Market size and forecast 2018-2023 ($ millions)
      • Table Functions of adsorbents in major process industries
      • Table Process industries - Year-over-year growth 2019-2023 (%)
    • Water treatment - Market size and forecast 2018-2023
      • Table Water treatment - Market size and forecast 2018-2023 ($ millions)
      • Table Water treatment - Year-over-year growth 2019-2023 (%)
    • Air separation - Market size and forecast 2018-2023
      • Table Air separation - Market size and forecast 2018-2023 ($ millions)
      • Table Functions of adsorbents in air separation application
      • Table Air separation - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table Oil refinery capacity growth in APAC 2008-2017 (%)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table Oil refinery capacity growth in North America 2008-2017 (%)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table Oil refinery capacity growth in MEA 2008-2017 (%)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table Oil refinery capacity growth in Brazil 2008-2016 (%)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global liquid fuel consumption 2014-2020 (mbpd)
      • Table Global oil refinery capacity growth 2008-2017 (%)
      • Table Characteristics and advantages of zeolite-based adsorbents
    • Market challenges
      • Table Adsorbent materials and their limitations
      • Table Global renewable investments 2000-2016 ($ billions)
      • Table Production of zeolite (natural) in US 2012-2017 (metric tons and %)
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing focus on regeneration and recycling of adsorbents
    • Development of new-generation adsorbents
    • Rising investments in shale industry
      • Table Shale production in US 2007-2017 (billion cubic feet)
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arkema
      • Table Arkema - Vendor overview
      • Table Arkema - Business segments
      • Table Arkema - Organizational developments
      • Table Arkema - Geographic focus
      • Table Arkema - Segment focus
      • Table Arkema - Key offerings
    • BASF SE
      • Table BASF SE - Vendor overview
      • Table BASF SE - Business segments
      • Table BASF SE - Organizational developments
      • Table BASF SE - Geographic focus
      • Table BASF SE - Segment focus
      • Table BASF SE - Key offerings
    • Clariant
      • Table Clariant - Vendor overview
      • Table Clariant - Business segments
      • Table Clariant - Organizational developments
      • Table Clariant - Geographic focus
      • Table Clariant - Segment focus
      • Table Clariant - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Vendor overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Organizational developments
      • Table Honeywell International Inc. - Geographic focus
      • Table Honeywell International Inc. - Segment focus
      • Table Honeywell International Inc. - Key offerings
    • KURARAY CO., LTD.
      • Table KURARAY CO., LTD. - Vendor overview
      • Table KURARAY CO., LTD. - Business segments
      • Table KURARAY CO., LTD. - Organizational developments
      • Table KURARAY CO., LTD. - Geographic focus
      • Table KURARAY CO., LTD. - Segment focus
      • Table KURARAY CO., LTD. - Key offerings
    • W. R. Grace & Co.
      • Table W. R. Grace & Co. - Vendor overview
      • Table W. R. Grace & Co. - Business segments
      • Table W. R. Grace & Co. - Organizational developments
      • Table W. R. Grace & Co. - Geographic focus
      • Table W. R. Grace & Co. - Segment focus
      • Table W. R. Grace & Co. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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