Global Desiccant and Adsorbent Market 2015-2019
About desiccants and adsorbents
Desiccants are commonly used to remove excessive humidity that would normally degrade or destroy products sensitive to moisture, and adsorbents are materials containing tiny (small) pores of a precise and uniform size used for gases and liquids. The commonly used desiccants and adsorbents are silica gel, activated alumina, activated carbon, molecular sieves, Montmorillonite clay, and alumino-silicate minerals (ceramic balls) or reactive ∝-alumina (tabular alumina). The major end-user segments are oil and gas, petrochemicals, construction, pharmaceuticals, refractories, processing industries, water treatment plants, and abrasives.
Technavio's analysts forecast the global desiccants and adsorbents market to grow at a CAGR of 10.52% over the period 2014-2019.
Covered in this report
Based on type, the global desiccants and adsorbents market can be segmented into molecular sieves, activated alumina, activated carbon, silica gel, ceramic balls, and tabular alumina.
Technavio's report, Global Desiccants and Adsorbents Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, the Americas, Europe, and MEA; it also covers the global desiccants and adsorbents market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Desiccant and Adsorbent Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Desiccant and Adsorbent Market: Almatis, Axens, BASF, CECA, UOP, WR Grace and Zeochem
Other Prominent Vendors in the market are: Calgon Carbon, C-E Minerals, Jacobi Carbons, Johnson Matthey, Linde and Norit
Commenting on the report, an analyst from Technavio’s team said: “The increased demand from APAC is one of the major positive trends being witnessed by manufacturers in the market in recent years. There has been a significant increase in the use soft adsorbents and desiccants in emerging economies in the region, especially in India and China. The increased demand in APAC, resulting from the increase in economic and industrial development in the region in recent years, is the major driver for the growth of the market.”
According to the report, industrial facilities such as clinker cement plants, coal-fired power plants, and others with large industrial boilers are expected to show a dramatic increase in demand for activated carbon in the future. Current global energy markets are marked by rapidly rising energy consumption in emerging markets. Global demand for coal-fired power generation will primarily be driven by the Asian countries of China and India.
Further, the report states that the high price of activated carbon will be a major obstacle hindering the growth of the global adsorbents market during the forecast period.
Almatis, Axens, BASF, CECA, UOP, WR Grace, Zeochem, Calgon Carbon, C-E Minerals, Jacobi Carbons, Johnson Matthey, Linde, Norit