The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The rising demand for oxygen concentrators is likely to spur innovation in adsorbents manufacturing, propelling the market during the forecast period.

The global adsorbents market is expected to grow from $4.39 billion in 2022 to $4.69 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The global adsorbents market size is expected to reach $5.99 billion in 2027 at a CAGR of 6.3%.

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 Global Adsorbents Market Segments Include:

• By Type: Molecular Sieves, Activated Carbon, Silica Gel, Clay, Other Type
• By Application: Water Treatment, Air Separation, Packaging, Gas Refining, Other Application
• By End-User: Pharmaceutical, Commercial, Industrial, Petrochemical, Other End-User
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global adsorbents market in 2021.

Major Market Players in the adsorbents market include Arkema SA, Axens S.A, BASF SE, Cabot Corporation, Clariant AG, Calgon Carbon Corporation, Graver Technologies, W.R. Grace & Company, Sorbead India, Adsorbents Carbons, Universal Carbons.

Product development is a major trend in the adsorbents market. Major adsorbents firms concentrate on producing new products to fulfil client demand. PuriCycle, for example, was released in July 2022 by BASF SE, a German-based firm. PuriCycle’s product line comprises novel catalysts and adsorbents designed to selectively remove or convert a wide spectrum of pollutants in pyrolysis oils, enabling downstream processing of circular plastics streams. PuriCycle may help businesses fulfil industry compositional compliance standards, obtain high efficiency in purifying and upgrading solutions, and increase their flexibility in chemical plastic recycling. PuriCycle purifies pyrolysis oils, a secondary raw material obtained from the chemical recycling of plastic waste and utilised at the start of the value chain to manufacture new polymers.

The Adsorbents Global Market Report 2023  provides a adsorbents market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The adsorbents market forecast analyzes adsorbents market size, adsorbents market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Adsorbents, such as capillaries and pores, are insoluble materials with liquid coats on their surfaces. Adsorbents are required for chemical absorption, which occurs when a specific component becomes trapped on the surface of a substance.

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