Adsorbent Market Key Highlights:
- Market Size (2024): USD 5,758 Million
- Projected Market Size (2034): USD 10,215 Million
- CAGR (2023-2034): 5.9%
Pricing Analysis:
- Price Growth
- Regional Variations
Volume Analysis:
Import-Export Data
- Major Importers
- Major Exporters
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Price by Manufacturer
- Examination of pricing strategies adopted by various manufacturers.
Adsorbent Market Definition
The global absorbents market focuses on the production of materials that have small holes which are used to soak up the liquid. These materials usually include cellulose silica gel and synthetic polymers too. The rising demand for absorbents in industrial applications like spill control of oil and chemicals is one of the leading factors that drive the market growth.
- According to a report by business waste management, the worldwide industrial waste generation is around 9.2 billion tonnes.
The rising sustainability trend can play a crucial factor in hampering the market growth. Stricter disposable regulations for reducing pollution can be a restraining factor to the growth of the global absorbent market. However, the rising initiatives towards developing eco-friendly absorbents can play an impactful role in providing multiple business opportunities in the upcoming years.
- In May 2024, PBE announced an investment to double the production capacity of absorbent products for plus-size individuals, launching Tranquility Premium OverNight and Essential Underwear in 3XL, with a focus on comfort, absorbency, and fit for heavy incontinence.
Adsorbent Market Segmentation:
By Product Type
- Activated Alumina
- Activated Carbon
- Molecular Sieve
- Clay
- Silica gel
- Polymeric Adsorbent
By Application
- Petroleum & Petrochemical
- Chemicals
- Water Treatment
- Air Seperation & Drying
- Pharmaceutical
- Food Processing
- Others
Adsorbent Market Companies:
- BASF SE
- TOSOH Corporation
- Honeywell International Inc.
- Arkema S.A
- CPH Group
- Clariant AG
- Ecovyst Inc.
- Grace & Co.
- Spectrum Chemical
- Albemarle Corporation
- PQ Corp.
- Luoyang Jalon Micro-Nano New Materials Co., Ltd
- KNT Group
- KMI Molecular sieves Inc.
- Silkem d.o.o.
- Sorbead India
- Zeotec Adsorbents Private Limited
- Axens S.A
- Zeochem AG
- Siddhartha Industries
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