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Adsorption Equipment Market Segmented by Type, Top Manufacturers, Geography Trends & Forecasts to 2025

Author : Ronak Bora | Published Date : 2020-09-08 

The adsorption equipment market on the basis of product is segmented into fluidized bed, fixed bed, moving bed and disposable/rechargeable canisters. The moving bed adsorption equipment are expected to significant share and shows compounded annual growth rate of 2.5% from 2019 to 2025. Different types of adsorbents such as zeolites and activated carbon are being used in these types of equipment.

There are two types of adsorption equipment on the basis of phase i.e. vapor and liquid phase. The vapor phase equipment is used across various end use industries, thus enabling it to hold majority share of the market. This segment worth around USD 250 million in 2018 and will witness a decent growth rate from 2019 to 2025.

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Booming automobile sector across developed and developing nations has strengthened the adsorption equipment market size. Paints used in the automotive industry emit high levels of xylene, acetic acid, butyl ester and ethyl acetate either during intermediate, top coating and baking process of automobile parts. The growing automobile industry in India, which had witnessed a 9.5% increase in sales to reach 4.02 million units in the year 2017. Widespread application across the auto manufacturing sector will evidently create a substantial demand for controlling VOC emission from paints, magnifying global adsorption equipment market outlook.

Disposable or rechargeable canisters segment accounts for a substantial share of adsorption equipment utilized worldwide, and is expected to surpass USD 65 million in revenues over the forecast period. These canisters are widely used in the water purification process. According to a report by United Nations, by 2030 over 700 million people globally could be displaced owing to intense water scarcity.

Existence of water pollution in terms of organic pollutants let out by domestic sewage, agricultural wastewater and industrial wastes has added to increase in toxic waste in water. Toxic pollutants can lead to severe environmental issues and can prove to be extremely hazardous to living beings. Adsorption equipment market size will expand notably while becoming an integral part of wastewater management techniques.

Demand for adsorption equipment is clearly driven by the growing need for industries to preserve environmental, water and air quality. With expanding industrial establishments across the globe, governments and other regulatory authorities are discovering the need to control the VOC emissions in order to protect the future of economies. Simultaneously, increasing innovations in the adsorption equipment sphere to suited varied industrial applications is providing impetus to global adsorption equipment market.

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Emissions are an inevitable part of many crucial sectors such as automobile, painting, printing, water treatment, among others, in order to adhere to the government rules and regulations and to contribute to the growing CSR activities by the companies. Several key players offering critical adsorption equipment include Tigg LLC, Monroe Environmental Corp, Munters Corporation and Eisenmann SE, as well as several others.

Table of Contents (ToC) of the report:

Chapter 1. Methodology & Scope

1.1.Methodology

1.2.Market definitions

1.3.Market estimation & forecast parameters

1.4.Data sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1. Paid sources

1.4.2.2. Public sources

Chapter 2. Executive Summary

2.1.Adsorption equipment market 360° synopsis, 2014 – 2025

2.1.1. Business trends

2.1.2. Product trends

2.1.3. Phase by application trends

2.1.4. Application trends

2.1.5. Regional trends

Chapter 3. Adsorption Equipment Market Insights

3.1.Industry segmentation

3.2.Industry size and forecast, 2014 – 2025

3.3.Industry ecosystem analysis

3.3.1. Component analysis

3.3.2. Distributor channel analysis

3.3.3. Vendor matrix

3.3.3.1. List of key component suppliers

3.3.3.2. List of key product manufacturers/suppliers

3.4.Industry megatrends

3.5.Innovation & sustainability

3.5.1.  Patent landscape

3.5.2.  Technology landscape

3.5.3.  Future trends

3.6.Adsorption equipment life cycle

3.7.Project costing analysis

3.7.1. Direct costs

3.7.2. Indirect costs

3.7.3. Miscellaneous costs

3.8.Industry impact forces

3.8.1. Growth drivers

3.8.1.1. Stringent norms for VOC emission in North America and Europe

3.8.1.2. Growing automotive production in the world

3.8.1.3. Increasing global printing industry trends

3.8.2. Industry pitfalls & challenges

3.8.2.1. High costs associated with the product installation and setup

3.8.2.2. Product incompatibility for higher VOC concentrations

3.9.Regulatory landscape

3.9.1. U.S.

3.9.2. Europe

3.9.3. Asia Pacific

3.10. Growth potential analysis

3.11.Competitive landscape

3.11.1.Company market share analysis, 2018

3.11.2.Key stakeholders

3.11.3.Strategy dashboard

3.12. Porter’s analysis

3.12.1.Supplier power

3.12.2.Buyer power

3.12.3.Threat of new entrants

3.12.4.Industry rivalry

3.12.5.Threat of substitutes

3.13. PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/adsorption-equipment-market

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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