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Market Summary

The global adsorption equipment market is forecast to reach USD 0.52 Billion by 2026, according to a new report by Reports and Data. Adsorption Equipment includes a variety of products of varying capacities and phases on which they work. These equipments are being developed owing to the great demand in the field of safe environmental standards which are often disrupted by the numerous growing industries. Electronics, chemical, semiconductor, pharmaceuticals, among others, are responsible for emitting contaminants like volatile organic compounds (VOCs), which are categorized to have higher vapor pressure at ordinary room temperatures. Adsorption equipment is used to control these emissions, thus making the environment cleaner.

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Increasing application of adsorption equipment in the automobile sector is because of countless procedures undertaken in order to make a vehicle aesthetic as well as safe. These processes include treatment with paint and chemicals, which often causes hazardous emissions to be spread across the atmosphere of the manufacturing region. In order to avoid these detrimental conditions, adsorption equipment is brought into the market for providing a cleaner effluent from these vendors. This purification also helps in maintaining standards upheld by the government in order to maintain safe levels of contaminants in the air.

North America is a core region for the adsorption equipment market and is likely to witness a consistent growth rate in the forecast period owing to the growing chemical industry in the region. Moreover, developments in technology that is happening across the region is further driving the growth of this market. The different key players in North America are focusing on new technological developments to support the growth of the market in the region.

Key Coverage of the Report

Region and country wise statistics of the global Adsorption Equipment market from the period 2016-2026. While 2016 & 2017 has been utilized as historical data, 2018 is considered the base year. 2019-2026 have been derived as forecasts.

Estimation of the market size along with historical and forecasted trend analysis.

Various applications available for the market have been analyzed. Statistical analysis has been conducted on obtaining the individual share of these segments.

Share of bed type, fixed bed, disposable/rechargeable canisters, moving bed adsorbers, fluidized bed adsorbers, and others, have been estimated.

Regional up-coming research and application outlook.

Regional prevalence has been mapped.

Demand and Supply GAP Analysis

Regional Competitors Pricing Strategy

Market share analysis of the top industry players

Strategic recommendations for the new entrants

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Adsorption Equipment Market

Rising health issues due to rush in VOC emissions has forced the governments of various developed economies to formulate stringent regulations in order to curb them. This will drive the adsorption equipment market in a positive direction. The demand for adsorption products will rise from various industries.

It is claimed by the Organisation Internationale des Constructeurs d'Automobiles (OICA) that production of vehicles has increased over 20% from 2010 to 2017. The increase in automobile production is a major driver for the adsorption equipment. The increasing use of paints, which results in hazardous emissions, need to be controlled to abide by the environment safety norms.

The increasing packaging applications for food & beverages, consumer goods, among others, will propel the printing industry, thereby generating the need for adsorption equipment in the forecasted years. The printing industry is a major generator of carbon, which is a prime harmful effluent. Adsorption equipment is used primarily for reducing these organic emissions.

Rising demand for clean water is surging the market growth of adsorption equipment. The need to clean waste and wastewater is being enforced by the governments through different initiatives. The role of adsorbers is dominating the strategy for attaining cleaner air and water.

The rise in disposable income among the growing populace is driving the market significantly. The cost of adsorption equipment is high as compared to its alternatives, which makes it a restraint in the current scenario. The efficiency it provides, backed by the rise in expendable capital is a notable driver.

Companies considered and profiled in this market study

Durr Megtec, Eisenmann SE, Calgon Carbon Corporation, Munters Corporation, Taikisha Limited, Monroe Environmental Corp, TIGG LLC, Evoqua Water Technologies, Gulf Coast Environmental Systems, and Oxbrow activated carbon, among others.

The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.

Market-O-Nomics

The valuation for the adsorption equipment market was USD 0.35 Billion in 2018, and it is expected to reach USD 0.52 Billion by 2026.

Fixed bed Adsorbers occupied the largest market share of 32.7% in the year 2018. Fixed bed Adsorbers are cheaper in installation as well as maintenance costs. Their utility over the different flow rates provides for a robust design that ensures the consumers of high performance with significantly cheap investment.

Liquid phase equipment held a market share of 40.1% in the year 2018. These Adsorbers work only in removing contaminants from a liquid stream. Hence, they are majorly used in waste and wastewater treatment industry.

By capacity, 10,000-50,000 CFM is set to witness the highest CAGR of 3% in the forecasted period. These equipment possesses 95–98% VOC destruction efficiencies, higher concentration ratios, and offers ease in operation. Thus, piloting the market growth.

Europe is estimated to grow with a CAGR of 4.3% during the forecast period. The European Union has put into effect an Integrated Pollution Prevention and Control (IPPC) Directive in to restrict the utilization of harmful chemicals that might have a negative effect on the overall growth of the Adsorption Equipment market in this region.

North America held a market share of 25.7% in the year 2018. The demand for adsorbers is quickly growing due to their usage in a broad range of applications, including construction, automotive, and the chemical industry, which are expected to augment the market growth.

Segments Covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2026.

For the purpose of this report, Reports and Data have segmented into the global Adsorption Equipment market on the basis of bed type, phase type, capacity, end-user, and region:

Bed Type Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026)

Fixed Bed

Disposable/Rechargeable Canisters

Moving Bed Adsorbers

Fluidized Bed Adsorbers

Others

Phase Type Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026)

Liquid Phase

Vapor Phase

Capacity Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026)

Less than 10,000 CFM

10,000 – 50,000 CFM

More than 50,000 CFM

End-User Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026)

Waste and Wastewater Treatment

Furniture Manufacturing

Electronics

Automotive

Printing

Industrial Equipment

Others

Regional Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026)

North America U.S.

Europe UK France

Asia Pacific China India Japan

MEA

Latin America Brazil

