Malaysia Adsorbent Market to be Dominated by Activated Carbon Segment through 2028
Malaysia adsorbent market is expected to
grow in the forecast period 2024-2028 due to the growing utilization of adsorbent in air purification.
According
to TechSci Research report, “Malaysia Adsorbent Market- By Region, Competition,
Forecast and Opportunities, 2018-2028”,Malaysia adsorbent market is anticipated to
increase at a substantial rate in the forecast period. A significant factor fueling the growth of Malaysia
adsorbent market due to increasing utilization of activated carbon as adsorbent
in many processes. Activated carbon is also used in automotive, food and
beverage processing, metal recovery, and pharmaceutical drug manufacturing
processes. Activated carbon provides several benefits, including quickly
eliminating offensive smells while maintaining color stability for an extended period.
Moreover, pharmaceutical companies are putting a greater emphasis on quality
control, which includes the use of adsorbents in procedures like instrument
drying, drying of air-synthesis products, and deodorization. Several types of
adsorbents are utilized in the pharmaceutical sector, with selections depending
on the application requirement. For example, activated carbon is used to
remove contamination or by-products during the drug formulation process,
whereas activated alumina is used to recover pyrogen-free pharmaceuticals and
as a desiccant for drying air and industrial gases. In addition to this, silica
gel is also employed in column chromatography as a pharmaceutical adsorbent,
where it assists in the separation or collection of various medication
components which propels the growth of
Malaysia adsorbent market.
For instance, W.R. Grace provides SAFETYSORB
Molecular Sieves and Silica Gel adsorbent
products which are used to manage moisture within the packaging of
pharmaceutical products.
Furthermore,
the market is being further stimulated by increasing demand for air
purification, water treatment, chemicals/petrochemicals, gas refining, and drying.
However, adsorbent materials have pores that attract
molecules on their surfaces and this ability is limited, once the capacity has
been reached, continued refining and purification help to generate an
equilibrium, which lead to desorption
and reduce the service life of adsorbents result in restraining the market
growth. Also, fluctuations in the availability and
pricing of raw materials, such as activated carbon and silica gel, can impact
the overall production cost and profitability of adsorbent manufacturers, further
slowing down the market growth.
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Malaysia
adsorbent market is segmented based on type, application,
and region.
Based on the type, the market is divided into activated
carbon, silica gel, molecular sieves, activated alumina, clay, and others. Molecular
sieves segment is expected to hold the largest market share in the forecast
period. Molecular sieves are made of
synthetic zeolites with uniformly sized and structured holes that enable them
to adsorb gases and liquids by their polarity and molecular size.
Based
on the application, the market is categorized into chemicals/petrochemicals,
water treatment, air purification, gas refining, drying, and others. Air
purifier segment is expected to hold the largest market share in the forecast
period. This is due to rapid increase in
air pollution, particularly in urban areas, leading to an abundance of airborne
diseases which increases the demand of adsorbent for various air purifier
devices to reduce the pollutant level in the air.
Major companies operating in the Malaysia Adsorbent Market are:
·
BASF
(Malaysia) Sdn. Bhd.
·
W R
Grace Specialty Chemicals (Malaysia) Sdn. Bhd.
·
Clariant
(Malaysia) Sdn Bhd
·
Evonik
Malaysia Sdn Bhd
·
Honeywell
International Sdn. Bhd.
·
Sumwin
Solutions Malaysia Sdn. Bhd.
·
Axens
South East Asia Sdn Bhd
·
Snew
Trading & Solution Sdn Bhd
·
Pensmore
Sdn Bhd
·
Rakannusa
Engineering & Services Sdn. Bhd.
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“Malaysia Adsorbent Market has seen
significant growth in recent years, driven by the increasing use of adsorbent in
the food & beverage industry as it helps to remove the moisture and remove
the odor, along with increasing shelf life of food items. Moreover, adsorbents are
used in the water treatment sector which helps to remove various pollutants
such as heavy metals, organic compounds, pesticides, and microorganisms, which
pose significant health and environmental risks. This results in creating huge
prospects of market growth during the forecast period” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
Malaysia
Adsorbent Market, By Type (Activated Carbon, Silica Gel, Molecular Sieves, Activated
Alumina, Clay, Others), By Application (Chemicals/Petrochemicals, Water
Treatment, Air Purification, Gas Refining, Drying, Others), By Region, Competition, Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of Malaysia adsorbent
market and provides statistics & information on market size, structure, and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in Malaysia Adsorbent Market.”
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