Petroleum Refining Industry to Lead Global Adsorbents Market till 2024
Rising environmental concerns and
regulations coupled with cost-effectiveness of adsorbents to drive global
adsorbent market through 2024
According to TechSci Research report, “Global Adsorbent Market By Type, By Application,
By Region, Competition, Forecast & Opportunities, 2024”, global adsorbent market
is forecast to grow at a CAGR of 6.4% during 2019-2024, reaching $ 4.4 billion
by 2024. Key factors expected to drive the market are growing environmental
concerns and regulations and cost-effectiveness of adsorbents, which are solid
substances used to collect solute molecules from liquids or gases. Adsorption
is often used to extract pollutants by causing them to be attached to
adsorbents such as activated carbon or silica gel. Adsorbents are porous solids,
which bind liquids or gaseous molecules to their surface.
Browse XX
market data Figures and Tables spread through 110 Pages and an in-depth
TOC on "Global Adsorbents Market"
https://www.techsciresearch.com/report/adsorbent-market/3942.html
Based on type, the market
has been segmented into molecular sieves, activated carbon, silica gel,
activated alumina, clay and others. Molecular sieves are adsorbents that have
very small pores of precise and uniform size. They are the largest material
type of adsorbents, used in petrochemicals and air separation and drying
applications. Molecular sieves are used in non-cryogenic oxygen production
plants to adsorb nitrogen from the air in order to produce high purity oxygen.
These molecular sieves have the property of desiccant as well, which performs
like an adsorbent. North America dominated global adsorbent market in 2018 and is
anticipated to maintain its market dominance in coming years. Countries in the
region including the US, Canada and Mexico are witnessing a substantial
increase in the use of adsorbents in air separation & drying as well as water
treatment applications.
Download Sample
Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3942
Customers can also request for 10% free
customization on this report.
“Petroleum refining industry is the largest consumer of
adsorbents, globally. Adsorbents are widely used in the dehydration of
alkylation feed and in the feedstock purification to protect isomerization
catalysts in refining. These absorbents eliminate numerous varieties of
contaminants effectively and economically from several hydrocarbon streams in
petroleum refineries through non-regenerative and regenerative adsorbents.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global Adsorbent Market By
Type, By Application, By Region, Competition, Forecast & Opportunities,
2024” has evaluated the
future growth potential of global adsorbent market and provides statistics and
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 global adsorbent market.
About TechSci Research
TechSci Research is a leading global
market research firm publishing premium market research reports. Serving 700
global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth
and emerging markets, leading technologies and niche applications. Our
workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]