Egypt Adsorbent Market to be Dominated by Activated Carbon Segment through 2028
Increasing awareness about the
sustainable practices, and rising population are expected to drive Egypt
adsorbent market during the forecast period, 2024-2028.
According to TechSci Research
report, “Egypt Adsorbent Market- By Region Competition Forecast and
Opportunities, 2028F”, Egypt Adsorbent Market is anticipated to
increase at a substantial rate during the forecast period. As the
population continues to grow and urban areas expand, the demand for adsorbents
in water treatment, air purification, and energy production is expected to
rise. This presents an opportunity for companies in the adsorbent industry to
capitalize on this growing demand and expand their operations in Egypt. Apart
from these, The National Sustainable Development Strategy, the Egypt Renewable
Energy Program, and the National Water Conservation Campaign are just a few
examples of government initiatives that are creating opportunities for the
adsorbent industry to grow and expand. As the government continues to promote
sustainable policies and practices across various sectors, the demand for
adsorbents in water treatment, air purification, and energy production is
expected to rise, driving the growth of the adsorbent market in Egypt.
Furthermore, the lack of
domestic production capacity and infrastructure challenges are obstructing
market growth. The lack of domestic production capacity for certain types of
adsorbents are impeding the market growth. As Egypt does have small domestic
production capacity for adsorbents, it may not be able to meet the demand for
all types of adsorbents, which could limit the growth of the market. Apart from
these, infrastructure challenges such as transportation and logistics could
also be a potential restraint on the adsorbent market in Egypt. The transportation
of adsorbents requires specialized handling and storage facilities, which may
not be readily available in all areas of the country. Hence, these factors are
creating significant impact on the market and impeding Egypt adsorbent market
growth during the forecast period.
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Egypt 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 & others. Activated carbon segment is expected to hold the
largest market share during the forecast period. Owing to the properties of
activated carbon like removal of impurities such as sulfur and carbon dioxide
from natural gas, as well as in water treatment and air purification
applications, activated carbon is consider as best and effective method for purification.
Hence, activated carbon is a dominate the by type segment of adsorbent market.
Based on application, the market
is further divided into chemicals/petrochemicals, gas refining, petroleum
refining, and others. Gas refining is expected to hold the largest market share
during the forecast period. As Egypt is a major producer of natural gas, and
the country's natural gas reserves have been a major driver of the growth of
the adsorbent market in the country. Adsorbents are used in the gas processing
industry to remove impurities such as sulfur and carbon dioxide from natural
gas, which improves its quality and makes it suitable for transport and
distribution. All these factors led to increase in the demand of Egypt
adsorbent market and make gas refining a dominating segment.
Major companies operating in the
Egypt adsorbent market are:
- Arkema S.A Middle East
- BASF SE Middle East
- Honeywell UOP
- SABIC Industrial Catalyst Company
- Clariant Speciality Solutions EGYPT
- Zeolyst International:
- AFI Group
- AquaChemie
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“The Egypt adsorbent market has
seen significant growth in recent years, driven by the rise in the demand of
textile and apparel in the region. Despite the restraints, there are lot of
opportunities for growth in the adsorbent market in Egypt. The government has
been implementing initiatives to promote foreign investment and support the
growth of the petrochemical industry, which could lead to increased demand for
adsorbents. Furthermore, the strategic location of the Egypt as a center for
trade between Africa and the Middle East makes Egypt an opportunistic market
for adsorbent companies planning to increase their business operations in the
region. These factors led to increase in demand of adsorbent in Egypt and will
create impressive opportunity in the future.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research-based global management consulting
firm.
Egypt Adsorbent Market, By Type
(Activated Carbon, Silica Gel, Molecular Sieves, Activated Alumina, Clay, and
Others), By Application (Chemicals/Petrochemicals, Gas Refining, Petroleum
Refining, and Others), By Region, Competition, Forecast & Opportunities,
2028F, has evaluated the future growth potential of Egypt
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 Egypt adsorbent market.”
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