Egypt Adsorbent market is
anticipated to grow at a high rate during the forecast period owing to
increasing awareness about the sustainability, growing population and
urbanization, and favorable government initiatives.
Egypt's adsorbent market is
experiencing continuous growth, driven by a rising demand for adsorbents across
various industries such as oil and gas, chemical processing, and water
treatment. Adsorbents are materials that can attract and hold molecules of a
particular substance, allowing them to be separated from a mixture. This
process is commonly used in purification and separation applications across a
wide range of industries.
Rapid Urbanization is Driving
the Egypt Adsorbent Market Growth
The growing population and
urbanization in Egypt are having a significant impact on the adsorbent market
in the country. As the population continues to grow and urban areas expand, the
demand for clean water, air, and energy is increasing. Adsorbents are materials
that can attract and hold molecules of a particular substance, allowing them to
be separated from a mixture. This process is commonly used in purification and
separation applications across a wide range of industries, including water
treatment, air purification, and energy production.
The impact of the growing
population and urbanization on the adsorbent market in Egypt is
significant. According to the United Nations, Egypt's population is
projected to reach 151 million by 2050, up from 101 million in 2021. This
growth in population is driving the demand for clean water, air, and energy,
which in turn is driving the demand for adsorbents.
In particular, the demand for
clean water is a major driver of the adsorbent market in Egypt. According
to the World Bank, only 60% of the population in Egypt has access to safe
drinking water, and water scarcity is a significant challenge in the country. Adsorbents
are commonly used in water treatment applications to remove impurities and
contaminants from water, making it safe for consumption. As the demand for
clean water continues to rise, the demand for adsorbents is expected to grow as
well. In addition to water treatment, the growing demand for air purification
is also driving the adsorbent market in Egypt. Air pollution is a major
challenge in urban areas, and the World Health Organization estimates
that outdoor air pollution contributes to over 10,000 premature deaths in Egypt
each year. Adsorbents are commonly used in air purification applications to
remove pollutants from the air, making it safe to breathe. As urbanization
continues to drive the growth of cities in Egypt, the demand for air
purification solutions is expected to rise, driving the demand for adsorbents.
The growing demand for energy is
also driving the adsorbent market in Egypt. The country has significant
reserves of natural gas, which is used to produce electricity and heat homes
and businesses. Adsorbents are used in natural gas processing to remove
impurities and contaminants, making it suitable for use as a fuel. As the
demand for energy continues to rise in Egypt, the demand for adsorbents in
natural gas processing is expected to grow as well. Therefore, the growing
population and urbanization in Egypt are driving the demand for clean water,
air, and energy, which in turn is driving the demand for Egypt adsorbents
market.
Favorable Government Initiatives
for Sustainable Development are Key Factor Driving the Market Growth
Favorable government initiatives
can have a significant impact on the adsorbent market in Egypt. Government
policies and programs aimed at promoting sustainable development and protecting
the environment can create opportunities for the adsorbent industry to grow and
expand. In this article, we will explore the impact of favorable government
initiatives on the adsorbent market in Egypt, with facts and figures to support
our analysis.
One of the most significant
government initiatives impacting the adsorbent market in Egypt is the National
Sustainable Development Strategy (NSDS) 2030. The NSDS 2030 was launched in
2016 and aims to promote sustainable development in Egypt through the adoption
of sustainable policies and practices across various sectors, including energy,
water, and agriculture. The NSDS 2030 includes specific targets related to the
reduction of pollution and greenhouse gas emissions, which creates
opportunities for the adsorbent industry to provide solutions that address
these challenges.
The Egyptian government has also
implemented a number of programs aimed at promoting renewable energy and
reducing reliance on fossil fuels. In 2015, the government launched the
Egypt Renewable Energy Program (ERE) with the aim of increasing the share of
renewable energy in the country's energy mix. The program includes a target
of generating 20% of the country's electricity from renewable sources by 2022.
Adsorbents are commonly used in renewable energy production, particularly in
biomass and biogas production, which creates opportunities for the adsorbent
industry to contribute to the achievement of these targets.
The government has also
implemented several policies aimed at promoting water conservation and
improving water quality. In 2017, the Ministry of Water Resources and
Irrigation launched the National Water Conservation Campaign, which aims to
reduce water consumption in Egypt by 20% by 2030. Adsorbents are commonly
used in water treatment applications to remove impurities and contaminants from
water, which creates opportunities for the adsorbent industry to contribute to
these efforts. Therefore, favorable government initiatives aimed at promoting
sustainable development and protecting the environment can have a significant
impact on the adsorbent market in Egypt.
Rising Technological
Advancements are Key Reason that Responsible for Market Growth
Technological advancements have
had a significant impact on the adsorbent market in Egypt. Innovations in
materials science, process engineering, and data analytics have led to the
development of new adsorbent materials, improved manufacturing processes, and
better performance monitoring tools.
The key technological
advancements impacting the adsorbent market is the development of new materials
with improved adsorption properties. For example, researchers have developed
adsorbent materials with high surface area, high pore volume, and tailored pore
sizes to enhance their selectivity and efficiency. These advancements have led
to the development of new adsorbent materials for various applications,
including gas separation, water treatment, and chemical purification.
In addition, advancements in
process engineering have led to the development of more efficient manufacturing
processes for adsorbent materials. For example, the use of novel techniques
such as spray drying, sol-gel synthesis, and electrospinning has led to the
production of adsorbent materials with improved properties and lower production
costs. These advancements have led to the commercialization of new adsorbent
materials for various applications, including carbon capture, air purification,
and water treatment.
Technological advancements have
also led to the development of better performance monitoring tools for
adsorbent materials. For example, researchers have developed sensors that can
be used to monitor the performance of adsorbent materials in real-time. These
sensors can be used to optimize the design and operation of adsorption systems
and to diagnose and prevent system failures. These advancements have led to the
development of more reliable and efficient adsorption systems for various
applications. The Egypt Adsorbent market has witnessed significant developments
in recent years. Hence, with advancements in technology, manufacturers can
develop new and innovative adsorbents that are more effective and sustainable,
thereby driving the demand of Egypt Adsorbent Market during the forecast
period.
Recent Development
- In 2019, the Egyptian company, Carbon
Holdings, signed an agreement with the Japanese company, JGC Corporation,
to build a polyethylene plant in Egypt. The project involves the use of
adsorbents in the manufacturing process, and the partnership is expected
to boost the adsorbent industry in the country.
- In 2020, the US-based water treatment
company, Evoqua Water Technologies, acquired Aquapure, an Egyptian water
treatment company. The acquisition allowed Evoqua to expand its presence
in the Middle East and North Africa region and gain access to Aquapure's
local expertise and customer base.
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Market Segmentation
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. Based on the application, the market is divided
into chemicals/petrochemicals, gas refining, petroleum refining, and others.
Company Profiles
Arkema S.A Middle East, BASF SE
Middle East, Honeywell UOP, SABIC Industrial Catalyst Company, Clariant
Speciality Solutions EGYPT, Zeolyst International, AFI Group and AquaChemie are
some of the key players of Egypt adsorbent market.
Attribute
|
Details
|
Base Year
|
2022
|
Historic Data
|
2018 – 2021
|
Estimated Year
|
2023
|
Forecast Period
|
2024 – 2028
|
Quantitative Units
|
Revenue in USD Million, volume in tons and CAGR for
2018-2022 and 2023-2028
|
Report coverage
|
Revenue forecast,
volume forecasting, Company shares, competitive landscape, growth factors,
and trends
|
Segments covered
|
Type
Application
|
Country scope
|
Cairo,
Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt
|
Key companies profiled
|
Arkema S.A
Middle East, BASF SE Middle East, Honeywell UOP, SABIC Industrial Catalyst
Company, Clariant Speciality Solutions EGYPT, AFI Group Zeolyst International,
AquaChemie.
|
Customization scope
|
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
|
Pricing and purchase
options
|
Avail customized
purchase options to meet your exact research needs.
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, Egypt Adsorbent
market has been segmented into the following categories, in addition to the
industry trends, which have also been detailed below:
- Egypt Adsorbent Market, By Type:
- Activated Carbon
- Silica Gel
- Molecular Sieves
- Activated Alumina
- Clay
- Others
- Egypt Adsorbent Market, By Application:
- Chemicals/Petrochemicals
- Gas Refining
- Petroleum Refining
- Others
- Egypt Adsorbent Market, By Region:
- Cairo
- Alexandria
- Giza
- Qalyubia
- Port Said
- Suez
- Rest of Egypt
Competitive landscape
Company Profiles: Detailed
analysis of the major companies in Egypt Adsorbent market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to a company’s specific needs.
The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Egypt Adsorbent Market is an
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report or want to confirm the date of release, please contact us at [email protected]