Market Overview:

The North America and APAC Adsorbent Market size is estimated to reach $7.1 Billion by 2030, growing at a CAGR of 5.9% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “North America and APAC Adsorbent Market –By Type (Activated Alumina, Activated Carbon, Activated Clay, Silica Gel, Metal Oxides, Polymer Adsorbents, Zeolites (Molecular Sieves) (Type 3A, Others) and Others), By Form (Powder, Flakes and Others), By End-Use Application (Oil and Gas Industry (Natural Gas Purification, Gasoline, Diesel and Jet Fuel Production, Others), Petrochemical Industry (Ethylene Production, Propylene Production, Xylene Separation, Others), Chemical Industry (Industrial Gases, CASE (Coatings, Sealants, Adhesives and Elastomers), Others), Automotive and Transportation, Pharmaceutical and Food, Water Treatment, Nuclear Waste Remediation, Refrigerant (Commercial, Industrial), Building & Construction, Personal Care and Cosmetic and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030”
The growing trend towards using eco-friendly and sustainable adsorbents and increasing Demand in Air and Water Purification are fueling the growth of the North America and APAC Adsorbent industry during the forecast period.

United States Dominated the Market in 2023:

United States holds the largest share of 23% in 2023 of the North America and APAC Adsorbent market due to its well-established industrial base, robust demand from key sectors, and stringent environmental regulations. The U.S. boasts a significant presence of industries such as oil & gas, chemicals, water treatment, and pharmaceuticals, which are major consumers of adsorbents. Stringent regulations by agencies like the Environmental Protection Agency (EPA) to control emissions and ensure water quality have driven the adoption of advanced adsorbent technologies. Additionally, the country's focus on sustainability and the adoption of green technologies further fuels the demand for eco-friendly adsorbents. The U.S. market benefits from ongoing technological advancements, a strong emphasis on research and development, and a well-developed infrastructure, positioning it as the dominant player in the North American and APAC adsorbent markets.

North America and APAC Adsorbent Market: Key Takeaways

Growing Trends Towards Sustainability and Eco-Friendly Adsorbents:

The trend toward sustainability is reshaping the adsorbents market as industries increasingly seek eco-friendly and sustainable solutions. With heightened awareness of environmental impact and strict regulations from government bodies, there is a push to develop adsorbents that are not only efficient but also biodegradable or derived from renewable resources. For instance, adsorbents made from agricultural by-products like rice husk ash, coconut shells, and other bio-based materials are gaining traction. These materials are not only effective in adsorption but also reduce the carbon footprint associated with traditional synthetic adsorbents. In February 2022, Micrometrics Instrument Corp., based in the United States, launched Breakthrough Analyzer (BTA). The system is designed for the precise characterization of adsorbent performance under process-relevant conditions. Industries such as water treatment, air purification, and industrial processing are driving this trend as they seek greener alternatives to conventional adsorbents like activated carbon and silica gel.

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Rising Demand in Air and Water Purification:

The increasing focus on air and water quality has significantly boosted the demand for adsorbents, particularly in urban and industrial areas. Rising pollution levels and the harmful effects of contaminants on human health have led to stricter regulations, necessitating the use of advanced purification technologies. For instance, Government initiatives in the US and Canada, like the Infrastructure Investment and Jobs Act and the Investing in Canada Infrastructure Plan, are allocating billions towards water infrastructure projects. This financial backing is translating into concrete developments like Pennsylvania American Water's new $8.7 million treatment plant and Acciona's $159 million project in Mexico. Furthermore, Acciona announced its plans to build a water treatment plant in the municipality of Los Cabos in Mexico. The project has a budget of around US$159 million. The project is estimated to have a water treatment capacity of 250 liters per second, equivalent to 7,884,000 m3 per year. The new facility is scheduled to be delivered by 2023.The growing awareness of environmental sustainability and the need for cleaner water and air will continue to drive the adoption of adsorbent technologies. This trend is particularly strong in regions with high pollution levels, such as Asia-Pacific, where rapid industrialization has led to increased environmental challenges.

Scope of the Report: 

Report Metric

Details

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

5.9%

Market Size in 2030

$7.1 Billion

Segments Covered

By Type, By Form, By End Use Industry and By Region

Geographies Covered

North America (U.S., Canada and Mexico), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific),

Key Market Players

1.      Arkema

2.      Honeywell International Inc.

3.      BASF SE

4.      Cabot Corporation

5.      Clariant AG

6.      W. R. Grace & Co.-Conn

7.      Calgon Carbon Corporation

8.      Zeochem

9.      Porocel

10.  Zeolyst International 


Recent Developments

In October 2022, Clariant acquired BASF's U.S. Attapulgite business assets for $60 million. This deal strengthened Clariant's position in the growing markets for purification of edible oils and renewable fuels, expanding its footprint in North America.

In September 2022, Honeywell International Inc. acquired Performance Materials and Technologies (PMT) from Solenis LLC for $5.3 billion. This acquisition included PMT's activated carbon business, which provided Honeywell with a broader portfolio of adsorbents and strengthened its presence in the water treatment and industrial gas purification markets.

In June 2023, Clariant, headquartered in Switzerland, launched Desi Pak® Eco moisture adsorbing packets. These feature bio-based paper made from sustainably grown raw materials. These were designed to help manufacturers and distributors protect sealed packaged products from moisture damage.

North America and APAC Adsorbent Market: Competitive Landscape

Key companies profiled in the North America and APAC Adsorbent Market are Arkema, Honeywell International Inc., BASF SE, Cabot Corporation, Clariant AG, W. R. Grace & Co.-Conn, Calgon Carbon Corporation, Zeochem, Porocel, Zeolyst International, Dow Chemical, Graver Technologies, Sorbead India, Global Adsorbents Pvt. Ltd., Dorf Ketal Chemicals India Limited and others.

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