Market Overview:
The APAC Adsorbents Market size is
estimated to reach $5.8 billion by 2030, growing at a CAGR of 7.3% during the
forecast period 2024-2030, according to a recent
report published by IndustryARC, titled, “APAC
Adsorbents Market – By
Type (Activated Alumina, Activated Charcoal, 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, 2024-2030”
The market for adsorbents in Asia-Pacific is growing quickly due
to rising industrial activity and environmental laws. Adsorbents are utilized
in gas separation, catalysis, and air and water purification. Innovative
materials including silica gels, zeolites, and activated carbon are being used
by major businesses. Growing worries about pollution, the demand for effective
wastewater treatment, and the expanding manufacturing sector all contribute to
growth. The growing need for more environmentally sustainable industrial
processes and improved environmental sustainability in emerging economies also boost
the industry.
China
Dominated the Market in 2023:
China dominated the APAC Adsorbents Market in 2023 with a market share of 41.2%. The nation's sizable manufacturing industry creates a sizable need for adsorbents in a variety of catalytic processes and applications, including water and air purification. The adoption of advanced adsorbent technologies, like zeolites and activated carbon, has been fueled by China's determination to reduce pollution and raise environmental standards. These technologies are essential for complying with regulations. The rising use of adsorbents is also a result of China's massive investments in industrial and infrastructure developments. The nation's focus on innovation in material science and sustainable development has resulted in the creation of new and more effective adsorbents, further solidifying its position as the industry leader. In addition, China's sizable market and increasing urbanization have increased the demand for premium adsorbents in consumer and industrial applications.
APAC
Adsorbents Market: Key Takeaways
Rising Industrial Activities:
The need for efficient adsorbent solutions to control pollutants
and improve operating efficiency is growing as industrialization picks up
speed, particularly in quickly rising economies like Vietnam, Indonesia, and
India. Adsorbents play a critical role in many industrial processes, such as
gas separation, water and air purification, and catalysis, all of which are
necessary to satisfy government-imposed environmental and regulatory
requirements. Particularly significant is the growth of industries like manufacturing,
petrochemicals, and pharmaceuticals. For instance, in March 2024, China's
industrial output grew by 7% in January and February, bolstered by the rise of
high-tech manufacturing. To meet strict environmental laws, these sectors need
high-performance adsorbents to handle enormous amounts of pollutants and waste
products. Additionally, there is a growing need for novel adsorbent materials
that improve process efficiency and lessen environmental effect due to the
increased emphasis on sustainability and the circular economy within industrial
processes.
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Growing Pollution Concerns:
The
Asia-Pacific (APAC) region's growing worries about pollution are a key factor
propelling the adsorbents market. Air and water pollution levels rise in tandem
with urbanization and industrial activity, raising public awareness and
triggering governmental response. More and more governments and organizations
are placing a higher priority on public health and environmental protection,
which has resulted in tighter guidelines and requirements for pollution
control. The need for efficient adsorbent materials for use in water and air
treatment systems has grown dramatically as a result of this regulatory
pressure. Adsorbents are essential for absorbing and eliminating pollutants
such as heavy metals, particulate matter, and volatile organic compounds
(VOCs). Examples of these include activated carbon, zeolites, and silica gels.
They are essential to achieving global sustainability goals because they reduce
the negative effects that wastewater discharge and industrial pollutants have
on the environment. Increased demand in the market is driven by the need for
improved waste management solutions and greener industrial operations.
Scope of the Report:
Report Metric |
Details |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
CAGR |
7.3% |
Market Size in 2030 |
$5.8 billion |
Segments Covered |
By Type, By Form, By End Use Application, and By Region |
Geographies Covered |
China, Japan, South Korea, India, Australia, Indonesia,
Malaysia, Thailand, Taiwan and Rest of APAC. |
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 May 2024, the combination of Sorbead India and Swambe Chemicals, which created Sorbchem India Private Limited, has improved the availability of desiccants and adsorbents. Swambe Chemicals specializes in silica gel products and column chromatographic techniques, which are mostly used in air and gas drying.
- In July 2022, a new line of BASF catalysts and adsorbers is offered to make plastic recycling easier. The PuriCycle portfolio includes novel catalysts and adsorbents specifically engineered to remove or precisely modify a range of pollutants from pyrolysis oils, thereby streamlining the downstream processing of circular plastics streams.
- In March 2022, an innovative nano-adsorbent for the treatment of wastewater has been developed at IIT Kanpur. With a quick production process, this nano-adsorbent might aid in the selective elimination of metal- and antibiotic-resistant microorganisms from contaminated water.
APAC Adsorbents Market: Competitive Landscape
Key companies profiled in the APAC Adsorbents Market are Arkema, Honeywell
International Inc., BASF SE, Cabot Corporation, Clariant AG, W. R. Grace &
Co.-Conn, Calgon Carbon Corporation, Zeochem, Porocel, Zeolyst International and
others.