Adsorbents are substances that can draw particles from a liquid or gas to their surfaces and keep those particles there. They are frequently employed in industrial operations to concentrate, separate, and clean materials. Adsorbents are frequently employed in the production of chemicals and pharmaceuticals, in the production of food and drinks, and in the treatment of wastewater. Adsorbents are becoming more and more in demand as businesses depend on them for a wide range of applications. Adsorbents are employed in the purification and concentration of chemicals, the separation and refinement of petroleum products, and the elimination of pollutants and odors from air and water. In addition, they help produce hydrogen fuel and remove volatile organic compounds (VOCs) from air and water. They are increasingly being used to improve the efficiency and safety of chemical manufacturing processes.
The global adsorbents market size is estimated to grow from USD 4.1 billion in 2021 to USD 5.6 billion by 2026, at a CAGR of 5.9% during the forecast period. The driving factors for the adsorbents market is the industry growth is backed by the large-scale developments in oil & gas processing and socio-economic advancements such as the increased use of adsorbents in maintaining purity standards in various applications and because of environmental concerns.
Arkema SA(France), Honeywell International Inc(US), Axens(France), BASF SE (Germany), Cabot Corporation(US), Clariant AG (Switzerland), W.R. Grace & Co.(US) among others, are the leading adsorbents manufacturers, globally. These companies adopted new product launch, and agreements & contracts as their key growth strategies between 2019 and 2021 to earn a competitive advantage in the adsorbents market.
Arkema SA is one of the largest player in the adsorbents market. The company provides 3D printing, adhesives and sealants, automotive and transportation, building and construction, coatings, paints and inks, composites and advanced materials, electronics, and electrical, oil and gas, renewable energies and energy storage, and sport and leisure products. It offers products under various brands such as Sartomer’s N3xtDimension resins, Rilsan, Pebax, Luperox, Kynar, and Sartomer. The company serves the automotive, agriculture, chemicals, consumer goods, construction, electrical, oil, health, and packaging industries. It has operations across APAC, Europe, Africa and the Middle East, and the Americas. The company is headquartered in Colombes, France.
Honeywell International Inc is the second-largest player of the adsorbents market, globally. The company offers aerospace products and services; turbochargers; energy-efficient products and solutions for homes, businesses and transportation; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals, and productivity, management and technical services sensing, energy and security, safety and security technologies for buildings, homes, and industries. Honeywell UOP is a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries. Honeywell UOP is a part of Honeywell’s Performance Materials and Technologies strategic business group, which also includes Honeywell Process Solutions, a pioneer in automation control, instrumentation, and services for the oil & gas, refining, petrochemical, chemical, and other industries.
