The Global Adsorption Equipment Systems Market size was valued at US$ 449 million in 2022 and is anticipated to reach a valuation of US$ 609 million by 2028 and registered a CAGR of 5.40% between 2023 - 2028.
Market Drivers and Restraints:
In the following years, car production will be fueled by expanding population, high disposable income, and shifting consumer goals. Furthermore, consistent government policies paired with massive guesses will support creative development. Therefore, these factors increase the global adsorption equipment systems market growth during 2022 - 2027. Moreover, the adsorption equipment market will grow as good patterns connected to auto-creation emerge. The Van der Waals force causes gas, liquid, or dissolved solid molecules to attach to a surface adhering to the process of adsorption. Adsorption equipment is used in a process flow to stick or bind molecules to a surface through physical or chemical techniques. Chemisorption is a chemical process in which the adsorbent sticks to the adsorbate through a chemical connection. Physisorption is a physical process that happens below 200 degrees Celsius. Air cooling, adsorption chillers, synthetic resin, and water filtration are all examples of industrial adsorption applications. The printing industry's inspirational approach supports the Adsorption Equipment Market. Carbon adsorption is mainly used in the printing industry to reduce natural discharges. Furthermore, the expanding bundling applications for food and beverages, customer products, and other items will push the printing industry in this direction, necessitating Adsorption Equipment and driving the market growth. Over the projected period, the global adsorption equipment market is expected to rise due to industrialization in emerging regions and increasing demand for adsorption equipment from the automobile industry. In addition, the tight government control of VOC (Volatile Organic Compound) emissions from the automobile paint finishing system is a crucial factor in the industry's growth. Therefore, the Adsorption Equipment Market is predicted to increase with the development of the automobile industry in emerging markets.
Furthermore, strict government regulations have made it necessary for significant players in the car paints, food, and beverage, substance, drug, and compound industries to reduce GHG emissions, which will pave the way for profitable market expansion in the next six years. Furthermore, because of the device's ability to apply non-dangerous control frameworks for eradicating pollutants from lower to medium centralizations of fluid and gas streams, the market for adsorption equipment is likely to gain traction in the near future. An increase in product usage in wastewater treatment to reduce the harmful effects of wastewater on the environment will also support business trends. Moreover, the availability of cost-efficient alternatives with low installation and maintenance costs, primarily including fixed-bed adsorbers and fluidized-bed adsorbers, is expected to hamper the global adsorption equipment market over the forecast period.
Market Recent Developments
Taikisha Limited launched the Admat System C model. It is utilized to clean solvents, and gases from printing, painting, semiconductor, and many others.
REPORT METRIC |
DETAILS |
Market Size Available |
2022 – 2028 |
Base Year |
2022 |
Forecast Period |
2023 - 2028 |
CAGR |
5.40% |
Segments Covered |
By Medium, Capacity, Phase, End User, and Region. |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
CECO Environmental, Monroe Environmental Corp, Taikisha Engineering India Pvt. Ltd, Chemische Thermische Prozesstechnik GmbH, Evoqua Water Technologies LLC, Environmental C & C Inc, TIGG LLC, Durr Group, Coastal Environmental Systems, Inc., Gulf Coast Environmental Systems, and Others. |
Market Segmentation:
Activated Carbon
Activated Alumina
Silica Gel
Others
After that, the activated carbon portion is expected to conquer the next place. Due to the increased use of zeolites as dehumidifiers and air purifiers due to their high retention and adsorption capacities even at high temperatures, the zeolites segment is expected to overgrow during the projected period.
Less than 10,000 CFM
10,000-50,000 CFM
Greater than 50,000 CFM
The Adsorption Equipment Market's fastest-growing sector based on capacity is predicted to be 10,000–50,000 CFM. The fragment's growth can primarily be attributed to the increased use of adsorption hardware as a result of its ability to tolerate high VOC centralizations. In addition, this device is designed to work with many types of adsorbent materials, such as dab-initiated carbon, zeolites, and granular enacted carbon.
Liquid Phase
Vapor Phase
The vapor phase has the largest market share in the global adsorption equipment market, owing to increased demand for air pollution management and government legislation requiring major manufacturers to limit emissions. Furthermore, the liquid phase sector is developing at the highest rate due to the rising demand for wastewater treatment to remove impurities from water and increased investment by key players in supplying clean water utilizing sophisticated technology kinds of equipment.
Based on End-User, the Adsorption Equipment Market's fastest-growing category is projected to be automotive paints. Automotive paints are expected to be the fastest-growing segment of the Adsorption Equipment Market by end-use industry. This advancement can largely be attributed to stringent regulations to reduce VOC emissions from automobile paint finishing systems. According to the OICA, global car production increased by 2.4 percent in 2017 compared to 2016. As a result, the Adsorption Equipment Market has a lot of potential opportunities in the near future.
Market Regional Analysis:
The Global Adsorption Equipment Systems Market Report includes the segmentation of Regions:
The APAC adsorption equipment market is expected to grow at the fastest rate in terms of value. Stringent restrictions to reduce VOC emissions are driving the industry in the region. In APAC, China, India, and Japan are the top three consumers of adsorption equipment. In addition, the automotive, chemical, pharmaceutical, printing, paper, and semiconductor sectors all have production bases in the region. As a result, the region's adsorption equipment producers have significant expansion potential.
On the other hand, Europe dominates the adsorption equipment market due to the predominance of numerous end-use sectors such as furniture manufacture, automotive, industrial equipment production, and others.
Due to high technology equipment and increasingly rigorous rules and regulations related to pollution control policies, North America, is also rising quicker in the adsorption equipment market. Based on the US Environmental Protection Agency, the automobile transportation sector accounts for more than 55 percent of overall NOx emissions in the US, with just around 10% of VOC emissions in the United States. The adsorption equipment market in this region sees a surge in demand as a result.
The Worldwide Health Regulations Emergency Committee disclosed that coronavirus is a spreadable disease and has spread to various countries across the globe. Moreover, due to this pandemic, the government has established several rules and regulations to slow down the spread of the virus. On this note, many manufacturing of several consumer products has paused across the globe. It is primarily due to a lack of raw materials, labor shortages, and other factors. Therefore, these factors further hamper the global adsorption equipment market growth in the upcoming years.
Market Key Players:
The companies covered in the report include:
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