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Pulished Date November, 2021
ID: 12430
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Adsorption Equipment Systems Market Segmentation by Medium (Activated Carbon, Activated Alumina, Silica Gel, and Others), By Capacity (Less than 10,000 CFM, 10,000-50,000 CFM and Greater than 50,000 CFM), By Phase (Liquid Phase and Vapor Phase) By End- User (Chemical, Semiconductor, Automotive Paints and Printing) and Region - Industry Forecast of 2021 to 2026

Pulished: November, 2021
ID: 12430
Pages: 180

Adsorption Equipment Systems Market Value & Growth Rate:

The Global Adsorption Equipment Systems Market size was valued at US$ 371 million in 2021 and US$ 479 million by 2026 and registered a CAGR of 5.4% during 2021-2026.

Adsorption Equipment Systems Market Scenario:

It's utilized for odor control, recovery of volatile solvents including benzene, ethanol, trichloroethylene, and drying process gas streams in industrial applications. For the reclamation and treatment of contaminated water or air streams, adsorption equipment is also used in environmental systems. In recent years, the adsorption equipment industry has grown dramatically. This can primarily be attributed to a rise in global recognition of separation techniques. Adsorption equipment helps deal with various challenges related to the emission of volatile organic chemicals (VOCs). Various global government organizations have established strict controls on the emission of volatile organic compounds (VOCs) from various end-use industries, including automobile paint shops, chemicals, printing, pharmaceuticals, food and drinks, and semiconductors. Shortly, this is projected to fuel the demand for adsorption equipment.

Adsorption Equipment Systems 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 2021-2026. 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.

Recent Developments in the Global Adsorption Equipment Systems Market:

Taikisha Limited launched Admat System C model. It is utilized to clean solvents, gases from printing, painting, semiconductor, and many others. 

Global Adsorption Equipment Systems Market Segmentation: 

By Medium:

  • 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.

By Capacity:

  • 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.

By Phase:

  • 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.

By End User:

  • Chemical

  • Semiconductor

  • Automotive Paints

  • Printing

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. 

Global Adsorption Equipment Systems Market Regional Analysis: 

The Global Adsorption Equipment Systems Market Report includes the segmentation of Regions:

  • During the forecast period, 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.

  • Latin America

  • Middle East and Africa

Impact of COVID-19 on Adsorption Equipment Systems Market:

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.

Global Adsorption Equipment Systems Market Key Players:

The companies covered in the report include:

  1. CECO Environmental

  2. Monroe Environmental Corp.

  3. Taikisha Engineering India Pvt. Ltd.

  4. Chemische Thermische Prozesstechnik GmbH

  5. Evoqua Water Technologies LLC

  6. Environmental C & C Inc

  7. TIGG LLC

  8. Durr Group

  9. Coastal Environmental Systems, Inc.

  10. Gulf Coast Environmental Systems

 

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Adsorption Equipment Systems Market, By Medium                

                                6.1.1 Activated Carbon 

                                6.1.2 Activated Alumina

                                6.1.3 Silica Gel  

                                6.1.4 Others      

                                6.1.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.6 Y-o-Y Growth Rate Analysis              

                                6.1.7 Market Attractiveness Index           

                6.2 Adsorption Equipment Systems Market, By Capacity                

                                6.2.1 Less than 10,000 CFM        

                                6.2.2 10,000-50,000 CFM             

                                6.2.3 Greater than 50,000 CFM 

                                6.2.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.5 Y-o-Y Growth Rate Analysis              

                                6.2.6 Market Attractiveness Index           

                6.3 Adsorption Equipment Systems Market, By Phase                     

                                6.3.1 Liquid Phase          

                                6.3.2 Vapor Phase           

                                6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.4 Y-o-Y Growth Rate Analysis              

                                6.3.5 Market Attractiveness Index           

                6.4 Adsorption Equipment Systems Market, By End- User                             

                                6.4.1 Chemical  

                                6.4.2 Semiconductor     

                                6.4.3 Automotive Paints

                                6.4.4 Printing    

                                6.4.5 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.6 Y-o-Y Growth Rate Analysis              

                                6.4.7 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Adsorption Equipment Systems Market, by Region                     

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Medium             

                                7.2.3 By Capacity             

                                7.2.4 By Phase  

                                7.2.5 By End- User          

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Medium             

                                7.3.3 By Capacity             

                                7.3.4 By Phase  

                                7.3.5 By End- User          

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Medium             

                                7.4.3 By Capacity             

                                7.4.4 By Phase  

                                7.4.5 By End- User          

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Medium             

                                7.5.3 By Capacity             

                                7.5.4 By Phase  

                                7.5.5 By End- User          

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Medium             

                                7.6.3 By Capacity             

                                7.6.4 By Phase  

                                7.6.5 By End- User          

8. Key Player Analysis                                    

                8.1 General Electric                        

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Mitsubishi Hitachi Power Systems Ltd.                           

                8.3 Babcock & Wilcox Enterprises Inc.                    

                8.4 Thermax Limited                      

                8.5 Doosan Lentjes                         

                8.6 FLSmidth                     

                8.7 Siemens                      

                8.8 Clyde Bergemann Power Group                        

                8.9 Marsulex Environmental Technologies                           

                8.10 AMEC Foster Wheeler                         

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Adsorption Equipment Systems Market By Region, From 2021-2026 ( USD Billion )

  2. Global Adsorption Equipment Systems Market By Medium, From 2021-2026 ( USD Billion )

  3. Global Activated Carbon Market By Region, From 2021-2026 ( USD Billion )

  4. Global Activated Alumina Market By Region, From 2021-2026 ( USD Billion )

  5. Global Silica Gel Market By Region, From 2021-2026 ( USD Billion )

  6. Global Others Market By Region, From 2021-2026 ( USD Billion )

  7. Global Adsorption Equipment Systems Market By Capacity, From 2021-2026 ( USD Billion )

  8. Global Less than 10,000 CFM Market By Region, From 2021-2026 ( USD Billion )

  9. Global 10,000-50,000 CFM  Market By Region, From 2021-2026 ( USD Billion )

  10. Global Greater than 50,000 CFM Market By Region, From 2021-2026 ( USD Billion )

  11. Global Adsorption Equipment Systems Market By Phase, From 2021-2026 ( USD Billion )

  12. Global Liquid Phase Market By Region, From 2021-2026 ( USD Billion )

  13. Global Vapor Phase Market By Region, From 2021-2026 ( USD Billion )

  14. Global Adsorption Equipment Systems Market By End- User , From 2021-2026 ( USD Billion )

  15. Global Chemical Market By Region, From 2021-2026 ( USD Billion )

  16. Global Semiconductor Market By Region, From 2021-2026 ( USD Billion )

  17. Global Automotive Paints Market By Region, From 2021-2026 ( USD Billion )

  18. Global Printing Market By Region, From 2021-2026 ( USD Billion )

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