Adsorption Equipment: Introduction
- Adsorption equipment is used to adhere or bind atoms, ions, molecules, or particles from a liquid, gas, or dissolved solid on to a surface. It is used in industrial applications for odor control, recovery of volatile solvents such as benzene, ethanol, and trichloroethylene, and drying of process gas streams. Adsorption equipment is also incorporated into environmental systems for reclamation and remediation of contaminated water or air streams.
Key Drivers and Restraints of Global Adsorption Equipment Market
- The adsorption equipment market has developed significantly in the recent years. This can be primarily ascribed to the increase in recognition of separation techniques globally. Adsorption equipment plays an important role in addressing several issues associated with the emission of volatile organic compounds (VOCs). Various global government bodies have enacted stringent regulations on the emission of volatile organic compounds (VOCs) from various end-use industries such as automotive paint shop, chemical, printing, pharmaceutical, food & beverages, and semiconductor. This is expected to drive the demand for adsorption equipment in the near future.
- Availability of low cost alternatives, such as fixed-bed adsorbers and fluidized-bed adsorbers, with low installation and maintenance costs is anticipated to restrain the global adsorption equipment market during the forecast period
Adsorption Equipment: Capacity Segment
- In terms of capacity, the global adsorption equipment market can be segmented into less than 10,000 CFM, 10,000-50,000 CFM, and more than 50,000 CFM
- The 10,000-50,000 CFM segment is expected to account for significant share of the global adsorption equipment market during the forecast period owing to the increase in usage of adsorption equipment due to its ability to process high concentrations of VOCs
- The more than 50,000 CFM segment is likely to expand at a rapid pace during the forecast period, due to the increase in demand for high capacity equipment around the globe
Adsorption Equipment: Medium Segment
- In terms of medium, the global adsorption equipment market can be divided into activated alumina, activated carbon, zeolites, and silica gel
- The activated alumina segment is expected to account for significant share of the global adsorption equipment market during the forecast period. It is anticipated to be followed by activated carbon segment.
- The zeolites segment is likely to expand at a rapid pace during the forecast period, due to the increase in usage of zeolites as dehumidifiers and air purifiers owing to their high retention and adsorption capacities even at high temperatures
Adsorption Equipment: End-use Segment
- In terms of end-use, the global adsorption equipment market can be segregated into automotive paints, printing, chemicals, semiconductor, and others
- The automotive paints segment is estimated to expand at a rapid pace during the forecast period owing to the increase in production of vehicles across the globe
- The chemicals segment is likely to expand at a healthy CAGR during the forecast period, owing to the expansion of the chemical industry across the globe
COVID-19 Impact on Adsorption Equipment Market
- On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
- Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
- Manufacture of various consumer goods and other products across the globe has come to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the adsorption equipment market.
Asia Pacific to Dominate Adsorption Equipment Market
- In terms of region, the global adsorption equipment market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- Asia Pacific dominated the adsorption equipment market in 2020. This trend is anticipated to continue during the forecast period. This can be ascribed to the growth in industrialization in countries such as China and India.
- The adsorption equipment market in Europe has reached maturity and is anticipated to expand at a sluggish pace during the forecast period
Key Manufacturers Operating in Global Adsorption Equipment Market
The global adsorption equipment market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global adsorption equipment market include:
- 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
Global Adsorption Equipment Market: Research Scope
Global Adsorption Equipment Market, by Capacity
- Less Than 10,000 CFM
- 10,000-50,000 CFM
- More Than 50,000 CFM
Global Adsorption Equipment Market, by Medium
- Activated Alumina
- Activated Carbon
- Zeolites
- Silica Gel
Global Adsorption Equipment Market, by End-use
- Automotive Paints
- Printing
- Chemicals
- Semiconductor
Global Adsorption Equipment Market, by Region
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
