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.

Global Adsorption Equipment Market: Trends & Developments

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, which help keep VOCs) in check. However, the availability of less expensive 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.

Global Adsorption Equipment Market: Segmentation

Based on end-use industry, the global adsorption equipment market can be segmented into automotive paints, printing, chemicals, semiconductor, and others. The automotive paints segment is expected to expand at a significant pace during the forecast period. This can be ascribed to the implementation of stringent regulations on VOC emissions in automotive paint finishing facilities. Based on medium, the global adsorption equipment market can be divided into activated alumina, activated carbon, zeolites, and silica gel. Activated alumina is an adsorbent made of aluminum oxide. It is used as a desiccant for drying gases and air, and as fluoride filter for drinking water. It is also commonly employed as an alternative to activated carbon for the removal of VOCs. Activated carbon is the commonly used industrial adsorbent. It is an inexpensive and versatile adsorbent used in air, gas, water, and metal purification. Zeolites are naturally occurring adsorbents used as dehumidifiers and air purifiers owing to their high retention and adsorption capacities even at high temperatures. They are often used with activated carbon for combined effectiveness.

Global Adsorption Equipment Market: Regional Outlook

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 is estimated to dominate the global adsorption equipment market during the forecast period owing to the growth in industrialization in countries such as China and India. The market in the region is projected to expand at a healthy pace during the forecast period. China, India, and Japan are the major consumers of adsorption equipment in Asia Pacific. These countries are likely to retain their dominance throughout the forecast period. Expansion in the automotive industry in China and India is expected to create significant opportunities for the adsorption equipment market owing to the stringent regulations on VOC emissions generated by automotive paint finishing systems. The  adsorption equipment market in Europe has reached maturity and is anticipated to expand at a sluggish pace during the forecast period.

Global Adsorption Equipment Market: Key Players

Key players 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, and, Coastal Environmental Systems, Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Adsorption Equipment Market

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