Global Adsorption Equipment Market to Reach $673.1 Million by 2030: Increasing Demand for Adsorption Equipment in the Automotive Industry Drives Growth

DUBLIN, April 11, 2023 /PRNewswire/ -- The "Adsorption Equipment Market Size, Share, Trends, By Bed Type, By Phase Type, By End-User, and By Region Forecast to 2030" report has been added to  ResearchAndMarkets.com's offering.

According to market research, the global adsorption equipment market is expected to grow to USD 673.1 Million by 2030, with a revenue compound annual growth rate (CAGR) of 5.0% during the forecast period.

Companies Mentioned

• Durr
• Munters
• Taikisha Ltd.
• Evoqua Water Technologies LLC
• Oxbow Corporation
• Comi Polaris Systems
• Kilburn Engineering Ltd.
• Carbtrol
• Newterra ltd.
• RCM Technologies

The market is being driven by the increasing demand for adsorption equipment in the automotive industry, which is required for various processes involved in making vehicles both aesthetically pleasing and safe.

These processes, including the use of paint and chemicals, often result in the emission of hazardous pollutants into the atmosphere, making adsorption equipment a critical solution for providing cleaner effluent from different manufacturers .

The need for clean air and water has become increasingly important due to growing environmental concerns, especially with the increase in industrialization.

Adsorption equipment comes in different capacities and works on various phases, meeting the demand for safer environmental standards, which are often disrupted by the numerous growing industries, such as electronics, chemicals, semiconductors, and pharmaceuticals. These industries emit volatile organic compounds (VOCs), which can have a significant impact on the environment .

The printing industry, which is a major source of carbon emissions, is also driving the demand for adsorption equipment. As the demand for packaging of food and beverages, as well as consumer goods, continues to grow, the printing industry is expected to see a significant increase in demand for adsorption equipment as a means to reduce organic emissions .

Governments in different countries are implementing various initiatives to clean up waste and wastewater to provide clean water, which has contributed to the growth of the adsorption equipment market. Adsorption equipment plays a vital role in ensuring cleaner air and water and is, therefore, central to the strategy for achieving cleaner air and water.

Market Dynamics:

Driving Force:

Significant Investments in High-Accuracy Microbalance and Rapid Adoption of New Techniques

The market is being driven by significant investments in high-accuracy microbalances and the rapid adoption of new techniques. High-accuracy microbalances are allowing industry professionals to analyze gas and vapor sorption by materials at previously unattainable pressures and temperatures, which is opening up new avenues for sorption analysis.

In addition, new exo-sensing technology is being incorporated, which removes the sensing and control mechanisms from the microbalance chamber and allows for sorption analysis with dangerous and aggressive species while maintaining measurement accuracy and resolution.

New techniques such as Integral Mass Balance (IMB) are more accurate than existing techniques and have the potential to accelerate the development of new materials for gas separation technology.

Restraint:

Availability of Wide Range of Alternatives

The market is restrained by the availability of a wide range of alternatives to adsorption, such as waste removal and segregation methodologies like ion exchange and electrocoagulation.

These methodologies are widely accepted as replacements for adsorption due to their significant benefits and advantages, such as the ability to remove heavy metals from wastewater effluent and their affordability, safety, simplicity, and environmental friendliness.

Ion exchange involves reversible ion exchange between the solid and liquid phases, which removes metal ions from the solution without affecting the internal resin structure. Electrocoagulation is used for small-scale wastewater treatment, where an electric current is passed through the wastewater solution to remove dissolved metals, suspended solids, dyes, and tannins.

Key Topics Covered:

Chapter 1. Market Synopsis

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Adsorption Equipment Market Segmentation & Impact Analysis
4.1. Adsorption Equipment Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing focus and significant investments in controlling the emission of volatile organic compounds
4.2.2.2. Increasing demand for high-performance adsorption systems in the automotive industry
4.2.3. Market restraints analysis
4.2.3.1. Availability of lost cost alternatives
4.2.3.2. Significant time required for separation of the absorbent from dye
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Price trend Analysis
4.6. Customer Mapping
4.7. COVID-19 Impact Analysis
4.8. Global Recession Influence

Chapter 5. Adsorption Equipment Market By Bed Type Insights & Trends
5.1. Bed Type Dynamics & Market Share, 2022 & 2030
5.2. Fixed Bed
5.3. Disposable Canisters
5.4. Moving Bed Adsorbers
5.5. Fluidized Bed Adsorbers
5.6. Others

Chapter 6. Adsorption Equipment Market By Phase Type Insights & Trends
6.1. Phase Type Dynamics & Market Share, 2022 & 2030
6.2. Liquid Phase
6.3. Vapor Phase

Chapter 7. Adsorption Equipment Market By End-User Insights & Trends
7.1. End-User Dynamics & Market Share, 2022 & 2030
7.2. Waste & Wastewater Treatment
7.3. Furniture Manufacturing
7.4. Electronics
7.5. Automotive
7.6. Others

Chapter 8. Adsorption Equipment Market Regional Outlook

Chapter 9. Competitive Landscape
9.1. Market Revenue Share by Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Market positioning
9.5. Strategy Benchmarking
9.6. Vendor Landscape

Chapter 10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/vdln6p

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected] 
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets