Adsorption Equipment Market Size, Growth & Forecast [2031]
Adsorption Equipment Market Size, Growth & Forecast [2031]
Segments - Adsorption Equipment Market by Type (Moving Bed Adsorbers, Disposable Canisters, Rechargeable Canisters, Fixed Bed, and Fluidized Bed Adsorbers), Medium (Activated Carbon, Zeolites, Activated Alumina, and Silica Gel), Capacity (<10,000 CFM, >50,000 CFM, and 10,000–50,000 CFM), Phase (Vapor Phase and Liquid Phase), End-user (Waste & Wastewater Treatment, Electronics, Automotive, Printing, Chemical, Furniture Manufacturing, and Industrial Equipment) and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :EP-4972
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Report Description
The adsorption equipment market size was valued at about USD 322.1 Mn in 2022 and is expected to reach USD 497.8 Mn by 2031, expanding at a CAGR of 4.3% during the forecast period, 2023–2031. The growth of the market is attributed to the increasing demand for wastewater treatment and in the automotive industry.
Adsorption equipment helps to attach molecules or atoms to a surface in a process stream. It is used for commercial applications such as the improvement of evaporative solvents comprises of ethanol, trichloroethylene, & benzene, odor control, and in the drying procedure of gas streams.
Adsorption is a simple plan and can require low expenditure in terms of both prime cost and area required. It is the process that is extensively used for the treatment of commercial wastewater from natural & inorganic contamination and connects the great attention of the researchers.
Physical adsorption includes a weak bonding of molecules (usually gases) to adsorbing solids. It can be reversed by applying heat or pressure, or else known as regeneration. Adsorption equipment is integrated into environmental systems for the improvement of contaminated water and air streams.
COVID-19 pandemic has negatively impacted the market. Owing to the pandemic numerous private and government sector businesses halted operations and production. Numerous consumer goods and other products globally were halted, due to shortage of labors and raw materials.
Adsorption Equipment Market Dynamics
The global adsorption equipment market report has up-to-date insights that help formulate a strategic roadmap about the estimated market scenario and performance during 2023 to 2031.
Adsorption Equipment Market Drivers, Restraints, and Opportunities
Rising use of adsorption equipment in the automotive industry is fueling the market, owing to the increasing use of adsorption equipment for numerous procedures undertaken to make vehicle safe and attractive.
Increasing need for consumable water across the world has resulted in high demand for distilled water and is anticipated to drive the market in the coming years. Government invests in the development of freshwater treatment to assist the growing demand for desalinated water.
High-cost product installation and maintenance are restraining the market during the forecast period. The availability of high-cost replacements, such as fixed-bed adsorbers and fluidized-bed adsorbers with less maintenance and installation costs is expected to restrict the growth of the adsorption equipment market.
Increasing use of waste & wastewater treatment equipment in residential and non-residential applications are expected to drive the market. Further, the probability of water reuse and industrial wastewater treatment across the globe is attracting many water treatments and solutions provided to companies.
Scope of Adsorption Equipment Market Report
The report on the global adsorption equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Adsorption Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2020 – 2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Type (Moving Bed Adsorbers, Disposable Canisters, Rechargeable Canisters, Fixed Bed, and Fluidized Bed Adsorbers), Medium (Activated Carbon, Zeolites, Activated Alumina, and Silica Gel), Capacity (<10,000 CFM, >50,000 CFM, and 10,000–50,000 CFM), Phase (Vapor Phase and Liquid Phase), and End-user (Waste & Wastewater Treatment, Electronics, Automotive, Printing, Chemical, Furniture Manufacturing, and Industrial Equipment). |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Durr Aktiengesellschaft; CECO Environmental; EvoquaWater Technologies LLC; TIGGLLC; ChemischThermische Prozesstechnik (CTP) GmbH; Taikisha Ltd.; Environmental C & C Inc.; and Gulf Coast Environmental Systems,LLC |
Global Adsorption Equipment Market Segment Insights
Based on type, the global market is divided into moving bed adsorbers, disposable canisters, rechargeable canisters, fixed bed, and fluidized bed adsorbers. The fixed bed segment is expected to expand at a significant growth rate during the projection period, due to its capability to rule VOC-containing streams over a broad range of flow rates. Numerous regenerate and canisters type adsorbers are used for liquid streams and gas in industry, commercial, and municipal setups. Further, adsorption in the fixed bed is continuous due to the adsorbent being in constant contact with the adsorbent.
On the basis of medium, the global market is segregated into activated carbon, zeolites, activated alumina, and silica gel. The zeolites segment is expected to broaden at a rapid pace during the projected period, due to the increasing use of zeolites as dehumidifiers and air Filtration owing to high maintenance capacities even at high temperatures.
Based on capacity, the adsorption equipment market is segmented into <10,000 CFM, >50,000 CFM, and 10,000–50,000 CFM. The 10,000–50,000 CFM segment is anticipated to account for a significant portion of the adsorption equipment market over the projected period owing to an increase in the use of adsorption equipment due to its capability to process high concentrations of VOCs.
On the basis of phase, the global market is segregated into the vapor phase and liquid phase. Vapor phase segment helps to remove VOC (volatile organic compounds) and HAP (hydroxyapatite) from numerous gas flows or through industrial operations and processes.
Liquid phase segment growth is driven mainly by tending the need for water pumps and water pump skid systems. Water pumps and skid systems are criticizing parts of desegregated liquid phase actuate carbon adsorption systems particularly used in environmental curative.
On the basis of end-user, the global market is segregated into waste & wastewater treatment, electronics, automotive, printing, chemical, furniture manufacturing, and industrial equipment. Automotive is one of the main sectors, where the VOCs are discharged during the painting process. Discharge components such as butyl ester, ethyl acetate, and acetic acid have high concentrations at the intermediate.
In terms of region, the global adsorption equipment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the projection period. Increasing demand for water waste management in the food industry is a major driving factor of market revenue growth in this region. Increasing automotive manufacturers and the growth of the printing industry are among the other key factors boosting the market.
North America and Europe are estimated to contribute significant growth of the market during the projected period. Accepting the advanced technologies in the adsorption equipment in countries such as the UK, Canada, Germany, and U.S., propel the market in these regions.
Segments
The global adsorption equipment market has been segmented on the basis of
Type
- Moving Bed Adsorbers
- Disposable Canisters
- Rechargeable Canisters
- Fixed Bed
- Fluidized Bed Adsorbers
Medium
- Activated Carbon
- Zeolites
- Activated Alumina
- Silica Gel
Capacity
- <10,000 CFM
- >50,000 CFM
- 10,000–50,000 CFM
Phase
- Vapor Phase
- Liquid Phase
End-user
- Waste & Wastewater Treatment
- Electronics
- Automotive
- Printing
- Chemical
- Furniture Manufacturing
- Industrial Equipment
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Durr Aktiengesellschaft
- CECO Environmental
- EvoquaWaterTechnologies LLC
- TIGGLLC
- ChemischThermische Prozesstechnik (CTP) GmbH
- Taikisha Ltd.
- Environmental C & C Inc.
- Gulf Coast Environmental Systems, LLC
Competitive Landscape
Key players competing in the market are Durr Aktiengesellschaft; CECO Environmental; EvoquaWaterTechnologiesLLC; TIGGLLC; ChemischThermische Prozesstechnik (CTP) GmbH; Taikisha Ltd.; Environmental C & C Inc.; and Gulf Coast Environmental Systems, LLC.
These companies adopted development strategies including mergers, acquisitions, partnerships, collaboration, product launches, and production expansion to expand their consumer base worldwide. The competitive landscape covers key insights into growth strategies adopted by major market players.
On 19 July 2022, Evoqua Water Technologies, which is a leading manufacturer of water treatment solutions headquartered in Pittsburgh, Pennsylvania, U.S., announced the acquisition of Epicor, Inc., which is a New Jersey-based leading manufacturer of high-quality powdered ion exchange resins and resin or fiber mixtures for the energy industry.
For over 50 years, Epicor's specialized resins for power steam systems have been revolutionary. In addition, the resins offer a cost-effective and efficient method of producing and sustaining a steady supply of ultra-pure water for power plants. The acquisition is significant because it improves Epicor's Integrated Solutions and Services segment's ability to support and serve customers in the power industry.
Frequently Asked Questions
The global adsorption equipment market size was USD 322.1 Mn in 2022 and is likely to reach USD 497.8 Mn by 2031, expanding at a CAGR of 4.3% during 2023–2031
Adsorption Equipment market is expected to register a compound annual growth rate of 4.3% during the forecast period.
For regional analysis, Asia Pacific is expected to dominate the market during the projection period.
The adsorption equipment key market players are Durr Aktiengesellschaft; CECO Environmental; EvoquaWaterTechnologiesLLC; TIGGLLC; ChemischThermische Prozesstechnik (CTP) GmbH; Taikisha Ltd.; Environmental C & C Inc.; and Gulf Coast Environmental Systems,LLC;
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Adsorption Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Adsorption Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Adsorption Equipment Market - Supply Chain
4.5. Global Adsorption Equipment Market Forecast
4.5.1. Adsorption Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Adsorption Equipment Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Adsorption Equipment Market Absolute $ Opportunity
5. Global Adsorption Equipment Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Adsorption Equipment Market Size and Volume Forecast by Types
5.3.1. Moving Bed Adsorbers
5.3.2. Disposable Canisters
5.3.3. Rechargeable Canisters
5.3.4. Fixed Bed
5.3.5. Fluidized Bed Adsorbers
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Adsorption Equipment Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Adsorption Equipment Market Size and Volume Forecast by End Users
6.3.1. Waste & Wastewater Treatment
6.3.2. Electronics
6.3.3. Automotive
6.3.4. Printing
6.3.5. Chemical
6.3.6. Furniture Manufacturing
6.3.7. Industrial Equipment
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Adsorption Equipment Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Adsorption Equipment Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Adsorption Equipment Demand Share Forecast, 2019-2026
8. North America Adsorption Equipment Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Adsorption Equipment Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Adsorption Equipment Market Size and Volume Forecast by Types
8.4.1. Moving Bed Adsorbers
8.4.2. Disposable Canisters
8.4.3. Rechargeable Canisters
8.4.4. Fixed Bed
8.4.5. Fluidized Bed Adsorbers
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Adsorption Equipment Market Size and Volume Forecast by End Users
8.7.1. Waste & Wastewater Treatment
8.7.2. Electronics
8.7.3. Automotive
8.7.4. Printing
8.7.5. Chemical
8.7.6. Furniture Manufacturing
8.7.7. Industrial Equipment
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Adsorption Equipment Demand Share Forecast, 2019-2026
9. Latin America Adsorption Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Adsorption Equipment Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Adsorption Equipment Market Size and Volume Forecast by Types
9.4.1. Moving Bed Adsorbers
9.4.2. Disposable Canisters
9.4.3. Rechargeable Canisters
9.4.4. Fixed Bed
9.4.5. Fluidized Bed Adsorbers
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Adsorption Equipment Market Size and Volume Forecast by End Users
9.7.1. Waste & Wastewater Treatment
9.7.2. Electronics
9.7.3. Automotive
9.7.4. Printing
9.7.5. Chemical
9.7.6. Furniture Manufacturing
9.7.7. Industrial Equipment
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Adsorption Equipment Demand Share Forecast, 2019-2026
10. Europe Adsorption Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Adsorption Equipment Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Adsorption Equipment Market Size and Volume Forecast by Types
10.4.1. Moving Bed Adsorbers
10.4.2. Disposable Canisters
10.4.3. Rechargeable Canisters
10.4.4. Fixed Bed
10.4.5. Fluidized Bed Adsorbers
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Adsorption Equipment Market Size and Volume Forecast by End Users
10.7.1. Waste & Wastewater Treatment
10.7.2. Electronics
10.7.3. Automotive
10.7.4. Printing
10.7.5. Chemical
10.7.6. Furniture Manufacturing
10.7.7. Industrial Equipment
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Adsorption Equipment Demand Share Forecast, 2019-2026
11. Asia Pacific Adsorption Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Adsorption Equipment Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Adsorption Equipment Market Size and Volume Forecast by Types
11.4.1. Moving Bed Adsorbers
11.4.2. Disposable Canisters
11.4.3. Rechargeable Canisters
11.4.4. Fixed Bed
11.4.5. Fluidized Bed Adsorbers
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Adsorption Equipment Market Size and Volume Forecast by End Users
11.7.1. Waste & Wastewater Treatment
11.7.2. Electronics
11.7.3. Automotive
11.7.4. Printing
11.7.5. Chemical
11.7.6. Furniture Manufacturing
11.7.7. Industrial Equipment
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Adsorption Equipment Demand Share Forecast, 2019-2026
12. Middle East & Africa Adsorption Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Adsorption Equipment Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Adsorption Equipment Market Size and Volume Forecast by Types
12.4.1. Moving Bed Adsorbers
12.4.2. Disposable Canisters
12.4.3. Rechargeable Canisters
12.4.4. Fixed Bed
12.4.5. Fluidized Bed Adsorbers
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Adsorption Equipment Market Size and Volume Forecast by End Users
12.7.1. Waste & Wastewater Treatment
12.7.2. Electronics
12.7.3. Automotive
12.7.4. Printing
12.7.5. Chemical
12.7.6. Furniture Manufacturing
12.7.7. Industrial Equipment
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Adsorption Equipment Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Adsorption Equipment Market: Market Share Analysis
13.2. Adsorption Equipment Distributors and Customers
13.3. Adsorption Equipment Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Durr Aktiengesellschaft;
13.4.2. CECO Environmental;
13.4.3. EvoquaWaterTechnologies LLC;
13.4.4. TIGGLLC;
13.4.5. ChemischThermische Prozesstechnik (CTP) GmbH;
13.4.6. Taikisha Ltd.;
13.4.7. Environmental C & C Inc.;
13.4.8. Gulf Coast Environmental Systems, LLC;
Methodology
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