Adsorption Equipment Market Size

Adsorption Equipment Market Size

Adsorption Equipment Market size surpassed USD 280 million in 2018 and is estimated to grow at 2.5% CAGR from 2019 to 2025. Rising health issues due to surge in VOC emissions has forced the government of various developed economies to formulate stringent regulations in order to curb them which will drive the adsorption equipment demand. The adsorption equipment utilizes a nondestructive control technology to remove contaminants from low to medium concentrations of liquid and gas streams. The market is fueled by increasing demand from automotive industry. These are used in paint applications to control the emission levels of hazardous pollutants.

Rising population, high disposable income levels and changing consumer aspirations will fuel the automotive production in coming years. Additionally, supportive government policies coupled with huge investments will support the production growth. The favorable trends associated with automotive production will augment the market

The positive outlook of printing industry is expected to bolster the adsorption equipment market through 2025. Carbon adsorption is primarily used for reducing the organic emissions in printing operations. The increasing packaging applications for food & beverages, consumer goods, etc. will propel the printing industry thereby generating the need for adsorption equipments. Moreover, increasing applications in water & wastewater treatment sector will spur the industry growth. Various organic pollutants present in wastewater such as pesticides, oils, detergents, greases, fertilizers, phenols, etc. are effectively minimized with the help of adsorption equipments and their hazardous effect on surrounding environment can be controlled.
 

Stringent government regulations associated with emission of VOC and other pollutants will trigger the market value between 2019 to 2025. These regulations assess & measure the impact of harmful pollutants and specify suitable measures and guidelines to control their adverse impact. Adsorption equipment, being one of the effective measures to control air pollutants will witness promising trends in future owing to regulatory compliances.