Home > Pressrelease > Adsorption Equipment Market size worth over $340 Mn by 2025
Adsorption Equipment Market size worth over $340 Mn by 2025
- Published Date: July 29, 2019
Adsorption Equipment Market size is set to surpass USD 340 million by 2025; according to a new research report by Global Market Insights Inc.
Increasing public awareness regarding the health problems associated with volatile organic compound (VOC) emissions and maintaining the indoor air quality in various industrial setups is expected to fuel the adsorption equipment industry growth. Excess VOCs can cause irritation in nose, eyes, and throat along with difficulty in breathing and the feeling of nausea. If a person remains exposed for regular intervals to these harmful agents, it will cause damage to the central nervous system and other organs as well, making the use of adsorption equipment mandatory.
Paint shops in the automotive sector is one of the sections which have high emissions of xylene, butyl ester, acetic acid, ethyl acetate, etc. These are emitted during intermediate, top coating and baking process of various automobile parts. With rising disposable income in emerging nations such as Brazil, Mexico and India automotive demands are spurring, and many global car manufacturers have setup their plants in these nations to cater the demand. All these factors are poised to prevail and will boost the adsorption equipment market demand in automotive sector.
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Although high equipment and operation cost along with complex emission conditions in industries may hinder the market growth. These equipment are used for only low VOC concentrations, which reduces their application area.
Browse key industry insights spread across 150 pages with 190 market data tables & 22 figures & charts from the report, “Adsorption Equipment Market Size By Type (Fixed Bed, Disposable/Rechargeable Canisters, Moving Bed Adsorbers, Fluidized Bed Adsorbers), By Phase (Liquid Phase, Vapor Phase), By End Use (Waste & Wastewater Treatment, Furniture Manufacturing, Electronics, Automotive, Printing, Industrial Equipment), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Disposable/rechargeable canisters segment is set to cross USD 65 million by 2025 driven by their wide applicability for liquid and vapor phase applications. These are used for odor and VOC control along with water purification applications. Increasing water scarcity globally has forced various countries to install wastewater recycling and reclaiming systems.
Vapor phase adsorption equipment market is projected to register around 2.5% CAGR from 2019 to 2025 owing to the growing demand for VOC control applications in various industries. Furniture manufacturing application held 15% share as the adsorbers are helpful in controlling VOC emissions from surface spraying or baking processes of both solid wood and sheet material furniture.
Europe holds a significant share in the overall market as automotive sector is extensively present there. About 20% of the global automobile production is done in Europe itself and stringent regulations regarding VOC emission have made the use of adsorbers in automotive sector more evident. Various other industries such as water & wastewater treatment, electronics, printing, etc. are also present in region and have potential for extensive use of the product for various emission controls.
Some of the prominent players in adsorption equipment market are. Durr Megtec, Tigg LLC, Monroe Environmental Corp, Calgon Carbon Corporation, Munters Corporation, Carbtrol, Environmental C & C Inc., Eisenmann SE, etc.