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The Desiccant & Adsorbent Market grew from USD 9.15 billion in 2023 to USD 9.65 billion in 2024. It is expected to continue growing at a CAGR of 5.73%, reaching USD 13.52 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Porous adsorbents such as activated clay, silica gel, or molecular sieves use physical adsorption instead of chemical adsorption to protect the products. Desiccants keep a sealed package's contents from being damaged by humidity. Static adsorption & desiccation are used in noble gas separation, precipitation titration, and chromatographic methods in which the adsorbent or desiccant passively absorbs water and other contaminants. Huge demand is observed for desiccants & adsorbents in the oil & gas sector, the packaging business, and water treatment in developing economies, significantly increasing the utilization of desiccants & adsorbents. However, uncertain prices of raw materials and limited usability impede the adoption of desiccants & adsorbents. In addition, developing new-generation adsorbents and emerging production technologies is expected to create robust opportunities for creating desiccants & adsorbents.
Regional Insights
In North America, major chemical-producing companies are increasing their production capacity to meet domestic chemical demand. Adsorbents such as silica gel, synthetic resins, molecular sieves, polymeric adsorbents, and activated carbon are becoming more popular across the region due to their numerous potential advantages, including superior thermal stability and abrasion resistance. In the Asia-Pacific region, the growing public health concerns associated with the scarcity of freshwater and ongoing widespread programs to remove fluoride and sulfur from drinking water by several emerging countries are enhancing the utilization of desiccants & adsorbents. Rapidly growing population along with massive infrastructure development has improved regional wastewater management, thereby increasing the need for desiccants & adsorbents to remove non-degradable organic contaminants from groundwater. In the Middle East, adsorbents such as zeolite molecular sieves, active carbon, impregnated carbons, resins, and polymers play a significant role in the oil & gas sector.Market Insights
Market Dynamics
- The market dynamics represent an ever-changing landscape of the Desiccant & Adsorbent Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
Market Drivers
- Rising need of desiccant & adsorbents for water treatment in developing economies
- High demand for desiccant & adsorbent in oil & gas sector
- Increase in demand for desiccants in the packaging business
Market Restraints
- Fluctuating prices of raw materials used in desiccant & adsorbents
Market Opportunities
- Improving desiccants & adsorbent production technologies
- Development of new-generation adsorbents and increased demand for desiccants in ACS
Market Challenges
- Limited usability of desiccants & adsorbents
Market Segmentation Analysis
- Product: Extensive range of varied products used in gas, petroleum, and petrochemical plants
- Application: Rising penetration of molecular sieves and silica gel in refractory and water treatment operation
Industry Insights
- Market Disruption Analysis
- Porter’s Five Forces Analysis
- Value Chain & Critical Path Analysis
- Pricing Analysis
- Technology Analysis
- Patent Analysis
- Trade Analysis
- Regulatory Framework Analysis
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Desiccant & Adsorbent Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Desiccant & Adsorbent Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Recent Developments
Suzhou Nanomicro Technology Launches New Silica Gel Packing Product.
Suzhou Nanomicro Technology has launched a new silica gel packing product combining desiccant and adsorptive technologies, enhancing the safety and convenience of stored food products, pharmaceuticals, electronics, and various other items. With its advanced features, Suzhou Nanomicro Technology provides effective moisture control and protection against harmful environmental factors.Palmer Holland Announces Partnership With Zeochem.
Palmer Holland has entered into a partnership with Zeochem to expand its range of products in the desiccant and adsorbent sector. This partnership enables Palmer Holland to provide a diverse range of solutions that cater to customer requirements and meet application demands to bring about greater value and innovation in the desiccant and adsorbent industry.Desotec to Buy Evoqua’s Carbon Reactivation Services Business for USD 100m.
Belgium-based company Desotec has announced its acquisition of Evoqua Water Technologies' carbon reactivation services business for a reported USD 100 million. After the completion of the deal, Evoqua aimed to establish a supply agreement with Desotec to ensure the provision of reactivated carbon services to its customers.Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Desiccant & Adsorbent Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.Key Company Profiles
The report delves into recent significant developments in the Desiccant & Adsorbent Market, highlighting leading vendors and their innovative profiles. These include Almatis B.V., Ashirwad Chemicals, Axens SA, BASF SE, Calgon Carbon Corporation, CWK Chemiewerk Bad Kostritz GmbH, Desicca Chemicals Pvt. Ltd., Drytech Incorporated, Edco Supply Corporation, Fuji Silysia Chemical Ltd., Global Adsorbents Pvt. Ltd., Guangdong Xintao Technology Co. Ltd., Hengye Inc., Honeywell International Inc., Jiangxi Xintao Technology Co., Ltd., KNT Group, Merck KGaA, Munters Corporation, Osaka Gas Chemicals Co. Ltd., Porocel Corporation by Evonik Industries AG, Shanghai Chenxu Trading Co., Ltd., Shanghai Jiuzhou Chemicals Co. Ltd., Shiv Chemicals, Silica-Gel Desiccant, Suprabha Protective Products Pvt. Ltd., Tropack Packmittel GmbH:, Wisesorbent Technology LLC, Xiamen Wintrustek Advanced Materials Co., Ltd., and Zeolites and Allied Products Pvt. Ltd..Market Segmentation & Coverage
This research report categorizes the Desiccant & Adsorbent Market to forecast the revenues and analyze trends in each of the following sub-markets:Product
- Activated Alumina
- Activated Carbon
- Ceramic Balls
- Molecular Sieves
- Silica Gel
- Tabular Alumina
Application
- Abrasives
- Construction
- Oil & Gas
- Petrochemicals
- Pharmaceuticals
- Processing Industries
- Refractories
- Water Treatment Plants
Region
Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
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Purchase of this report includes 1 year online access with quarterly updates
Purchase of this report includes 1 year online access with quarterly updates
Table of Contents
1. Preface
2. Research Methodology
5. Market Insights
6. Desiccant & Adsorbent Market, by Product
7. Desiccant & Adsorbent Market, by Application
8. Americas Desiccant & Adsorbent Market
9. Asia-Pacific Desiccant & Adsorbent Market
10. Europe, Middle East & Africa Desiccant & Adsorbent Market
11. Competitive Landscape
12. Competitive Portfolio
List of Figures
List of Tables
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Almatis B.V.
- Ashirwad Chemicals
- Axens SA
- BASF SE
- Calgon Carbon Corporation
- CWK Chemiewerk Bad Kostritz GmbH
- Desicca Chemicals Pvt. Ltd.
- Drytech Incorporated
- Edco Supply Corporation
- Fuji Silysia Chemical Ltd.
- Global Adsorbents Pvt. Ltd.
- Guangdong Xintao Technology Co. Ltd.
- Hengye Inc.
- Honeywell International Inc.
- Jiangxi Xintao Technology Co., Ltd.
- KNT Group
- Merck KGaA
- Munters Corporation
- Osaka Gas Chemicals Co. Ltd.
- Porocel Corporation by Evonik Industries AG
- Shanghai Chenxu Trading Co., Ltd.
- Shanghai Jiuzhou Chemicals Co. Ltd.
- Shiv Chemicals
- Silica-Gel Desiccant
- Suprabha Protective Products Pvt. Ltd.
- Tropack Packmittel GmbH:
- Wisesorbent Technology LLC
- Xiamen Wintrustek Advanced Materials Co., Ltd.
- Zeolites and Allied Products Pvt. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 191 |
| Published | June 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 9.65 Billion |
| Forecasted Market Value ( USD | $ 13.52 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
