The Global Adsorption Equipment Market is predicted to grow at a CAGR 4.19% rate during the forecast period.
Automotive paints is expected to grow at a faster rate during the forecast period. This growth is mainly attributed to stringent regulations to control VOC emissions generated by automotive paint finishing systems. Also, increased vehicle production every year creates high growth opportunities for the adsorption equipment market.
Asia Pacific region is projected to grow at a highest CAGR in terms of value within the adsorption equipment market. Stringent regulations to control VOC emissions in especially in emerging nations like China, India, and Japan is expected to boost the growth of adsorption equipment in APAC. The region is a manufacturing base for the automotive, chemical, pharmaceutical, printing, paper, and semiconductor industries. This, in turn, creates lucrative growth opportunities for the adsorption equipment manufacturers in the region.
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1. Weather Forecasting Systems Market, By Application
1.1. Weather satellites
1.2. Weather observing systems
1.3. Weather stations
1.4. Weather drones
1.5. Weather balloons
1.6. Airborne Lidar
1.7. others
2. Adsorption Equipment Market, By End-Use Industry
2.1. Automotive Paints
2.2. Chemical
2.3. Semiconductor
2.4. Printing
2.5. Others
3. Adsorption Equipment Market, By Region
North America
Europe
Asia Pacific
Rest of World
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