The global adsorbent market size, in terms of value, is projected to reach USD 4.3 Billion by 2020, at a CAGR of 6.3% between 2015 and 2020.The market for adsorbent is driven by oil & gas, packaging, air separation, and water treatment industries due to government regulations on wastewater treatment and environmental regulations regarding increasing air pollution levels are expected to boost the growth of the adsorbent market in Asia-Pacific. These are the key factors driving the growth of the global adsorbent market.

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Adsorbent have small pore diameters so that there is a high surface area to facilitate adsorption. Industrial adsorbents have high thermal stability and resistance to abrasion. Depending on the application, the surface may be hydrophobic or hydrophilic. Both polar and nonpolar adsorbents exist. Adsorbent is a material with diverse range of types across various applications such as petrochemicals, water treatment, air separation & drying, and others.

The global demand for adsorbent materials is increasing moderately, in which molecular sieves and activated carbon are major types. The demand for silica gel, silica gel-alumina composites, and metal oxides is anticipated to grow due to their efficiency and better service life. Molecular sieves (zeolite) account for a major share in the adsorbent market in terms of both value and volume. The silica gel, molecular sieve, activated carbon also have the properties of desiccant, which behaves like adsorbent only, which is attributing to the growth of adsorbent market, globally.

Currently, Asia-Pacific is the largest market for adsorbent, accounting for a moderate market size, by value, in 2014. Among all the countries, China dominates the adsorbent market in 2014, followed by India. India is the fastest-growing market in the world and is expected to surpass China in adsorbent market in the near future. Along with the rising demand of activated alumina in the Asia-Pacific region, silica gels and clay are also having the highest CAGR within a range 7.0-7.5% between the forecast period 2015-2020. The molecular sieves segment accounted for the largest share of 39.2% of the adsorbent market in 2014. This can be attributed to the increasing use of adsorbent in natural gas, refining, petrochemical, and air drying applications.

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