Lucintel's latest market report analyzed that specialty sorbent provides attractive opportunities in the pharmaceutical, oil and gas, construction, food and beverage, and environmental industries. The specialty sorbent market is expected to reach $XX billion by 2028 with a CAGR of 8% to 10%. In this market, chitosan is the largest segment by material, whereas construction is largest by end use industry.
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Based on material, the specialty sorbent market is segmented into chitosan, silica, carbon black, engineered nanomaterials, and others. The chitosan segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its ability to adsorb heavy metal ions.
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The Specialty Sorbent Market is marked by the presence of several big and small players. Some of the prominent players offering specialty sorbent include BASF, Arkema, Clariant, Evonik, Mitsubishi Chemicals, LG Chem, and W. R. Grace.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
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