- The key vendors in the Global Adsorbents Market 2015-2019 are Arkema Group, Axens SA, BASF SE, Cabot Corp., Calgon Carbon Corp., Clariant AG, W.R. Grace & Co. and UOP LLC.
London, 25 November 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Adsorbents Market 2015-2019. Increased collaboration between consumers and manufacturers to produce and develop consumer-suited products is a positive trend witnessed by this market. Major players are considering consumer requirements to produce cheap and efficient adsorbents. The Global Adsorbents market is expected to grow at a CAGR of 6.34 percent during the forecast period of 2014-2019.
Adsorbents are increasingly being used for packaging purposes in the Healthcare and FMCG sectors because they protect healthcare products from moisture and oxygen. There has been a rise in the consumption of adsorbents in the BRICS countries in recent years because of the significant growth in the Industrial sector, resulting in increased need for industrial wastewater treatment and air separation processes.
“There has been a global shift from the western and developed part of the world, toward the eastern and developing part regarding this market,” says Faisal Ghaus, Vice President of TechNavio Research.
“Most of the revenue and manufacturing is being driven by emerging markets especially the BRICS members because of the availability of low-cost labor and local demand in these nations.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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