- The key vendors in the global desiccant and adsorbent market 2015-2019 are Almatis, Axens, BASF, CECA, UOP and Zeochem.
London, 14 October 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global desiccant and adsorbent market 2015-2019. The increased demand from APAC is one of the major positive trends being witnessed by manufacturers in the market in recent years. The increase in demand for desiccants and adsorbents for various commercial, industrial, and household applications in the region, along with the significant increase in production capacity in recent years, is expected to benefit the global desiccants and adsorbents market. The global desiccants and adsorbents market is expected to grow at a CAGR of 10.52% during the period of 2014-2019.
The desiccants and adsorbents industry is mainly technology driven. Developing appropriate techno-economical products based on processed ceramic raw materials, conducting field trials, commercial usage, and appropriate waste disposal methods are the industry’s driving factors. Moreover, the supply of desiccants and adsorbents is dominated by European and Americas manufacturers.
“Recycling of used desiccants and adsorbents is increasing in developed nations and this trend is also likely to follow in developing nations,” says Faisal Ghaus, Vice President of Technavio Research.
“Also, new technology is being developed for reusing alumina ceramic balls and reactive alumina in the manufacturing of raw materials for the refractories applications.”
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.
If you are interested in more information on this topic and our upcoming research on the Global Desiccant and Adsorbent Market 2015-2019, please send an e-mail to media@TechNavio.com
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