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Adsorption Equipment Market Share

Report ID: GMI4206
Published Date: Nov 2024
Report Format: PDF

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Adsorption Equipment Market Share

In 2023, key companies like Microtrac, Durr, CECO Environmental, Calgon Carbon and Evoqua held a combined market share of 20%-25%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Manufacturers are heavily investing in R&D to develop more efficient adsorbents and adsorption systems. New materials like metal-organic frameworks (MOFs) and graphene are enhancing performance and cost-effectiveness in various applications. Companies are expanding into emerging markets such as Asia Pacific, Africa, and Latin America. These regions, experiencing rapid industrialization, urbanization, and environmental concerns, are driving demand for adsorption-based solutions in water treatment, air purification, and pollution control.

Adsorption Equipment Market Companies

Major players operating in the adsorption equipment industry are:

Bry-Air
Calgon Carbon
Carbtrol
CECO Environmental
Durr
Evoqua
General Carbon
GUNT
KCH
Microtrac
Munters
Process Combustion Corporation
Suny Group
Thermax
TIGG

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of adsorption equipment reached USD 435.6 million in 2023 and is set to grow at a 5.7% CAGR from 2024 to 2032, driven by stringent environmental regulations.

The chemical and petrochemical segments held around 33% of the total market share in 2023 and are anticipated to grow at a 6.1% CAGR until 2032, as these industries manage various contaminants like VOCs, gases, and organic solvents.

The U.S. market recorded USD 93.6 million in 2023 and is expected to expand at a 5.6% CAGR from 2024 to 2032, fueled by strict environmental regulations and advancements in adsorbents and systems.

The key players in the industry include Bry-Air, Calgon Carbon, Carbtrol, CECO Environmental, Durr, Evoqua, General Carbon, GUNT, KCH, Microtrac, Munters, Process Combustion Corporation, Suny Group, Thermax, and TIGG.