Adsorption Equipment Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Adsorption Equipment Market is segmented By Type (Fixed Regenerative Beds, Disposable/Rechargeable Canisters, Traveling-Bed Adsorbers, Fluidized-Bed Adsorbers, Chromatographic Baghouses), By Capacity (Less than 10,000 CFM, 10,000 – 50,000 CFM, More Than 50,000 CFM), By Phase (Liquid Phase, Vapor Phase), By End-User (Waste & Wastewater Treatment, Furniture, Electronics, Automotive, Printing, Industrial Equipment, Chemicals, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Adsorption Equipment Market Overview

[150 Pages] Report on Global Adsorption Equipment analyses the market size, shares, supply chain analysis, company profiles and industry dynamics. The report estimates that market to grow at a CAGR of 2.4% till 2031. Rising demand for controlling VOC emissions generated by automotive paint finishing systems, and chemical industries due to stringent government rules and regulations regarding pollution control. Competitive rivalry intensifies with Evoqua Water Technologies LLC, Taikisha Ltd., CECO Environmentalc and others are operating in the market.

Adsorption types of equipment help to bond or adhere molecules and particles to a surface in an adsorbing media of the process stream. Adsorption is the non-destructive control technology that removes volatile organic compounds (VOCs) from low to medium-concentration gas and liquid streams. This equipment is used for industrial applications, including wastewater treatment, air pollution control, odor control, and for the recovery of volatile solvents such as benzene, ethanol, and trichloroethylene from the liquid, as well as used for drying of process gas streams. The adsorption equipment applications include printing, automotive, industrial equipment, HVAC, chemicals, and many more.

Adsorption Equipment Market Scope

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Adsorption Equipment Market Trends and Dynamics

The market is driven by the rising demand for controlling VOC emissions generated by automotive paint finishing systems, and chemical industries due to stringent government rules and regulations regarding pollution control. According to the European Chemical Industry Council Organization report, the global chemical industry generated a revenue of around US$ 3,954 billion in 2018. It created a massive demand for the adsorption types of equipment in the chemical industries. The adsorbent equipment helps to absorb harmful pollutants, such as hydrogen sulfide, mercury, and ammonia emitted from the chemical industries.

There is a rise in the demand for emission control products and solutions with advanced technology. A further surge in the collaboration of the leading players to develop advanced technology devices for VOC and pollution control using the adsorption types of equipment has created a huge demand for this market. For instance, in Dec 2019, CECO Environmental collaborated with an aerospace manufacturing leader to provide innovative adsorption equipment like thermal oxidation solutions to reduce emissions by 99%.

Adsorption Equipment Market Segmentation Analysis

The global adsorption equipment market is segmented based on type, capacity, phase end-user, and region.

In terms of type, the global adsorption equipment market is bifurcated into fixed regenerative beds, disposable/rechargeable canisters, traveling-bed adsorbers, fluidized-bed adsorbers, and chromatographic baghouses. Among these, the fluidized-bed adsorbers segment had the highest share in 2019. This is primarily due to the increasing demand for emission control in small to large industrial operations to remove harmful VOCs (volatile organic carbons) for small consumer uses as filters and gas masks.

According to United Nations Environment Programme Report in 2010, the global industrial and waste/wastewater GHG emissions grew to around 15.4 GtCO2eq 2010. The GHG emissions are expected to reach 60 GtCO2e by 2030 due to rising industrialization and growing population demand. It created a massive demand for the high efficient emission control adsorption equipment market.

Similarly, fixed regenerative beds, disposable/rechargeable canisters, traveling-bed adsorbers, and chromatographic baghouses segments are also growing faster due to raising the strict government rules and regulations to control the pollution that happened due to industrialization.

Depending upon the capacity, the global adsorption equipment market is divided into less than 10,000 CFM, 10,000 – 50,000 CFM, and more than 50,000 CFM. Among this 10,000 – 50,000 CFM segment has the highest market share in 2019. This is primarily due to increasing the demand for pollution control systems with this capacity in the large and medium end-user industries such as automotive, semiconductor, printing, etc. Further, this capacity equipment provides around 95–98% VOC destruction efficiencies, which offers ease in operation along with higher concentration ratios.

Also, less than 10,000 CFM and more than 50,000 CFM segments are growing faster due to the growing government norms related to pollution control in the industries.

The global adsorption equipment market is divided into a liquid phase and a vapor phase depending on the phase. The vapor phase has the highest market share in 2019, owing to the rising demand for air pollution control compared to government regulations on the leading manufacturing companies to control the emission.

Further, the liquid phase segment is also growing at the fastest pace due to increasing the demand for wastewater treatment to remove the water's contaminants and raise the leading player's investment for providing clean water using advanced technology types of equipment. For instance, on 23rd Jul 2019, CECO Environmental Company received an order to remove contaminants from 24 million barrels of seepage water per year. The company has an international customer who relies on CECO's applications and equipment to remove 18,000 tons of waste per year.

Depending upon the end-user, the global adsorption equipment is divided into waste & wastewater treatment, furniture, electronics, automotive, printing, industrial equipment, chemicals, etc. This automotive segment is the fastest-growing sector due to increasing the sale of automobiles like passenger and commercial vehicles.

As the adsorption types of equipment have the highest automotive production requirement as it is used in automotive air conditioning, vehicle paints enable better adsorption capacity. According to the International Organization of Motor Vehicle Manufacturers, the global automotive sale, including passenger and commercial, has been reached 91,358,457 units. Thus it created a massive demand for the adsorption equipment market in this sector.

Further, the waste & wastewater treatment, furniture, electronics, automotive, printing, industrial equipment, and chemicals segments are also growing in demand for the adsorption equipment market owing to increasing industrialization with growing population demand and rising awareness among the people about pollution and VOC control around the globe.

Global Adsorption Equipment Market Geographical Share

By region, the global adsorption equipment market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia-Pacific is the dominant region for the global adsorption equipment market and is expected to grow at the highest CAGR during the forecasted period due to the presence of manufacturing facilities related to the end-user industries, including printings, automotive, semiconductor, chemical, etc. with government strict regulations followed by North America region.

Industrialization in this sector is subjected to huge water and air pollution, which directly creates the demand for the adsorption equipment market to curb climate change and pollution in the Asia-Pacific region.  According to The Intergovernmental Panel on Climate Change (IPCC), in 2010, over half of 52% of the global direct GHG emissions were from the Asia-Pacific region due to increasing industries and growing waste/wastewater. It created a massive demand for the adsorption types of equipment market in this region.

North America is also growing faster in the adsorption equipment market, owing to the presence of advanced technology equipment and growing stringent rules and regulations regarding pollution control policies. According to the United States Environmental Protection Agency, the automotive transportation sector is responsible for more than 55% of NOx total emissions inventory in the U.S., with around 10% of VOCs emissions in the U.S. compared to the global. It generates massive demand for the adsorption equipment market in this region, followed by Europe.

Adsorption Equipment Market Companies and Competitive Landscape

The global adsorption equipment market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Evoqua Water Technologies LLC, Taikisha Ltd., CECO Environmental, Dürr Aktiengesellschaft, TIGG LLC., CTP Chemisch Thermische Prozesstechnik GmbH, Eisenmann SE, Monroe Environmental Corp., Gulf Coast Environmental Systems (GCES), Calgon Carbon Corporation, and Munters Corporation are the leading market players with significant market share.

Companies are entering into collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, on 4th June 2020, the Company CECO Environmental completed the acquisition of the UK-Based Environmental Integrated Solutions Limited, which added US$ 16 million in revenue annually for the company.