views
The global adsorbents market size is estimated to grow from USD 4.1 billion in 2021 to USD 5.6 billion by 2026, at a CAGR of 5.9% during the forecast period. The driving factors for the adsorbents market is the industry growth is backed by the large-scale developments in oil & gas processing and socio-economic advancements such as the increased use of adsorbents in maintaining purity standards in various applications and because of environmental concerns.
Arkema SA(France), Honeywell International Inc(US), Axens(France), BASF SE (Germany), Cabot Corporation(US), Clariant AG (Switzerland), W.R. Grace & Co.(US) among others, are the leading adsorbents manufacturers, globally. These companies adopted new product launch, and agreements & contracts as their key growth strategies between 2019 and 2021 to earn a competitive advantage in the adsorbents market.
Arkema SA is one of the largest player in the adsorbents market. The company provides 3D printing, adhesives and sealants, automotive and transportation, building and construction, coatings, paints and inks, composites and advanced materials, electronics, and electrical, oil and gas, renewable energies and energy storage, and sport and leisure products. It offers products under various brands such as Sartomer’s N3xtDimension resins, Rilsan, Pebax, Luperox, Kynar, and Sartomer. The company serves the automotive, agriculture, chemicals, consumer goods, construction, electrical, oil, health, and packaging industries. It has operations across APAC, Europe, Africa and the Middle East, and the Americas. The company is headquartered in Colombes, France.