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Jan. 17, 2021, 12:06 a.m. EST

Adsorbents Market | Segment Leading & Anticipated to Dominance Over 2018 to 2023

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Jan 17, 2021 (Heraldkeepers) -- Market Overview:

Adsorbents Market has been driven by the range of its application in various uses such as petroleum refinery, chemical synthesis, petrochemicals, and others. Adsorbents are used in various processes such as drying of natural gas, crude oil, air separation, and water treatment among others.

Market Overview and Growth Factors:

Among the various product segments in Adsorbent Market , the molecular sieves segment is the leading segment of the market and is anticipated to continue its dominance over the forecast period. The molecular sieves adsorbents have pores of precise sizes that can block molecules which makes them ideal for use in the petrochemical, drying and air separation applications.

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Adsorbents Market– Top Global key Players & Their Strategy

Some of the prominent players operating in the Global adsorbents market are

  • Arkema S.A (France),

  • BASF SE (Germany),

  • R Grace and Company (U.S),

  • Calgon Carbon Corporation (U.S),

  • Axens S.A (France),

  • The Dow Chemical Company (U.S),

  • Mitsubishi Chemical Corporation (Japan)

  • Cabot Corporation (U.S.),

  • Clariant (Switzerland),

  • R. Grace & Company (U.S.), among others.

They are extensively used in the petrochemical industry for the removal of sulfur and water from the product streams. Moreover, this growth is also accounted for its application in adsorbing nitrogen from air in the non-cryogenic oxygen production plants. On the basis of the application segment, petroleum refining registers the highest growth and is expected to dominate the segment. Adsorbents are used in the removal of contaminants owing to its effectiveness and low cost.

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