Rising demand for various applications is expected to drive Saudi Arabia Adsorbents Market in the forecast period, 2024-2028. According to TechSci Research report, “Saudi Arabia Adsorbents Market – By Region, Forecast, and Opportunities, 2018-2028”, Saudi Arabia Adsorbents Market is anticipated to value at USD 138.08 million at a growth rate of 3.67% in the forecast period.
The Important Elements of the Saudi Arabia Adsorbents Market
The rising demand for adsorbents in various applications such as gas refining, petroleum refining, water treatment, and others is driving Saudi Arabia’s Adsorbents market. Multiple advancements and studies align towards the sustainable use of agro waste as the adsorbent in wastewater treatments and other adsorbent uses. In general, choosing the right adsorbent types to remove pollutants from an aqueous medium is a crucial task. There are numerous adsorbents available with a range of chemical and physical characteristics.
Adsorbents can be divided into two categories: conventional and non-conventional. Additionally, natural adsorbents and bio-sorbents are non-conventional adsorbents. Conventional adsorbents include activated carbon and silica gel. Natural materials are widely available, inexpensive, and have a great deal of potential for application as adsorbents in a variety of compounds. Activated carbon is one of the most significant adsorbents for removing various salts from ground and surface water. Natural zeolite is used as a low-cost adsorbent for dye and heavy metal removal from water and wastewater.
However, the scarcity of raw materials like coal, silicate, bauxite, zeolite, and clay and their limited coverage may hamper the growth of the market in the forecast period.
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Saudi Arabia’s Adsorbents Market is segmented into type, application, region, and company.
Based on type, the market is divided into activated carbon, molecular sieves, silica gel, and others. The segment activated carbon is expected to witness a rise over the forecast period. This is attributed to the rising demand for activated carbon in waste segregation, water treatment, and gas refining industry for various uses.
Based on application, the market is segmented into petroleum refining, gas refining, water treatment, and others. Petroleum refining is anticipated to grow at a faster rate during the forecast period. Saudi Arabia is one of the largest producers of oil and the largest export of fossils across the globe, hence demand for adsorbents from petroleum refining is boosting the demand for adsorbents in Saudi Arabia’s Adsorbents Market.
Major companies operating in Saudi Arabia Adsorbents Market are:
- BASF Saudi Arabia Co. Ltd.
- Honeywell UOP
- Arkema
- Cabot Corporation
- Axens Catalyst Arabia Ltd (ACAL)
- Sinopec Catalyst Co. Ltd.
- Shell plc (Shell Catalysts & Technologies)
- SABIC Industrial Catalyst Company
- Clariant Speciality Solutions
- AFI Group
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“Eastern region is expected to witness significant growth in the upcoming years, due to the presence of most of the oil field and hydrocarbon production plants in the region accounting for their application in the petroleum industry. However, New technological advancement for sustainable development of adsorbent via agro waste is driving the market. Over 72 million tonnes of agro-industrial waste are produced annually, with palm oil residues continuing to dominate. In the palm business, 17% of the weight of a bunch of fresh fruit is equivalent to fiber residues (around 500 t/year) that are not used. Making adsorbent materials is one common application for fiber to flourish the market in the forecasted period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
Saudi Arabia Adsorbents Market, By Type (Activated Carbon, Silica Gel, Molecular Sieves, Others), By Application (Gas Refining, Petroleum Refining, Water Treatment, Others), By Region, Competition Forecast and Opportunities, 2028 has evaluated the future growth potential of Saudi Arabia’s Adsorbents Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia’s Adsorbents Market.
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