Product ID: UCMIG20L2009
Adsorption Equipment Market Size, Share, Growth Analysis, By Product(Fixed bed, Disposable/rechargeable canisters), By End-use(Vapor phase, Water & wastewater treatment), By End-use(Water & wastewater treatment, Furniture manufacturing), By Region(North America, Europe) - Industry Forecast 2024-2031
Report ID:
UCMIG20L2009 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Adsorption Equipment Market Insights
Market Overview:
The Adsorption Equipment Market had a value of over USD 280 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% between 2019 and 2025. The increasing concerns regarding health issues caused by the rise in volatile organic compound (VOC) emissions have led several developed countries' governments to introduce strict regulations to limit them. This is expected to drive the demand for adsorption equipment, which uses a non-destructive control technology to remove contaminants from liquid and gas streams with low to medium concentrations. The market's growth is also attributed to the growing demand for adsorption equipment from the automotive industry, particularly for paint applications that control hazardous pollutant emissions.
Adsorption Equipment Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Environmental & Facilities Services by segment aggregation, the contribution of the Environmental & Facilities Services in Commercial & Professional Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Adsorption Equipment Market Report Snapshots
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