The North American market for inorganic nanoporous and microporous adsorbents reached $2.2 billion in 2011. It is expected to reach nearly $2.4 billion in 2012 and it will further grow to $2.9 billion by 2017, a compound annual growth rate (CAGR) of 4.3%.
The zeolite segment reached $1.2 billion in 2011. It is expected to reach nearly $1.3 billion in 2012 and it will further grow to $1.5 billion by 2017, a compound CAGR of 3.5%.
The granular activated carbon segment reached $494.6 million in 2011. It is expected to reach $517.5 million in 2012 and it will further grow to $642.2 million by 2017, a compound CAGR of 4.4%.
NORTH AMERICAN MARKET GROWTH OF INORGANIC NANOPOROUS AND
MICROPOROUS ADSORBENTS BY TYPE, 2011-2017
Source: BCC Research
This report is an updated edition of a BCC report published in April 2005. The goal of this study is to provide the reader with a comprehensive understanding of recent advances in microporous inorganic adsorbent materials manufacturing, their commercial applications, and worldwide markets. For the purposes of this report, these materials are defined to include granular activated carbon; the special type of molecular sieves known as zeolites, clays, activated alumina, and silica gel; and miscellaneous adsorbents such as iron oxide.
In this report, several objectives will be met. The major types of adsorbents will be described, including key physical and chemical properties, raw materials, and manufacturing processes. Commercial applications in which these adsorbents are used will be discussed. Present consumption and future demand for these materials will be evaluated for the North American and worldwide regions. Trends in technology will be analyzed and forecast. The impact of governmental regulations will be ascertained. Finally, the structural dynamics of the adsorbent industry will be outlined along with profiles of important manufacturers.
The nanoporous and microporous adsorbents industry is mature, with a wide variety of products satisfying the requirements of well-established applications. However, expanded scope and applicability of environmental regulations along with improving living standards around the world are stimulating significant increases in demand for these products. In addition to environmental applications, newly invented specialized nanoporous sorbent products are creating novel market opportunities in electronics manufacturing and biomedical industry sectors.
Corporations involved with microporous adsorbents must understand the significance of these trends to effectively manage their enterprises and resources. Stakeholders in these competitive technologies and products must understand the impact of these trends upon their operations. End users of microporous adsorbents must consider the effect of these changes to select the most cost-effective options among newly available products and technologies prior to committing significant capital resources.
This report covers the technological, economic, and environmental considerations of the inorganic microporous adsorbent industry. Although this report is primarily a study of U.S. markets, analysis and forecasts are also provided for global markets.
The North American markets are presented by adsorbent type and by commercial application with growth forecasts through 2017. The driving forces in the industry and the structure of the industry are also examined.
International aspects of the inorganic microporous adsorbent industry are discussed with respect to major geographic markets, types of adsorbents, and available manufacturing capacity. Lastly, brief profiles of the major manufactures in the North American markets are presented.
The original report on which this update is based was prepared by market research analyst Ravindra Deshpande, who has more than 12 years of research and product development experience in the manufacturing industry. Mr. Deshpande holds a Ph.D in Chemical Engineering along with an MBA. He has published several papers in peer-reviewed journals and is the lead inventor on several patents.
The analyst responsible for updating the report is Andrew McWilliams, a partner in 43rd Parallel LLC, the Boston - based international technology and marketing consulting firm.