The Global Adsorption Equipment Market report for by Type (fixed bed, disposable/rechargeable canisters, moving bed adsorbers and fluidized bed adsorbers), by capacity (Less than 10,000 CFM, 10,000-50,000 CFM and More than 50,000 CFM), by End-User (automotive paints, chemical, semiconductor and printing), by geography (North America, Europe, Asia Pacific, Middle East & Africa and South America)) is expected to reach US $ 320Mn by 2026, at a CAGR of 2.4 %.
The automotive paints segment is expected to contribute a significant share in the global adsorption equipment market.
The automotive paints segment is expected to grow at a XX % rate of CAGR during the forecast period. The growth in the market is attributed to the stringent regulations to control VOC emissions generated by automotive paint finishing systems. The rapid expansion of the automotive industry across the globe and stringent regulations concerning VOC emissions in automotive paint finishing facilities are expected to drive the growth of this segment.
The Asia Pacific region is projected to be the leading regions in the global adsorption equipment market.
Based on the region, the adsorption equipment market is segmented into APAC, North America, Europe, South America, and the Middle East & Africa. Among these, the Asia Pacific region is projected to be a leading region in the global adsorption equipment market because of the industrial growth of the region. The region is a manufacturing base for the chemical, automotive, semiconductor, food & beverage, and pharmaceutical industries. Some of the foreign investors initiated their manufacturing facilities in the region to influence low production costs, which is expected to drive the demand for adsorption equipment in the region.
Key players operating in the Global Adsorption Equipment Market includes Environmental C & C Inc., Chemisch Thermische Prozesstechnik (CTP) GmbH, TAIKISHA LIMITED, Evoqua Water Technologies LLC, Gulf Coast Environmental Systems, CECO Environmental, TIGG LLC, Durr Aktiengesellschaft and Monroe Environmental Corp.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about.The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain positioning of competitors.
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