Pune, India., July 21, 2021 (GLOBE NEWSWIRE) – Drinking Water Adsorbents Market: Key Insights
According to our new research study on “Drinking Water Adsorbents Market to 2027 – Global Analysis and Forecast – by Product and Geography,” the Drinking Water Adsorbents Market Size is expected to reach US $ 698.17 million by 2027 compared to US $ 529.21 million in 2020; it is expected to grow at a CAGR of 4.0% during 2020-2027. Adsorbents are widely used to remove impurities from drinking water, thereby improving the overall water quality. Strict water quality regulations, supported by various government initiatives to encourage investment in water treatment industries, are triggering the demand for adsorbents for drinking water.
Drinking Water Adsorbents Market: Competitive Landscape and Key Developments
BASF SE; CYCLOPURE INC .; DuPont de Nemours, Inc .; Geh Wasserchemie; Kuraray Co. Ltd; Evoqua Water Technologies LLC; KMI ZEOLITE; LENNTECH BV; PUROLITE; and TIGG LLC are among the key companies operating in the drinking water adsorbents market. The major players are striving to expand their presence globally to achieve a better market position.
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In 2019, North America held the largest share of the global drinking water adsorbents market. The growth of the market in the region is attributed to strict government regulations on water quality, focus on and better living standards, in addition to rapid urbanization. In addition, significant investments in research and development activities with increasing emphasis on organic adsorbents or bio-adsorbents and low cost adsorbents further promote the growth of the drinking water adsorbents market. in North America.
Factors such as human activity, unplanned urbanization, rapid industrialization and unskilled use of natural water resources have led to the deterioration of water quality over time. The implementation of strict environmental policies has led to the advent of robust, economically viable and environmentally friendly processes or materials, including bio-based or organic adsorbents such as coconut shells, charcoal and carbon. wood, from water. Bio-based adsorbents (also called biosorbents) can be produced from low-cost feedstocks such as agricultural biomass wastes or by-products, which have adsorption capacities comparable to other chemical adsorbents, and these materials can be disposed of safely.
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Drinking Water Adsorbents Market: Segment Overview
Based on the product, the drinking water adsorbents market is segmented into zeolite, clay, activated alumina, activated carbon, manganese oxide, cellulose, and others. In 2019, the activated carbon segment dominated the market accounting for 52.8% of the total market. Activated carbon filtration consists of adsorbing pollutants on the surface of a filter. This method is effective in removing organic matter (such as unwanted tastes and odors, micropollutants), chlorine, fluorine or radon from drinking water or wastewater. Due to the inclusion of carbon and hydrogen in their composition, activated carbon is the most effective product for the removal of organic pollutants.
Impact of the COVID-19 pandemic on the Drinking Water Adsorbents market:
In May 2021, the United States, India, Brazil, Russia, United Kingdom, France, Spain, Italy, Turkey, Germany, Colombia and Argentina were among the most affected countries in terms of COVID-19 cases and deaths. Chemicals and materials is one of the major industries suffering from severe disruption such as supply chain disruptions, cancellations of tech events and office closures as a result of this outbreak. Various companies have already announced possible delays in product deliveries and a decline in future sales of their products. In addition, global travel bans imposed by countries in Europe, Asia and North America affect opportunities for business collaboration and partnership. All these factors are restraining the growth of various markets related to chemicals and materials industry such as Drinking Water Adsorbents Market.
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