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BTX and Hydrocarbon Separating Adsorbents Market is expected to reach USD 1230.58  million by 2030

Submitted by mpradipm on Wed, 02/21/2024 - 01:23

The global BTX and Hydrocarbon Separating Adsorbents Market research report 2030, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

This BTX and Hydrocarbon Separating Adsorbents market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.

Data Bridge Market Research analyses that the BTX and hydrocarbon separating adsorbents market is expected to reach USD 1230.58 million by 2030, which is USD 1010.00 million in 2022, registering a CAGR of 2.50% during the forecast period of 2023 to 2030.

Top Companies in the Global BTX and Hydrocarbon Separating Adsorbents Market:
BASF SE (Germany), Dow (U.S.), Clariant AG (Switzerland), Dow (U.S.), Honeywell International Inc. (U.S.), Osaka Gas Co., Ltd. (Japan), Cabot Corporation (U.S.), Kuraray Co. Ltd. (Japan), W. R. Grace & Co. (U.S.), Hengye, Inc (U.S.), Axens (France), Arkema (France), Zeolyst (U.S.), Johnson Matthey (U.K.), Pall Corporation (U.S.), among others.

Market Segmentation:

Product

• Molecular Sieve

• Activated Carbon

• Silica-Gel

• Activated Alumina

• Others

End-Use Industry

• Upstream

• Midstream

• Downstream

Mode of Business

• Offline

• E-Business

Applications

• Gas Separation

• Chemical Manufacturing

• Other

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Market Dynamics:

Drivers

• Increasing demand of BTX and hydrocarbon separating adsorbents due to their unique properties

BTX and hydrocarbon separating adsorbents are preferred owing to their excellent property to operate over variable selectivity and an extensive range of conditions and their ability to reactivate and regenerate. This factor is anticipated to drive the market's growth rate during the forecast period. Solvent-based extraction has dominated this market over the last few years for petrochemical and oil and gas industries and refineries. These adsorbents have become progressively popular for these industries as the lifespan, applications and the waste reduction capabilities.

Opportunities

• Surging demand of BTX and hydrocarbon separating due to growing number of application areas

The growth in the BTX and hydrocarbon separating adsorbent market is contributed to the continuous demand for non-solvent based and effective adsorption methods. The growing number of application areas for the usage of BTX and hydrocarbon separating adsorbent products has led to the increasing demand for numerous types of adsorbent, such as midstream upstream, and downstream industries. These factors are likely to increase the demand for the BTX and hydrocarbon separating adsorbent in the market and will create lucrative and immense opportunities for the growth of the market during the forecast period.

Browse The Report Description:

https://www.databridgemarketresearch.com/reports/global-btx-and-hydrocar...

Strategic Points from Table of Content:

– Market Summary

– Economic Impact Competition Analysis by Players

– Production, Revenue (Value) by geographical segmentation

– BTX and Hydrocarbon Separating Adsorbents Market Size by Type and Application

– Regional Market Status and Outlook

– BTX and Hydrocarbon Separating Adsorbents Market Analysis and Outlook

– BTX and Hydrocarbon Separating Adsorbents Market Forecast by Region, Type, and Application

– Cost Investigation, Market Dynamics

– Marketing Strategy comprehension, Distributors and Traders

– Market Effect Factor Analysis

– Research Finding/ Conclusion

– Appendix

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