Global Adsorption Equipment Market to Reach $530.8 Million by 2026

SAN FRANCISCO, Sept. 22, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Adsorption Equipment - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 853
Companies: 40 - Players covered include CECO Environmental ; Chemisch Thermische Prozesstechnik (CTP) GmbH ; Coastal Environmental Systems, Inc.; Durr Aktiengesellschaft; EISENMANN SE; Environmental C & C Inc.; Evoqua Water Technologies LLC ; Gulf Coast Environmental Systems; Monroe Environmental Corp.; Taikisha Engineering India Pvt. Ltd.,; TAIKISHA LIMITE; TIGG LLC (US) and Others.
Coverage: All major geographies and key segments
Segments: Capacity (Above 50,000 CFM, 10,000-50,000 CFM, Less Than 10,000 CFM); End-Use (Automotive Paints, Chemical, Semiconductor, Printing, Other End-Uses)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Adsorption Equipment Market to Reach $530.8 Million by 2026
Amid the COVID-19 crisis, the global market for Adsorption Equipment estimated at US$394.6 Million in the year 2020, is projected to reach a revised size of US$530.8 Million by 2026, growing at a CAGR of 5.1% over the analysis period. Above 50,000 CFM, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$223.5 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the 10,000-50,000 CFM segment is readjusted to a revised 5.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $110.2 Million in 2021, While China is Forecast to Reach $109.4 Million by 2026
The Adsorption Equipment market in the U.S. is estimated at US$110.2 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$109.4 Million by the year 2026 trailing a CAGR of 8.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Less Than 10,000 CFM Segment to Reach US$166.8 Million by the year 2026
In the global Less Than 10,000 CFM segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$94.6 Million in the year 2020 will reach a projected size of US$129.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.