Adsorption Equipment Market Worth $478 Million by 2023 - Exclusive Report by MarketsandMarkets™
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  • Adsorption Equipment Market Worth $478 Million by 2023 - Exclusive Report by MarketsandMarkets™

     



    (Transportation-News.com, April 03, 2019 ) According to the new market research report "Adsorption Equipment Market by Capacity (Less than 10,000 CFM, 10,000-50,000 CFM, and More than 50,000 CFM), End-use Industry (Automotive Paints, Chemical, Semiconductor, and Printing), and Region-Global Forecast to 2023", published by MarketsandMarkets™, the global Adsorption Equipment Market is estimated to be USD 370 million in 2018 and is projected to reach USD 478 million by 2023, at a CAGR of 5.3% during the same period. This growth is mainly attributed to the stringent regulations to control VOC emissions.

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    In terms of value, the >50,000 CFM capacity segment is projected to account for the larger share during the forecast period.

    In terms of value, the >50,000 CFM capacity segment is projected to account for the larger share during the forecast period. The growth of this segment is mainly attributed to high VOC destruction capacities, high concentration ratio, and automated operations of equipment with >50,000 CFM.

    In terms of value, the automotive paints end-use industry segment is projected to account for the highest share during the forecast period.

    Stringent regulations regarding the emission of VOC generated through automotive paint finishing systems and growing automotive industry globally are majorly driving the market in the automotive paints end-use industry.

    Don't miss out on business opportunities in Adsorption Equipment Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=165279502

    Browse in-depth TOC on "Adsorption Equipment Market"
    82 – Tables
    39 – Figures
    126 – Pages

    APAC Adsorption Equipment Market is projected to register the highest CAGR, in terms of value, during the forecast period.

    The Adsorption Equipment Market has been studied for APAC, North America, Europe, South America, and the Middle East & Africa. The APAC Adsorption Equipment Market is projected to register the highest CAGR, in terms of value, during the forecast period. This growth is mainly driven by emerging countries such as China, India, Thailand, and Indonesia. The growth of the automotive, chemical, and semiconductor industries in these countries is expected to drive the demand for adsorption equipment in APAC.

    Durr Aktiengesellschaft (Germany), CECO Environmental (US), Evoqua Water Technologies LLC (US), TIGG LLC (US), Chemisch Thermische Prozesstechnik (CTP) GmbH (Austria), TAIKISHA LIMITED (Japan), Environmental C & C Inc. (US), Gulf Coast Environmental Systems (US), and Monroe Environmental Corp (US)are the key players operating in the Adsorption Equipment Market.

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    About MarketsandMarkets™

    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

    Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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