China Absorbents Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024-2030

The China Adsorbents Market size is forecast to reach US$1.6 billion by 2030 after growing at a CAGR of 6.6% during 2024-2030. Adsorption is the accumulation of atoms or molecules on the surface of a material. This process creates a film of the adsorbate on the adsorbent's surface. Adsorbents are used to remove pollutants from oil and gas streams in the oil and gas sector and are also increasingly being used in the gas drying process. The escalating demand for adsorbents stems from their efficacy in ensuring clean air and water. Absorbents are materials capable of retaining a liquid within its molecular fabric or boundaries and are used to reduce the amount of moisture on or around a corrosion-prone surface. Such materials consist of chemical compounds like carbon fibres, zeolites or lithium zirconate. In major economy like China, absorbents form high applicability in sectors like oil & gas sector, automotive, food, textile and wood sector. Factors like an increase in automotive production, growing production of meat and poultry items and growing exports of clothing & apparels items are driving the growth of China absorbent market. However, the environmental regulation of China regarding to specialty chemicals can limit productivity of chemical sector of the country, which in return can limit the usage of absorbents in chemical sector of China. This can hamper the growth of China Absorbents industry.

The report: “China Adsorbents Market – Forecast (2024 - 2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the global adsorbents industry.

 

                                           

By Type: Activated Alumina, Activated Charcoal, Activated Clay, Silica Gel, Metal Oxides, Polymer Adsorbents, Zeolites (Molecular Sieves) (Type 3A, Others), and Others

By Form: Powder, Flakes, and Others

By End-Use Application: Oil and Gas Industry (Natural Gas Purification, Gasoline, Diesel and Jet Fuel Production, Others), Petrochemical Industry (Ethylene Production, Propylene Production, Xylene Separation, Others), Chemical Industry (Industrial Gases, CASE (Coatings, Sealants, Adhesives, and Elastomers), Others), Automotive and Transportation, Pharmaceutical and Food, Water Treatment, Nuclear Waste Remediation, Refrigerant (Commercial, Industrial), Building & Construction, Personal Care and Cosmetic, and Others

• China is the largest producer of automotive and the rapid increase in the production capacity of its automotive sector will create a greater usage of absorbents in the sector where they are used to check oil leakage.

• China being the major furniture producer in the world, has high absorbents usage in the wood sector where they are used to maintain moisture level in wood products like furniture so as to maintain their quality.

• The growing of meat and poultry items in China will provide growth opportunity to China Absorbents industry, as absorbents are used in food items like meat and poultry where they maintain the original appearance and flavor of the product.

The zeolites segment held the largest share in the China Adsorbents Market in 2023. The universal absorbents are multipurpose that include handling of solvents, water, oil and other liquids. Hence, they are used in various sectors like textile and automotive as pads, rolls and mats. Growing demand for textile items and an increase in passenger vehicles production has positively impacted usage of absorbents in China. For instance, according to International Organization of Motor Vehicle Manufacturer, in 2023, passenger vehicles production in China was 30.1 million units compared to 21.8 million units made in 2021, showing 37.6% increase. Increase in production of passenger vehicles and textiles on account of high consumption will create more usage of absorbent consisting of carbon fibres or zeolites. This will have positive impact on the growth of China absorbents industry.

The petrochemical industry held the largest share in the market in 2023 and is expected to grow at a CAGR of 7.8% during 2024-2030. Absorbent products containing active carbon fibres and lithium zirconate, are used in the absorbing of accidentally spilled chemicals or during their transportation and also, they are used to remove excess moisture from raw chemicals like sand, salt, and alumina used in various manufacturing processes. China is considered as world’s largest chemical market and the continuous increase in its chemical output will positively impact the demand of absorbents in it. The rising investments in the petrochemical industry of various countries will further drive the growth of the China Adsorbents Market over the forecast period. 

China Adsorbents Market Driver

Absorbents are used to preserve food ingredients like meat from drying out during storage or transportation while keeping the original flavor and appearance of the product. China is the largest producer of certain meat items like poultry meat, bovine meat and ovine meat and major production of such meat items is used for domestic purposes. The rapid increase in China’s population has increased the demand and consumption of meat items. According to report by Food and Agriculture Organization, in 2023, China’s poultry meat production increased by 5.8%, bovine meat by 2.5% and ovine meat by 3.3% in comparison to 2023. Such an increase in meat production of China will increase the usage of absorbents containing carbon fibres and zeolites for preserving the taste and flavor of meat during storage and transportation. This will boost the growth of China absorbents industry.

In textile sector, absorbents are used during the manufacturing process textile products for absorbing excess moisture from fibres, so as to prolong the quality and durability of the products. China is considered as the largest textile producer and with growing demand of Chinese textile products in oversea market, the exports of the Chinese textile products have also increased. Growing exports of Chinese textiles will increase the production level of textile sector of China, resulting in more usage of absorbents containing zeolites and lithium zirconate for excessive moisture absorption from textile fibres. This will provide a major boost to the growth of the China absorbents industry.

The chemical sector in China has undergone a massive expansion over the past couple of years, on account of the growing usage of specialty chemicals in China. However, considering the drastic impact that chemical production has on the environment, certain laws and regulations have been passed by the Chinese government in order to protect the environment from ill effects. For instance, the Yangtze River Protection Law which went into effect in March 2021 aims to clean up chemical factories within 1 km from the river, thereby offering important new protections to the largest river basin in China. Such law will impact the production level of chemical sector as it aims to shutdown factories with repeated safety and environmental violations and prohibiting the construction of new factories. This decrease in production level of chemical sector on account of such laws will reduce the usage of absorbents in the chemical sector, which will negatively impact the growth of China absorbents industry. 

                                   

Top 10 companies in the China Adsorbents Market include:

1. Xinghua Yongxin Absorbent Cotton Co. Ltd

2. Deyuan Marine Co. Ltd.

3. Suzhou Hopetopway New Material Co. Ltd

4. Qingdao SOCO New Material Co., Ltd.

5. Pingxiang Global New Materials Technology Co. Ltd

6. Chinafloc

7. Shandong Welldone Environmental New Materials Co. Ltd

8. Demi Chemical Co Ltd

9. Chemole Aquasorbent technology Co. Ltd

10. Shanghai Deborn Co. Ltd