Egypt Adsorbent Market, By Type (Activated Carbon, Silica Gel, Molecular Sieves, Activated Alumina, Clay, and Others), By Application (Chemicals/Petrochemicals, Gas Refining, Petroleum Refining, and Others), By Region, Competition, Forecast & Opportunities, 2028F
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEgypt Adsorbent Market, By Type (Activated Carbon, Silica Gel, Molecular Sieves, Activated Alumina, Clay, and Others), By Application (Chemicals/Petrochemicals, Gas Refining, Petroleum Refining, and Others), By Region, Competition, Forecast & Opportunities, 2028F
Egypt Adsorbent market is anticipated to grow at a high rate during the forecast period owing to increasing awareness about the sustainability, growing population and urbanization, and favorable government initiatives.
Egypt's adsorbent market is experiencing continuous growth, driven by a rising demand for adsorbents across various industries such as oil and gas, chemical processing, and water treatment. Adsorbents are materials that can attract and hold molecules of a particular substance, allowing them to be separated from a mixture. This process is commonly used in purification and separation applications across a wide range of industries.
Rapid Urbanization is Driving the Egypt Adsorbent Market Growth
The growing population and urbanization in Egypt are having a significant impact on the adsorbent market in the country. As the population continues to grow and urban areas expand, the demand for clean water, air, and energy is increasing. Adsorbents are materials that can attract and hold molecules of a particular substance, allowing them to be separated from a mixture. This process is commonly used in purification and separation applications across a wide range of industries, including water treatment, air purification, and energy production.
According to the United Nations, Egypt's population is projected to reach 151 million by 2050, up from 101 million in 2021.
According to the World Bank, only 60% of the population in Egypt has access to safe drinking water, and water scarcity is a significant challenge in the country.
The growing demand for energy is also driving the adsorbent market in Egypt. The country has significant reserves of natural gas, which is used to produce electricity and heat homes and businesses. Adsorbents are used in natural gas processing to remove impurities and contaminants, making it suitable for use as a fuel. As the demand for energy continues to rise in Egypt, the demand for adsorbents in natural gas processing is expected to grow as well. Therefore, the growing population and urbanization in Egypt are driving the demand for clean water, air, and energy, which in turn is driving the demand for Egypt adsorbents market.
Favorable Government Initiatives for Sustainable Development are Key Factor Driving the Market Growth
Favorable government initiatives can have a significant impact on the adsorbent market in Egypt. Government policies and programs aimed at promoting sustainable development and protecting the environment can create opportunities for the adsorbent industry to grow and expand. In this article, we will explore the impact of favorable government initiatives on the adsorbent market in Egypt, with facts and figures to support our analysis.
One of the most significant government initiatives impacting the adsorbent market in Egypt is the National Sustainable Development Strategy (NSDS) 2030. The NSDS 2030 was launched in 2016 and aims to promote sustainable development in Egypt through the adoption of sustainable policies and practices across various sectors, including energy, water, and agriculture. The NSDS 2030 includes specific targets related to the reduction of pollution and greenhouse gas emissions, which creates opportunities for the adsorbent industry to provide solutions that address these challenges.
In 2015, the government launched the Egypt Renewable Energy Program (ERE) with the aim of increasing the share of renewable energy in the country's energy mix
. In 2017, the Ministry of Water Resources and Irrigation launched the National Water Conservation Campaign, which aims to reduce water consumption in Egypt by 20% by 2030
Rising Technological Advancements are Key Reason that Responsible for Market Growth
Technological advancements have had a significant impact on the adsorbent market in Egypt. Innovations in materials science, process engineering, and data analytics have led to the development of new adsorbent materials, improved manufacturing processes, and better performance monitoring tools.
The key technological advancements impacting the adsorbent market is the development of new materials with improved adsorption properties. For example, researchers have developed adsorbent materials with high surface area, high pore volume, and tailored pore sizes to enhance their selectivity and efficiency. These advancements have led to the development of new adsorbent materials for various applications, including gas separation, water treatment, and chemical purification.
In addition, advancements in process engineering have led to the development of more efficient manufacturing processes for adsorbent materials. For example, the use of novel techniques such as spray drying, sol-gel synthesis, and electrospinning has led to the production of adsorbent materials with improved properties and lower production costs. These advancements have led to the commercialization of new adsorbent materials for various applications, including carbon capture, air purification, and water treatment.
Technological advancements have also led to the development of better performance monitoring tools for adsorbent materials. For example, researchers have developed sensors that can be used to monitor the performance of adsorbent materials in real-time. These sensors can be used to optimize the design and operation of adsorption systems and to diagnose and prevent system failures. These advancements have led to the development of more reliable and efficient adsorption systems for various applications. The Egypt Adsorbent market has witnessed significant developments in recent years. Hence, with advancements in technology, manufacturers can develop new and innovative adsorbents that are more effective and sustainable, thereby driving the demand of Egypt Adsorbent Market during the forecast period.
Recent Development
- In 2019, the Egyptian company, Carbon Holdings, signed an agreement with the Japanese company, JGC Corporation, to build a polyethylene plant in Egypt. The project involves the use of adsorbents in the manufacturing process, and the partnership is expected to boost the adsorbent industry in the country.
- In 2020, the US-based water treatment company, Evoqua Water Technologies, acquired Aquapure, an Egyptian water treatment company. The acquisition allowed Evoqua to expand its presence in the Middle East and North Africa region and gain access to Aquapure's local expertise and customer base.
Market Segmentation
Egypt Adsorbent market is segmented based on type, application, and region. Based on the type, the market is divided into activated carbon, silica gel, molecular sieves, activated alumina, clay & others. Based on the application, the market is divided into chemicals/petrochemicals, gas refining, petroleum refining, and others.
Company Profiles
Arkema S.A Middle East, BASF SE Middle East, Honeywell UOP, SABIC Industrial Catalyst Company, Clariant Speciality Solutions EGYPT, Zeolyst International, AFI Group and AquaChemie are some of the key players of Egypt adsorbent market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, volume in tons and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, volume forecasting, Company shares, competitive landscape, growth factors, and trends |
| Segments covered | Application |
| Country scope | Cairo, Alexandria, Giza, Qalyubia, Port Said, Suez, and Rest of Egypt |
| Key companies profiled | Arkema S.A Middle East, BASF SE Middle East, Honeywell UOP, SABIC Industrial Catalyst Company, Clariant Speciality Solutions EGYPT, AFI Group Zeolyst International, AquaChemie. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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