Burlingame, May 22, 2023 (GLOBE NEWSWIRE) -- Global mercury removal adsorbents market is estimated to be valued at US$ 1,464.3 Million in 2022 and expected to exhibit a CAGR of 4.36% during the forecast period (2023-2030).
Key Trends and Analysis of the Global Mercury Removal Adsorbents:
Growing consumer awareness about the pollution caused by mercury
Mercury is entered into the air during the formation of volcanoes and by the weathering of rocks, soils, and forest fires. In addition, there is emission of mercury during the combustion of fossil fuels and medical waste. Moreover, it is introduced into the environment during the evaporation process of ocean water. Mercury does not degrade from the environment as it is buried under sediments and soils for a long duration. Owing to mercury’s highly toxic nature, it causes air, soil, and water pollution. Thus, there is growing demand for mercury removal adsorbents during the forecast period.
Request Sample copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/5543
Soaring demand for mercury removal adsorbents in wastewater treatment
There is increasing demand for mercury removal adsorbents in wastewater treatment owing to rapid industrialization across the globe. Activated carbon is used to remove mercury from contaminated water bodies including lakes, oceans, ponds, and other resources. In addition, zeolites have a high surface area and porous structure thus effectively used for the mercury adsorption process. Moreover, zeolites are also used to remove mercury from mine, industrial, and nuclear wastes.
Mercury Removal Adsorbents Market Report Coverage
| Report Coverage | Details | |||
| Base Year: | 2022 | Market Size in 2022: | US$ 1,464.3 Mn | |
| Historical Data for: | 2017 to 2021 | Forecast Period: | 2023 to 2030 | |
| Forecast Period 2023 to 2030 CAGR: | 4.36% | 2030 Value Projection: | US$ 2,060.0 Mn | |
| Geographies covered: |
| |||
| Segments covered: |
| |||
| Companies covered: | Pall Corporation, Johnson Matthey, Axens, Honeywell UOP, BASF SE, NUCON International Inc., UNICAT Catalyst Technologies, LLC., Calgon Carbon Corporation, Cabot Corporation, SLB. | |||
| Growth Drivers: |
| |||
| Restraints & Challenges: |
| |||
Key Market Takeaways:
Global mercury removal adsorbents is expected to exhibit a CAGR of 4.36% over the forecast period (2023-2030) throughout the globe
Product launches, acquisitions, collaborations, and research & development (R&D) activities to develop products are key strategies adopted by players in the global mercury removal adsorbents.
For instance, in July 2020, Petronas Cargali Sdn. Bhd selected Honeywell UOP’s Separex and MemGuard which are technologies and adsorbents used in the removal of contaminants including hydrogen sulphide, mercury, and hydrogen sulfide from natural gas. These systems are ideal for offshore and remote locations which further enhanced efficiency in the removal of contaminants in large amounts with cost-effectiveness. In addition, PETRONAS Carigali Sdn. Bhd is a subsidiary of PETRONAS which is oil and gas company owned by the government of Malaysia. On the other hand, Honeywell UOP is one of the leading multinational companies delivering and developing technology for gas processing, petrochemical production, and petroleum refining. In addition, Honeywell UOP is formerly recognized as Universal Oil Products or UOP LLC.
Competitive Landscape:
Major players operating in the global mercury removal adsorbents include Pall Corporation, Johnson Matthey, Axens, Honeywell UOP, BASF SE, NUCON International Inc., UNICAT Catalyst Technologies, LLC., Calgon Carbon Corporation, Cabot Corporation, and SLB.
Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/5543
Market Segmentation:
- Global Mercury Removal Adsorbents Market, By Type:
- Activated Carbon
- Loaded Metal Adsorbent
- Zeolites
- Activated Alumina
- Others
- Global Mercury Removal Adsorbents Market, By Application:
- Oil and Gas
- Water Treatment
- Others
- Global Mercury Removal Adsorbents Market, By Region:
- North America
- By Country:
- U.S.
- Canada
- By Country:
- Latin America
- By Country:
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- By Country:
- Europe
- By Country:
- U.K.
- Italy
- France
- Germany
- Spain
- Russia
- Rest of Europe
- By Country:
- Asia Pacific
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- Rest of Asia Pacific
- By Country:
- Middle East & Africa
- By Sub-region:
- Middle East
- Africa
- By Sub-region:
- North America
Related Market Intelligence Reports:
Metalworking Fluids Market, by Application (Removal Fluids, Forming Fluids, Protecting Fluids, and Treating Fluids), and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030
Synthetic Zeolite Market, By Application (Detergents, Adsorbents, Catalysts, Food & Beverage, Cosmetics, Agrochemicals, Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
