Mercury Removal Adsorbents Market Growing at 5.4% CAGR Will Hit 1570 Million US$ in 2025
Los Angeles, CA -- (SBWire) -- 04/19/2019 --This report studies the Mercury Removal Adsorbents market, Mercury, when present in gas processing facilities, can be a primary cause of corrosion, equipment failure and downstream catalyst deactivation. Mercury adsorbent products are used for removing mercury from gas phase hydrocarbons such as natural gas.
At present, the major manufacturers of Mercury Removal Adsorbents are Calgon Carbon Corporation, UOP (Honeywell), Johnson Matthey, Cabot Corp, etc. Calgon Carbon Corporation is the world leader, holding 19.64% production market share in 2017.
In application, Mercury Removal Adsorbents downstream is wide and recently Mercury Removal Adsorbents has acquired increasing significance in various fields of Oil and Gas Fields and Flue Gas. Globally, the Mercury Removal Adsorbents market is mainly driven by growing demand for Flue Gas which accounts for nearly 71.22% of total downstream consumption of Mercury Removal Adsorbents.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Mercury Removal Adsorbents production will show a trend of steady growth. In 2024 the production value of Mercury Removal Adsorbents is estimated to be 1699 Million USD.
The global Mercury Removal Adsorbents market was 1030 million US$ in 2018 and is expected to 1570 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2019 and 2025.
This report studies the Mercury Removal Adsorbents market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Mercury Removal Adsorbents in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Calgon Carbon Corporation
UOP (Honeywell)
Johnson Matthey
Cabot Corp
Pall Corporation
Nucon
Axens
Schlumberger
Basf
Beijing Sanju
Nanjing Linda
Nanjing Zhenggao
By the product type, the market is primarily split into
Activated Carbon
Loaded Metal Adsorbent
Others
By the end users/application, this report covers the following segments
Oil and Gas Fields
Flue Gas
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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