North America Drinking Water Adsorbents Market to Grow at a CAGR of 4.1% to reach US$ 215.39 million from 2020 to 2027

North America Drinking Water Adsorbents Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Zeolite, Clay, Activated Alumina, Activated Carbon, Manganese Oxide, Cellulose, Others)

Publication Month : May 2021

  • Report Code : TIPRE00022113
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 92
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The drinking water adsorbents market in North America is expected to grow from US$ 156.63 million in 2019 to US$ 215.39 million by 2027; it is estimated to grow at a CAGR of 4.1% from 2020 to 2027.



The US, Canada, and Mexico are major economies in North America. Rising demand for activated carbon is the major factor driving the North America drinking water adsorbents market. Activated carbon can remove natural organic matter (NOM) from drinking water and can be used as an integral component for water filtration systems. Activated carbon has swept across the industrial world and has become an essential component to purify water. Activated carbon is used by both large- and small-scale good.  Activated carbon helps in eliminating impurities from large-scale, community-wide water supplies as well as residential applications on a smaller scale. Moreover, due to its exceptionally rare physical properties such as excellent pore properties including high surface area and wide pore size distribution. Activated carbon is mostly used as drinking water adsorbents. Further, it can eliminate dissolved pollutants such as flavor, odor, color, and harmful organisms. In addition, with the inclusion of carbon and hydrogen in their composition, activated carbon acts as an effective product for removing organic pollutants. Also, an increase in demand for activated carbon for the removal of turbidity and naturally occurring organic matter is expected to benefit the market growth.

The ongoing COVID-19 pandemic has been devastating for several North American countries, especially the US. these countries have the highest acceptance and development rate of emerging technologies. Any impact on industries is, therefore, projected to have a negative influence on the region's economic development. Currently, the US is the world’s worst-affected country, which has led to sudden pause on the operation of industries in the entire region, as other North American countries are highly dependent on the industrial sector in the US. The chemical & materials industry is suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. The shutdown of various plants and factories in North America has put restrictions on the supply chain and disturbed manufacturing activities, delivery schedules, and product sales. Furthermore, various companies have already predicted possible delays in product deliveries and slump in future sales of their products. The travel bans imposed by countries in North America are hindering the business collaboration and partnership opportunities. Thus, these factors are also limiting the growth of other markets related to the North American chemical & materials industry, including the drinking water absorbents market

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America drinking water adsorbents market. The North America drinking water adsorbents market is expected to grow at a good CAGR during the forecast period.

North America Drinking Water Adsorbents Market Segmentation  


North America Drinking Water Adsorbents Market – By Product

  • Zeolite
  • Clay
  • Activated Alumina
  • Activated Carbon
  • Manganese Oxide
  • Cellulose
  • Others

North America Drinking Water Adsorbents Market, by Country

  • US
  • Canada
  • Mexico

North America Drinking Water Adsorbents Market - Companies Mentioned

  • BASF SE
  • Cyclopure Inc.
  • Dupont
  • Evoqua Water Technologies LLC
  • KMI ZEOLITE
  • KURARAY CO. LTD
  • Lenntech B.V.
  • Purolite
  • TIGG LLC
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada

  1. BASF SE
  2. Cyclopure Inc.
  3. Dupont
  4. KURARAY CO. LTD
  5. Evoqua Water Technologies LLC
  6. KMI ZEOLITE
  7. Lenntech B.V.
  8. Purolite
  9. TIGG LLC

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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