Asia-Pacific Drinking Water Adsorbents Market is expected to reach US$ 163.72 million by 2027

Zeolite Segment is Expected to be Fastest Growing for APAC Region During the Forecast Period

According to The Insight Partners market research study on “APAC Drinking Water Adsorbents Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Product” is expected to reach US$ 163.72 million by 2027 from US$ 111.55 million in 2019. The market is estimated to grow at a CAGR of 5.0% from 2020 to 2027. The report provides trends prevailing in the APAC drinking water adsorbents market along with the drivers and restraints pertaining to the market growth. Adsorbents derived from rice husk for purifying water is the major factor driving the growth of the APAC drinking water adsorbents market. However, issues associated with various substitute products available hinders the growth of APAC drinking water adsorbents market.     

 Based on product, the APAC drinking water adsorbents market is categorized into zeolite, clay, activated alumina, activated carbon, manganese oxide, cellulose, and others. In 2019, the activated carbon segment dominated the market by accounting for highest market share.

The ongoing COVID-19 pandemic is having a negative impact over APAC region. The India and China are the two most populated countries as well as manufacturing hubs in the APAC region. The strict lockdown and social isolation in China have negatively impacted the manufacturing as well as production of numerous equipment and machinery for several weeks, resulting in shrinking its country economy. Moreover, the country also isolated its import as well as export of critical raw materials and industrial equipment for numerous industry vertical impacting the supply chain of various end-user industries. Similarly, India also imposed a nationwide lockdown to mitigate the increasing number of COVID-19 cases across the country. Additionally, the closure of several retailers, distributors, and other important distribution channels also has reduced the availability of drinking water adsorbents or its related component from other region-based market players. The governments of various countries in APAC are taking possible steps to reduce the COVID-19 effects, which in turn will negatively impact the revenue generated by the drinking water adsorbents market.  

BASF SE, Dupont, Evoqua Water Technologies LLC, Geh Wasserchemie, KURARAY CO. LTD, and Purolite among the leading companies in the APAC drinking water adsorbents market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.     

The report segments the APAC Drinking Water Adsorbents Market follows:

APAC Drinking Water Adsorbents Market – By Product

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

APAC Drinking Water Adsorbents Market – By Country

• Australia
• China
• Japan
• India
• South Korea
• Rest of APAC