Mineral Adsorbent Market: Inhibition of Mycotoxins
·
Mineral adsorbents have applications in the inhibition of
mycotoxins in animal feeds. Mycotoxins are poisonous metabolites produced by
numerous fungi species. In recent times, mineral adsorbents based on natural
zeolite and bentonite are used in animal diets to prevent poisoning caused by
mycotoxins, especially in the poultry industry.
·
The bentonite mineral adsorbent materials have more capability
to reduce micronutrient availability than zeolite mineral adsorbent materials
Key
Drivers of Global Mineral Adsorbent Market
·
The mineral
adsorbent market growth is fueled by high potential from molecular sieves and
activated carbon; increase in global demand for petroleum refining and
chemicals/petrochemicals; and growth in gas refining industry
·
Mineral adsorbents have applications in purification of streams
of hydrocarbons in the chemical industry, purification of industrial gases, and
other purification processes. These applications of mineral adsorbents are
important in chemical processing, gas processing, petrochemical applications,
dimerization, and refining.
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Molecular
Sieves Segment to Dominate Global Market
·
Molecular sieves are largely used in mineral adsorbent. These
are used in petrochemicals for separation of air and drying gas streams’, and
animal feed. Mineral adsorbents are widely used in the petrochemicals industry
to remove trace contaminants such as water and sulfur in the feed,
intermediate, and product streams.
·
Molecular sieves are used in non-cryogenic oxygen production
plants, to adsorb nitrogen from air, producing high purity oxygen. These
molecular sieves have the properties of desiccant as well. This is one of the
factors responsible for the growth of the molecular sieves segment.
·
Petroleum refining industry is a major consumer of mineral
adsorbents worldwide. Petroleum refining adsorbents are widely used in
dehydration of alkylation feed and purification of feedstock to protect
isomerization catalysts in refining.
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Disadvantages
of Application of Mineral Adsorbent in Animal Feed to Hamper Market
·
Some undesirable effects were observed with regard to
application of mineral adsorbents in animal feed. For instance, vitamin B6, an
essential ingredient of animal & poultry feed, was tightly bound to the
bentonite-based mineral adsorbent during the removal of toxins in the animal
feed by adsorption. This is likely to force end-users to seek alternatives to
eliminate the undesired effects of mineral adsorbent applications, because
micronutrients in animal feed are very important to maintain the product
quality. Such disadvantages of applications of mineral adsorbents are expected
to hamper the global mineral adsorbent market in the next few years.
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North
America Expected to Hold Significant Share of Global Mineral Adsorbent Market
·
In terms of region, the global mineral adsorbent market can be
divided into: North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa
·
North America was the leading market for mineral adsorbent, in
terms of both value and volume, in 2018. The region is estimated to continue
its dominance during the forecast period. The countries in this region such as
the U.S. and Canada are witnessing a significant increase in the use of mineral
adsorbent in air separation & drying, animal feed, and water treatment
applications. The industrial development in North America is driving the demand
of mineral adsorbent used in this region.
·
Asia Pacific holds a considerable share of the global mineral
adsorbent market. The market in Latin America and Middle East & Africa is
anticipated to expand at a considerable pace during the forecast period. The
two regions are likely to create lucrative opportunities for the mineral
adsorbent market from 2019 to 2027.
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Key
Players Operating in Market
The global mineral adsorbent market is a fragmented market with
presence of several international and domestic manufacturers. Presence of a
large number of small- and medium-sized players makes the market highly
competitive. High growth potential of the market is attracting new local as
well as international players toward the market. Key players operating in the
global mineral adsorbent market include:
·
Axens S.A.
·
BASF SE
·
Cabot Corporation
·
Arkema S.A.
·
Calgon Carbon Corporation
·
Clariant AG
·
W.R.Grace
·
Graver Technologies
·
Westrock
·
Sorbead
·
UOP LLC
·
Zeochem
·
Zeolyst International
In coming
years, as the debate on the potential impact of the chemical manufacturing
across industries on the ecology gets fiercer, new monitoring technologies will
emerge. Latest compliance regulations will expand the scope of green
chemistries for businesses in the downstream value chain. Further,
manufacturers in the market will increasingly leverage digital channels to
reach high-value customers. Many will use them to avoid disruption such as by
pandemics.
An assortment
of analytics technologies will help in augmenting the commercial productivity.
However, until now, the pace of adoption of digital technologies in the overall
chemicals industry has been relatively slow. It thus remains to be seen how far
the players in the market will be able to unlock long-term productivity
benefits of AI-driven management of various business functions, particularly
research and development and production.
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