Activated Carbon Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2016 To 2021) and Forecast (2022 ‚To 2028)

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Activated Carbon Market: By Product Type (Extruded or Pelletized Activated Carbon, Granular Activated Carbons (GAC) and Powdered Activated Carbons (PAC)), By Application (Gas Purification, Medicine, Metal Extraction, Water Purification and Other Applications), By End User (Automotive, Food and Beverage, Healthcare, Industrial, Water Treatment and Other End-user Industries)  and Geography

 

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Report

Description

Activated Carbon Market size was valued at USD 5.1 billion in 2021 and is expected to reach USD 13.1 billion by 2028, at a CAGR of 16.20% during the forecast period 2022-2028. Some of the key factors fostering the market growth include increasing demand in water treatment, conformance to stringent environmental regulations in water treatment applications, research, and new product development, pollution control activities leading the demand for activated carbon, and technological advancements in manufacturing of activated carbon. However, lack of raw materials supply, presence of substitutes, and weak economic conditions are hampering the market growth. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, This report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

Activated Carbon Market

MARKET SUMMARY
-
16.20%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 16.20%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

Activated Carbon Market

  • This report gives a comprehensive outlook on activated carbon across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa.
  • The report gives historical, current, and future market sizes (US$ Bn) on the basis of product type, application, end-user, and region.
  • Key stakeholders of the global market report include suppliers, manufacturers, marketers, policymakers, and healthcare service providers engaged in global activated carbon products.
Key Players
  • The Calgon Carbon Corporation
  • Cabot Corporation
  • DESOTEC Activated Carbon
  • Donau Carbon GmbH
  • Haycarb Plc.
Activated Carbon Market

Drivers And Restraints

Activated carbon is a prevailing adsorbent used frequently throughout water purification efforts to remove contaminants and unwanted components. Activated carbon can be used in an extensive range of water treatment applications, it is an acute tool used through municipal and industrial water treatment facilities to treat drinking water, wastewater, and municipal water for process use. Activated carbon endures remaining one of the most preferred water treatment techniques because of its extraordinary array of applications and functions. It offer one of the most effective means of removing key contaminants such as THM and DBP as well as removing organic constituents and residual disinfectants in water supplies. This not only increases taste and minimizes health hazards but protects other water treatment units such as reverse osmosis membranes and ion exchange resins from possible damage due to oxidation or organic fouling.


Asia-Pacific got significant share

Activated Carbon Market

Asia Pacific accounted for larger revenue share in global activated carbon market with considerable CAGR. The growth in this region is due to increasing development strategies to meet the demand for activated carbon and ease of availability of raw materials. China and India are the major contributors for the growth of the market in the region as China’s food and beverage industry is enormous and plays an important role in the country’s economy and therefore there is an increase in use of activated carbon in the industry. North America held substantial market share during estimated period owing to stringent regulations and standards as well as government initiatives to safeguard the environment and growing environmental concerns.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global activated carbon market expanding at significant CAGR over 2022 to 2028 due to increasing demand in water treatment
  • Based on product type, extruded or pelletized activated carbon segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Activated Carbon market

Key

Features of the Report

Activated Carbon Market Segmentation


Location

GEOGRAPHY


Report

Company Profile

  • The Calgon Carbon Corporation (U.S)
  • Cabot Corporation (U.S)
  • DESOTEC Activated Carbon (Belgium)
  • Donau Carbon GmbH (Germany)
  • Haycarb Plc. (Sri Lanka)
  • Kuraray Chemical Co. Ltd ( Japan)
  • KUREHA CORPORATION (Japan)
  • Lenntech BV (the Netherlands)
  • Osaka Gas Co. Ltd (Japan)
  • Oxbow Activated Carbon LLC (U.S)
  • Prominent Systems, Inc. (US)
  • Silcarbon Akilotonivkohle GmbH (Germany)
  • Jacobi (Sweden)

Description

Activated Carbon Market size was valued at USD 5.1 billion in 2021 and is expected to reach USD 13.1 billion by 2028, at a CAGR of 16.20% during the forecast period 2022-2028. Some of the key factors fostering the market growth include increasing demand in water treatment, conformance to stringent environmental regulations in water treatment applications, research, and new product development, pollution control activities leading the demand for activated carbon, and technological advancements in manufacturing of activated carbon. However, lack of raw materials supply, presence of substitutes, and weak economic conditions are hampering the market growth. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, This report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

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