Press release
Activated Carbon Market Size and Forecast to 2025
Verified Market Research
The Global Activated Carbon Market was valued at USD 5.41 billion in 2017 and is projected to reach USD 10.73 billion by 2025, growing at a CAGR of 9.1% from 2018 to 2025 According to Verified Market Intelligence,
Activated carbon is an organic compound which is porous in nature and has a function of adsorbing all the impurities. Activated carbon can be classified as granular activated carbon and powdered activated carbon and has its applications in various industries such as food and beverages, wastewater treatment and air purification systems. Activated carbon is a trending application designed as an eco-friendly strategy and is supported by the government regulations as well.
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Increasing need to ensure and check air and water quality along with extensive use of activated carbon in the food and beverage industry has been driving the global activated carbon market, lately. While stringent rules and regulations imposed by the government for the manufacture and usage of activated carbon act potential restraints for the overall market at a global level.
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Competitive Landscape:
The major players in the market are as follows:
• Osaka Gas Co., Ltd.
• Cabot Corporation
• Kuraray Co.
• Calgon Carbon
• Haycarb
• Kureha Corporation
• Donau Carbon GMBH
• Silcarbon Aktivkohle GMBH
• Prominent systems Inc.
• Oxbow activated carbon LLC
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