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Activated Carbon Market Features, Production Development, Raw Materials and Growth Forecast to 2023
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The water treatment application segment is the fastest growing segment in the global activated carbon market. The major factors behind the fastest growth of the water treatment application segment are increasing concern and awareness regarding the purity of water, and strict government norms for the treatment of industrial effluent.
Moreover, the increasing demand for activated carbon in metal finishing industry for electroplating solutions, and significant growth of pharmaceutical and food and beverage industries in the emerging economies, such as China, India, and Brazil are creating ample opportunities for the growth of the global activated carbon market, during the forecast period.
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Geographically, Asia-Pacific dominates the global activated carbon market, owing to high consumption of activated carbon for water and gas purification in the region, and high growth of food and beverage industries.
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The key players operating in the global activated carbon market are Carbon Resources LLC, Advanced Emissions Solutions Inc., Kureha Corporation, Donau Chemie AG, Clarimex, Haycarb PLC, CarboTech AC GmbH, Arkema Group, Kuraray Chemical Co. Ltd., WestRock Company, Siemens AG, Osaka Gas Chemicals Group, Cabot Corporation, and Veolia.
Global Activated Carbon Market Segmentation
Breakdown by Type
Powdered Activated Carbon
Granular Activated Carbon
Others
Breakdown by Application
Water Treatment
Pharmaceuticals
Air Purification
Pharmaceuticals
Food and Beverage Processing
Others
Breakdown by Geography
North America
Europe
Asia-Pacific
Latin America
Rest of the World
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