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Activated Carbon Market Size, Status, Demand and Global Outlook 2021- Calgon Carbon Corporation; Haycarb PLC; Kureha Corporation; Donau Carbon GmbH; Silcarbon Aktivkohle GmbH
Activated Carbon Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.SPECIAL OFFER (Avail an Up-to 25% discount on this report, please fill the form and mention the code: MIR30 in the comments section)
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The global activated carbon market is expected to grow from $4.47 billion in 2020 to $5.51 billion in 2021 at a compound annual growth rate (CAGR) of 23.3%.
Top leading Companies Profiled in Activated Carbon Market Report are Calgon Carbon Corporation; Haycarb PLC; Kureha Corporation; Donau Carbon GmbH; Silcarbon Aktivkohle GmbH; Puragen LLC; Universal Carbons; Adsorbent Carbons; Shinkwang Chem Ind Co Ltd; Century Chemical Works Sdn Bhd; Kalimati Carbon Pvt Ltd; Puragen LLC; Universal Carbons; Oxbow Coal SARL; Adsorbent Carbon Private Ltd; Sunny Earth Minerals LTD; Capital Carbon; EcoGreen Technological
Markets Segmentation:
1) By Type: Powdered Activated Carbon; Polymer Coated Activated Carbon; Granular Activated Carbon; Bead Activated Carbon; Extruded or Pelletized Activated Carbon; Others
2) By Application: Liquid Phase Applications; Gas Phase Applications; Metal Extraction; Medicine; Others
3) By End Use: Water Treatment; Food & Beverage Processing; Pharmaceutical & Medical; Automotive; Air Purification; Others
Regional Analysis:
Asia Pacific was the largest region in the activated carbon market in 2020. North America was the second largest market in activated carbon market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Price fluctuation in raw materials is anticipated to restrain the market for activated carbon in the forecast period. The shortage of raw materials such as coconut shell charcoal leads to an increase in raw material costs, resulting in higher manufacturing costs. The increasing costs of some grades of activated carbon would act as a restraint for the market in the forecast period.
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
Market Overview
The growth is due to increasing demand from end-user industries like water purification, sewage treatment plants and air purification owing to stringent regulations by governments across the world to curb pollution and promote sustainability. The market is expected to reach $8.49 billion in 2025 at a CAGR of 11.4%.
The activated carbon market consists of sales of activated carbon by entities (organizations, sole traders, and partnerships) that manufacture activated carbon. Activated carbon is used to purify gases and liquids in a variety of applications such as municipal drinking water, industrial pollution control, food and beverage processing, and odor removal. It also helps in de-colorization and solvent purification in industrial sectors such as chemical, petrochemical, mining, and automotive. Activated carbon is produced from carbonaceous sources such as nutshells, coal, coconut, wood, and peat.
The main types of activated carbons are powdered activated carbon, polymer coated activated carbon, granular activated carbon, bead activated carbon, extruded or pelletized activated carbon, others. Powder activated carbon (PAC) or pulverized activated carbon is small activated carbon particle produced by pulverizing or milling activated carbon. Granular activated carbon is made from organic materials like coconut shells or coal having high carbon concentration and is used in both liquid and gas phase applications. Bead activated carbon is made from petroleum pitch and has wide-ranging uses, including air deodorizing, gas adsorption and water purification. Extruded or pelletized activated carbon is made by mixing pulverized anthracite or charcoal with a suitable binder and then extruded at high pressure into a cylindrical shaped form and are used for gas phase applications. The activated carbon is used for liquid phase applications, gas phase applications, metal extraction, medicine, others and is applied in various areas including water treatment, food & beverage processing, pharmaceutical & medical, automotive and air purification.
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News and Updates
In October 2020, Brenntag SE, a Germany-based chemical and ingredients distribution company signed an agreement to acquire Comelt S.p.A and its subsidiary Aquadepur S.R.L. for an undisclosed amount. With the acquisition of Comelt S.p.A., Brenntag plans to expand the local and international business for activated carbon. Moreover, the acquisition of Comelt S.p.A is expected to help the company better assist customers with meeting their sustainability objectives. Comelt S.p.A is an Italy-based company engaged in processing, marketing, and distribution of activated and re-activated carbon for various applications such as water purification and filtration of the flue and air gas.
Key Takeaways from Activated Carbon Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Activated Carbon market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Activated Carbon market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Activated Carbon
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In conclusion, the Activated Carbon market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Activated Carbon Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.
Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
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