Growing Demand for Water Purification Significantly strengthens the Global Activated Carbon Market Growth

According to Inkwood Research, the Global Activated Carbon Market is projected to grow with a CAGR of 8.05% in terms of revenue during the forecasting years of 2019-2028.

"Browse 53 Market Data Tables and 50 Figures spread over 180 Pages, along with an in-depth TOC on the Global Activated Carbon Market Forecast 2019-2028."

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As a processed form of porous carbon, activated carbon is manufactured from organic materials possessing high carbon content like coal, wood, and coconut shells. The activation procedure entails the carbonization of raw materials, followed by treating them with chemicals or oxygen. Subsequently, this leads to porosity development, and thus, high adsorption power.

Increasing Demand for Water Purification Facilitates Market Growth
Although 70% of the Earth is covered with water, it is still a diminishing resource. Saline water in seas and oceans accounts for nearly 97% of this amount, with 3% considered freshwater. However, the total usable freshwater supply for humans, as well as the ecosystem, is only 0.5%. Moreover, since the world population and their demands are continually rising, the water treatment and water purification industry is anticipated to depict growing trends.

Activated carbon is a vital part of the water purification process. It removes contaminants like dyestuffs and color compounds, adsorbable organic halogens (AOX), non-biodegradable organic compounds (COD), chlorinated, or halogenated organic compounds, and inhibitory compounds for biological treatment systems.

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Wood is the Prominent Raw Material
Wood-based activated carbon is essentially produced from designated kinds of sawdust and wood, either by phosphoric acid activation or steam. The majority of pores in this carbon type are in the mesopore and macropore region, ideal for liquids and water decolorization. Besides, wood-based carbon is mainly used in wastewater and surface water filters to effectively eliminate organic impurities and larger molecular structures, including Geosmin and MIB (2-Methylisboreneol). Additionally, wood-based phosphoric activation can produce carbon with a very high surface area, extending from 1500-2500 m2/g. Also, it is available in different forms like, pelletized, powder, and granular.

Asia Pacific Dominated the Global Market in 2019
The Asia Pacific's activated carbon market is projected to observe rapid growth over the forecast years, owing to the rising demand for water treatment applications. Likewise, with significant industrialization in developing countries like China and India, activated carbon consumption across diverse applications, such as mercury control and air purification, is continually increasing. On the other hand, the growing pollution rates generate serious issues like water scarcity and health problems, for the rapidly growing population. As a result, the increasing air purification and water treatment plants are actively reinforcing the region's activated carbon market growth.

The activated carbon market is consolidated among key enterprises and fragmented among native firms. Moreover, players compete based on cost, technology, and product features and offerings through numerous competitive strategies. Thus, the degree of industrial rivalry within the activated carbon market is anticipated to be high over the forecast period. Prominent companies operating in the market include, Osaka Gas Chemicals, Jacobi Carbons Group, Cabot Corporation, Kuraray Corporation, Calgon Carbon Corporation, etc.

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Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises of North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

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