(2023-2032) Activated Carbon Global Market Trends And Forecast Report | By Types, Applications, Regions And Players Calgon Carbon Corporation, Haycarb PLC, Kureha Corporation, Donau Carbon GmbH, Silcarbon Aktivkohle GmbH
As per the Activated Carbon market report by The Business Research Company, the growing demand for clean water is expected to drive the growth of the activated carbon market. Rapid urbanization and industrialization is surging demand for clean water and activated carbon, as activated carbon is a key ingredient in water purification.
The global activated carbon market size grew from $5.45 billion in 2022 to $6.21 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The activated carbon market size is expected to grow to $10.29 billion in 2027 at a CAGR of 13.5%.
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Major competitors in the Activated Carbon market include 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, and EcoGreen Technological.
The Activated Carbon market is segmented -
• By Type: Powdered Activated Carbon, Polymer Coated Activated Carbon, Granular Activated Carbon, Bead Activated Carbon, Extruded or Pelletized Activated Carbon, Other Types
• By Application: Liquid Phase Applications, Gas Phase Applications, Metal Extraction, Medicine, Other Applications
• By End Use: Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification, Other End Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Activated Carbon market.
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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 Table Of Content For The Activated Carbon Market Include:
1. Executive Summary
2. Activated Carbon Market Characteristics
3. Activated Carbon Market Trends And Strategies
4. Activated Carbon Market - Macro Economic Scenario
5. Activated Carbon Market Size And Growth
28. Key Mergers And Acquisitions In The Activated Carbon Market
29. Activated Carbon Market Future Outlook and Potential Analysis
The "Global Activated Carbon Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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