Activated Carbon Market Size, Share, Competitive Insights, Opportunity Analysis, and Trends 2020-2030

The activated carbon industry is a sector of the global economy that is primarily focused on the production and sale of activated carbon products. Activated carbon, also known as activated charcoal, is a versatile material known for its high adsorption capacity, which makes it useful in a wide range of applications. It is created by heating carbon-rich materials, such as wood, coal, coconut shells, or other organic substances, to high temperatures in the presence of an activating agent, which develops a network of pores and increases its surface area. This porous structure gives activated carbon its unique adsorption properties.

As per the report, the global activated carbon industry was accounted for $3.2 billion in 2020, and is expected to reach $5.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/7092

𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐚𝐬𝐩𝐞𝐜𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐚𝐜𝐭𝐢𝐯𝐚𝐭𝐞𝐝 𝐜𝐚𝐫𝐛𝐨𝐧 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬: Activated carbon is used in various industries, including water treatment, air purification, food and beverage processing, pharmaceuticals, automotive, environmental remediation, and more. It is employed to remove impurities, contaminants, and odors from liquids and gases.

Growth in automobile ownership rates, health risks regarding drinking impure water, and surge in manufacturing & environmental standards have boosted the growth of the global activated carbon market. However, environmental factors and rise in prices of raw materials hinder the market growth. On the contrary, rise in demand for mercury control technology for industrial air purification applications would unlock lucrative opportunities in the future.

𝐖𝐚𝐭𝐞𝐫 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭: One of the most significant applications of activated carbon is in water treatment. It is used to remove organic contaminants, chlorine, heavy metals, and other impurities from drinking water and industrial wastewater.

𝐀𝐢𝐫 𝐏𝐮𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Activated carbon filters are used in air purification systems to capture volatile organic compounds (VOCs), odors, and airborne contaminants.

The liquid phase segment held the largest share in 2020, accounting for nearly three-fifths of the global activated carbon market, due to rise in demand for wastewater treatment, food grade applications, groundwater remediation, chemical purification, portable water treatment, and removal of odor-causing compounds. However, the gaseous phase segment is expected to register the highest CAGR of 6.8% during the forecast period, as the process is easy to adapt to rapid changes in quality and quantity of the leachate.

𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐞𝐮𝐭𝐢𝐜𝐚𝐥: Activated carbon is used in medical applications, including poison control and drug overdose treatment. It is also used in pharmaceutical processes for purification and decolorization.

𝐅𝐨𝐨𝐝 𝐚𝐧𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲: In the food and beverage industry, activated carbon is used for decolorization, deodorization, and removal of impurities from sugar, alcoholic beverages, and other food products.

The water treatment segment held the lion's share in 2020, contributing to more than two-fifths of the global activated carbon market, due to surge in water scarcity and industrialization across the globe. However, the automotive segment is estimated to manifest the highest CAGR of 7.7% from 2021 to 2030, as carbon lattice structure allows greater adsorption capabilities and high gasoline working capacities for emission regulations.

𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐑𝐞𝐦𝐞𝐝𝐢𝐚𝐭𝐢𝐨𝐧: Activated carbon can be used to clean up contaminated soil and groundwater by adsorbing pollutants, such as hydrocarbons and heavy metals.

𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧: The production of activated carbon involves a carbonization process followed by activation. There are different methods for activation, including steam activation and chemical activation. The choice of raw material and activation method affects the properties of the final product.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞: The global activated carbon market size is significant and continues to grow due to increasing environmental concerns and regulatory requirements for water and air quality. The market is highly competitive and includes both large multinational corporations and smaller regional producers.

The global activated carbon market across Asia-Pacific dominated in 2020, holding nearly two-fifths of the market. In addition, the market across Asia-Pacific is projected to portray the highest CAGR of 7.5% during the forecast period, owing to high demand for activated carbon from the automotive sector and in developing countries such as India, China, and others. The report analyzes the market across other regions such as North America, LAMEA, and Europe.

𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲: The industry is increasingly focusing on sustainability by using renewable raw materials, improving energy efficiency, and recycling spent activated carbon.

𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬: The production and use of activated carbon are subject to various regulations and standards to ensure product quality and safety, particularly in applications related to drinking water and food.

There has been growing interest in the development of advanced carbon materials, such as activated carbon nanotubes and graphene-based materials, which offer enhanced adsorption properties. The activated carbon industry plays a critical role in addressing environmental and health challenges by providing solutions for the removal of pollutants and contaminants from various systems.

𝐌𝐚𝐣𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬

- CLARINEX Group
- Carbon Activated Corp.
- Cabot Corporation
- ADA-ES, INC.
- Jacobi Carbons AB
- Siemens Water Technologies Corp.
- Kureha Corporation
- Calgon Carbon Corporation
- Carbo Tech AC GmbH
- Carbon Resources LLC

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐚𝐥 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐆𝐫𝐚𝐩𝐡𝐬, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬' 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬: https://www.alliedmarketresearch.com/activated-carbon-market/purchase-options

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