Press release
Activated Carbon Market Forecasted to Achieve US$ 9.03 Billion by 2032, Expanding 9.1% Annually From 2024 to 2032
The recently published Activated Carbon Market study report by Polaris Market Research reveals that the global market was USD 4.12 billion in 2023, with a CAGR of 9.1% projected from 2024 to 2032. The global market is expected to offer an absolute opportunity of USD 9.03 billion by 2032.๐๐ ๐๐ฆ๐จ๐ง๐ ๐ญ๐ก๐ ๐ ๐ข๐ซ๐ฌ๐ญ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐๐ฎ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/activated-carbon-market/request-for-sample
The escalating demand for air cleansing gadgets is a notable driver for the market. As people become more health conscious and sensible of the negative impacts of air pollution, they are looking for methods to enhance indoor air quality. Activated carbon is an important element in several air purification systems, as it can detach adulteration and pollutants from the air. The increasing approval of smart homes and the amalgamation of air purifiers in these arrangements additionally push the demand for activated carbons.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Critical firms are acquiring many organic and inorganic growth policies such as potential augmentation, mergers & acquisitions, and joint ventures to sustain and augment their market share.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐ซ๐๐จ๐ง ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข Boyce Carbon
โข Cabot Corporation
โข Carbon Activated Corporation
โข CarboTech AC GmbH
โข CarbPure Technologies
โข Donau Chemie AG
โข Evoqua Water Technologies LLC
โข Haycarb PLC
โข Jacobi Carbons Group
โข Kuraray Co.
โข Kureha Corporation
โข Osaka Gas Chemicals Co., Ltd.
โข Oxbow Activated Carbon LLC
โข Tantech Holdings Ltd
๐๐๐๐๐ฌ๐ฌ ๐๐ฎ๐ซ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/261/2
Activated carbon is a porous element that confines compounds, foremost organic prevalent in gas or liquid. It is so accurate in its function that it is most extensively utilized as a purifying agent by humans. Activated carbon is utilized in several applications involving water and air purification and odor regulation. It is an extremely cost-effective solution for varied industries as it is simple to procure and can be configured from a foundation system that is coal, wood, or coconut shells. Each foundational substance may provide a moderately dissimilar product, but it will normally function equally in varied applications.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
โข The primary factors propelling the market growth of activated carbon are the growing demand from several end-use industries, such as air purification, water treatment, and food and beverage refining.
โข The activated carbon market analysis is mainly based on product type, application, end-use, and region.
โข In 2023, Asia Pacific dominated the market.
โข The market in North America will increase due to growing environmental worries and strict directives regarding water and air pollution.
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ข๐๐ญ๐ฎ๐ซ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ซ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.polarismarketresearch.com/industry-analysis/activated-carbon-market
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
๐๐๐ญ๐๐ซ ๐๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ: The water treatment segment remains the dominant application for activated carbon, largely due to the escalating need for clean water driven by urbanization and industrialization. Activated carbon's high porosity and large surface area make it ideal for adsorbing organic compounds, toxic substances, and pollutants from water.
๐๐ข๐ซ ๐๐ง๐ ๐๐๐ฌ ๐๐ฎ๐ซ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง: There is a growing demand for activated carbon in air purification to remove contaminants and improve air quality. This includes applications in industrial emissions control, where activated carbon is used to capture volatile organic compounds (VOCs), mercury vapors, and other pollutants.
๐ ๐จ๐จ๐ ๐๐ง๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: The food and beverage sector is increasingly using activated carbon to remove impurities, such as odors and contaminants, from products. This trend is fueled by rising consumer awareness about food safety and quality.
๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐: Activated carbon is used in medical applications for treating poisonings and overdoses, as well as in pharmaceutical processes for purification purposes.
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ซ๐๐ง๐๐ฌ
Innovations in activated carbon technology, such as the development of honeycomb activated carbon and high-flow carbon filters, are expected to drive market growth. Companies are also focusing on expanding their product portfolios and production capacities through mergers and acquisitions to meet the growing demand.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ซ ๐๐จ๐ฉ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ
๐๐๐จ ๐ ๐ข๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/eco-fiber-market
๐๐ก๐ข๐ญ๐ ๐๐ข๐ฅ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/white-oil-market
๐๐ฅ๐๐ง๐ญ-๐๐๐ฌ๐๐ ๐๐๐๐ญ๐ก๐๐ซ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/plant-based-leather-market
๐ ๐ฎ๐ซ๐๐ฎ๐ซ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/furfural-market
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ข๐ง๐ญ๐ข๐ง๐ ๐ ๐ข๐ฅ๐ฆ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-tinting-film-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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