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Activated Carbon Market Forecasted to Achieve US$ 9.03 Billion by 2032, Expanding 9.1% Annually From 2024 to 2032

05-15-2024 02:54 PM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Activated Carbon Market

Activated Carbon Market

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.

๐๐ž ๐€๐ฆ๐จ๐ง๐  ๐ญ๐ก๐ž ๐…๐ข๐ซ๐ฌ๐ญ ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐Ž๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: 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.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
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.

๐’๐จ๐ฆ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ ๐ฉ๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐š๐œ๐ญ๐ข๐ฏ๐š๐ญ๐ž๐ ๐œ๐š๐ซ๐›๐จ๐ง ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:
โ€ข Boyce Carbon
โ€ข Cabot Corporation
โ€ข Carbon Activated Corporation
โ€ข CarboTech AC GmbH
โ€ข CarbPure Technologies
โ€ข Donau Chemie AG
โ€ข Evoqua Water Technologies LLC
โ€ข Haycarb PLC
โ€ข Jacobi Carbons Group
โ€ข Kuraray Co.
โ€ข Kureha Corporation
โ€ข Osaka Gas Chemicals Co., Ltd.
โ€ข Oxbow Activated Carbon LLC
โ€ข Tantech Holdings Ltd

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐Ž๐ฎ๐ซ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: 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.

๐Š๐ž๐ฒ ๐“๐š๐ค๐ž๐š๐ฐ๐š๐ฒ๐ฌ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ
โ€ข 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.

โ€ข The activated carbon market analysis is mainly based on product type, application, end-use, and region.

โ€ข In 2023, Asia Pacific dominated the market.

โ€ข The market in North America will increase due to growing environmental worries and strict directives regarding water and air pollution.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐๐ข๐œ๐ญ๐ฎ๐ซ๐ž ๐ฐ๐ข๐ญ๐ก ๐Ž๐ฎ๐ซ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/industry-analysis/activated-carbon-market

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ
๐–๐š๐ญ๐ž๐ซ ๐“๐ซ๐ž๐š๐ญ๐ฆ๐ž๐ง๐ญ: 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.

๐€๐ข๐ซ ๐š๐ง๐ ๐†๐š๐ฌ ๐๐ฎ๐ซ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง: 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…๐จ๐จ๐ ๐š๐ง๐ ๐๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: 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.

๐๐ก๐š๐ซ๐ฆ๐š๐œ๐ž๐ฎ๐ญ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž: Activated carbon is used in medical applications for treating poisonings and overdoses, as well as in pharmaceutical processes for purification purposes.

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ฌ
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.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ž๐ฎ๐ซ ๐“๐จ๐ฉ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ
๐„๐œ๐จ ๐…๐ข๐›๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/eco-fiber-market

๐–๐ก๐ข๐ญ๐ž ๐Ž๐ข๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/white-oil-market

๐๐ฅ๐š๐ง๐ญ-๐๐š๐ฌ๐ž๐ ๐‹๐ž๐š๐ญ๐ก๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/plant-based-leather-market

๐…๐ฎ๐ซ๐Ÿ๐ฎ๐ซ๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/furfural-market

๐€๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ž ๐“๐ข๐ง๐ญ๐ข๐ง๐  ๐…๐ข๐ฅ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-tinting-film-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
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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