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Activated Carbon Market Analysis of Rising Business Opportunities with Prominent Investment to 2030

10-24-2024 10:00 AM CET | Chemicals & Materials

Press release from: Allied Market Research (AMR)

Activated Carbon Market

Activated Carbon Market

Allied Market Research (AMR) recently released an in-depth report on the activated carbon market, forecasting substantial growth for the industry. According to the report, the market, which was valued at $3.2 billion in 2020, is expected to surge to $5.8 billion by 2030, registering a compound annual growth rate (CAGR) of 6.3% over the forecast period. This report serves as an invaluable resource, offering detailed insights into market dynamics, share and size analysis, investment opportunities, emerging trends, regional outlooks, and the competitive landscape.

𝐃𝐨𝐰𝐧π₯𝐨𝐚𝐝 π’πšπ¦π©π₯𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 π‘πžπ¬πžπšπ«πœπ‘ 𝐎𝐯𝐞𝐫𝐯𝐒𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/1514

AMR's research methodology employs Porter's Five Forces model to assess industry competition, evaluating factors such as potential new entrants, substitute products, buyer and supplier power, and market rivalry. Additionally, a SWOT analysis identifies key internal strengths and weaknesses alongside external opportunities and threats, helping businesses make strategic decisions for long-term success.

Key Trends Driving the Industry

The activated carbon industry has seen several significant trends in recent years, shaped by environmental regulations, technological innovations, and evolving applications:

- Environmental Regulations & Sustainability: Heightened environmental standards globally have increased the demand for activated carbon in air and water purification. This material is instrumental in removing pollutants such as volatile organic compounds (VOCs), mercury, and other contaminants from industrial emissions and wastewater.

- Rising Demand for Water Treatment: Growing concerns about water scarcity and contamination have accelerated the use of activated carbon in both municipal and industrial water treatment. Its effectiveness in filtering out organic impurities, chlorine, and other harmful substances helps ensure safer, cleaner water.

- Emerging Applications in Gas Phase Purification: The increasing application of activated carbon in gas purification is a response to rising concerns about air pollution and health risks posed by airborne contaminants. It is used for improving indoor air quality, managing vehicle emissions, and filtering respirators.

- Focus on High-Performance Applications: Industries such as pharmaceuticals, food and beverage, and energy storage (e.g., supercapacitors) are driving demand for high-performance activated carbon. This is due to the need for specific adsorption properties and stringent purity standards in these sectors.

Regional Insights

The AMR report provides an in-depth analysis of the activated carbon market across North America, Latin America, Asia-Pacific, Europe, and the Middle East & Africa. By offering region-specific insights, the study enables businesses to create tailored growth strategies, optimize resource allocation, and form valuable alliances to strengthen market presence.

The Asia-Pacific region claimed the largest share of the market in 2020 and is expected to post the fastest growth rate, with a projected CAGR of 7.5% over the forecast period. This expansion is fueled by high demand for activated carbon in industries such as automotive manufacturing and the rapid industrialization of emerging markets like China, India, and other nations in the region.

Competitive Landscape

The report also highlights the competitive landscape of the global activated carbon market, providing a detailed analysis of major players, their product portfolios, and strategic initiatives. This includes evaluations of key companies' strengths, enabling stakeholders to make informed decisions about market positioning and investment opportunities.

Key players featured in the report include:

- Siemens Water Technologies Corp.
- Jacobi Carbons AB
- Cabot Corporation
- ADA-ES Inc.
- Carbon Resources LLC
- Calgon Carbon Corporation
- Kureha Corporation
- Clarinex Group
- CarboTech AC GmbH
- Carbon Activated Corp.
- Conclusion

The AMR report on the global activated carbon market offers businesses and stakeholders valuable strategic insights. It enables them to identify emerging opportunities, address competitive challenges, and make informed decisions for sustainable growth. As environmental concerns, technological advancements, and new applications continue to shape the industry, companies can leverage this report to stay ahead of market trends and secure long-term success.

πŽπ›π­πšπ’π§ π‘πžπ©π¨π«π­ πƒπžπ­πšπ’π₯𝐬: https://www.alliedmarketresearch.com/activated-carbon-market

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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