Activated Carbon Market is expected to reach US$ 5.0 billion by 2031, growing with a CAGR of 3.8% | Boyce Carbon, Cabot Corporation, Carbon Activated Corporation.

Activated Carbon Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Global Activated Carbon Market reached US$ 3.7 billion in 2023 and is expected to reach US$ 5.0 billion by 2031, growing with a CAGR of 3.8% during the forecast period 2024-2031.

Activated carbon is a highly porous material used for filtration and adsorption of impurities from air, water, and chemicals. It is made by heating carbon-rich materials like wood, coconut shells, or coal to create a large surface area for trapping contaminants. Common applications include water purification, air filtration, and medical treatments like toxin removal. Its ability to adsorb organic compounds and heavy metals makes it essential in environmental protection. Activated carbon is widely used in industries such as pharmaceuticals, food processing, and wastewater treatment.

List of the Key Players in the Activated Carbon Market:

Boyce Carbon, Cabot Corporation, Carbon Activated Corporation, CarboTech AC GmbH, CarbPure Technologies, Donau Chemie AG, Evoqua Water Technologies LLC, Jacobi Carbons Group, Kuraray Co. and Kureha Corporation.

Industry Development:

❁ In March 2022, Cabot Corporation sold its activated carbon business, Norit Activated Carbon, to One Equity Partners. Following the divestiture, Norit became an independent company, operating through ten manufacturing facilities in seven countries. The company now offers a wide range of activated carbon products to its global customers, maintaining its focus on air and water purification, industrial processing, and other applications. This strategic move allowed Cabot to streamline its portfolio while enabling Norit to expand its market presence independently.

Growth Forecast Projected:

The Global Activated Carbon Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Activated Carbon Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Activated Carbon Market:

By Type: Powdered Activated Carbon, Granular Activated Carbon, Others.

By Raw Material: Coal, Saw Dust, Coconut Shell, Others.

By Type: Powdered Activated Carbon, Granular Activated Carbon, Others.

By End User: Water Treatment, Pharmaceutical, Automotive, Personal Care, Others.

Regional Analysis for Activated Carbon Market:

The regional analysis of the Activated Carbon Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Activated Carbon market?

➠ Who are the leading manufacturers in the global Activated Carbon industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Activated Carbon industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Activated Carbon market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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