Press release
Activated Carbon Market Size, Growth Poised to Reach USD 15.20 Billion by 2032
๐๐ก๐ ๐ซ๐ข๐ฌ๐ข๐ง๐ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ซ ๐ญ๐ก๐ ๐ฉ๐จ๐ฅ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐ง๐ ๐ฐ๐๐ญ๐๐ซโ๐ญ๐ซ๐๐๐ญ๐ฆ๐๐ง๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐ข๐ฆ๐๐ซ๐ข๐ฅ๐ฒ ๐๐ซ๐ข๐ฏ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐ซ๐๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.The Activated Carbon Market is expected to attain a value of USD 15.20 Billion by 2032, growing at a CAGR of 9.32% during the forecastโperiod of 2024-2032. Rising concerns for airโpurification, water treatment solutions and strict pollution control regulations in various industries are budding drivers for this growth.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ข๐ง๐ค ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/request-sample/17449/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐๐ซ๐ค๐๐ญโ๐๐ซ๐จ๐ฐ๐ญ๐ก
Rising environmental worries andโpollution control technology is expansive demand activated carbon is anticipated to see an upsurge. Its ability toโremove volatile organic compounds (VOCs), odors, and other gaseous pollutants has made activated carbon a critical component of air purifiers. Mercury control is becoming an area of increasing legislative pressure, and increasing demand for municipal and industrial wastewater treatment are all contributingโto growing demand for this equipment. Furthermore, the market is reaping the advantages from increased consumption of reactivated carbon, which presents a sustainable and cost-effective option whenโcompared to conventional activated carbon, especially in water treatment facilities.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐๐ญ๐ข๐ฏ๐๐ญ๐๐โ๐๐๐ซ๐๐จ๐ง ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ญ๐ฒ๐ฉ๐, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง.
Activated carbon is further divided into coconut shell based, coal based and wood based activated carbon byโtype. Activated carbon from coconut shell isโthe leading segment on account of its high adsorption capacity yielding effective air purification and water treatment. Coal-activatedโcarbon is even more common, particularly in high throughput applications like solvent recovery and chemical manufacturing. Wood version is stillโless common, but it is slowly finding its way into niche applications.
The activated carbonโmarket is primarily driven by its use in air purification, water treatment, and industrial processes segmented by application. Demand for air purification segment remains strong worldwide, driven by the increasing concerns regarding the quality of air, which, in turn,โis supplementing stricter air quality regulations across the globe. Also,โit be process of water treatment, being the demand mainly due to growing health concerns regarding drinking water and the treatment of wastewater. Furthermore, a significant portion of granular activated carbon isโconsumed by the food and beverage, pharmaceutical, petrochemicals, and automotive sectors for purification processes.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐ข๐ง๐ค ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:https://www.maximizemarketresearch.com/inquiry-before-buying/17449/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ was the leading region and the U.S is the largestโconsumer of activated carbon worldwide. Theseโare significant factors for the growth of the market in this region, supported by the increasing requirement of air and water treatment systems due to stringent regulations. This increase in consumption is also being motivated by the U.S. government's contribution in implementing strict practically unbreached standards for controlling pollution and its harmful discharges, in which the activated carbonโhas positive and commendable impact.
Apart from domestic use, ๐๐ฎ๐ซ๐จ๐ฉ๐ is a relatively powerful market for activated carbon because of the EUโdirectives regarding the reduction of industrial emissions due to their strictness. In Europe also, the market growth is being handled by augmentedโadoption of reactivated carbon, Where the municipal water treatment plants have is driving the market in their basis.
The highest growth rate is expected for ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐ during theโforecast period. Growing pollution levelsโin China and India along with the rapid expansion of their industrial bases are also contributing to increased demand for activated carbon. The growing positive attitude of regulation pollution control in this region also drives the market owing to theโincreasing environmental awareness.
๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/17449/
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐จ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
The competitive landscape of the activated carbon market includes the followingโkey players:
๐๐๐๐จ๐๐ข ๐๐๐ซ๐๐จ๐ง๐ฌ- A manufacturer of activated carbon, Jacobi Carbons is increasing its footprint in the region, with expanded opportunities for further growth as well as an increased shareโof the Asia Pacific market. The firm prides itself on sustainable initiatives, and most recently announced a series of price increases to offset the increased rawโmaterial costs.
๐๐๐๐จ๐ญ ๐๐จ๐ซ๐ข๐ญ ๐๐๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐ซ๐๐จ๐ง - Cabot Norit is an international leader in the activated carbon industry, providingโproducts for air, water, and industrial purification. Recently, due to higher raw material costs, the company has also globallyโincreased prices.
๐๐๐ฅ๐ ๐จ๐ง ๐๐๐ซ๐๐จ๐ง ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง - One of the major suppliers for air and water treatment industries, people see Calgon Carbon stay dynamic in its innovation, while aiming at green technologies and sustainabilityโin producing activated carbon.
๐๐๐ฒ๐๐๐ซ๐ ๐๐๐ - Sri Lanka based company thatโspecializes exclusively in coconut shell activated carbon for air and water purification applications. Growth of the market for high-grade activated carbon in the Asia Pacificโregion has propelled company growth.
๐๐ข๐ซ๐ฅ๐ ๐๐๐ซ๐๐จ๐ง - As one of the major players in the globalโmarket, Birla Carbon has planned to increase its production capacity and expand to new regions, particularly as demand for activated carbon grows in emerging regions.
And these companies innovate and expand theirโoperations to cater to the rising demand for activated carbon while increasing environmental concerns and stringent regulations will keep pushing the market scenario further in the coming future.
๐๐จ ๐๐๐ข๐ง ๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ : https://www.maximizemarketresearch.com/market-report/global-activated-carbon-market/17449/
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
Theโglobal activated carbon market is expected to grow at a steady growth, during the forecast period owing to the increasing demand for air and water purification solutions and stringent pollution control regulations across industries. With more stringent environmental regulations and a growing demand in industries for sustainable and economical purification technologies, activated carbon will be an indispensable component in an arsenal of measures to safeguard our air andโwater from pollution. Well, the market players stand to profitโmore from this continued evolution towards reactivated carbon but at the same time also meet their CSR reporting objectives by reducing their supply chain carbon emissions footprint.
๐ ๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ญ๐จ๐ฉ๐ข๐๐ฌ, ๐ฏ๐ข๐ฌ๐ข๐ญ ๐จ๐ฎ๐ซ ๐ฐ๐๐๐ฌ๐ข๐ญ๐:
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