Activated Carbon Market Overview:
The activated carbon market is projected to be valued at USD 7,032.5 Mn by the end of 2023 and expected to exhibit a CAGR of 8.14% during the forecast period.
Activated Carbon Market Key Findings of the Study:
Global activated carbon market is projected to reach over 4,600 kilotons by 2023 with a CAGR of 6.83% during the assessment period of 2018–2023.
Asia-Pacific accounted for the largest market share due to the increasing need for water purification and reuse in the industrial sector in the region owing to the scarcity of water.
Water purification is estimated to be the dominant segment in the global activated carbon market during the forecast period.
The powdered activated carbon segment held 50% of the global market share in 2018 and is expected to be valued at USD 3,700 million by the end of 2023.
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Activated Carbon Market Key Players:
Some of the leaders in the global activated carbon market are:
- Osaka Gas Chemicals Co., Ltd. (Japan)
- Calgon Carbon Corporation (US)
- Cabot Corporation (US)
- DESOTEc (Belgium)
- HAYCARB (PVT) LTD. (Sri Lanka)
- Kalpaka Chemicals (India)
- ThomasNet (US)
- FEECO International Inc. (US)
- Carbon Activated Corporation (US)
- Kureha Corporation (Japan)
- Universal Carbons (India)
- Silcarbon Aktivkohle GmbH (Germany)
- Donau Carbon GmbH (Germany)
- Oxbow Activated Carbon LLC (U.S.)
- Kuraray Co., Ltd. (Japan)
- CPL Carbon Link (UK)
Activated Carbon Market Segment Analysis:
The study report is segmented into three key dynamics for the convenience: –
By Form:
Granular, Powdered, Pelletized, and Beads among others.
By Applications:
Water Purification, Air Purification, Food & Beverage, Pharmaceuticals, Cosmetics, Mining, Chemical Purification, Soil and Remediation among others.
By Regions:
North America, Europe, APAC and the Rest-of-the-World.
Activated Carbon Market Regional Analysis:
The Activated Carbon Market in the North American region accounts for the next lucrative market, globally. The significant market growth attributes to the high demand from end-use industries such as food & beverage, chemicals, pharmaceuticals, and cosmetics & personal care. It is projected that the sub-segment granular is set to grow at a higher CAGR due to its superior conductive features such as UV protection, excellent abrasion resistance, and others.
The European region is set to observe a significant growth in the activated carbon market due to increased demand fuelled by the stringent regulations imposed on industrial and automotive emissions. Germany, Italy, and the U.K. are projected to lead the market of this region owing to rapid technological advancement and growing usage over the forecast period.
Activated Carbon Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Market Dynamics of Global Activated Carbon Market
Activated Carbon Market Table of Content to be Continue….,
Activated Carbon Market List of Table:
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 List of Trading Countries
Table 4 Global Activated Carbon Market, By Region
Table 5 Global Activated Carbon Market, By Type
Activated Carbon Market List of Table to be Continue….,
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