The sales of activated carbon will reach a valuation of US$ 4 Billion by 2031, at a 10-year compound annual growth rate (CAGR) exceeding 5%.The global activated carbon market has witnessed strong growth owing to growing demand for water treatment applications, development in technology, increasing awareness about health, and rising capability of people to obtain medical services.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and a far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Activated Carbon Market both at worldwide and provincial levels.
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Market Players: –
- Osaka Gas Co. Ltd.
- Cabot Corporation
- Kuraray Co.
- Calgon Carbon
- Kureha Corporation
- Donau Carbon GMBH
- Silcarbon Aktivkohle GMBH
- Prominent systems Inc.
- Oxbow activated carbon LLC
Key partners in Market including industry players, policymakers, and financial backers in different nations have been persistently realigning their systems and ways to deal with carry out them to take advantage of new open doors. Numerous lately have updated their procedures to stay coordinated in the setting of overall disturbances brought about by the COVID-19 pandemic.
Key Segments Covered in Activated Carbon Industry Research
- By Product
- Powdered Activated Carbon
- Granular Activated Carbon
- Pelletized Activated Carbon
- Extruded Activated Carbon
- By Phase
- Liquid Phase
- Gas Phase
- By End Use
- Water Treatment
- Food Applications
- Pharmaceutical & Medical Applications
- Automotive Applications
- Air Purification Applications
- Gas Purification
- Supercapacitor Applications
- Metal Extraction
- Industrial Processing
What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global Activated Carbon Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is present competitive scenario of the global Activated Carbon Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global Activated Carbon Market
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
How are Stringent Pollution Control Regulations in the U.S. Nudging Demand for Activated Carbon?
The U.S., activated carbon market is estimated to expand at a CAGR of over 3% through the forecast period. Key factors driving the market growth include augmenting prominence for air pollution control.
However, the market faces few challenges, narrower markets, due to increased costs of some grades of activated carbon, and the threat of substitutes, namely silica gel and super sand.
Conformance to stringent environmental regulations in water treatment application is expected to drive the market growth during forecast period.
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