Activated Carbon Market Insights 2023-2027

Ratul Sarkar

Originally Published on Technavio | Marketing Automation Software Market by Deployment, End-user, and Geography - Forecast and Analysis 2023-2027

The Activated Carbon Market Analysis provides a comprehensive exploration of key regions, including APAC, North America, Europe, South America, and the Middle East and Africa. Focusing on major countries such as the US, China, India, The Netherlands, and Belgium, the report forecasts a market size increase of USD 1.58 billion with a Compound Annual Growth Rate (CAGR) of 8.42% between 2022 and 2027.

Key Highlights:

- Market Overview: The Activated Carbon market is anticipated to grow at a CAGR of 8.42% between 2022 and 2027, with an estimated increase in market size of USD 1.58 billion. The report encompasses thorough market segmentation based on Product, Application, and Geography, covering key regions like APAC, North America, Europe, South America, and the Middle East and Africa. The report addresses potential challenges, such as technical limitations, and highlights market opportunities and trends, particularly in pollution control, impacting the market share positively during the forecast period.

- Activated Carbon Market Definition: Activated carbon is a non-graphite carbon form created from raw materials like coal, wood, lignite, and paddy husk. Featuring a complex porous structure with carbon atoms forming channels, activated carbon's porous network aids in removing impurities from vaporous and liquid media.

- Market Segment Insights:

- Product Insights: The powdered segment is expected to experience significant market share growth. Its versatile applications across various industries, government investments in water and waste treatment plants, and increased adoption in pharmaceutical and food and beverage applications are driving factors. The powdered segment, valued at 1.47 billion in 2017, is projected to continue growing through 2021.

- Application Insights: The air purification segment holds the largest market share during the forecast period. Driven by urbanization, industrialization, and regulatory focus on mercury and harmful gas emissions, the air purification segment is expected to grow. Increased demand for activated carbon filters in home air filters also contributes to segment growth.

- Regional Insights:

- APAC Region: Estimated to contribute 44% to global market growth, APAC, featuring major countries like China, India, and the Philippines, dominates the global activated carbon export market. APAC presents significant growth opportunities for global players due to rapid industrialization, urbanization, and increased wastewater generation.

- Key Drivers, Trends, and Challenges:

- Drivers: The increased need for purification in various industrial processes is a significant driver, with diverse applications in water and air purification fueling market growth. Pollution control emerges as a major trend, with rising demand for mercury control technology in industrial air purification applications.

- Challenges: Technical limitations of activated carbon products pose challenges, as they may be ineffective against certain chemicals, pathogens, and heavy metals. Storage precautions, such as low oxygen conditions, add complexity.

- Major Companies:

- Shincarbon: Offering activated carbons such as granular, impregnated, and powder.

- Other Major Players: Advanced Emissions Solutions Inc., Albemarle Corp., BASF SE, Cabot Corp., Evoqua Water Technologies LLC, and others.

- Customer Landscape: The report includes an adoption lifecycle analysis, covering stages from innovator to laggard. It also focuses on adoption rates in different regions based on penetration, including key purchase criteria and drivers of price sensitivity to help companies evaluate and develop growth strategies.

- COVID-19 Recovery: The COVID-19 pandemic initially led to a decline in activated carbon demand due to lockdowns and travel restrictions. However, with the resumption of industrial activities post-vaccination drives in 2021, the demand for activated carbon has rebounded, indicating expected market growth.

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Ratul Sarkar

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The Activated Carbon Market research report covers a wide range of subjects, including latest technological breakthroughs, worldwide industry trends, market size, share, and emerging technologies. The Activated Carbon Market study provides valuable insight into the current situation of the local and worldwide marketplaces. com/sample-request/2265Market SegmentationFor the projection period, the Activated Carbon Market analysis evaluates the attractiveness of all main segments. The Activated Carbon Market research study delves into the many segments, such as product, end-users, and geographical regions. Table of Contents- Major Key PointsIntroductionResearch MethodologyMarket DynamicsImpact AnalysisValue Chain AnalysisPorter’s 5 Forces ModelPEST AnalysisActivated Carbon Market Segment, By TypeActivated Carbon Market Segment, By ApplicationRegional AnalysisCompany ProfilesCompetitive LandscapeConclusionBuy Single User PDF of Activated Carbon Market Research @ https://www.

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Kenneth Research published a report titled “Activated Carbon Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global activated carbon market in terms of market segmentation by application, product type, and by region. The global activated carbon market is estimated to grow at a CAGR of ~5% over the forecast period, i. There has been growing concern related to the environment and regulations imposed by the government that are expected to boost the growth of the global activated carbon market. In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. Moreover, the increasing awareness related to activated carbon for the purification of water to provide safe water to people is expected to drive the growth of the global activated carbon market.

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Request Sample Report of Activated Carbon Market @ https://www. Fundamental Features of Report:This report contains a detailed Activated Carbon Market analysis and a comprehensive understanding of its commercial landscape. Request for Customized Copy of Activated Carbon Market Report @ https://www. com/industry-analysis/activated-carbon-market/request-for-customizationAbout Polaris Market ResearchPolaris Market Research is a worldwide market research and consulting organization. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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