>Global Activated Carbon Market, By Product (Powdered, Granular, Extruded/ Pelletized and Others), Raw Material (Coal-Based, Coconut Shell- Based, Wood- Based and Others), Application (Liquid Phase and Gas Phase), End Use (Water and Wastewater Treatment, Food and Beverage Processing, Industrial Chemicals, Pharmaceutical and Medical, Automotive, Gas and Air Purification, Mining and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Activated Carbon Market
Data Bridge Market Research analyses that the activated carbon market will witness a CAGR of 9.00% for the forecast period of 2021-2028. Increase in the demand for activated carbon for a wide range of applications such as water and wastewater treatment, food and beverage processing, industrial chemicals, pharmaceutical and medical, automotive, gas and air purification, mining and others and surge in industrialization in the developing countries are the major factors attributable to the growth of the activated carbon market.
Activated carbon enables easy filtration of a surface area and is designed for small and low volume-pores. Also known as charcoal, activated carbon is a highly porous, adsorptive material with large surface area and large amorphous structure.
Increasing awareness about the benefits of activated carbon is the root cause fuelling up the market growth rate. Growth in the demand for activated carbon especially in the emerging economies for water and wastewater processing industries is another factor responsible for propelling growth in the market value. Rising environmental concerns and increased initiatives by the government to achieve a pollution free environment will further create lucrative growth opportunities for the activated carbon market. Rising industrialization coupled with increased levels of research and developments in the production of carbon will also directly and positively impact the growth rate of the market.
However, high prices of raw materials and volatility in the prices of such materials will pose a major challenge to the growth of activated carbon market. Also, limited availability of natural resources will derail the market growth rate. Presence of certain alternatives product offerings will also dampen the market growth rate.
This activated carbon market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on activated carbon market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Activated Carbon Market Scope and Market Size
The activated carbon market is segmented on the basis of product, raw material, application and end use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of product, the activated carbon market is segmented into powdered, granular, extruded/ pelletized and others. Others segment is sub-segmented into honeycombs and activated carbon fibers.
- On the basis of raw material, the activated carbon market is segmented into coal- based, coconut shell- based, wood- based and others. Others segment is sub-segmented into olive stones and petroleum pitch.
- On the basis of application, the activated carbon market is segmented into liquid phase and gas phase.
- On the basis of end use, the activated carbon market is segmented into water and wastewater treatment, food and beverage processing, industrial chemicals, pharmaceutical and medical, automotive, gas and air purification, mining and others. Others segment is sub-segmented into personal care and gold metal catalyst.
Global Activated Carbon Market Country Level Analysis
Global activated carbon market is analysed and market size, volume information is provided by country, product, raw material, application and end use as referenced above.
The countries covered in the activated carbon market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the activated carbon market and will continue to flourish its trend of dominance during the forecast period as well. Increasing implementation of environmental regulations to minimize water pollution is one of the major factors fostering the growth of barium carbonate market. Asia-Pacific on the other hand will register the highest CAGR for the forecast period owing to growing demand for activated carbon materials from end use industries including food and beverages, water treatment and others.
The country section of the activated carbon market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Activated Carbon Market Share Analysis
The activated carbon market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to activated carbon market.
The major players covered in the activated carbon market report are Osaka Gas Chemicals Co., Ltd., Cabot Corporation, KURARAY CO., LTD., HAYCARB (PVT) LTD., KUREHA CORPORATION, Donau Carbon GmbH, Silcarbon Aktivkohle GmbH, Prominent Systems, Inc., OXBOW ACTIVATED CARBON, PURAGEN ACTIVATED CARBONS, Advanced Emissions Solutions, Inc., Albemarle Corporation, Carbon Activated Corporation, Evoqua Water Technologies LLC, Ingevity, CarboTech, Boyce Activated Carbon, JACOBI CARBONS GROUP, Donau Chemie AG and Calgon Carbon Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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