Activated Carbon Market Size to observe 7.6% CAGR through 2028

By Ashwin Naphade  | Date: November 03, 2022

Activated Carbon Market Size to observe 7.6% CAGR through 2028

As per recent citations, Global Activated Carbon Market is projected to reach USD 9,263 million, recording a CAGR of approximately 7.6 percent from 2022 to 2028. Activated carbon is a form of carbon commonly used to purify liquids and gases in a variety of applications, including municipal drinking water, food and beverage processing, odor removal, industrial pollution control. It is processed to have small, low-volume pores that increase the surface area available for adsorption or chemical reactions. Activated carbon is produced by pyrolysis of organic materials of plant origin.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global activated carbon market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the activated carbon industry.

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This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, feedstock material, application, and region. The global market for activated carbon can be segmented by product: extruded activated carbon, granular activated carbon, powder activated carbon, others. Globally, the powder activated carbon segment made up the largest share of the activated carbon market. Activated carbon market is further segmented by feedstock material: coconut shell, wood and coal, others. Based on application, the activated carbon market is segmented into: air purification, automotive, catalysts, chemicals, food & beverages, mining, pharmaceuticals, water and wastewater treatment, others. According to the research, the water and wastewater treatment segment had the largest share in the global activated carbon market. On the basis of region, the activated carbon market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

- extruded activated carbon

- granular activated carbon

- powder activated carbon

- others

By feedstock material:

- coconut shell

- wood and coal

- others

By application:

- air purification

- automotive

- catalysts

- chemicals

- food & beverages

- mining

- pharmaceuticals

- water and wastewater treatment

- others

By region:

- Asia Pacific

- Europe

- North America

- Rest of the World (RoW)

The global activated carbon market report offers detailed information on several market vendors, including Cabot Corporation, Calgon Carbon Corporation, CarboTech GmbH, CPL Activated Carbons, DESOTEC NV, Donau Chemie AG, Evoqua Water Technologies Corp., Haycarb PLC, Ingevity Corporation, Kuraray Co., Ltd., Kureha Corporation, Osaka Gas Chemicals Co., Ltd., among others.

Questions And Answers: Global Activated Carbon Market

Q1. What is the CAGR that the Activated Carbon Market is expected to register through the projected duration?

Answer: The Activated Carbon Market is likely to register a CAGR of 7.6% over the forecast period.

Q2. How much is the Activated Carbon Market expected to be worth by the end of the year 2028?

Answer: Activated Carbon Market is likely to surpass a mammoth of USD 9,263 million by the end of 2028.

Q3. Which Are the Key Players in Global Activated Carbon Market?

Answer: Cabot Corporation, Calgon Carbon Corporation, CarboTech GmbH, CPL Activated Carbons, DESOTEC NV, Donau Chemie AG, Evoqua Water Technologies Corp., Haycarb PLC, Ingevity Corporation, Kuraray Co., Ltd., Kureha Corporation, Osaka Gas Chemicals Co., Ltd., among others.

For More Details on This Report: https://www.marketstudyreport.com/reports/global-activated-carbon-market-2022-2028          

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About Author

Ashwin Naphade     ibmag.com

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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