Jack danielAccording to MarkNtel Advisors study the Global Activated Carbon Market is projected to grow at a CAGR of around 7.98% during the forecast period, i.e., 2022-27.
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Key Findings of the Study: Activated Carbon market
Growth Opportunities: The Advent of Reactivated Carbon
Stringent regulations by governments of different countries for water treatment & air purification are compelling the leading players in the Global Activated Carbon Market to increase their production & distribution capacities to meet the escalating consumer requirements for activated carbon. However, with the high cost of producing activated carbon, the industry leaders are actively working on manufacturing reactivated carbon due to its relatively lower production costs & higher eco-friendly properties, i.e., projecting remunerative growth prospects for the global market through 2027.
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Scope of the Report and Activated Carbon Market Segmentation:
By Type
- Powdered Activated Carbons
- Granular Activated Carbons
- Extruded or Pelletized Activated Carbons
- Others
By Application
- Water Treatment
- Air & Gas Purification
- Food & Beverages
- Metal Extraction
- Medical & Pharmaceutical
- Others
By End-User
- Water Treatment
- Food & Beverage
- Healthcare
- Automotive
- Industrial Processing
- Others
Here, Water Treatment acquired the largest share in the Global Activated Carbon Market in previous years, and the same trend is likely during 2022-27.
Activated Carbon Market Competitive Landscape
- Activated Carbon Technologies
- Cabot Corporation
- Carbon Activated Corporation
- CarboTech
- Donau Carbon GmbH
- Ingevity
- Iluka Resources
- James Cumming & Sons
- Kuraray
- Kureha Corporation
- Osaka Gas Chemicals Co., Ltd.
- Puragen Activated Carbons
- Silcarbon Aktivkohle GmbH
- Universal Carbons
- Others
Activated Carbon Market Development:
- In March 2021, leading player Cabot Corporation introduced a series of ENERMAX 6 carbon nanotubes to enhance the overall battery performance during lower loadings.
- In November 2020, the company launched a unique styrene acrylonitrile-based black masterbatch called PLASBLAK XP6801D for the Styrenics market. The masterbatch exhibit excellent mechanical properties, UV resistance, & color performance at a lower concentration.
Geographical Analysis:
By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East & Africa
Of all regions globally, Asia-Pacific is projected to continue its dominance in the Activated Carbon Market with the largest share during 2022-27.
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