Activated Carbon Market Development: Enhancing Performance through New Materials

0
217

The global activated carbon market size is expected to reach USD 7.33 billion by 2030 to expand at a CAGR of 6.0% from 2024 to 2030 according to a new report by Grand View Research, Inc. This increase can be attributed by the need for a powdered and granular form is expected to increase as the demand for water and air purification in coal-fired plants grows and clinker cement industries.

 

Asia Pacific dominated the regional segment due to the growing industrialization in Japan and the developing economies. North America is another key region contributing to market growth due to stringent emission regulations in the region. Various regulatory agencies have enacted strict environmental pollution control policies and encouraged the use in air and water treatment plants, which is expected to boost the market throughout the anticipated period. Implementation of regulations by various governments is expected to drive the product consumption in the forecast period.

 

The supply chain of the raw materials was drastically impacted by the COVID-19 outbreak, which further affected the production and consumption patterns globally. Powdered carbon type has dominated the product consumption since last decade. Consequently, halt in production of non-essential chemicals, ingredients or industrial products has drastically hampered demand. This resulted in negative impact on the market in 2020.

 

Gather more insights about the market drivers, restrains and growth of the Global Activated Carbon Market

 

 

Activated Carbon Market Report Highlights

 

·         Powdered activated carbon segment dominated the type segment as they are used in water treatment which is the major end use industry of the market

 

·         Asia Pacific witnessed the fastest growth rate due to factors like large availability of good quality coconut shell. The regional market is also driven by growing disposable income, surge in the automotive industry

 

·         Companies such as Cabot Corporation have fully integrated their processes. Raw material procuring, product preparation and distribution processes are fully integrated. The full integration strategy adopted by companies is done to offset the volatility involved in raw material procurement and to implement strict quality parameters on production

 

·         The spread of COVID-19 has negatively impacted each and every sector including chemical. The supply chain of raw materials of silicone-based adhesion market drastically impacted the production and consumption pattern

 

Browse through Grand View Research's Bulk Chemicals Industry Research Reports.

 

 

·         Acrylic Acid Market: The global acrylic acid market size was valued at USD13.66 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030.

 

·         Styrene Butadiene Rubber Market: The global styrene butadiene rubber market size was valued at USD 46.46 billion in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2030.

 

Activated Carbon Market Segmentation

Grand View Research has segmented the global activated carbon market on the basis of form, application, end use, and region

Activated Carbon Type Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

·         Powdered

·         Granular

·         Others

Activated Carbon Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

·         Liquid Phase

·         Gas Phase

Activated Carbon End Use Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

·         Water Treatment

·         Food & Beverage Processing

·         Pharmaceutical & Medical

·         Automotive

·         Air Purification

·         Other End Use

Activated Carbon Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

o    Italy

o    Spain

·         Asia Pacific

o    China

o    India

o    Japan

o    South Korea

o    Australia

·         Central & South America

o    Brazil

o    Argentina

·         Middle East and Africa

o    Saudi Arabia

o    South Africa

 

Order a free sample PDF of the Activated Carbon Market Intelligence Study, published by Grand View Research.

Rechercher
Catégories
Lire la suite
Health
Pharyngitis Treatment Market Size Analysis, DROT, PEST, Porter’s, Region & Country Forecast Till 2030
The Pharyngitis Treatment Market Research Report 2022 provides detailed analysis of...
Par Amol Shinde 2022-08-23 08:17:50 0 3KB
Autre
Paving for Progress: Hadleigh's Modernization Efforts
Situated in the heart of Essex, the picturesque town of Hadleigh is undergoing an amazing change,...
Par Mysticalchrist Mysticalchrist 2023-10-05 07:22:09 0 1KB
Autre
Computer Aided Drafting (CAD) Service Market 2024 Latest Trend, Demand and Business Outlook by Top Key Players –Arktek3D, Jacobson Engineering Services, Unicor
Computer Aided Drafting (CAD) Service Market research report is a high-quality report having...
Par Vaibhav Kale 2024-07-05 12:35:31 0 579
Party
BEST ESCORTS SERVICE IN LAHORE 0321-6250005
Skip to content   Home GALLERY Contact Call girls in lahore ESCORTS IN LAHORE...
Par Islamabad Escort 2023-05-10 10:10:11 0 1KB
Autre
Glue Stick Manufacturing Plant Report 2024: In-Depth Project Overview, Manufacturing Process, Material and Plant Cost
Syndicated Analytics’ latest report titled “Glue Stick Manufacturing Plant...
Par Peter Smith 2024-09-09 09:57:59 0 331