Global Activated Carbon Market Trends and Analysis - Opportunities and Challenges for Future Growth (2022 - 2027)

Market Insights and Analysis: Global Activated Carbon Market Overview and Projections (2022-2027)

The Global Activated Carbon Market is projected to grow at a CAGR of around 7.98% during the forecast period, i.e., 2022-27. The growth of market is driven primarily by the growing focus of governments of different countries worldwide on water & air purification, i.e., propelling the demand for activated carbon. Besides, with the exponentially rising population and growing water requirements, the demand for activated carbon is escalating swiftly and generating growth opportunities for the leading players to increase their production capacities, thereby driving the market

Top leading companies in the Global Activated Carbon Market includes:

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.

Possible Restraint: Shortage of Raw Materials & Price Hikes

Since the producers of activated carbon, especially across Asia-Pacific, rely heavily on raw materials like coconut shells for production, shortage or unavailability of such raw materials due to natural calamities & disrupted value chain might restrain the growth of the Global Activated Carbon Market during 2022-27. It, in turn, is resulting in significant price hikes for activated carbon. As a result, the market is expected to witness a scarcity of suitable coal grades to produce activated carbon shall also hamper the growth of the global market expansion through 2027.

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Report Segmentation:

The market is categorized into the following segments in the report:

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.

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Global Activated Carbon Market Geographic Reach:

The Geographic Reach of the Global Activated Carbon Market evaluates the spread and significance of Global Activated Carbon market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

·         North America: USA, Canada, Mexico

·         South America: Brazil, Argentina, Rest of South America

·         Europe: Germany, The UK, France, Spain, Italy, Rest of Europe

·         Asia-Pacific: China, Japan, India, South Korea, Rest of Asia Pacific

·         Middle East & Africa: GCC, Africa, Rest of Middle East and Africa.

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