Activated Carbon Market Worth to cross USD 7.5 BN BY 2026
Posted On May 22, 2020
According to the research report by Value Market Research, the Global Activated Carbon Market is likely to grow from USD 3.8 BN in 2019 to USD 7.5 BN by 2026 with a CAGR of 10.3% during the year 2020-2026. The ever-increasing demands in water treatment and sewage treatment applications are anticipated to be a key growth driver, demands that are reinforced by an increase in global population and water scarcity. Its application as an air purifier, removal of contaminants or impurities such as colour and odor and removal of toxic gases in greenhouses and manufacturing plants (food and beverage processing, pharma and automotive industries) is also contributing for higher product penetration in the global market. The activated charcoal is significantly used as a purifying agent for raw material compounds, kidney machines, and respirators, thus a rise in global population and ever-increasing health concerns is anticipated to propel the demands.
Activated Charcoal, also known as a universal antidote, is a black coloured fine powder made from bone char, coconut shells, sawdust, or several other organic, carbon-rich sources. When processed at high temperatures, the charcoal gets activated and these high temperatures modify the internal structure of the charcoal thus, making an activated version exhibit a higher surface area and porous nature than the regular version. The activated charcoal has several medical uses owing to its toxin-binding properties. Also, it is often used as an anti-poison treatment. It is also used as tooth whitening, water filtration and skin rejuvenation agent.
The initial sections of the report "Global Activated Carbon Market Report By Product (Powdered, Granular And Others), Application (Liquid Phase And Gas Phase), End-Use (Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The geo-economical factors and historic activated carbon industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of product the activated carbon market is divided into powdered, granular and others. By application the market is divided into liquid phase and gas phase. On the basis of end-use the activated carbon market is divided into water treatment, food & beverage processing, pharmaceutical & medical, automotive, air purification and others.
North America, Europe, Latin America and Middle East & Africa are deeply researched in the report.
The Report Segments Global Activated Carbon Market -
- Water Treatment
- Food & Beverage Processing
- Pharmaceutical & Medical
- Air Purification
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
ADA-ES, Inc., Boyce Carbon, Cabot Corporation, Calgon Carbon Corporation, CarboTech AC GmbH, CECA, Donau Chemie AG, Evoqua Water Technologies LLC, Haycarb PLC, Jacobi Carbons AB, Kalpachar Products Pvt. Ltd., Kuraray Co., Ltd., Kureha Corporation, Oriental Trading Co., Ltd., Osaka Gas Chemicals Co., Ltd., Reddy Emirates International LLC and Veolia Water Technologies among others.
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