Mon, 29 Nov 2021

The global Activated Carbon market is forecasted to be worth USD 14.07 Billion by 2027, according to a current analysis by Emergen Research. The market is being driven by its wide application in the medical or pharmaceutical sectors. The activated carbon is used as an adsorbent to reduce the pollutants produced during the manufacture of drugs.

Activated carbon is a very good adsorbent and has a high specific surface area, which is applicable for mercury emission, which will foster the demand for the product in emission control applications. The environmental regulations to lower the mercury emissions from anthropogenic sources will favour the demand for the market. The increased demand for activated carbon for water and gas-phase applications. The high demand from the U.S., and advancement in technology, growing awareness regarding health, and enhance the ability of people to obtain medical services are some of the driving factors of the market.

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Key Highlights from The Report

In November 2020, AquaShield launches Philips Water GoZero, a new category of Philips-branded hydration products focused on transforming how people consume water. The product makes it possible for consumers to sustainably enjoy clean and refreshing drinking water on the go from both natural sources and tap.

Granular activated carbon (GAC) is a proven option for the removal of certain chemicals, particularly organic chemicals, from water. GAC filters also remove chemicals that give objectionable tastes or odour to water, such as chlorine or hydrogen sulfide.

Coal-based activated carbon is considerably used in portable water purification, which is a major application end-use. The segment is forecasted to grow with a significant CAGR during the period 2020-2027.

In the automotive industry, activated carbon is used for the control of emissions, which removes VOCs and enhances the quality of cabin air. It is also used to create electrodes for supercapacitors. Automotive cabin air filters purify air to reduce the odors using activated carbon filter pads.

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Leading Companies of the Activated Carbon Industry and Profiled in the Report are:

Key participants include Cabot Corporation, Kuraray Co. Ltd., Osaka Gas Co., Ltd., Calgon Carbon Corporation, Kureha Corporation, Silcarbon Aktivkohle GmbH, Oxbow Activated Carbon LLC, Prominent Systems Inc., Boyce Carbon, and Donau Carbon GmbH, among others.

Key Points of Activated Carbon Market:

Extensive coverage of the analysis of the Activated Carbon market

Key insights into the regional spread of the industry in key geographies

Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market

Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Activated Carbon market

Complete data about the key manufacturers and vendors in the Activated Carbon market

Market Drivers:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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For the purpose of this report, Emergen Research has segmented into the global Activated Carbon Market on the type, raw material, end-use, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

Polymer Coated Activated Carbon

Powdered Activated Carbon

Bead Activated Carbon

Granular Activated Carbon

Extruded Or Pelletized Activated Carbon

Other Activated Carbon

Raw Material Outlook (Revenue, USD Billion; 2017-2027)

Wood/Coal

Coconut Shell

Others

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Food & Beverage Processing

Automotive

Water Treatment

Pharmaceutical & Medical

Air Purification

Others

Regional Analysis of the Activated Carbon Market:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Table of Content

Chapter 1. Methodology & Sources

1.1. Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Activated Carbon Market Segmentation & Impact Analysis

4.1. Activated Carbon Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Market indicators analysis

4.2.2. Market drivers analysis

4.2.2.1. Check Over Mercury Emission for Pollution Control Leading the Demand for Activated Carbon

4.2.2.2. Research and New Product Development

4.2.3. Market restraints analysis

4.2.3.1. Scarcity of Raw Materials

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter's Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Continued…!

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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Emergen Research | Web: www.emergenresearch.com

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