Activated Carbon Market Outlook to 2030: Top Manufacturer Analysis, Industry Overview and Forecast Report

Posted on 2023-01-03 by researchinsights in Chemicals // 0 Comments

San Francisco, California , USA, Jan 04, 2023 — /EPR Network/ —

Activated Carbon Industry Overview

The global activated carbon market size was valued at USD 3.44 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 2.9% from 2022 to 2030.

The main growth driver is predicted to be increased demand for water treatment and sewage treatment applications. The presence of a significant number of small pores on the surface of activated carbon, also known as activated charcoal, distinguishes it. The pores increase the surface area of the element, which increases its adsorption capacity. It is frequently utilized in potable water filtration and sewage treatment plants, among other applications.

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

Manufacturing technical developments are projected to boost growth even more. The key raw material used for manufacturing the product is a coconut shell, resin, wood, and viscose rayon. When a huge quantity of raw material is used in the manufacturing process, the carbon yield is high. The large supply-demand mismatch has caused raw material prices to skyrocket.

The pandemic of COVID-19 has hit every major sector. The major economies of the world had to impose lockdowns and restrictions to stop the spread of the virus. These steps had negative effects on all major economies. All industries and manufacturing units had shut down, which negatively impacted the supply chain. Key countries, including China, Germany, India, and Canada, witnessed an unfavorable effect on the demand for the product. However, the gradual opening up of various industries has led to stable growth in demand in the worldwide market. The purity of the product is largely dependent on the raw materials used. The GAC produced from wood contains calcium, whereas the ones manufactured from coal contain iron.

In addition, coconut-based contains 2-4% ash, and wood has 3-6% ash, bituminous & anthracite has 5-15%, whereas lignite has 25-30% ash content. Wood-based have a high proportion of meso and macropores in comparison to coal and coconut shell products. For the end-use industry, the water treatment industry dominated other industries, with a revenue share of 42.82%. This can be attributed to activated carbon’s capacity to remove particulate and dissolved pollutants. It also removes contaminants and chlorine from water. It is used to purify the air to remove hazardous gases, smells, and harmful dust particles in greenhouses and manufacturing plants. The product can also be used in the food and beverage processing, pharmaceutical and medical, and automotive industries.

Browse through Grand View Research’s Petrochemicals Industry Research Reports.

Benzene Market – The global benzene market size was estimated at USD 44.07 billion in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 6.1% from 2022 to 2030.
Silicone Surfactants Market – The global silicone surfactants market size was valued at USD 1.82 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2023 to 2030.

Activated Carbon Market Segmentation

Grand View Research has segmented the global activated carbon market report based on type, application, end-use, and region:

Activated Carbon Type Outlook (Revenue, USD Thousand; Volume, tons; 2018 – 2030)
- Powdered Activated Carbon
- Granular Activated Carbon
- Others
Activated Carbon Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
- Liquid Phase
- Gas Phase
Activated Carbon End-use Outlook (Revenue, USD Thousand; Volume, tons; 2018 – 2030)
- Water Treatment
- Food & Beverage Processing
- Pharmaceutical & Medical
- Automotive
- Air Purification
- Others
Activated Carbon Regional Outlook (Revenue, USD Thousand; Volume, tons; 2018 – 2030)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa (MEA)

Key Companies profiled:

Some prominent players in the global Activated Carbon market include

CarbPure Technologies
Boyce Carbon
Cabot Corporation
Kuraray Co.
CarboTech AC GmbH
Donau Chemie AG
Haycarb (Pvt) Ltd.
Jacobi Carbons Group
Kureha Corporation
Osaka Gas Chemicals Co., Ltd.
Evoqua Water Technologies LLC
Oxbow Activated Carbon LLC
Carbon Activated Corporation
Hangzhou Nature Technology Co., Ltd.
Datong Coal Jinding Activated Carbon Co.
CarbUSA
Sorbent JSC

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

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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