CORRECTION — Fact.MR
ROCKVILLE, Md., March 09, 2022 (GLOBE NEWSWIRE) — In a release issued on Tuesday, March 8th by Fact.MR, please note that the words ‘Activated Carbon Market’ have been added to the headline. The corrected release follows:
Europe and North America, Activated Carbon Market to Collectively Generate 44% Revenue Share By 2031, And Is Expected To Grow At A CAGR Of 5% By The End Of 2031
Activated Carbon Market Analysis By Product (Powdered, Granular, Pelletized, Extruded), By Phase (Liquid Phase, Gas Phase), by End-use (Water Treatment, Food Applications, Pharmaceutical, Automotive Applications, Air Purification Applications, Gas Purification, Supercapacitor Applications), by Region – Global Forecast 2022-2032
As per Fact.MR – a market research and competitive intelligence provider, the global activated carbon market is expected to grow 1.4X in value by 2031.
Activated carbon is an organic compound that is porous and has the capacity to absorb all pollutants. Activated carbon is normally obtained from charcoal and is popularly used in water and sewage treatment owing to its capacity to remove particulate and dissolved impurities. It also reduces certain organic impurities and eliminates chlorine from water.
Activated carbon is utilized in greenhouses and manufacturing industries for air cleaning and to remove toxic gases, odours, and harmful dust particles. Food and beverage processing, pharmaceutical & medical, and automotive industries are other prominent application areas of activated carbon.
The global activated carbon market has witnessed strong growth owing to growing demand for water treatment applications, development in technology, increasing awareness about health, and rising capability of people to obtain medical services.
Request a sample to get extensive insights into the Activated Carbon Market at https://www.factmr.com/connectus/sample?flag=S&rep_id=5342
How are Stringent Pollution Control Regulations in the U.S. Nudging Demand for Activated Carbon?
The U.S., activated carbon market is estimated to expand at a CAGR of over 3% through the forecast period. Key factors driving the market growth include augmenting prominence for air pollution control.
However, the market faces few challenges, narrower markets, due to increased costs of some grades of activated carbon, and the threat of substitutes, namely silica gel and super sand.
Conformance to stringent environmental regulations in water treatment application is expected to drive the market growth during forecast period.
Emerging applications of activated carbon in the medical and pharmaceutical sector are likely to act as an opportunity in the future.
Key Segments Covered in Activated Carbon Industry Research
By Product
- Powdered Activated Carbon
- Granular Activated Carbon
- Pelletized Activated Carbon
- Extruded Activated Carbon
By Phase
- Liquid Phase
- Gas Phase
By End Use
- Activated Carbon in Water Treatment
- Activated Carbon for Food Applications
- Activated Carbon for Pharmaceutical & Medical Applications
- Activated Carbon for Automotive Applications
- Activated Carbon for Air Purification Applications
- Activated Carbon for Gas Purification
- Activated Carbon for Supercapacitor Applications
- Activated Carbon for Metal Extraction
- Activated Carbon in Industrial Processing
To learn more about Activated Carbon Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=5342
Competitive Landscape
Activated carbon manufacturers are highly focused on research and development activities by using technologies to develop new products for specific use.
Such research and development activities of activated carbon producers enable to develop better products for specific applications namely, for hydrogen sulfide removal, while competing with the existing products offered by competitors. Major companies provide activated carbon products in both granular as well as powdered form and for almost all applications.
Some of the key developments are:
- In June 2016 Cabot Corporation (U.S) opened new technology centre in Shanghai (China) for research and development activities of activated carbon.
- In November 2016, Calgon Carbon Corporation acquired the activated carbon and filter aid business of CECA which is the subsidiary of Arkema Group (France).
- In September 2016, Cabot Corporation launched new activated carbon product under the brand DARCO H2S HF for odour control applications and hydrogen sulfide removal.
- In March 2016, Osaka Gas Co., Ltd commenced the activated carbon reactivation centre in Spain to serve the municipal drinking water market in the Japan.
Key Companies Profiled:
- Osaka Gas Co. Ltd.
- Cabot Corporation
- Kuraray Co.
- Calgon Carbon
- Haycarb
- Kureha Corporation
- Donau Carbon GMBH
- Silcarbon Aktivkohle GMBH
- Prominent systems Inc.
- Oxbow activated carbon LLC
Stuck in a neck-to-neck competition with other brands? Purchase a copy of report on Activated Carbon Market at- https://www.factmr.com/checkout/5342
Explore Fact.MR’s Coverage on the Chemical & Materials Domain –
Calcium Market Research– Calcium is used in a variety of industries as a base element, fluxing agent, refining agent, finishing agent, setting agent, and fertilizer, including paper and pulp, chemical, pharmaceuticals, construction, and sugar processing. Calcium composites are used in a wide range of industries, and the demand for calcium is rising as a result of the fast expanding number of infrastructure expansions brought on by globalization. Furthermore, the construction industry’s expansion, combined with government investments in infrastructure development, has boosted demand for calcium.
Calcium Sulphite Market Scope– Calcium sulphite is a calcium salt of sulfurous acid that comes in two crystalline forms: hemihydrate and tetrahydrate. Calcium sulfite market has grown in importance over the years as a result of its widespread use as an antioxidant in the food and pharmaceutical industries. Calcium sulphite’s high reductant and poisonous activity against oxidizing bacteria, as well as its capacity to limit the production of acid in coal waste, are projected to drive demand in the projection term. Because of the rise of the food industry, the worldwide calcium sulphite market is expected to grow significantly.
Calcium Acetate Market Growth– The growing demand for calcium acetate products in the food and pharmaceutical industries is driving the market. Calcium acetates are in high demand all around the world. Calcium acetate is used to treat excessive blood pressure in dialysis patients. Dialysis eliminates some phosphate from the blood, but not nearly enough to keep your phosphate levels in check. Because of the cumulative demand for the product from the food and beverage industry, the calcium acetate market is likely to rise significantly throughout the forecast period.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Access MarketNgage: The On Demand, Subscription based platform from Future Market Insights
Now avail flexible Market Research Subscription through MarketNgage, the Market Research Subscription Platform from Future Market Insights and other iconic market research powerhouses. Go beyond just reports and access research multi-format through downloadable executive summaries, chapters, databooks, infographics, charts, interactive playbook for data visualization and full reports across all major industries, 200+ sub sectors and 1200+ niche markets, through MarketNgage.
Sign Up for a 7 day free trial!
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: [email protected]
Tel: +1 (628) 251-1583
Disclaimer: This content is distributed by The GlobeNewswire
