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Activated Carbon Market Global Trend Overview and 2021 Forecast

Increasing demand for air & water purification in the coal-fired plants, clinker cement industries is expected to drive the demand for granular and powdered activated carbon. The Global Activated Carbon Market is expected to reach USD 10.15 billion by 2024, according to a new report by Grand View Research, Inc.
 

Activated carbon possesses a high degree of micro porosity and adsorption properties, owing to which it is preferred in air and water purification across various end-use industries.

Applications in the removal of mercury, acid gas toxins along with metallic emissions from coal & oil powered plants are expected to fuel industry growth. Rising concerns regarding drinking water safety along with a shift in trend towards adopting healthy lifestyle are anticipated to drive market demand.

Increasing environmental pollution due to industrial and vehicular emissions is projected to fuel air purification segment. Water treatment applications include municipal treatment, domestic water filters, and groundwater remediation. Food & beverage industry uses activated carbon to remove odor & color from various products. These carbons are used in pharmaceutical industry to cure poisoning due to toxins ingestions.

Various regulations promoting the use of activated carbons in air and water treatments plants are expected to trigger demand over the forecast period. U.S. EPA regulations governing mercury emissions from coal power plants are projected to drive the activated carbon consumption over the next eight years. EU waste water directives regulate water pollution and wastewater from municipal and industrial sources.

To Know More About Activated Carbon Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/activated-carbon-market

Top Players of Activated Carbon Market:

Key market participants include Kureha Corporation, Carbon Activated Corporation, ADA-ES Inc., Haycarb PLC, Carbotech, Carbon Resources LLC, Cabot Corporation, MeadWestvaco Corporation, and Calgon Carbon Corporation.

Market Segmentation of Activated Carbon Market:

The Global Activated Carbon Market segmented on the basis of Product, Application, End-Use and Region.

By Product:

    Powdered Activated Carbon
    Granulated Activated Carbon

By Application:

    Liquid Phase
    Gas Phase

By End-Use:

    Water Treatment
    Food & Beverage Processing
    Pharmaceutical & Medical
    Automotive
    Air purification

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Activated Carbon Market with Our Experts @ https://www.grandviewresearch.com/inquiry/220

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