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Gulf Cooperation Council (GCC) Activated Carbon Market Competitive Landscape by 2024

Activated carbon is a porous material which is used to adsorb contaminants. Increasing water treatment processes in the GCC region is expected to drive activated carbon market demand. GCC countries experience water scarcity due to low rainfall, low underground water levels and rising water demand from the agricultural sector. This trend has compelled strict water treatment process implementation for water recycling. The Gulf Cooperation Council (GCC) Activated Carbon Market is expected to reach USD 330.3 million by 2024, according to a new report by Grand View Research, Inc. High pollution emission as compared to other Gulf countries is a cause of concern for GCC countries. These countries have been trying to reduce emission levels by employing activated carbon medium for flue gas treatment. Government initiatives to curb pollution are expected to grow during the forecast period thus driving the GCC activated carbon market growth. Exhausted activated carbons can be recycled by...

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 treat...