Our latest research report entitled Activated Carbon Market (by type (powdered, granular activated carbon), application (liquid, gaseous phase), end-user (water & wastewater treatment, cosmetic industry, gas & air purification, mining, other end users)) provides complete and deep insights into the market dynamics and growth of Activated Carbon. The latest information on market risks, industry chain structure Activated Carbon cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Activated Carbon growth factors.
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Growing Use of Activated Carbon in Water Purification Coupled With Rising Investments in Infrastructure for Safe Drinking Water is on the Rise
Activated carbon, also referred to as activated charcoal, is used as colorants, and catalysts in industrial processes. Activated carbon is processed to create millions of pores between carbon items which in turn increases the surface area. The increased surface area helps in absorbing impurities from gas, vapors, and liquids. Owing to its usefulness in industrial processes the demand for activated carbon has surged over the past few years. Activated carbon can be produced from a number of organic, carbon-rich sources, including coal, wood, and coconut husks, to name a few. It boasts a unique physical structure that makes it one of the most extensively used adsorbents on the market.
The global activated carbon market is expected to be primarily driven by factors such as check over mercury emissions for pollution control, stringent regulations on water purification to escalate the demand for activated carbon and research and new product development. The growing use of activated carbon in water purification coupled with rising investments in infrastructure for safe drinking water is on the rise in developing nations, that in turn drives the growth of the market over the forecast period. In addition, rising applications of activated in the cosmetic and the pharmaceutical industry contributes to the growth of the activated carbon market.
However, the growth in the global activated carbon market is likely to be restrained by factors such as scarcity of raw materials causing price hikes of activated carbon in Asia-Pacific and weak economic conditions lowered industrial growth eventually impacting activated carbon sales. Further, the growing use of reactivated carbon provides an opportunity for activated carbon producers to maximize profits.
The Asia Pacific Dominates the Global Activated Carbon Market
Among the regions, Asia Pacific dominates the global activated carbon market. The rising industrialization, comparatively low manufacturing cost, and less stringent government regulations contribute to the growth of the Asia pacific activated carbon market. Additionally, the rising demand for water treatment products from the most populous nations such as China, India, and Indonesia among others increases the demand for the activated carbon in the Asian markets. Furthermore, North America and Europe are anticipated to have rapid growth during the forecast period owing to increasing measures in these regions to restore and protecting the environment.
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Report on Global Activated Carbon Market Covers Segments such as Type, Application, and End User
On the basis of type, the sub-markets include powdered activated carbon and granular activated carbon. On the basis of application, the sub-markets include liquid phase and gaseous phase. On the basis of end-user, the sub-markets include water & wastewater treatment, food & beverages, pharmaceuticals, cosmetic industry, gas & air purification, mining, automotive, and other end users.
The report provides profiles of the companies in the market such as Osaka Gas Co., Ltd., Cabot Corporation, Haycarb PLC, Kureha Corporation, Donau Carbon GmbH, Silcarbon Aktivkohle GmbH, Prominent Systems Inc., Oxbow Activated Carbon LLC, Clarimex, and other companies.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/chemical-material/global-activated-carbon-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Activated Carbon.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.