Activated Carbon Market 2023: Industry Survey, Growth, Competitive Landscape and Forecasts to 2023

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Activated Carbon Market 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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 Activated Carbon Market 2023
Activated Carbon  Market 2023 Industry Survey,
Growth, CompetitiveLandscape and Forecasts to
2023

• The activated carbon market is projected to be
  valued at USD 7,032.5 million by the end of 2023
  and expected to exhibit a CAGR of 8.14 during
  the forecast period. The use of activated carbon
  is increasing as an adsorbent in the water
  purification process due to its easy maintenance,
  natural filter media, and low cost. It helps in
  removing organic compounds and extracting
  chlorine from water and makes it suitable for use
  in the manufacturing processes.
• The air purification application segment is
  expected to be the second major consumer of
  activated carbon, due to the growing adoption of
  granular and powdered activated carbon to adsorb
  VOCs from the air, natural gas purification, and
  removal of mercury, H2S, and BTX. Moreover, the
  use of activated carbon is also growing in the
  pharmaceuticals industry. It is used to remove
  impurities from pharmaceuticals due to its
  excellent adsorption capacity, excellent
  batch-to-batch consistency, and high purity
  level. The pharmaceutical industry is growing on
  account of the rising prevalence of diseases,
  which is expected to boost the growth of the
  global market during the forecast period.
• However, raw material price fluctuations and
  supplydemand gap are factors expected to hamper
  the growth of the global market during the
  forecast period. Nevertheless, in the coming
  years, the use of activated carbon is estimated
  to grow in smart electronics and electric
  vehicles, which is expected to create lucrative
  opportunities for the market players.

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Activated Carbon Market 2023

• Competitive Landscape
• Cabot Corporation (US)
• Osaka Gas Chemicals Co., Ltd (Japan),
• Kuraray Co., Ltd (Japan), Haycarb (Pvt) Ltd (Sri
  Lanka)
• Kureha Corporation (Japan)
• Enquiry of the Report https//www.marketresearchf
  uture.com/enquiry/1744

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Activated Carbon Market 2023
Regional Analysis

• The global activated carbon market is studied
  with respect to five key regions, namely Asia
  Pacific, Europe, North America, Latin America,
  and the Middle East Africa.
• As per MRFR analysis, Asia-Pacific dominated the
  global market, accounting for the largest share
  in 2017 and is projected to register a CAGR of
  9.93 during the forecast period.
• The market in North America was the
  second-largest after Asia-Pacific and is
  projected to be valued at USD 1,343.0 by the end
  of 2023.
• Europe also held a substantial market share of
  15.53 in 2017.
• Access Full Report Details and Order this Premium
  Report https//www.marketresearchfuture.com/rep
  orts/activated-carbon-market-1744
•  

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Activated Carbon Market 2023
Application Major Players in this Research

• Water Purification
• Air Purification
• Food Beverage
• Pharmaceuticals
• Industrial Chemicals
• Automotive
• Metal Extraction
• Catalyst
• Others

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