Environment/Ecosystem | Market Reports

By 2026, the market for activated carbon will be valued USD 8.9 billion with a CAGR of 9.3%.

Published: March 20, 2023
Author: DIGITAL MEDIA EXECUTIVE
According to a new market research report, the Activated Carbon Market by Type, Application (Liquid Phase (Water Treatment, Foods & Beverages, Pharmaceutical & Medical), Gas Phase (Industrial, Automotive), and Region (APAC, North America, Europe, Middle East, South America) – Global Forecast to 2026″, The global activated carbon market is estimated to be USD 5.7 billion in 2021 and is projected to reach USD 8.9 billion by 2026, at a CAGR of 9.3% from 2021 to 2026. The driving factors for the activated carbon market is its applications in water treatment and air purification along with stringent government regulations regarding the removal of mercury from power plants have led to increasing acceptance of activated carbon products.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=362

Browse

  • 299 Market data Tables
  • 36 Figures
  • 190 Pages and in-depth TOC on “Activated Carbon Market – Global Forecast to 2026″

This report also provides a comprehensive analysis of the companies listed below:

Osaka Gas Co., Ltd. (Japan), Cabot Corporation (US), Kuraray Co. Ltd. (Japan), Haycarb Plc (Sri Lanka), and Kureha Corporation (Japan) among others.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=362

Powdered activated carbon segment to witness highest CAGR during the forecast period

The powdered activated carbon segment is projected to be the fastest-growing segment in the activated carbon market. Powdered activated carbon (PAC) has a relatively smaller particle size compared to granular activated carbon and consequently presents a large surface-to-volume ratio. Owing to this, PAC is generally added directly to process units, such as rapid mix basins, clarifiers, and gravity filters. Traditionally, activated carbon is made in particulate form as powders or fine granules less than 1.0 mm in size with an average diameter between 0.15 mm and 0.25 mm. The effectiveness of PAC in adsorbing tastes and odors depends on adequate mixing, contact time, dosage, and on the cause and concentration of the taste or odor problem. PAC is used for applications such as wastewater treatment. It has low initial cost, and the dosage of PAC can be adjusted as per the changing contaminant levels. However, PAC has a high operating cost, and if used continuously, it cannot be regenerated, produces large quantities of sludge, and the dust resulting from the small particles of PAC make handling difficult.

Liquid phase application segment to witness higher CAGR during the forecast period.

The use of activated carbon in the liquid phase application includes potable water treatment, groundwater treatment, decolorization, industrial water treatment, precious metal (gold) recovery, and chemical and pharmaceutical wastewater treatment. The demand for activated carbon for emerging applications such as for boiler feedwater treatment, in medical treatments for chronic kidney diseases, and in the electronic industry for the production of ultrapure water is expected to gain traction during the forecast period.

Inquire Now: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=362

Trending Plastics Industry Reports

Related Posts

Momentum Expands Its Industry-Leading Repertoire With The Launch Of Pindrop, A Comprehensive Range Of Rigid Acoustic Solutions