Activated Carbon Market Growth Rate, Business Scenario Analysis By Global Industry Trend, Share, Sales Revenue and Opportunity Assessment till 2027
The global Activated Carbon market is forecasted to be worth USD 14.07 Billion by 2027, according to a current analysis by Emergen Research. The market is being driven by its wide application in the medical or pharmaceutical sectors. The activated carbon is used as an adsorbent to reduce the pollutants produced during the manufacture of drugs.
The report offers insightful information about the market dynamics of the Activated Carbon market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Activated Carbon market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Activated Carbon market.
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Leading Companies of the Activated Carbon Industry and Profiled in the Report are:
Key participants include Cabot Corporation, Kuraray Co. Ltd., Osaka Gas Co., Ltd., Calgon Carbon Corporation, Kureha Corporation, Silcarbon Aktivkohle GmbH, Oxbow Activated Carbon LLC, Prominent Systems Inc., Boyce Carbon, and Donau Carbon GmbH, among others.
Key Highlights from The Report
In November 2020, AquaShield launches Philips Water GoZero, a new category of Philips-branded hydration products focused on transforming how people consume water. The product makes it possible for consumers to sustainably enjoy clean and refreshing drinking water on the go from both natural sources and tap.
Granular activated carbon (GAC) is a proven option for the removal of certain chemicals, particularly organic chemicals, from water. GAC filters also remove chemicals that give objectionable tastes or odour to water, such as chlorine or hydrogen sulfide.
Coal-based activated carbon is considerably used in portable water purification, which is a major application end-use. The segment is forecasted to grow with a significant CAGR during the period 2020-2027.
In the automotive industry, activated carbon is used for the control of emissions, which removes VOCs and enhances the quality of cabin air. It is also used to create electrodes for supercapacitors. Automotive cabin air filters purify air to reduce the odors using activated carbon filter pads.
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Radical Highlights of the Activated Carbon Market Report:
Comprehensive overview of the Activated Carbon market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Activated Carbon market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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For the purpose of this report, Emergen Research has segmented into the global Activated Carbon Market on the type, raw material, end-use, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Polymer Coated Activated Carbon
Powdered Activated Carbon
Bead Activated Carbon
Granular Activated Carbon
Extruded Or Pelletized Activated Carbon
Other Activated Carbon
Raw Material Outlook (Revenue, USD Billion; 2017-2027)
Wood/Coal
Coconut Shell
Others
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Food & Beverage Processing
Automotive
Water Treatment
Pharmaceutical & Medical
Air Purification
Others
Regional Analysis of the Activated Carbon Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The current COVID-19 pandemic is expected to have an effect on the growth of the Activated Carbon industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Activated Carbon sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Activated Carbon industry.
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