| Activated Carbon is a carbonaceous material with a profoundly evolved permeable design and an enormous inside surface region. It is made out of around 85–90% carbon and different components relying upon the unrefined substances utilized and the handling technique. The permeable design of the item permits it to retain different materials from fluids and gases and accordingly pertinent in eliminating harmful gases and components from modern waste effluents, vent gas, petroleum gas, and others. Gas decontamination, gold sanitization, metal extraction, decaffeination, air filtration units, and drugs are the significant applications served by the item.
Global Activated Carbon Market - Trends, COVID-19 impact and Growth Forecasts to 2026
ChemIntel360’s global Activated Carbon market study is a 150 slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications industry perspective. The industry is expected to grow at a CAGR of 6.2% mainly due to increasing consumption of Activated Carbon in water purification applications, the demand for which is projected to support market growth over the forecast period.
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Scope
This study contains global and regional Market size data. The numbers are broken down by application (Water Treatment, Food and Beverage Processing, Pharmaceutical and Medical, Automotive, Air Purification, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Activated Carbon Market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$6.5 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the Market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Regional Analysis
In view of area, the worldwide Activated Carbon Market has been isolated into Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. Asia-Pacific area is relied upon to rule the worldwide market development during the evaluation time frame.
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Competitive Landscape
Some of the key players operating in the global Activated Carbon are Cabot Corporation, Osaka Gas Chemicals Co., Ltd, Kuraray Co., Ltd, Haycarb (Pvt) Ltd, Kureha Corporation, Donau Carbon GmbH, DESOTEC Activated Carbon, Oxbow Activated Carbon, Silcarbon Aktivkohle GmbH, Karbonous Inc, and Lenntech BV. Cabot Corporation, Osaka Gas Chemicals Co., Ltd, Kuraray Co., Ltd, Haycarb (Pvt) Ltd, and Kureha Corporation.
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