According to Verified Market Research, The Global Activated Carbon Market was valued at USD 6.99 billion in 2019 and is projected to reach USD 13.36 billion by 2027, growing at a CAGR of 9.1% from 2020 to 2027.
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Activated carbon is an organic compound which is porous in nature and has a function of adsorbing all the impurities. Activated carbon can be classified as granular activated carbon and powdered activated carbon and has its applications in various industries such as food and beverages, wastewater treatment and air purification systems. Activated carbon is a trending application designed as an eco-friendly strategy and is supported by government regulations as well. Rising water treatment industry has boosted the growth of the market.
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