Activated Carbon Market Analysis Size, Share, Trends Growth, Opportunities Forecast to 2026


Posted July 26, 2021 by leonfrancis

Activated Carbon Market By Product (Powdered, Granular, Extruded/Pelletized, Others), Raw Material (Coal-Based, Coconut Shell-Based, Wood-Based, Others), Application (Liquid Phase, Gas Phase)

 
Activated Carbon Market By Product (Powdered, Granular, Extruded/Pelletized, Others), Raw Material (Coal-Based, Coconut Shell-Based, Wood-Based, Others), Application (Liquid Phase, Gas Phase), End Use (Water & Wastewater Treatment, Food & Beverage Processing, Industrial Chemicals, Pharmaceutical & Medical, Automotive, Gas & Air Purification, Mining, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026 Lack in the availability of raw materials for the production of the product resulting in higher production costs; this factor is expected to restrict the growth of the market Presence of certain alternatives product offerings; this factor is expected to restrict the growth of the market.

Activated carbon market is expected to register a healthy CAGR of 10.08% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing usage of the product in different purification and treatment processing in different industries.

Global Activated Carbon Market is a type of processed carbon designed to provide smaller, lower-volume pores in its structure which help in increasing the surface area in filtration application. These pores help increase the absorption capacity, and therefor are utilized in purification in a number of processing industries such as food & beverages, oil & gas, pollution control, water & wastewater treatment among others. High levels of demand for water & wastewater processing industries; this factor is expected to drive the growth of the market Increasing concerns for the environment resulting in greater demand for purification and filter media; this factor is expected to drive the growth of the market Presence of strict regulations regarding the treatment of water and air in various industries; this factor is expected to augment growth of the market High levels of research and developments in the production of carbon; this factor is expected to drive the growth of the market.

Segmentation: Global Activated Carbon Market
In March 2018, Kuraray Co., Ltd. announced that they had completed the acquisition of Calgon Carbon Corporation, which will operate as a subsidiary of Kuraray Co., Ltd. alongside Kuraray’s Carbon Materials Business Division directly reporting to Functional Materials Company. The acquisition will have a positive complementary effect on Kuraray’s activated carbon and filtration media offerings while improving the environmental and sustainable product divisions of the company globallyIn November 2016, Calgon Carbon Corporation announced that they had completed the acquisition of CECA’s activated carbon and filter aid business. This combined enterprise will provide specialised presence and capabilities in the European region for activated carbon and other filtration media. The combined operations will be under the Chemviron brand name and will be integrated into Calgon Carbon’s European based business.
Global activated carbon market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of activated carbon market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:
Few of the major competitors currently working in the global activated carbon market are Osaka Gas Chemicals Co., Ltd.; Cabot Corporation; Kuraray Co., Ltd.; HAYCARB (PVT) LTD.; KUREHA CORPORATION; Donau Carbon GmbH; Silcarbon Aktivkohle GmbH; Prominent Systems, Inc.; OXBOW ACTIVATED CARBON; Advanced Emissions Solutions, Inc.; Albemarle Corporation; Carbon Activated Corporation; Evoqua Water Technologies LLC; Ingevity; CarboTech AC GmbH; Boyce Carbon and OTC among others.

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Capture Global activated carbon market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Global activated carbon market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

Browse Related Report:
Global Coal-Based Activated Carbon Market
Global Wood Activated Carbon Market

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Last Updated July 26, 2021