Activated Carbon Market Technological Advancement, Drivers and Market Restraints Forecast To 2027


Posted October 4, 2022 by pranit10

Activated Carbon Market size was valued at US $5.22 Billion in 2020 and the Activated Carbon market revenue is expected to grow at 9.32% through 2021 to 2027, reaching nearly US $9.74 Billion.

 
Activated Carbon Market Overview:

Activated carbon, often known as activated charcoal, is a kind of graphite that is used to make pencil leads. It has a random, flawed structure that is very porous over a wide range of pore sizes, from apparent cracks and crevices to molecular dimensions, which sets it apart from graphite. The carbon's high surface area thanks to its graphite structure, which allows it to absorb a wide spectrum of chemicals. Activated carbon has the strongest physical adsorption forces of any substance known to mankind, as well as the largest volume of adsorbing porosity.

The definitions, categories, applications, and industrial chain structure as they stand at the time of writing were examined in the Activated Carbon Market Research Report. The study offers unbiased, expert analysis of the market's current condition, historical performance, rates of production and consumption, demand and supply, and projected income generation predictions. The strategic goals of the leading businesses in this sector are also covered in the market study on Activated Carbon. The study takes into account a variety of business and government transactions, mergers and acquisitions, brand marketing, product launches, alliances and collaborations, and business and government transactions.

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Activated Carbon Market Scope:

The study employs PESTLE analysis to evaluate the benefits and drawbacks of significant market participants. In order to forecast the market and offer investment guidance, the researcher carefully examines the size, share, trend, total profit, total revenue, and profit margin of the Activated Carbon market. advice on market changes from subject-matter experts.

Along with data on capacity and production, price and cost information, company profiles, product images, specifications, and contact details, the report also contains information on the major market participants. The trends, size, and value of the Activated Carbon market are examined at the global, regional, and corporate levels in this report. This study analyses the size of the global market for Activated Carbon using historical data and forecasts for the future.

Activated Carbon Market Segmentation:

Based on Type: In terms of revenue in 2020, the powder-activated carbon (PAC) segment dominated the overall market. Powdered activated carbon (PAC) has a higher surface-to-volume ratio than granular activated carbon because it has smaller particle size. As a result, PAC is frequently added directly to processing equipment like quick mix basins, clarifiers, and gravity filters.

Activated carbon is typically produced as powders or tiny granules with an average diameter of 0.15 mm to 0.25 mm and less than 1.0 mm in diameter. The effectiveness of PAC in adsorbing flavours and odours depends on proper mixing, contact time, dosage, as well as the origin and seriousness of the flavour or odour issue. PAC is used in many different applications, including wastewater treatment.

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Activated Carbon Market Key players:

Kuraray Co. Ltd. (Japan)
Haycarb Plc (Sri Lanka)
Kureha Corporation (Japan)
Jacobi Carbons AB (Sweden)
Calgon Carbon Corporation (United States)
Carbo Tech AC GmbH (Germany)
Carbon Activated Group (United States)
Ingevity (United States)
Tronox (United States)
Genuine Shell Carb (India)
COVID-19 Impact on Activated Carbon market:

Activated Carbons' market has been significantly impacted by the COVID-19 outbreak. The development of Activated Carbon production facilities has been halted due to the global economic downturn and a labour shortage. Production utilisation has decreased significantly and steadily as a result of the COVID-19 pandemic. Additionally, travel restrictions and facility closures have prevented staff from visiting their facilities, which will limit the growth of the Activated Carbon market in 2020. The market repercussions of COVID-19 are expected to be short-lived due to the high demand for Activated Carbon, though. The industry is anticipated to fully recover by early 2021.

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Tags activated carbon market
Last Updated October 4, 2022