Activated Carbon Market will grow from US$ 8.23 billion in 2021 to $ 11.79 billion in 2026, recording a compound annual growth rate of above 11.46 % over the forecast period from 2021 to 2026.

Activated Carbon a highly adsorbent powdered or granular carbon made usually by carbonization and chemical activation and used chiefly for purifying by adsorption; these are the main factors that have considerably increased the demand for the in the market, thereby driving the huge growth of the market in the upcoming years

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Market Drivers and Restrains:

The main factors that have considerably increased the demand for the Activated Carbon in the market is mainly due to the demand for activated carbon are anticipated to increase due to the growing need for mercury control technology for industrial air purification applications. In the coming years, many production facilities in the US and Europe, including coal-fired power plants, clinker cement plants, and other facilities operating large industrial boilers, will be required to meet stringent new emission standards for mercury and other hazardous air pollutants overseen by the US Environmental Protection Agency (EPA). The EPA has set Maximum Achievable Control Technology (MACT) standards which require sources to meet specific emission limits that are based on the emission levels already achieved by the best-performing facilities; these are the main factors that have considerably increased the demand for the in the market, thereby driving the huge growth of the market in the upcoming years

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Report is segmented as:

Activated Carbon Market is segmented on the basis of by:

By Type:

(Powdered, Granular, Others (Pelletized, Bead))

By Application:

(Liquid Phase (Water Treatment, Foods & Beverages, Pharmaceutical & Medical)

By Gaseous Phase:

(Industrial, Automotive))

Geographical Segmentation:

Activated Carbon Market is segmented into

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America has the dominant share in the Activated Carbon is due to the demand for activated carbon has increased tremendously owing to strict regulations regarding the maintenance of air quality and due to the increasing number of municipal and industrial wastewater treatment plants these are the main factors that have considerably increased the demand for the Activated Carbon in the North America, followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Activated Carbon Market

Impact of COVID-19 on Market

Coved -19 pandemic has affected almost every industry, and the long-term effects are projected to impact the Activated Carbon growth during the forecast period. Covid-19 pandemic has impacted huge on the sales revenue of Activated Carbon market .The restrictions and lockdown imposed by the government in several countries has slow down the market and decrease the demand for Activated Carbon, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise the Activated Carbon market growth

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