According to the new market research report "Activated Carbon Market by Type, Application (Liquid Phase (Water Treatment, Foods & Beverages, Pharmaceutical & Medical), Gas Phase (Industrial, Automotive), and Region (APAC, North America, Europe, Middle East, South America) - Global Forecast to 2026", The global activated carbon market is estimated to be USD 5.7 billion in 2021 and is projected to reach USD 8.9 billion by 2026, at a CAGR of 9.3% from 2021 to 2026. The driving factors for the activated carbon market is its applications in water treatment and air purification along with stringent government regulations regarding the removal of mercury from power plants have led to increasing acceptance of activated carbon products.
Don't miss out on business opportunities in Activated Carbon Market
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=362
The powdered activated carbon segment is projected to be the fastest-growing segment in the activated carbon market. Powdered activated carbon (PAC) has a relatively smaller particle size compared to granular activated carbon and consequently presents a large surface-to-volume ratio. Owing to this, PAC is generally added directly to process units, such as rapid mix basins, clarifiers, and gravity filters. Traditionally, activated carbon is made in particulate form as powders or fine granules less than 1.0 mm in size with an average diameter between 0.15 mm and 0.25 mm. The effectiveness of PAC in adsorbing tastes and odors depends on adequate mixing, contact time, dosage, and on the cause and concentration of the taste or odor problem. PAC is used for applications such as wastewater treatment. It has low initial cost, and the dosage of PAC can be adjusted as per the changing contaminant levels. However, PAC has a high operating cost, and if used continuously, it cannot be regenerated, produces large quantities of sludge, and the dust resulting from the small particles of PAC make handling difficult.
The use of activated carbon in the liquid phase application includes potable water treatment, groundwater treatment, decolorization, industrial water treatment, precious metal (gold) recovery, and chemical and pharmaceutical wastewater treatment. The demand for activated carbon for emerging applications such as for boiler feedwater treatment, in medical treatments for chronic kidney diseases, and in the electronic industry for the production of ultrapure water is expected to gain traction during the forecast period.
Browse and in-depth TOC on "Activated Carbon Market – Global Forecast to 2026"
299 – Tables 36 – Figures 190 – Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/activated-carbon-362.html
The global activated carbon market is estimated to be USD 5.7 billion in 2021 and is projected to reach USD 8.9 billion by 2026, at a CAGR of 9.3% from 2021 to 2026. The driving factors for the activated carbon market is its applications in water treatment and air purification along with stringent government regulations regarding the removal of mercury from power plants have led to increasing acceptance of activated carbon products.
Osaka Gas Co., Ltd. (Japan), Cabot Corporation (US), Kuraray Co. Ltd. (Japan), Haycarb Plc (Sri Lanka), and Kureha Corporation (Japan) among others are the leading activated carbon manufacturers, globally. These key players have focused on market consolidation by adopting both organic and inorganic growth strategies such as mergers & acquisitions. These companies adopted acquisitions as the key growth strategy between 2019 and 2021.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=362
Osaka Gas Co., Ltd. is a Japan-based producer of activated carbon. The company mainly operates through four business segments, namely, Gas; LPG, Electricity & other Energies; Life & Business Solutions; and International Energies. It produces activated carbon under the life & business solutions segment. The company produces activated carbon through its various subsidiaries, namely, Minabe Chemical Industries, Ltd. (Japan), Hakata Chemical Co., Ltd. (Japan), Davao Central Chemical Corporation (Japan), Century Chemical Works Sdn. Bhd. (Malaysia), and Jacobi Carbons AB (Sweden).
Cabot Corporation produces and sells specialty chemicals and performance materials. The company offers specialty compounds, rubber and specialty grade carbon blacks, fine cesium chemicals, fumed metal oxides, inkjet colorants, cesium formate drilling fluids, activated carbons, and aerogel. It offers activated carbon to various customers, including food and beverage processors, coal-fired utilities, pharmaceutical companies, water treatment plants and catalyst producers, and cesium formate products to oil and gas operating companies. The company sells and distributes its products primarily through distributors and sales representatives. It has business presence across the Americas, Europe, the Middle East, Africa, and APAC.
Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
See Campaign: http://www.marketsandmarkets.com/Market-Reports/activated-carbon-362.htmlContact Information:Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062