Activated Carbon Market Size Worth USD 14.07 Billion by 2027 Growing at a CAGR of 9.6% | Emergen Research

Activated Carbon Market Size Worth USD 14.07 Billion by 2027 Growing at a CAGR of 9

Vancouver, British Columbia, Dec. 02, 2020 (GLOBE NEWSWIRE) — The Global Activated Carbon Market is forecast to be worth USD 14.07 Billion by 2027, according to the current analysis by Emergen Research. The soaring demand for filtered and unadulterated freshwater, especially from developing and underdeveloped regions, is boosting the market demand. The increasing demand for activated carbon in water treatment applications will foster the growth of the market in the coming years.Investment in research and development activities is crucial to focus on the production of activated carbon derived from cheap sources and moderate minimization of expensive commercial activated carbons.Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ market is witnessing high demand for the treatment of various pollutants, including dyes, ions, and a range of organic pollutants, which will boost the activated carbon demand during the forecast period. The remediation of wastewater by the use of activated carbon have gained substantial attention as such advancement in technology will stimulate the activated carbon market.The availability of raw materials will be restricted due to environmental factors, which may lead to a hike in prices. This may have a negative impact on the activated carbon market. This may be due to the new demand for mercury, mercury control technology, and its derivatives being hazardous in nature.Key Highlights From The ReportIn November 2020, Acer launched its new product range, ‘Acerpure cool’ 2-in-1 air purifier and circulator, in the Indian market ahead of Diwali. The acerpure cool’s 3-in-1 HEPA13 filter consists of Ag+ silver-coated filter, and the activated carbon filter removes 99.97% of particles and also eliminates gasses and odors.The major objective of the powdered activated carbon dosage is to adsorb toxic substances or material from wastewater that is tough to degrade, to permit the biological degradation process to take place without any hindrance.  Powdered activated carbon production and dosage system are needed in aeration tanks for dosage.Coconut shell is among the main feedstock materials used for the production of the product. A rise in the production of coconut propels the activated carbon industry. The segment is expected to grow with a significant share during the forecast period.In the food and beverage sector, activated carbon is used to remove contaminants or impurities, such as odor and color from food liquids, sweeteners, beverages, syrups, organic and amino acids. An increase in demand for processed food and beverage is a driving factor for the segment.North America held a significant share due to the saturation of end-use industries and moderate growth rate. The U.S. is expected to have high demand headed by Mexico and Canada.Key participants include Cabot Corporation, Kuraray Co. Ltd., Osaka Gas Co., Ltd., Calgon Carbon Corporation, Kureha Corporation, Silcarbon Aktivkohle GmbH, Oxbow Activated Carbon LLC, Prominent Systems Inc., Boyce Carbon, and Donau Carbon GmbH, among others. ORDER NOW (Customized Report Delivered as per Your Specific Requirement)@ the purpose of this report, Emergen Research has segmented into the Global Activated Carbon Market on the type, raw material, end-use, and region:Type Outlook (Revenue, USD Billion; 2017-2027)Polymer Coated Activated CarbonPowdered Activated CarbonBead Activated CarbonGranular Activated CarbonExtruded Or Pelletized Activated CarbonOther Activated CarbonRaw Material Outlook (Revenue, USD Billion; 2017-2027)Wood/CoalCoconut ShellOthersEnd-Use Outlook (Revenue, USD Billion; 2017-2027)Food & Beverage ProcessingAutomotiveWater TreatmentPharmaceutical & MedicalAir PurificationOthersTo identify the key trends in the industry and read full summary click on the link: Outlook (Revenue, USD Billion; 2017-2027)North AmericaU.S.CanadaEuropeGermanyU.K.FranceBENELUXRest of EuropeAsia PacificChinaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAERest of MEATake a Look at our Related Reports:Spherical graphite market size was valued at USD 2,435.8 Million in 2019 and is forecasted to reach USD 9,598.8 Million by 2027 at a CAGR of 18.6%. The spherical graphite market is observing a double-digit growth attributed to its increasing usage in lithium-ion battery production.Sodium dichromate market size was valued at USD 759.2 Million in 2019 and is forecasted to reach USD 1,242.4 Million by 2027 at a CAGR of 6.3%. The sodium dichromate market is observing high demand attributed to its increasing application in pigment, metal finishing, chromium compounds preparation, leather tanning, and wood preservative.Acoustic insulation market size was valued at USD 12.94 Billion in 2019 and is forecasted to reach USD 19.64 Billion by 2027 at a CAGR of 5.3%. The acoustic insulation market is observing high demand attributed to its increasing application in building & construction, automotive, aerospace, and manufacturing.About Emergen ResearchEmergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.Emergen Research | Web:
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