Press release
Activated Carbon Market Size is Anticipated to Reach a Value of USD 4609.7 Million By the End of 2027 - Valuates Reports
The global Activated Carbon market was valued at US$ 3020.4 million in 2020 and it is expected to reach US$ 4609.7 million by the end of 2027, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during 2021-2027Activated carbon is an excellent adsorbent with a developed internal pore structure and a huge surface area. It has been widely used in industrial wastewater, waste gas and air purification equipment, organic synthesis, food and medicine, and other industries, as well as military and high-tech industries.
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Activities in research and development are increasingly focused on generating activated carbon from cheap sources and slowly reducing the use of costly commercial activated carbon. These advances in technology play a key role in reducing the activated carbon production costs and, at the same time, the bio-waste disposal costs. Thus the increase in R&D is expected to fuel the growth of activated market size during the forecast period.
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future.
The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production in the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
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Asia-Pacific is the largest Activated Carbon market with about 41% market share. Americas is a follower, accounting for about 30% market share.
The key players are Kuraray, Osaka Gas Chemicals, YL, CABOT, Ingevity, Haycarb, JD, Shenhua Group, ADA-ES, Fujian Xinsen Carbon, MULINSEN ACTIVATED CARBON, Shanxi XinHua Chemical, Boyce Carbon, DESOTEC Activated Carbon, HuaHui-Carbon, ZHI XING, Silcarbon Aktivkohle GmbH, Jiangsu Zhuxi Activated Carbon, Inner Mongolia TaiXi Coal Group, Active Char Products, etc. The top 3 companies occupied about 24% market share.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Activated Carbon Market by Type
➣Powder Activated Carbon
➣Granular Activated Carbon
➣Others
Activated Carbon Market by Application
➣Water Treatment
➣Air Purification
➣Mercury Removal Treatment
➣Food And Drinks
➣Industrial
➣Pharmaceutical
➣Others
Major Companies in the Activated Carbon Market
➣Kuraray
➣Osaka Gas Chemicals
➣YL
➣CABOT
➣Ingevity
➣Haycarb
➣JD
➣Shenhua Group
➣ADA-ES
➣Fujian Xinsen Carbon
➣MULINSEN ACTIVATED CARBON
➣Shanxi XinHua Chemical
➣Boyce Carbon
➣DESOTEC Activated Carbon
➣HuaHui-Carbon
➣ZHI XING
➣Silcarbon Aktivkohle GmbH
➣Jiangsu Zhuxi Activated Carbon
➣Inner Mongolia TaiXi Coal Group
➣Active Char Products
by Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA
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