Global Activated Carbon Market Witnessing a Slump due to COVID-19 – Market Report (2019-2026) by Industry Experts, Inc

By -

Industry Experts, Inc. released an updated global market research report on Activated Carbon. The report entitled "Activated Carbon – A Global Market Overview" focuses on the market for Activated Carbon product types, key applications and the major end-use sectors. Asia-Pacific is the principal global market for Activated Carbon, which is also likely to log the fastest 2019-2026 CAGRs of 6% and 6.7% for volume and value respectively.

Activated carbon's outstanding capability in adsorbing a number of impurities from liquids and gases renders it to be used on an extensive basis in several applications concerning air and water purification. Additional application areas for the material include the automotive, food & beverage and medical & pharmaceutical industries, although on a limited basis. The future market for activated carbon is also likely to derive benefit from a continuous stream of openings from a number of industrial processes that employ adsorption technologies.

Anticipation of the imminent development and availability of suitable vaccines against this pandemic has given impetus to manufacturing activities across the world and this is reflected in the market for Activated Carbon. The highs of demand witnessed during 2017-2019 are likely to taper off in 2020 and pick up momentum sometime during 2022, which will again depend on the ground situation.



Worldwide market for Activated Carbon product segments explored in this study includes Granular Activated Carbon, Powdered Activated Carbon and Other Activated Carbons. The report also analyzes the key applications of Activated Carbon comprising Gas Phase applications and Liquid Phase applications while discussing the major end-use sector markets covering Air Purification, Automotive Canisters, Food & Beverages, Medical & Pharmaceutical, Water Treatment and Others. The global markets for the above mentioned product types, application areas and end-use sectors are analyzed in terms of both volumes in metric tons and value USD.

This report reviews, analyzes and projects the Activated Carbon market for global and regional markets including North America, Europe, Asia-Pacific, South America and Rest of World in terms of both volume in metric tons and value in USD. These regional markets further analyzed for 15 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, Spain, Russia and the United Kingdom; Asia-Pacific – China, India, Japan and South Korea; South America – Argentina and Brazil. The market is analyzed for all of these key countries by product segment, applications and major end-use sectors in terms of both volume and value.

This 434 page global market study includes 369 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 47 key global players and 80 major players across North America – 22; Europe – 8; Asia-Pacific – 49; and South America – 1. The research also provides the listing of the companies engaged in manufacturing and supply of Activated Carbon. The global list of companies covers the address, contact numbers and the website addresses of 227 companies.

California based Industry Experts, Inc. is a multi-industry focused market research provider.

For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/activated-carbon-a-global-market-overview

Comments

Post a Comment

Popular posts from this blog

Demand for Europium to Reach US$373.3 million by 2030 Fostered by Phosphors and Consumer Electronic Applications

By -
Image
Industry Experts, Inc., has released its latest report on Europium Market , which projects the demand for the same to reach US$373.3 million by 2030 from an estimated US$267.1 million in 2024 at a CAGR of 5.7% between the two years. The demand for Europium in the global market is primarily being driven by a number of factors that include increasing demand of phosphors in various applications for making high-quality displays that offer higher cooling, energy efficiency and brightness in products, such as OLEDs & LCDs, which are used in televisions, smart phones, wearables  and other electrical & electronic equipment. Technological advancements have enhanced the methods of extracting, purifying and separating europium from other ores, thereby positively impacting its availability to manufacturers. Heavy investments in R&D for improving performance and overcoming supply challenges of this metal have determined the global market in yielding innovative solutio...
Read more

Oil & Gas Fuels Demand for Duplex Stainless Steel and Global Market to Reach $6 billion by 2030

By -
Image
Industry Experts, Inc., has released its latest report, on Duplex Stainless Steel market, which projects the demand for the same to reach US$6 billion by 2030 from an estimated US$4.4 billion in 2024 at a CAGR of 5.4% between the two years. Some of the factors instrumental in driving demand for Duplex Stainless Steel include its widespread use in the oil & gas industry in the form of pipes & tubes. Comprising an almost equal proportion of austenitic and ferritic steels makes this variety of stainless steel very strong and highly resistant to corrosion, owing to which its application across various important end-use sectors has been growing rapidly.  The construction & infrastructure industry is another major consumer of Duplex Stainless Steels, as they are ideal for making bridges and other infrastructure projects. Apart from this, the chemical processing industry, subject to extreme operating environments, also makes extensive use of Duplex Stainless Ste...
Read more

Copper Demand to Reach US$368.8 B by 2030 Propelled by the Wide Range of Applications of the Metal Across Sectors

By -
Image
Industry Experts, Inc., has released its latest report, on Copper , which projects the demand for Copper to reach US$368.8 billion by 2030 from an estimated US$269 billion in 2024 at a CAGR of 5.4% between the two years. The use of copper and its alloys is quite extensive, contributing significantly to economic development. Major end-user sectors of this vital element include transportation, construction, consumer products, electrical & electronics and industrial machinery. The global demand for copper has been maintaining a steady growth, as statistics reveal a 300% growth in the use of refined copper over the last five decades across the industries mentioned above, reaching about 26.5 million tons in 2023. Other than being used in its primary form, copper is also among the most recycled materials, owing to which the market for secondary copper has been posting considerable growth. With an estimated share of about 41% in 2024, Asia-Pacific is the largest global marke...
Read more