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Showing posts with the label activated carbon market

Fueled by Environmental Concerns, Demand for Activated Carbon to touch $50 billion by 2030

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Industry Experts, Inc., has released its latest report on Activated Carbon Market , which projects the demand for the same be estimated at US$30.6 billion in 2024 and projected to reach US$49.6 billion by 2030 at a CAGR of 8.4% between the two years. Some of the factors instrumental in driving demand for Activated Carbon include growing application of this versatile material across a range of sectors, including water treatment, medical & pharmaceuticals, automotive, food & beverages and air purification, among others. Increase in concerns regarding the importance of pure water for personal, as well as industrial, uses provide further impetus for Activated Carbon, as the material is very effective in controlling synthetic organic chemicals in drinking water. Stringent rules regarding maintenance of water purity to ensure public health safety and rigorous air quality regulations aimed at reducing air pollution levels are also factors contributing to growing demand f...

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

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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 tec...

Air and Water Pollution Control Regulations to Drive Activated Carbon Market Growth to Touch $6.2 billion by 2022

Industry Experts has unveiled the new market research report on activated carbon. The new report ‘ Activated Carbon – A Global Market Overview ’ reveals that the Water Treatment consumes the largest amounts of activated carbons among all other end-use sectors. Water Treatment is estimated to account for about 824 thousand metric tons in 2016 valued at US$1.3 billion. Air Purification projected to be the fastest growing end-use sector during the analysis period 2016-2022 with a CAGR of 10.4% and expected to touch 1.2 million metric tons valued at US$2.4 billion by 2022 while Water Treatment is witnessing slightly slower growth with a CAGR of 10.3% for the same analysis period. Global demand for activated carbon is on an upswing, with prospects for future growth looking quite healthy. 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 an...