The global Activated Carbon market is anticipated to grow significantly at a CAGR of 8.2% over the forecast period (2021-2027). The global activated carbon market is segmented on the basis of form type and end use. Based on the form type, the market is segmented as powdered, granular, and extruded/ pelletized. The powdered segment is likely to hold the most substantial share during the forecast period. The key aspect that drives the segmental growth of the global activated carbon market includes the increasing demand for the powdered form of the activated carbon from the automotive, food & beverage, and pharmaceutical industries due to its unique pore structure and high adsorption capacity.
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Whereas, based on the end use, the market is segmented as food & beverage, pharmaceutical, metal extraction, air & water purification, industrial chemicals, automotive, personal care & beauty products, and others. The other segment includes odor removal. The air & water purification segment is likely to hold the most substantial share during the forecast period. The key aspect that drives the segmental growth of the global activated carbon market includes the increased demand for the activated carbon for air & water purification applications from domestic as well as commercial users owing to the alarming levels of pollution across the globe.
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Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Form Type and End Use
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Advanced Emissions Solutions, Inc., Calgon Carbon Corp., Carbon Activated Corp., Jacobi Carbons Group?, Ingevity Corp., Kuraray Chemical Co. Ltd.?, Kureha Corp., and Osaka Gas Co. Ltd. among others
Global Activated Carbon Market – Segmentation
By Form Type
- Powdered
- Granular
- Extruded/ Pelletized
By End Use
- Food & Beverage
- Pharmaceutical
- Metal Extraction
- Air & Water Purification
- Industrial Chemicals
- Automotive
- Personal Care & Beauty Products
- Others
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
