Global Activated Carbon Market Growth and Demand, Projected Market Research

1. Activated Carbon Market Report Trend & Growth Rate Report In the report,Activated Carbon Market Report has been analyzed through a segmental perspective. The market segmentation allows a deeper understanding of the market hotspots. Activated Carbon Market Activated carbon is a form of carbon processed to have minor, low-volume pores that increase the surface area available for adsorption or chemical reactions. Generally, from charcoal activated carbon is extracted. Activated carbon, also recognized as activated charcoal is categorized by the presence of a large number of tiny pores on its surface. Higher the number of pores, greater will be the surface area, which increases the adsorption capacity of the element. Market Drivers The growing need for mercury control technology for industrial air purification applications is the key driving factor to increase the demand for activated carbon. Get Sample Copy of this Report @ https://qualiketresearch.com/request-sample/Activated- Carbon-Market/request-sample

2. Also, activated carbon removes the impurities from water primarily through surface adsorption and most of the water treatment filters are made up of granular activated carbon. Hence increasing manufacturing & environmental standards are supporting growth of activated carbon industry. Market Restraints Natural calamities are significantly affecting the value chain of the activated carbon market, especially raw materials. Hence, the price of raw materials, mainly coconut shell charcoal, has increased and it is restraining the growth of market. Capital cost, access to advanced technology, and limited raw material availability, especially coconut shells are hindering the entry of new players. Also, Weak economic conditions across the globe, have directly impacted industrial growth to some extent. Market Segmentation Activated Carbon Market is segmented By Product Type (Powdered Activated Carbon, Granular Activated Carbon, Other Activated Carbon), By Application (Liquid phase, Gaseous phase), By End User (Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification, Others), By Region (APAC, North America, Europe, South America, Middle East & Africa). Get discount on this report @ https://qualiketresearch.com/request-sample/Activated-Carbon- Market/ask-for-discount Regional Analysis The Asia-Pacific region is the largest market for activated carbon. Factors like ready availability of raw materials and manpower, along with sophisticated technologies and innovations, have driven economic growth in the APAC region. Coconut shells are one of the confirmed and most broadly used raw materials for manufacturing activated charcoal. Few APAC countries including the Philippines, Indonesia, Malaysia, India, and Sri Lanka have perfect tropical weather suitable for steady coconut cultivation, thus, making Asia Pacific one of the major sources of raw material globally. North America is the 2nd largest market after Asia Pacific. Developed regions such as North America and Europe are anticipated to observe moderate growth owing to the saturation of end use industries and a weak economic scenario, particularly in Europe. Market Key Players

3. The key companies of the activated carbon market are Cabot Corporation, Jacobi Carbons Group, Ingevity, Kuraray Co Ltd, Haycarb (Pvt) Ltd, Calgon Carbon Corp., Osaka Gas Chemical Co. Ltd., Evoqua Water Technologies LLC., Kureha Corporation., Siemens Water Technologies Corp., Comelt S.p.A. Industry development In February 2021, Ingevity Corporation expanded its activated carbon production capacity following significant debottlenecking and equipment upgrades completed and verified in late December at its facility in Zhuhai, China. The Zhuhai plant has been in operation since 2015 and includes activated carbon production and state-of-the-art automotive applications. In June 2020, Calgon Carbon Corporation announced that it intends to expand capacity at its Pearlington, Mississippi plant by adding a second virgin activated carbon production line. The estimated investment in the additional production line will be USD 185 million. When completed, Calgon Carbon’s virgin granular activated carbon capacity will exceed 200 million pounds per year. Browse Full Research Report @ https://qualiketresearch.com/reports-details/Activated-Carbon- Market

4. Get in touch QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. Contact Person: Vishal Thakur Research Support Specialist QualiKet Research 6060 N Central Expy #500, TX 75204, U.S.A sales@qualiketresearch.com Website: https://qualiketresearch.com