Global Activated Carbon Market 2021 Latest Trends

The global Activated Carbon market is forecasted to be worth USD 14.07 Billion by 2027, according to a current analysis by Emergen Research. The market is being driven by its wide application in the medical or pharmaceutical sectors. The activated carbon is used as an adsorbent to reduce the pollutants produced during the manufacture of drugs.

Activated carbon is a very good adsorbent and has a high specific surface area, which is applicable for mercury emission, which will foster the demand for the product in emission control applications. The environmental regulations to lower the mercury emissions from anthropogenic sources will favor the demand for the market.

Stringent regulations regarding the removal of mercury from the natural gas production units, power plant emissions and other anthropogenic sources are expected to propel the demand for activated carbon during the forecast period. Activated carbon is also used for water treatment in drinking water and industrial sectors, which will fuel the market growth.

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Key Highlights From The Report

In November 2020, AquaShield launches Philips Water GoZero, a new category of Philips-branded hydration products focused on transforming how people consume water. The product makes it possible for consumers to sustainably enjoy clean and refreshing drinking water on the go from both natural sources and tap.

Granular activated carbon (GAC) is a proven option for the removal of certain chemicals, particularly organic chemicals, from water. GAC filters also remove chemicals that give objectionable tastes or odor to water, such as chlorine or hydrogen sulfide.

Coal-based activated carbon is considerably used in portable water purification, which is a major application end-use. The segment is forecasted to grow with a significant CAGR during the period 2020-2027.

In the automotive industry, activated carbon is used for the control of emissions, which removes VOCs and enhances the quality of cabin air. It is also used to create electrodes for supercapacitors. Automotive cabin air filters purify air to reduce the odors using activated carbon filter pads.

Europe held a significant share due to stringent regulations, environmental concerns, and government initiatives to safeguard the environment. The economic scenario of the country is affecting the demand for the market.

Key participants include Cabot Corporation, Kuraray Co. Ltd., Osaka Gas Co., Ltd., Calgon Carbon Corporation, Kureha Corporation, Silcarbon Aktivkohle GmbH, Oxbow Activated Carbon LLC, Prominent Systems Inc., Boyce Carbon, and Donau Carbon GmbH, among others.

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Type Outlook (Revenue, USD Billion; 2017-2027)

Polymer Coated Activated Carbon

Powdered Activated Carbon

Bead Activated Carbon

Granular Activated Carbon

Extruded Or Pelletized Activated Carbon

Other Activated Carbon

Raw Material Outlook (Revenue, USD Billion; 2017-2027)

Wood/Coal

Coconut Shell

Others

End-Use Outlook (Revenue, USD Billion; 2017-2027)

Food & Beverage Processing

Automotive

Water Treatment

Pharmaceutical & Medical

Air Purification

Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

Europe

Asia Pacific

Latin America

MEA

Table of Content

Chapter 1. Methodology & Sources

1.1. Activated Carbon Market Definition

1.2. Activated Carbon Market Research Scope

1.3. Activated Carbon Market Methodology

1.4. Activated Carbon Market Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Activated Carbon Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Activated Carbon Market Segmentation & Impact Analysis

Continued..

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