Global Activated Carbon Market Size & Share to Surpass

WASHINGTON, Oct. 10, 2022 (GLOBE NEWSWIRE) -- According to a recent report from vantage Market Research, the global activated carbon market was valued at USD 5,689.7 Million in 2021, and it is anticipated to reach USD 10,947.3 Million by 2028, expanding at a compound annual growth rate (CAGR) of 9.8% from 2022 to 2028. The research provides a comprehensive analysis of the most successful strategies, current and emerging market trends, market size and estimations, value chain, key investment pockets, drivers and opportunities, competitive landscape, and regional landscape. For new entrants, shareholders, frontrunners, and shareholders alike, the report is a helpful source of information that can be used to introduce important strategies for the future and take essential steps to considerably enhance and heighten their position in the market.

Download Free Sample Report @ https://www.vantagemarketresearch.com/activated-carbon-market-1187/request-sample

Market Overview:

Use of Mercury Control Technology for Industrial Air Purification Boost the Market Demand

The increasing need for mercury control technology for industrial air purification is accelerated the large demand for activated carbon market growth. In addition, due to the various stringent regulations imposed by government to meet specific emission limits is further fuelling the activated carbon market demand. For instance, U.S. Environmental Protection Agency (EPA), has set Maximum Achievable Control Technology (MACT) standards to meet specific emission limits. With this regards, various countries provide production facilities including clinker cement plants, coal-fired power plants, and some other facilities by following these standards. In addition, various leading companies started introducing new activated carbon product that supports for various applications such as food and beverage processing, municipal drinking water, industrial pollution control, odour removal, and many more. This is also considered as one of the major growth factors for activated carbon market. For instance, Cabot Corporation launched activated carbon product for hydrogen sulfide removal and odour control applications. However, hikes in the prices of activated carbon are responsible for hindering the growth of the market. Whereas, use of reactivated carbon will provide various growth opportunities of the market in the near future.

Top Players in Global Activated Carbon Market:

Cabot Corporation
Kuraray Co. Ltd.
Haycarb PLC
Kureha Corporation
Jacobi Carbons AB
BASF SE
Donau Carbon GmbH
Silcarbon Atkivkohle GmbH
Prominent Systems Inc.
Oxbow Activated Carbon LLC
Calgon Carbon Corp.
Osaka Gas Chemical Co. Ltd.
Evoqua Water Technologies LLC

COVID-19 Impact Analysis:

The COVID-19 outbreak has affected various industries worldwide. The Activated Carbon Market is no exception. Governments across the world took severe actions like border seals, lockdown, and implementing strict social distancing measures, in order to stop swift spread of COVID-19. These actions led to severe impact on the global economy impairing various industries. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data-points:

Impact Assessment of COVID-19 Pandemic
1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa
Quarterly Market Revenue Forecast by Region 2020 & 2021
Key Strategies Undertaken by Companies to Tackle COVID-19
Long Term Dynamics
Short Term Dynamics

Immediate Delivery Available | Buy this Premium Research Report@ https://www.vantagemarketresearch.com/buy-now/activated-carbon-market-1187/1

The Report on Activated Carbon Market Highlights:

Assessment of the market
Company Profiles
Premium Insights
Competitive Landscape
Historic Data, Estimates and Forecast
COVID Impact Analysis
Global and Regional Dynamics

Asia Pacific Dominates the Global Activated Carbon Market

Asia Pacific held largest market share in 2021. This growth is attributed owing to the easy availability of raw materials along with advance technologies and various innovations in the development of new product in this region. In addition, increasing end-use industries such as petrochemicals, food & beverages and chemical is expected to witness the fast growth of the market in this region. Furthermore, large presence of leading manufacturers in this region is propelling the market growth in the coming years. For Instance, Osaka Gas Co., Ltd., a Japanese gas company, has started a new project for Activated Carbon Fibers (ACF) Air Purification Unit in the Republic of Indonesia.

Download Full Report (147 Pages PDF with Insights, Charts, Tables, Figures) at@ https://www.vantagemarketresearch.com/industry-report/activated-carbon-market-1187

Recent Developments:

December, 2021: Osaka Gas Co., has derived ketones bodies which is made from unique fermentation process and adopted for first time as a raw material for cosmetics.
December, 2021: Cabot Corporation announced that, it is joining other leading companies in the global movement to align its sustainability agenda with the Paris Climate Agreement to achieve net zero emissions by 2050. The company's objective is to create innovative materials that improve everyday life and enable a more sustainable future.
November, 2021: Cabot Corporation announced that the company entered into an agreement to sell its Purification Solutions business to One Equity Partners in a transaction valued at $111 million, subject to certain debt-like and other closing adjustments.

Key questions answered in the report:

What is the structure of the global Activated Carbon market and who are the key players?
Which regional market will show the highest and rapid growth?
Which are the top five players of the Activated Carbon Market?
What has been the impact of COVID-19 on the global Activated Carbon market?
How will the Activated Carbon Market change in the upcoming six years?
Which application and product will take a lion’s share of the Activated Carbon Market?
What are the key driving factors and challenges in the industry?
What will be the CAGR and size of the Activated Carbon Market throughout the forecast period?

Browse market data Tables and Figures spread through 147 Pages and in-depth TOC on "Activated Carbon Market by Type (Powdered, Granulated, Others), by Application (Liquid, Gas, Others), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)".

This market titled “Activated Carbon Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:

Report Attribute	Details
Market Size in 2021	5,689.7 Million
Projected Market Size in 2028	10947.3 Million
CAGR Growth Rate	CAGR of 9.8% from 2022 - 2028
Base Year	2021
Historic Years	2016 – 2020
Forecast Years	2022 - 2028
Segments Covered	Type: - Powdered, Granulated, Others Application: - Liquid, Gas, Others
Quantitative Data - Units	Revenue in USD Million/Billion and CAGR from 2022 to 2028
Regions Covered	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered	U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Report Coverage	Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Customization of the Report:

The report can be customized as per client needs or requirements. For any queries, you can contact us on sales@vantagemarketresearch.comor +1 (202) 380-9727.Our sales executives will be happy to understand your needs and provide you with the most suitable reports.

Browse More Related Report:

Roofing Materials Market was valued USD 114.1 Billion in the year 2021 and is anticipated to reach a value of USD 142.7 Billion by the year 2028: https://www.vantagemarketresearch.com/industry-report/roofing-materials-market-1808
Copper in Electric Vehicles Market volume stood at 758,000 Metric Tons in 2021 and is expected to reach a volume of 24,50,590 Metric Tons by the year 2028: https://www.vantagemarketresearch.com/industry-report/copper-in-electric-vehicles-market-1776
Automotive Interior Materials Market is valued at USD 47.5 Billion in the year 2021 and is expected to reach a value of USD 54.7 Billion by the year 2028: https://www.vantagemarketresearch.com/industry-report/automotive-interior-materials-market-1683
Air Compressor Market is valued at USD 32.4 Billion in the year 2021 and is forecasted to reach a value of USD 38.9 Billion by the year 2028: https://www.vantagemarketresearch.com/industry-report/air-compressor-market-1638

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research reports. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.

Follow Us on LinkedIn: https://www.linkedin.com/company/vantage-market-research/

Follow Us on Twitter: https://twitter.com/vantagemarketr

Follow Us on Facebook: https://www.facebook.com/vantagemarketresearch

Contact us

Eric Kunz

6218 Georgia Avenue NW Ste 1 - 564

Washington DC 20011-5125

United States Tel: +1 202 380 9727

Email: sales@vantagemarketresearch.com

Website: https://www.vantagemarketresearch.com/

Latest Vantage Market Research Press Releases @https://www.vantagemarketresearch.com/insight/press-releases

Latest Vantage Market Research Blog @ https://www.vantagemarketresearch.com/insight/blogs