The Global Activated Carbon Market size is projected to grow at a CAGR of around 7.98% during the forecast period, i.e., 2022-27. According to MarkNtel Advisors Study.
Global Activated Carbon Market Driver:
Shortage of Raw Materials & Price Hikes: Since the producers of activated carbon, especially across Asia-Pacific, rely heavily on raw materials like coconut shells for production, shortage or unavailability of such raw materials due to natural calamities & disrupted value chain might restrain the growth of the Global Activated Carbon Market during 2022-27. It, in turn, is resulting in significant price hikes for activated carbon. As a result, the market is expected to witness a scarcity of suitable coal grades to produce activated carbon shall also hamper the growth of the global market expansion through 2027.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Activated Carbon Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2021
-Historical Period: 2017 to 2020
-Forecast Period: 2022 to 2027
- By Type
- Powdered Activated Carbons
- Granular Activated Carbons
- Extruded or Pelletized Activated Carbons
- Others
- By Application
- Water Treatment
- Air & Gas Purification
- Food & Beverages
- Metal Extraction
- Medical & Pharmaceutical
- Others
- By End-User
- Water Treatment
- Food & Beverage
- Healthcare
- Automotive
- Industrial Processing
- Others
- By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East & Africa
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Activated Carbon Technologies, Cabot Corporation, Carbon Activated Corporation, CarboTech, Donau Carbon GmbH, Ingevity, Iluka Resources, James Cumming & Sons, Kuraray, Kureha Corporation, Osaka Gas Chemicals Co., Ltd., Puragen Activated Carbons, Silcarbon Aktivkohle GmbH, Universal Carbons are looking forward to strengthening their market positions.
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