Activated Charcoal Market Latest Trends and Analysis, Future Growth Study by 2030

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Activated Charcoal Market is esteemed to demonstrate a substantial upswing of a CAGR of 9.3% during the forecasted period of 2021 to 2030. The Activated Charcoal Market was cherished at USD 5.7 billion in 2021 and is estimated to garner a significant improvement of USD 12.49 billion by 203

The purpose of activated carbon is to enhance the surface area available for chemical reactions and adsorption. It is treated carbon with tiny, low-volume pores. Processing organic material with a high carbon content yields activated carbon. The primary property of activated carbon is physical adsorption, which makes it helpful for filtering, decaffeinating, metal polishing, medication, removing pollutants, and storing fuel. Lead, dissolved radon, mercury, and other odor-causing substances can all be removed with activated carbon's liquid and gaseous phases.

The material activated carbon is widely used in a variety of industries, including the production of medical and pharmaceutical products, food and beverage processing, air purification, and automotive emission canisters. The substance is a type of carbon that is produced by oxidising any carbonaceous raw material in order to absorb contaminants from gases and liquids. Strict environmental regulations governing water and air purification, growing use of activated carbon to remove heavy metal residues from industrial pollutants, rising demand for clean, potable water around the world, and the brisk industrial development of Asia and other emerging markets are the main drivers of market growth.

 

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Activated Charcoal Market: Segmentation Analysis

 Based on product type:

  • Powdered
  • Granular
  • Others

The powdered carbon is widely used in variety of application such as automotive, pharmaceutical and medical, and food and beverage processing owing to the unique property of pore structure and high adsorption capacity. In 2018, the powdered activated carbon category accounted for 60% share in total market growth.

Based on application:

  • Gas Purification
  • Water Purification
  • Metal Extraction
  • Medicine
  • Other Applications

Gas purification Applications has over powered the water purification Applications in terms of market share due to increased consumption air conditioner, gas mask, sewage, and the human waste treatment, desulphurization, and the purification of factory effluent gases. Rising demand for air the purification appliances from domestic as well as commercial end-users is anticipated to offer ample opportunities for the market in coming years.

Based on source type:

  • Wood
  • Coconut Shell
  • Others

The coconut shell presently dominates the market as charcoal products produced from coconut shells have the utmost hardness as compared with other source type.

Based on end use

  • Water Treatment
  • Food and Beverage
  • Healthcare
  • Automotive
  • Industrial Processing
  • Other end-user industries

 Top Key Players:-

  • OSAKA GAS CO., LTD.
  • Royal Oak Enterprises, LLC
  • Gryfskand sp z oo
  • Sagar Activated Charcoal Depot
  • Parkar Activated Charcoal Company
  • NAMCHAR (Pty) Ltd
  • Timber Activated Charcoal Company LLC
  • Duraflame Inc
  • Bricapar SA
  • Maurobera SA
  • Cabot Corporation.
  • KURARAY CO., LTD.
  • HAYCARB PLC
  • KUREHA CORPORATION
  • Jacobi Carbons Group
  • Ingevity
  • Siemens Water Technologies Corp
  • Calgon Carbon Corporation
  • Carbo Tech AC GmbH
  • CLARINEX Group
  • Carbon Activated Corp.
  • Kuraray Co Ltd
  • Haycarb Pvt Ltd.
  • Donau Carbon Gmbh
  • Desotec Activated carbon
  • Silcarbon Aktivkohle GmbH
  • Prominent Systems, Inc
  • Lenntech BV

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Frequently Asked Questions (FAQ):

  • What is the current size of global activated carbon market?
  • How is the activated carbon market aligned?
  • Who are the key players in the global activated carbon market?

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