click hereThe ‘Global Activated Carbon Market Analysis, Report and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global activated carbon market, assessing the market on the basis of its segments like type, application, feedstock, and major regions.
Activated Carbon Market Size, Trends, Industry Report, Key Player, Major Segments, and ForecastGet a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/activated-carbon-market/requestsample The key highlights of the report include: Market Overview (2017-2027) • Forecast CAGR (2022-2027): 8%
|Growth Rate CAGR||8%|
|Major Players||Kuraray Co., Ltd., Oxbow Activated Carbon LLC, Haycarb (Pvt) Ltd., Indo German Carbons Limited (IGCL), Shinkwang Chem. Ind. Co., Ltd, S.I.C.A.V. Spa, Century Chemical Works Sdn. Bhd, and Cabot Corporation, among others.|
Activated Carbon Industry Definition and Major SegmentsActivated charcoal or activated carbon is a natural type of graphite, and is carbon that has been produced from materials such as coal, willow peat, coir, wood, bamboo, or other carbonaceous sources. It has an imperfect structure that is highly porous at a visible and molecular level. The formation gives activated carbon a vast surface area which lets the carbon adsorb various compounds. Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/activated-carbon-market Based on type, the market is segmented into: • Powdered Activated Carbon (PAC) • Granular Activated Carbon (GAC) • Others By application, the market is classified into: • Water Treatment • Air Treatment • Gold Treatment • Respirators • Solvency Recovery By feedstock, the market is segmented into: • Coconut Shell • Wood/Coal • Others Based on region, the market is divided into: • North America • Latin America • Asia Pacific • Europe • Middle East and Africa
Activated Carbon Market TrendsThe global activated carbon market is expected to register significant growth on account of the rising technology developments by key market players. Major raw materials utilised for producing activated carbon are resins, coconut shells, viscose rayon, and wood. The carbon yield is high when a massive quantity of raw material is utilised in the manufacturing process thus, a large supply-demand mismatch is likely to cause raw material prices to rise. Geographically, the North America region is holding a significant segment of the activated carbon market growth during the forecast period on account of the rising automobile demand across the region. Activated carbon filters extract as well as neutralise vapours, odours, and smoke before the AC propels air into the car. Further, the air filters efficiently eliminate gases and chemicals, ensuring that the air in the car stays breathable and fresh. Meanwhile, the Asia Pacific region is expected to witness significant growth in the activated carbon market share as the region has vast supplies of coconut shell-based activated carbon and coconut shells. Activated carbon is generally utilised for gold mining and water purification applications across the region. Dry coconuts of India are preferred more as compared to other countries in the Asia Pacific region as they contain greater oil content than others. The presence of major market players like Jacobi Carbons Group, and Haycarb (Pvt) Ltd., among others are further expected to drive the market growth of activated carbon. This is because they supply coconut shells from Asian countries, like Indonesia, Sri Lanka, India, and the Philippines.
Key Market PlayersThe major players in the global activated carbon market report are:
- Kuraray Co., Ltd
- Oxbow Activated Carbon LLC
- Haycarb (Pvt) Ltd
- Indo German Carbons Limited (IGCL)
- Shinkwang Chem. Ind. Co., Ltd
- S.I.C.A.V. Spa
- Century Chemical Works Sdn. Bhd
- Cabot Corporation