Activated Carbon Market Share, Industry Analysis & Forecast Report 2024-2029.

According to the latest research report published by Market Data Forecast, the global activated carbon market was worth US$ 9.17 billion in 2023 and is anticipated to reach a valuation of US$ 17.59 billion by 2029 and is predicted to register a CAGR of 11.46% during 2024-2029.

Activated carbon is recyclable and reusable when it comes to cleaning petrol and air. Another name for it is activated charcoal. Tighter emission standards are required due to growing consumer awareness and environmental concerns.

Global Activated Carbon Market Report Scope:

• Market Size (2029): USD 17.59 Billion
• Market Size (2023): USD 9.17 Billion
• CAGR (2024 to 2029): 11.46%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Type, Application, and Geography
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: Cabot Corporation (U.S.), Donau Carbon GmbH (Germany), KUREHA CORPORATION(Japan), Osaka Gas Co. Ltd (Japan), Silcarbon Akilotonivkohle GmbH (Germany), Oxbow Activated Carbon LLC (U.S), Calgon Carbon Corp (U.S), Kuraray Chemical Co. Ltd (Japan), Haycarb Plc. (Sri Lanka), and Others.

Market Drivers:

One significant trend in the market is the growing attention that major businesses are paying to reactivated carbon. By removing both organic and inorganic pollutants using a thermal process, activated carbon can be brought back to its initial activation state, hence increasing its adsorption capability. In the blast furnace, these used carbons are heated to 800 OC to reactivate them. At this temperature and pressure, the adsorbed organic or inorganic molecules volatilize and pyrolyze to a carbonaceous carbon.

Additionally, manufacturers of activated carbon can benefit greatly from reactivated carbon. The increase in municipal and industrial wastewater treatment facilities along with the strict rules controlling air quality maintenance are the main causes of the surge in demand for activated carbon. The sector is greatly impacted by the increased pressure on producers of activated carbon resulting from the increasing costs of manufacturing. To overcome these obstacles, manufacturers of activated carbon mainly give priority to producing reactivated carbon.

Market Restraints:

The cost of activated carbon rises in response to the shortage of raw resources. The lack of raw materials, particularly the production-useful coconut shell charcoal, is one element that will hinder market expansion. The cost of raw materials has increased as a result. Prices for products based on coal have gone up as a result of growing energy requirements. In China, coal is widely employed in industries including cement manufacturing, iron and steel manufacture, and electricity generation. As a result, there was a shortage of the coal grades needed to make activated charcoal. Nonetheless, producers' operational output has been impacted by the drop in coconut demand, which has prompted them to raise their production capabilities by 50 to 60 percent. This move has resulted in product price hikes.

Furthermore, a sluggish economy slows the growth of the industrial sector. In addition, high interest rates, rising energy costs and a downturn in the two largest countries in the world will cause global economic growth to drop even further in 2024.

Moreover, economists predict a 2.9 percent growth drop from this year to 2.6 percent next year, with mild recessions possible in Europe and the UK, despite the global recession aforesaid.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/activated-carbon-market

Key Insights from The Report:
• Based on type, the powdered carbon segment led the market and accounted for the largest share of the global market in 2023.
• Based on application, the liquid phase segment captured the highest share of the global market in 2023.
• Asia-Pacific dominated the activated carbon market in 2023. North America accounted for the second-highest share of the global market in 2023 and on the other hand, the Europe region is estimated to grow at the fastest CAGR during the forecast period.

SEGMENTATION INCLUDED IN THIS REPORT:

By Type:
• Powdered
• Granular
• Pelletized
• Bead

By Application:
• Liquid Phase
• Gaseous Phase

By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

TABLE OF CONTENTS:

1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year, and Forecast Periods
1.4 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline

3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market

5. Market Segmentation
5.1 Type
5.1.1 Introduction
5.1.2 Powdered
5.1.3 Granular
5.1.3.1 Pelletized
5.1.3.2 Bead
5.1.4Y-o-Y Growth Analysis, By Type
5.1.5Market Attractiveness Analysis, By Type
5.1.6Market Share Analysis, By Type
5.2 Application
5.2.1 Introduction
5.2.2 Liquid Phase
5.2.2.1 Water Treatment
5.2.2.2 Foods & Beverages
5.2.2.3 Pharmaceutical & Medical
5.2.3 Gaseous Phase
5.2.3.1 Industrial
5.2.3.2 Automotive
5.2.4 Y-o-Y Growth Analysis, By Application
5.2.5 Market Attractiveness Analysis, By Application
5.2.6 Market Share Analysis, By Application

6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Type
6.1.3.3 By Application
6.1.4Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Type
6.1.4.3 By Application
6.1.5Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Type
6.1.5.3 By Application
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa

7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter's Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis
8.1 Cabot Corporation
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Donau Carbon GmbH
8.3 KUREHA CORPORATION
8.4 Osaka Gas Co. Ltd.
8.5 Silcarbon Akilotonivkohle GmbH
8.6 Oxbow Activated Carbon LLC
8.7 Calgon Carbon Corp
8.8 Kuraray Chemical Co. Ltd.
8.9 Haycarb Plc.

9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches

10. Market Outlook and Investment Opportunities

11. Appendix
a) List of Tables
b) List of Figures

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