Activated Carbon Market Extensive Growth, Demand, Revenue, Outlook 2026
The global
activated carbon market is anticipated to reach USD 13.44 billion by 2026.
“The global activated carbon market is estimated to grow at a CAGR of
9.2% between 2018 to 2026. Activated carbon is a widely used adsorbent and a
major component in industrial processes. Composed of homogenous and micro
porous structures along with higher surface areas it shows immense stability
for radiation. Stringent regulatory framework mainly in the U.S. and China
markets are expected to drive the activated carbon market growth. In these
markets, along with other industrially developing countries, stringent
regulatory framework have reflected rising emphasis on removal of mercury. This
in contrast stringent regulatory framework and stepped up enforcements have
stem them from efforts to fight water and air pollution caused due to rapid
industrialization.
Increasing
manufacturing activities in several industrializing countries have also added
to product demand for the activated carbon market. Globally developing and
increasing output from the pharmaceuticals and chemicals sector have also
augmented for higher product demand due to increasing need of activated carbon
for purifying feed water and several other components during manufacturing
processes.
Some of the leading industry
participants in the activated carbon market include Oxbow Activated Carbon LLC,
Prominent Systems Inc. , Silcarbon Aktivkohle GmbH , Donau Carbon GmbH , Kureha
Corporation , Haycarb PLC , Kuraray Co.
Ltd , Calgon Carbon Corporation , Cabot Corporation and Osaka Gas Co., Ltd.
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Composed of homogenous and micro
porous structures along with higher surface areas it shows immense stability
for radiation. Stringent regulatory framework mainly in the U.S. and China
markets are expected to drive the activated carbon market growth. In these
markets, along with other industrially developing countries, stringent
regulatory framework have reflected rising emphasis on removal of mercury. This
in contrast stringent regulatory framework and stepped up enforcements have stem
them from efforts to fight water and air pollution caused due to rapid
industrialization.
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Yearly increasing production of
vehicles are supporting demand for activated carbon, owing to the fact that
developing and even developed countries implement rigorous standards for emission
from motor vehicles, thus creating the need for larger activated carbon based
canisters.
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