The global activated carbon market report provides an in-depth study of the market dynamics such as drivers, restraints, opportunities, and the current market scenario. The activated carbon market report also focuses on the subjective aspect of the industry. Furthermore, the study takes in the key findings, in regards to market overview and investment opportunities. At the same time, the report also encompasses the competitive landscape including comprehensive profiles of the major frontrunners in the industry. The leading players are considered based on their revenue size, product portfolio, market share, key marketing stratagems, and overall contribution to the market growth.
Growth in automobile ownership rates, health risks regarding drinking impure water, and surge in manufacturing & environmental standards have boosted the growth of the global activated carbon market. However, environmental factors and rise in prices of raw materials hinder the market growth. On the contrary, rise in demand for mercury control technology for industrial air purification applications would unlock lucrative opportunities in the future.
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COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The activated carbon market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the activated carbon market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the activated carbon market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
The liquid phase segment held the largest share in 2020, accounting for nearly three-fifths of the global activated carbon market, due to rise in demand for wastewater treatment, food grade applications, groundwater remediation, chemical purification, portable water treatment, and removal of odor-causing compounds. However, the gaseous phase segment is expected to register the highest CAGR of 6.8% during the forecast period, as the process is easy to adapt to rapid changes in quality and quantity of the leachate.
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Some ruling enterprises in the global activated carbon market are examined in the report along with the citation of innovative product launches by them, their collaborative undertakings & endeavors, several merges & acquisitions, and many more. The frontrunners operating in the global activated carbon industry include CLARINEX Group, Carbon Activated Corp., Cabot Corporation, ADA-ES, INC., Jacobi Carbons AB, Siemens Water Technologies Corp., Kureha Corporation.
The water treatment segment held the lion’s share in 2020, contributing to more than two-fifths of the global activated carbon market, due to surge in water scarcity and industrialization across the globe. However, the automotive segment is estimated to manifest the highest CAGR of 7.7% from 2021 to 2030, as carbon lattice structure allows greater adsorption capabilities and high gasoline working capacities for emission regulations.
Major Inclusions-
- Qualitative as well as quantitative assessment of the market on the basis of the detailed categorization involving both the economic and non-economic factors.
- Analysis at country and regional level, which portrays the share of the product or service in different regions.
- Elaborative company profiles section, which provides different pointers such as key executives, business enactment, company overview, product/service portfolio, R&D expenditure, current scenario, and prime strategies of the key market players.
- The forecasted market outlook of the activated carbon market based on recent developments, which incorporate the analysis of drivers, market trends, and growth opportunities.
- The COVID-19 impact on the activated carbon market
- Post-sales support and free customization
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