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 …
Tag Archives: Powdered Activated Carbon
Activated Carbon Market: Future Forecasts Evaluated Based on Industry Player Investment Strategies
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 …
Activated Carbon Market Size 2021-2030 | Industry Trends, Market Growth, Share, Drivers, Restraints, and Forecast Analysis
As per the report, the global activated carbon industry was accounted for $3.2 billion in 2020, and is expected to reach $5.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030. Drivers, restraints, and opportunities Growth in automobile ownership rates, health risks regarding drinking impure water, and surge in manufacturing & environmental standards have boosted …