NEW YORK, August 23, 2022 /PRNewswire/ — “Activated carbon market” The report has been added to Technavio’s offering. The size of the activated carbon market is expected to grow by 1244.29 thousand MT, with a CAGR of 8.62% during the forecast period. The report broadly covers the activated carbon market segments by Product (powder, granular and others), Application (air purification, water purification, medical and pharmaceutical products, food and beverages, and others), and Geography (APAC, North America, Europe, South Americaand MEA). Request your free sample report.
Market Dynamics
The activated carbon market is expanding significantly due to increasing demand for cleaning in various industrial processes. Activated carbon has a variety of uses in many end-user markets. The main function of activated carbon is as an adsorbent to remove dirt and pollutants. Significant population growth has been observed worldwide, especially in developing countries such as China AND India. In developing countries, urbanization has fueled the growth of many sectors.
The development of an economy depends critically on industrialization. However, rapid industrialization in many countries has also resulted in depletion or increasing scarcity of freshwater resources, as well as pollution of freshwater resources. STILLfactors such as technical limitations of activated carbon products may hinder market growth. Buy the sample report.
Company Profiles
Increasing competition in the market is forcing vendors to adopt various growth strategies such as promotional activities and advertising expenditures to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&A to remain competitive in the market.
The report analyzes the competitive landscape of the market and provides information on several market vendors, including Cabot Corp., Donau Carbon GmbH, Evoqua Water Technologies LLC, Hayleys Plc, Kuraray Co. Ltd., Kureha Corp., MFAR Holdings Pvt Ltd., Osaka Gas Co. Ltd., Puragen Activated Carbons and Shinkwang Chem. Ind. Co. Ltd. Download the free sample report.
Competitive Analysis
The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors to categorize players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation results, new product introductions, investments, market share growth, etc.
Market segmentation
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According to the product, the market is classified into powder, granular and others. The powder segment contributes the largest share of the market.
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By geography, the market is classified as APAC, North America, Europe, South America, and MEA. 46% of the market growth will come from APAC during the forecast period. APAC will have the largest market share.
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By application, air purification, water purification, medical and pharmaceutical products, food and beverages, and others.
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Activated carbon market scope |
|
Report coverage |
The details |
Page Number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum and CAGR |
Accelerate at a CAGR of 8.62% |
Market growth 2021-2025 |
1244.29 thousand MT |
Market structure |
Fragmented |
Annual growth (%) |
7.97 |
Regional analysis |
APAC, North America, Europe, South America and MEA |
Making a contribution to the market |
APAC at 46% |
Main customer countries |
China, USA, Netherlands, Belgium and India |
Competitive landscape |
Leading companies, Competitive strategies, extent of customer engagement |
Top companies profiled |
Cabot Corp., Donau Carbon GmbH, Evoqua Water Technologies LLC, Hayleys Plc, Kuraray Co. Ltd., Kureha Corp., MFAR Holdings Pvt Ltd., Osaka Gas Co. Ltd., Puragen Activated Carbons and Shinkwang Chem. Ind. Co. Ltd. |
Market dynamics |
Parent market analysis, market growth drivers and restraints, fast growing and slow growing segment analysis, analysis of the impact and recovery of COVID 19 and future consumer dynamics, and analysis of the state of the market for the period of forecasting. |
Customization field |
If our report has not included the data you are looking for, you can contact our analysts and customize the segments. |
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Table of Contents
1 Executive summary
2 Market landscape
3 Market size
4 Five Forces Analysis
5 Market segmentation by product
6 Market Segmentation by Application
7 Customer landscape
8 Geographical landscape
9 Drivers, Challenges and Trends
10 Vendor landscape
11 Seller Analysis
12 Appendix
around us
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