Global Activated Carbon Market Witnessing a Slump due to COVID-19 and Projected to Pick Up During 2022 and Reach 4 Mil MTs by 2026 – Market Research Report (2019-2026) by Industry Experts, Inc.
Thursday 26 Nov 2020
Industry Experts, Inc. released an updated global market research report on Activated Carbon. The report entitled "Activated Carbon – A Global Market Overview" focuses on the market for Activated Carbon product types, key applications and the major end-use sectors. Asia-Pacific is the principal global market for Activated Carbon, which is also likely to log the fastest 2019-2026 CAGRs of 6% and 6.7% for volume and value respectively.
Activated carbon's outstanding capability in adsorbing a number of impurities from liquids and gases renders it to be used on an extensive basis in several applications concerning air and water purification. Additional application areas for the material include the automotive, food & beverage and medical & pharmaceutical industries, although on a limited basis. The future market for activated carbon is also likely to derive benefit from a continuous stream of openings from a number of industrial processes that employ adsorption technologies.
Anticipation of the imminent development and availability of suitable vaccines against this pandemic has given impetus to manufacturing activities across the world and this is reflected in the market for Activated Carbon. The highs of demand witnessed during 2017-2019 are likely to taper off in 2020 and pick up momentum sometime during 2022, which will again depend on the ground situation.
Worldwide market for Activated Carbon product segments explored in this study includes Granular Activated Carbon, Powdered Activated Carbon and Other Activated Carbons. The report also analyzes the key applications of Activated Carbon comprising Gas Phase applications and Liquid Phase applications while discussing the major end-use sector markets covering Air Purification, Automotive Canisters, Food & Beverages, Medical & Pharmaceutical, Water Treatment and Others. The global markets for the above mentioned product types, application areas and end-use sectors are analyzed in terms of both volumes in metric tons and value USD.
This report reviews, analyzes and projects the Activated Carbon market for global and regional markets including North America, Europe, Asia-Pacific, South America and Rest of World in terms of both volume in metric tons and value in USD. These regional markets further analyzed for 15 independent countries across North America – The United States, Canada and Mexico; Europe – France, Germany, Italy, Spain, Russia and the United Kingdom; Asia-Pacific – China, India, Japan and South Korea; South America – Argentina and Brazil. The market is analyzed for all of these key countries by product segment, applications and major end-use sectors in terms of both volume and value.
This 434 page global market study includes 369 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of market numbers. This report profiles 47 key global players and 80 major players across North America – 22; Europe – 8; Asia-Pacific – 49; and South America – 1. The research also provides the listing of the companies engaged in manufacturing and supply of Activated Carbon. The global list of companies covers the address, contact numbers and the website addresses of 227 companies.
California based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/activated-carbon-a-global-market-overview