The Activated Carbon market is projected to reach USD 19.28 billion by 2027, according to a new report by Reports and Data, growing at a CAGR of 16.9% over the forecast period. The increased infectious disease occurrence and rising pollution levels in urban areas would lead to the growth of the active carbon industry. Among the two factors that will drive growth, are better working conditions, higher household salaries and increased public health awareness. Air purifiers are supposed to be required to destroy airborne diseases and water treatment plants, particularly in developed countries, because of the demand for safe drinking water, leading to the need for air and water pollution control equipment. A increasing knowledge of health especially among urban young people, is expected to contribute significantly to the sector's growth.
Growing competition among industrial air purification applications in mercury control technology is among the market leaders. The predicted impact on business growth in the time forecast is nonetheless growing globalization, strict environmental laws and an awareness on pollution regulation. The Environmental Protection Authority (EPA) has developed Maximum Requirements for Achievable Control Technology (MACT) to enable farmers to grow more.
Key participants in the activated carbon market include:
Donau Carbon GmbH
Activated Carbon Technologies
Calgon Carbon Corporation
Osaka Gas Chemicals Co. Ltd
Jacobi Carbons AB
Oxbow Activated Carbon
Kuraray Co., Ltd
Lenntech B.V.
Haycarb PLC
Desotec Activated Carbon
Get the sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/3071 For the purpose of this study, Reports and Data has segmented the activated carbon market on the basis of product type, application, end-users, and region:
Product Type Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Granular
Powder
Pellets
Bead
Polymer Coated
Others
Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Liquid
Gaseous
End-Users Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Air-Purification
Water-Purification
Pharmaceutical
Food & Beverages
Automotive
Others
Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
North America
Europe
Asia Pacific
MEA
Latin America
Further key findings from the report suggest
The market is being propelled by the increasing demand for water and air purification, mercury removal factories, and industrialization.
An air purifier from the company Blueair can prevent some airborne diseases by trapping and removing the flu viruses from the air. On account of the COVID-19 pandemic air purifiers that can palliate severe airborne contagions are expected to meet a substantial demand from the consumers, and many more product-based or consumer electronics companies would start investing in the R&D to invent newer technological breakthroughs.
Rising development and industrialization of government subsidies also propel the activated carbon market.
The growing competition in mercury control technology for industrial air purification applications is one of the main drivers for the market. Companies are embracing global development and advanced product manufacturing as their fundamental approach to competitiveness.
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