The global Activated Carbon market size is valued at $4.8 billion in 2023 in terms of value and is projected to reach $10.79 billion by 2030, growing at a CAGR of 10.65%.
The “Activated Carbon Market” intelligence report, just published by USD Analytics Market, covers insurers’ micro-level study of important market niches, product offers, and sales channels. In order to determine market size, potential, growth trends, and competitive environment, the Activated Carbon Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured ADA Carbon Solutions, LLC (United States) , Cabot Corporation (United States) , Calgon Carbon Corp. (United States) , Chemviron Carbon (Belgium) , Carbon Activated Corp (United States) , Clarimex Group (Mexico) , Evoqua Water Technologies LLC (United States) , Fujian Yuanli Active Carbon Co., Ltd (China) , Haycarb Plc (Sri Lanka) , Ingevity Corporation (United States)
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An Overview of the Activated Carbon Market
Activated Carbon is also known as charcoal which has a large number of applications in various sector. It is characterized by a large number of tiny pores and the high number of surface area, which increases absorption capacity. These activated carbon are manufactured from coconut shell, peat, hard and softwood, and various carbonaceous specialty materials. It is majorly used in water and sewage treatment owing to its ability to remove particulate and dissolved impurities. Recent technological advancements in manufacturing are expected to further fuel the growth.
Activated Carbon Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- by Type (Powdered Activated Carbon, Granular Activated Carbon, Other Activated Carbon (Pelletized Activated Carbon)), Application (Gas Purification, Water Purification, Metal Extraction, Medicine, Other Application), End Use (Water Treatment, Air Purification) and significant players are the market segments.
In order to provide a thorough analysis of the industry, the report compiled data from over 22 jurisdictions or nations across Europe, North America, South America, Asia Pacific, and MEA.
Geographically, the global version of the report has the following country inclusion:
• North America [United States, Canada, and Mexico]
• Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and the Rest of Europe]
• Asia-Pacific [China, Japan, South Korea, India, Australia, Indonesia, and Others]
• South America [Brazil, Argentina, Colombia, and the Rest of South America]
• the Middle East and Africa (South Africa, Turkey, Israel, GCC Countries, and the Rest of Africa)
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The primary goal of this study is to determine which market niches or nations insurance companies and aggregators should concentrate on in the future in order to allocate their resources and efforts toward Activated Carbon that will optimize growth and profitability. 2020 will see notably slower growth, and given the dynamic macroeconomic and regulatory environment, mature markets in North America and Western Europe will need “heavy lifting” to handle these tendencies.
In the insurance sector, distribution channels are always crucial because of the “push” nature of many offerings in the sector. In an effort to strengthen their relationship with customers, insurers have been refining their distribution model. Face-to-face selling (agents and brokers) has been evidently dominant in the Activated Carbon sector over the years. But as the Internet becomes more widely used and consumers start to value expediency, digital purchases are growing in popularity in Activated Carbon.
Furthermore, the years considered for the study are as follows:
Historical year – 2018-2022
Base year – 2022
Forecast period** – 2023 to 2030 [** unless otherwise stated]
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Major Highlights of TOC:
Chapter 1: Overview of the Activated Carbon Market Industry
1.1.1 Overview;
1.1 Activated Carbon Industry
1.1.2 Key Companies’ Products
1.2 Market Segment by Activated Carbon
1.2.1 Industry Chain
1.2.2 Customer Behavior & Distribution Routes
Chapter Two: Demand for Activated Carbon Worldwide
2.1 Overview of the Segment
2.2 Activated Carbon Market Size (2018-2022) by Application/End Users
2.3 Application/End User Forecast for the Activated Carbon Market (2023E-2029)
Chapter 3: Type-wise Activated Carbon Market
3.1 According to Type
3.2 Market Size for Activated Carbon by Type, 2018-2022
3.3 Market Forecast for Activated Carbon by Type (2023E-2030)
Chapter Four: Activated Carbon Market: by Region/Country
4.1 Activated Carbon Market by Regions
4.2 Activated Carbon Market Revenue & Share by Region
4.3 North America
4.4 Europe
4.5 the Asia Pacific
4.6 South America
4.7 the Middle East & Africa
Player Analysis in Chapter Five
5.1 Players’ Market Share Analysis (2019-2021E)
5.2 Regional Market Concentration Rates
5.3 Overviews of Companies
……….continued
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