Global Activated Carbon market report, market size, share, trends, analysis and forecast to 2028
Added: (Wed Dec 07 2022)
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Stratistics MRC’s Global Activated Carbon Market value is expected to reach $12.05 billion growing at a CAGR of 11.3% during 2022-2028.
Activated carbon, also known as activated charcoal, is utilized in different modern applications, for example, gas and air cleaning, involving reusable recovery. Activated carbon is processed carbon with small and low-volume pores to increase surface area for chemical reactions and adsorption. Activated carbon is produced by processing organic material with high carbon content. Physical adsorption is main property of activated carbon, which is useful for purification, decaffeination, metal finishing, medicine, filters, removal of pollutant, and fuel storage. Liquid and gaseous phases of activated carbon enhance its uses in removal of lead, dissolved radon, mercury, and other odor-causing compounds.
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By geography, The Asia Pacific region market is estimated to witness a highest share of the global activated carbon market during the forecast period, due to their growth in economic activities and fast industrialization in the developing economies of China and India. The market would also boost by growing awareness of maintaining a healthy workplace in developing countries of Asia Pacific, causing an increase in demand for the dust extractors.
Some of the key players in Powder Metallurgy market include BASF SE, Jacobi Carbons Group, Cabot corporation, Kureha corporation, Albemarle Corporation, Donau carbon GMBH, Haycarb (Pvt) Ltd., Silcarbon atkivkohle GMBH, Kuraray co. Ltd., Carbotech AC Gmbh, Carbpure Technologies, Oxbow activated carbon LLC, Prominent systems inc., Osaka gas co., ltd., Desotec, Jacobi Carbons Group, Boyce Carbon, Advanced Emissions Solutions Inc., Ingevity, CPL Activated Carbons.
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