Lucintel's latest market report analyzed that activated carbon provides attractive opportunities in the water treatment, food & beverage processing, pharmaceutical & medical, automotive, air purification, industrial chemical, metal extraction, and catalyst industries. The activated carbon market is expected to reach $XX billion by 2028 with a CAGR of 7% to 9%. In this market, powdered activated carbon (PAC) is the largest segment by product type, whereas water treatment is largest by end use industry.
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Based on product type, the activated carbon market is segmented into powdered, granular, extruded, and others), application (liquid phase, gas phase, and others. The powdered activated carbon (PAC) segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its ability to offer high adsorption capacity, fulfil broad treatment objectives, and to remove large range of particulates.
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The Activated Carbon Market is marked by the presence of several big and small players. Some of the prominent players offering activated carbon include CarbPure Technologies, Boyce Carbon, Cabot Corporation, Kuraray Co., CarboTech AC GmbH, Donau Chemie AG, and Haycarb.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link
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About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
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