By the end of 2025, the global activated carbon market may exceed US $6.6 billion. Activated carbon is a multifunctional adsorbent, which can be used to filter unwanted particles in liquid and gaseous media. The high porosity of activated carbon (also known as activated carbon) makes it an ideal material for many industries. Activated carbon can be purchased in different grades or forms, such as granular ( granular activated carbon price ), powdered and extruded. The utilization of each level varies according to the type of end use. For example, powdered activated carbon (PAC) grade is consumed heavily by the water treatment sector, while the granular form is suitable for use in air purification systems. In 2018, the powdered activated carbon segment of the main product segments accounted for more than 40% of the global activated carbon market size.
Water and wastewater treatment, pharmaceutical, food and beverage, automotive and chemical manufacturing are the main end use vertical products of activated carbon. Among them, the water and wastewater treatment sector was the largest end use in 2018, due to a number of factors, including increasing demand for drinking water worldwide and strict environmental regulations for water quality improvement, wastewater treatment and wastewater management. Air purification is another important end use of activated carbon because of the high level of pollution in major urban areas of the world. By the end of 2025, the demand for activated carbon in the end use of air purification is expected to exceed 1000 tons. So, where to buy activated carbon?
In the past few years, the global activated carbon market has been significantly expanding. The increasing use of activated carbon in industry and the strict regulations and policies of environmental sustainability are the key factors to promote the market demand of activated carbon. Massive adoption in new end use areas such as automobiles will also benefit future demand growth. The Asia Pacific region is the leading region in 2018 and is expected to maintain its dominant position in the global activated carbon market by the end of the forecast period. It is believed that improving economic conditions in major countries, including China and India, coupled with the rapid development of industrialization, will trigger future demand. Mature markets, including the United States, Japan and Western European countries, are likely to indicate a slight decline in market share in 2019 and beyond. By 2025, the overall expansion of the global activated carbon market is likely to grow at a compound annual rate of 9.2%.
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