DUBLIN–(BUSINESS WIRE)–The “Activated Carbon – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Activated Carbon Market to Reach 5.7 Million Tons by 2030
The global market for Activated Carbon estimated at 3.1 Million Tons in the year 2023, is projected to reach 5.7 Million Tons by 2030, growing at a CAGR of 8% over the analysis period 2023-2030.
Activated carbon, widely known for its versatile applications, is a cornerstone in various industries. Its forms vary, catering to diverse end-use markets where it’s utilized extensively. In the competitive landscape of activated carbon, market presence is stratified, with players showcasing varying degrees of strength and activity globally. The market share percentages in 2023 illustrate the competitive dynamics.
Powdered Activated Carbon, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach 3.6 Million Tons by the end of the analysis period. Growth in the Granular Activated Carbon segment is estimated at 6.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at 563.9 Thousand Tons, While China is Forecast to Grow at 9.5% CAGR
The outlook for the global activated carbon market appears promising, with rapid growth anticipated, particularly led by the robust presence of Asia-Pacific, spearheaded by China. Specific segments like powdered activated carbon (PAC), liquid-phase, and water treatment are thriving, illuminating the market’s diverse applications, especially in water treatment domains.
The Activated Carbon market in the U.S. is estimated at 563.9 Thousand Tons in the year 2023. China, the world’s second largest economy, is forecast to reach a projected market size of 2.2 Million Tons by the year 2030 trailing a CAGR of 9.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.
Production and export landscapes further underline its significance, with certain countries emerging as key players. Given its raw material-intensive nature, the industry demands a detailed comparison of various types based on raw material. Recent market activities indicate ongoing vibrancy and evolution within this vital industry, echoed by the presence of world-renowned brands driving innovation and market dynamics.
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
FOCUS ON SELECT PLAYERS (Total 52 Featured)
For more information about this report visit https://www.researchandmarkets.com/r/uox99k
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
SHENZHEN, CHINA - Media OutReach Newswire - 18 November 2024 - On November 6, 2024,…
TAIPEI, TAIWAN - Media OutReach Newswire - 18 November 2024 - Arla Foods Ingredients is…
SINGAPORE - Media OutReach Newswire – 18 November 2024 - The esteemed Golden Bull Award,…
LIMA, PERU - Media OutReach Newswire - 18 November 2024 - Chinese President Xi Jinping…
Shoppers can enjoy 12 days of exciting deals from top local and international brands, including…
Survey discovers 85% Shopee Affiliates promote local brands more than half of the time, with…