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DUBLIN--(BUSINESS WIRE)--Sep 19, 2022--
The "Activated Carbon Market By Product Type, By Application, By End-use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
The global activated carbon market was valued at $3.2 billion in 2020, and is projected to reach $5.8 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030.
Health risks by drinking contaminated water are increasing consistently among customers. Granular and powdered activated carbons are main component for purification process. It eliminates contaminants, such as color compounds & dyestuffs, absorbable organic halogens (AOX), toxicity, non-biodegradable organic compounds (COD), chlorinated or halogenated organic compounds, aromatic compounds including phenol and bis-phenol A (BPA), and inhibitory compounds for biological treatment systems.
Furthermore, it drives the demand for home appliances such as water purifiers and industrial water purification plants. Need of pure and reliable quality drinking water increases the growth of activated carbon market. Rapid growth of population in countries such as China and India focus on water purification standards to maintain healthy life style of citizens.
Furthermore, urbanization and new residential projects in China and India increase the concerns over quality and safety of municipal water supply in major cities. In addition, rise in chlorine level of drinking water in the U.S. drives the growth of the market. Furthermore, regulatory authorities focus on water purification plans to maintain water quality standards.
The activated carbon market is segmented on the basis of type, end-use industry, application, and region. By product type, it is segmented into powdered, granular, and others. On the basis of end-use industry, it is classified into water treatment, food & beverage processing, pharmaceutical & medical, automotive, air purification, and other end-uses. Depending on application, it is fragmented into liquid and gaseous. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
Key Market Segments
By Product Type
By Application
By End-use Industry
By Region
Key Market Players
For more information about this report visit https://www.researchandmarkets.com/r/xzyhsm
View source version on businesswire.com:https://www.businesswire.com/news/home/20220919005422/en/
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SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 09/19/2022 05:56 AM/DISC: 09/19/2022 05:56 AM
http://www.businesswire.com/news/home/20220919005422/en