Market Overview - The global activated carbon market is projected to grow from $6.6 billion in 2024 to $10.2 billion by 2029, at a CAGR of 9.3% [1][2][8] - Activated carbon is essential for sustainability, driven by environmental regulations and increasing demand for water purification, air filtration, and mercury emission reduction [1][3] Market Drivers - The U.S. EPA's MATS regulations and rising adoption in automotive, pharmaceuticals, and industrial sectors are fueling market expansion [1][4] - Growing legislation related to environmental protection is a key driver for the demand for activated carbon [3] - The demand is also influenced by the U.S. EPA's Disinfectants and Disinfection Byproducts Rule, which limits chemicals in drinking water [3] Market Segmentation - The market is segmented by type (powdered activated carbon, granular activated carbon, and others), feedstock material (wood and coal, coconut shell, and others), application (water treatment, air purification, food processing, mercury removal, medical and pharmaceutical, mining), and region (North America, Europe, Asia-Pacific, and Rest of the World) [5][12] Key Trends - Key trends include the development of reactivated carbon technologies, integration of nanotechnology, and compliance with ESG standards [1][3] - Activated carbon is gaining popularity in the automotive sector for reducing hydrocarbon emissions [4] Competitive Landscape - Industry leaders include Kuraray, Evoqua, and Jacobi Carbons, with detailed company profiles provided in the report [1][11][17] - The report includes an analysis of market shares, strategic alliances, and M&A activity within the activated carbon industry [11] Emerging Technologies - Innovations in activated carbon include microwave-assisted activation, plasma activation, and the incorporation of nanotechnology [12][16] - The report discusses the potential of reactivated carbon and other emerging technologies to provide profitable opportunities [12]
Activated Carbon Global Market Report 2025, with Profiles of Kuraray, Jacobi Carbons, Evoqua Water Technologies, Ingevity, Haycarb, Norit, Carbotech and more
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