Activated Carbon Market Industry Size, Leaders Outlook 2024 & New Revenue Pockets
The activated carbon industry size is projected to grow from USD 4.4 billion in 2023 to USD 8.4 billion by 2030 at a CAGR of 9.8%. Activated carbon, also known as activated charcoal, is a highly porous form of carbon with an extensive surface area, making it an exceptional adsorbent material. Produced by heating carbon-rich substances in the absence of oxygen, it effectively removes impurities and...
Activated Carbon Market Thriving on Water Treatment Industry
Activated carbon is one of the most popular derivatives of charcoal, which can be manufactured from different organic materials with higher degrees of carbon content. The most common materials used for manufacturing activated carbon include wood, bituminous coal, coconut shells, peat and lignite. These products have a large number of applications across different industrial verticals. High degree of...
Global Activated Carbon Market Driven by Increased Demand
Activated charcoal or carbon is treated with oxygen, which opens up tiny pores between the carbon atoms. This highly porous carbon is widely used for the adsorption of different substances from liquids and gases. Purification of liquids and gases is one of the biggest applications of activated charcoal. Increasing requirements from different industrial verticals have increased the production and innovations...