Activated Carbon Gains Momentum as a Sustainable Solution of Purification, Unlocking New Revenue Streams
Category: Chemicals & Materials Published Date : Oct-23 ID: CVC01103 Format: PDF Pages: 300
The activated carbon market is witnessing significant growth, driven by technological advancements and a rising demand for purification solutions across various industries. Known for its high adsorption properties, activated carbon is particularly popular in water treatment applications.
The primary driver for the industry growth is its increasing use in water treatment facilities. As industries and municipalities focus on more efficient and safer water purification methods, activated carbon is gaining prominence.
Technological advancements in activated carbon production and its integration into various systems are significantly influencing the market. These advancements are attracting a wide range of industries, thereby positively impacting market expansion.
Regulatory frameworks, particularly those concerning water quality and environmental sustainability, are crucial in shaping the industry development. Stricter regulations are pushing industries to opt for high-quality, compliant activated carbon solutions.
The main challenge facing the market is the cost associated with high-quality activated carbon. While these products offer superior performance and environmental benefits, they also come at a higher price point, posing a significant investment challenge for industries.
Emerging economies offer numerous opportunities, especially where water treatment and industrial purification are expanding. The demand for efficient and safe activated carbon solutions is expected to rise, providing room for market growth.
By Application, the market is segmented into Water Treatment, Air Purification, Industrial Processes, and Others. Water treatment stands out as the largest segment, capturing 45.3% of the market share.
Activated Carbon Market in North America
North America plays a significant role in the marketplace, driven by stringent environmental regulations and technological advancements. The region has a mature market, particularly in the water treatment sector, which is the largest application segment for activated carbon. Regulatory frameworks in the United States and Canada emphasize the need for high-quality, eco-friendly activated carbon solutions, propelling companies to invest in R&D for more efficient products.
Activated Carbon Industry in Europe
Europe is another key market for activated carbon, led by countries like Germany, the United Kingdom, and France. The European Union’s strict regulations on water quality and environmental sustainability are major drivers for the adoption of high-quality activated carbon. Companies in the region are aligning their products with the EU’s sustainability goals, finding applications in diverse industries such as water treatment and air purification.
Activated Carbon Market in Asia Pacific Excluding Japan
The Asia Pacific region, excluding Japan, is an emerging market with rapid industrial growth. Countries like China and India are driving the demand for activated carbon, especially in water treatment and industrial processes. The focus is on high-quality, efficient, and environmentally friendly solutions that align with the sustainability goals of these developing economies. Local companies are collaborating with international players to meet growing industrial needs.
Activated Carbon Industry in Japan
Japan is a unique player in the activated carbon market, known for its focus on quality and technological innovation. Japanese companies are pioneers in developing advanced forms of activated carbon, setting market trends globally. The market is driven by high-tech industries, including electronics and advanced manufacturing, where the quality of purification solutions is a critical factor.
Activated Carbon Market in Latin America
Latin America is an emerging market with significant growth potential in the activated carbon sector. Countries like Brazil and Argentina are contributing to market growth, primarily driven by the water treatment and industrial sectors. However, the market faces challenges such as economic instability and regulatory hurdles. Despite these challenges, there is a growing awareness of the need for high-quality and environmentally friendly activated carbon solutions.
Activated Carbon Industry in the Middle East and Africa
The Middle East and Africa region offers untapped potential in the market scenario for activated carbon. Countries like Saudi Arabia and the UAE are focusing on industrial expansion, thereby driving the demand for activated carbon. Investments in sectors like oil and gas, water treatment, and industrial processes are expected to fuel market growth. The focus is on high-quality, safe, and efficient solutions to meet the industrial needs of this emerging market.
Key Players and Strategies in the Activated Carbon Market
Prominent players in the activated carbon business landscape are adopting various strategies such as business expansion, mergers and acquisitions, and collaborations to strengthen their market position. These strategies are often accompanied by robust R&D activities, aimed at developing high-quality and sustainable products.
The activated carbon market is a dynamic and evolving sector, marked by technological advancements and a focus on sustainability. The industry is set for steady growth, influenced by an increasing demand for high-quality, eco-friendly purification solutions in various industrial applications.
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1.1. Global Market Outlook
1.2. Technology Roadmap
1.3. Supply and Demand Side Trends
1.4. Strategic Success Factors
1.5. Analysis and Recommendation
2.1. Market Taxonomy
2.2. Market Definitions
2.3. Inclusions and Limitations
3.1. Supply Side Overview
3.2. Demand Side Overview
4.1. Macroeconomic Factors
4.2. Forecast Factors
4.3. PEST Analysis
4.4. Porter’s Five Forces
4.5. Value Chain Analysis
4.6. Market Dynamics
4.6.1. Drivers
4.6.2. Restraints
4.6.3. Opportunities
4.7. Patent Analysis
4.8. Trade Analysis
4.9. Investment Feasibility Matrix
4.10. Challenges for New Entrants
4.11. Regulations Overview
4.12. Covid-19 Impact Assessment
4.12.1. Economy/Cluster Projections
4.12.2. Covid-19 Economic Assessment
4.12.3. Potential Impact on Target Market
4.12.4. Recovery Scenario
5.1. Historical Value ($ Million) and Future Market Value ($ Million) Projection Analysis
5.2. Demand Y-o-Y Growth Rate Analysis
5.3. Total $ Opportunity Analysis
5.4. Historical Volume (Tons) and Future Market Volume (Tons) Projection Analysis
6.1. Regional Pricing Analysis by Source
6.2. Regional Price Forecast
6.3. Profit Margin Analysis
6.4. Future Price Impact Factors
7.1. Introduction
7.2. Market Trends
7.3. Historical Market Analysis and Market Forecast Analysis
7.3.1. Powdered
7.3.2. Granular
7.3.3. Pelletized
7.3.4. Extruded
7.4. Market Attractiveness Analysis
8.1. Introduction
8.2. Market Trends
8.3. Historical Market Analysis and Market Forecast Analysis
8.3.1. Liquid Phase
8.3.2. Gas Phase
8.4. Market Attractiveness Analysis
9.1. Introduction
9.2. Market Trends
9.3. Historical Market Analysis and Market Forecast Analysis
9.3.1. Water and Wastewater Treatment
9.3.2. Food and Beverages
9.3.3. Automotive
9.3.4. Pharmaceutical and Medical
9.3.5. Air Purification
9.3.6. Gas Purification
9.3.7. Industrial Processing
9.3.8. Mining
9.3.9. Others
9.4. Market Attractiveness Analysis
10.1. Introduction
10.2. Market Trends
10.3. Historical Market Analysis and Market Forecast Analysis
10.3.1. North America
10.3.2. Latin America
10.3.3. Western Europe
10.3.4. Eastern Europe
10.3.5. East Asia
10.3.6. South Asia Pacific
10.3.7. Middle East and Africa
10.4. Market Attractiveness Analysis by Region
11.1. Introduction
11.2. Key Market Trends
11.3. Pricing Analysis
11.4. Historical Market Analysis and Market Forecast Analysis
11.4.1. By Country
11.4.1.1. The U.S.
11.4.1.2. Canada
11.4.2. By Application
11.4.3. By Phase
11.4.4. By Form
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Application
11.5.3. By Phase
11.5.4. By Form
11.6. Market Participants Presence Mapping
12.1. Introduction
12.2. Key Market Trends
12.3. Pricing Analysis
12.4. Historical Market Analysis and Market Forecast Analysis
12.4.1. By Country
12.4.1.1. Brazil
12.4.1.2. Mexico
12.4.1.3. Rest of L.A.
12.4.2. By Application
12.4.3. By Phase
12.4.4. By Form
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Application
12.5.3. By Phase
12.5.4. By Form
12.6. Market Participants Presence Mapping
13.1. Introduction
13.2. Key Market Trends
13.3. Pricing Analysis
13.4. Historical Market Analysis and Market Forecast Analysis
13.4.1. By Country
13.4.1.1. Germany
13.4.1.2. Italy
13.4.1.3. France
13.4.1.4. The U.K.
13.4.1.5. Spain
13.4.1.6. BENELUX
13.4.1.7. Nordics
13.4.1.8. Rest of Western Europe
13.4.2. By Application
13.4.3. By Phase
13.4.4. By Form
13.5. Market Attractiveness Analysis
13.5.1. By Application
13.5.2. By Phase
13.5.3. By Form
13.6. Market Participants Presence Mapping
14.1. Introduction
14.2. Key Market Trends
14.3. Pricing Analysis
14.4. Historical Market Analysis and Market Forecast Analysis
14.4.1. By Country
14.4.1.1. Poland
14.4.1.2. Russia
14.4.1.3. Baltics
14.4.1.4. Balkans
14.4.1.5. Rest of Eastern Europe
14.4.2. By Application
14.4.3. By Phase
14.4.4. By Form
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Application
14.5.3. By Phase
14.5.4. By Form
14.6. Market Participants Presence Mapping
15.1. Introduction
15.2. Key Market Trends
15.3. Pricing Analysis
15.4. Historical Market Analysis and Market Forecast Analysis
15.4.1. By Country
15.4.1.1. China
15.4.1.2. Japan
15.4.1.3. South Korea
15.4.2. By Application
15.4.3. By Phase
15.4.4. By Form
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Application
15.5.3. By Phase
15.5.4. By Form
15.6. Market Participants Presence Mapping
16.1. Introduction
16.2. Key Market Trends
16.3. Pricing Analysis
16.4. Historical Market Analysis and Market Forecast Analysis
16.4.1. By Country
16.4.1.1. India
16.4.1.2. ASEAN
16.4.1.3. ANZ
16.4.1.4. Rest of SAP
16.4.2. By Application
16.4.3. By Phase
16.4.4. By Form
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Application
16.5.3. By Phase
16.5.4. By Form
16.6. Market Participant's Presence Mapping
17.1. Introduction
17.2. Key Market Trends
17.3. Pricing Analysis
17.4. Historical Market Analysis and Market Forecast Analysis
17.4.1. By Country
17.4.1.1. GCC Countries
17.4.1.2. Turkey
17.4.1.3. South Africa
17.4.1.4. Rest of MEA
17.4.2. By Application
17.4.3. By Phase
17.4.4. By Form
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Application
17.5.3. By Phase
17.5.4. By Form
17.6. Market Participants Presence Mapping
18.1. Market Concentration Analysis
18.2. Tier Structure Breakdown
18.3. Market Share Analysis
18.4. Production Capacity Analysis
18.5. Key Strategies Adopted by Top Players
18.6. Start-up Ecosystem
18.6.1. New Player Entry
18.6.2. Strategies Adopted by New Players
18.7. Company Footprint Analysis
18.8. Competitive Dashboard
19.1. Cabot Norit Activa
ted Carbon
19.2. Haycarb PLC
19.3. Kuraray
of Arkema Group)
19.5. Donau Carbon Group
19.6. Carbotech GmbH
19.7. Jacobi Carbons
19.8. Desotec
19.9. Prominent Systems, Inc