Globally, the activated carbon powders market is expected to expand at a significant CAGR over the next few years due to its growing scope and applications. Key factors such as increasing investments in water purification plants, growing demand for activated carbon powder for water and sewage treatment applications, stringent government regulations for pollution, and rapid advancements in manufacturing techniques are expected to drive global market growth.
Activated carbon, also called activated charcoal is a form of carbon widely used for filtering contaminants from air and water. It is processed to small, low volume pores that help in increasing the surface for adsorption or chemical reactions. Powered activated carbon is made up of ground or crushed carbon particles, less than 1.0 mm in size and is directly added to process units such as rapid mix basins, gravity filters, raw water intakes, and clarifiers. Activated carbon powder is widely used in gold purification, water purification, solvent recovery, decaffeination, metal extraction, medicine, teeth whitening, and production of hydrogen chloride among others.
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High usage of activated carbon powder in treating medical emergencies like overdoses and poisonings, extracting oral anticoagulants from blood plasma samples, and other applications such as fuel storage, mercury scrubbing, food additive, and skin care and increasing investments for enhancing powdered activated carbon manufacturing are expected to drive global market growth.
However, high cost of activated carbon, stringent regulations for development of activated carbon powder, and fluctuating prices of raw materials are expected to restrain global activated carbon powders market growth going ahead.
Chemical Method Activated Carbon Powders Segment To Register Rapid Revenue CAGR:
The chemical method activated carbon powders segment is expected to register rapid revenue CAGR between 2017 and 2028 owing to rapid advancements in chemical processing for extracting activated carbon powder, high preference for chemical method due to less process time and faster results, and increasing investments for enhancing chemical processes.
Food Industry Segment to Account for Largest Revenue Share:
The food industry segment is expected to account for largest revenue share over the forecast period. This can be due to factors such as increasing focus on improving and maintaining food safety and quality, high usage of activated carbon for treating sugar solutions, edible oils, and fats, and growing demand for the product due to its ability to remove unwanted odor and taste from various food products.
Asia Pacific to Account for Significant Revenue Share:
Asia Pacific market is expected to account for significant revenue share in the global market owing to increasing demand for purified and potable water, rising pollution levels due to rapid expansion of population in countries like India and China, and presence of key manufacturers. In addition, high usage of activated carbon powder in water and sewage treatment, air and gas purification, food and beverages, and pharmaceutical & healthcare sectord, and increasing investments for enhancing production processes are expected to drive Asia Pacific market growth during the forecast period.
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Activated Carbon Powders Market By Company:
OSAKA GAS CHEMICALS
Auro Carbon & Chemicals
For the purpose of this report, Xcellent Insights has segmented the global activated carbon powders market based on type, application and region:
Activated Carbon Powders Market Segment by Type:
Physical Method Activated Carbon Powders
Chemical Method Activated Carbon Powders
Activated Carbon Powders Market Segment by Application:
Activated Carbon Powders Market Segment by Region:
Rest of Asia
Rest of Latin America
Middle East & Africa
Rest of MEA
Key Reasons to Purchase:
Estimates 2022 to 2028 activated carbon powders market current market trends and development trends
Market dynamics along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the activated carbon powders market
Competitive landscape involving market share of the major players, new strategies and projects adopted by players in the last five years
Comprehensive company profiles covering product offerings, key financial information, SWOT analysis and strategies employed by major market players
Brief about impact of COVID-19 on the global activated carbon powders market
Key Questions Addressed:
What revenue CAGR is the global market expected to register during the forecast period?
Which key players are leading in the global activated carbon powders market?
What is the expected market size of the global activated carbon powders market between 2022 and 2028?
What factors are expected to open new growth avenues and opportunities for existing and emerging market players?
What are some of the key challenges that the global market is expected to face during the forecast period?
Which region is expected to account for largest revenue share over the forecast period?
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