Global Activated Carbon Market Outlook (2018 to 2032)
Synopsis
The above chart is Global Activated Carbon Market Outlook (2018 to 2032)
Market Dynamics
The figure depicts data for the global activated carbon market from 2018 to 2032, when the market size was usd 7.3 billion in 2022 and the cagr was predicted to be 6.5% from 2023 to 2030.
activated carbon is used in a range of applications to cleanse liquids and gases, including municipal drinking water, food and beverage processing, odour elimination, and industrial pollution control. carbonaceous source materials such as coconuts, nutshells, coal, peat, and wood are used to make activated carbon. any organic material with a high carbon content is the primary source material for activated carbon
adsorption is a method that uses a solid to remove a soluble component from water. the solid in this process is active carbon. activated carbon is manufactured specifically to have a large interior surface area (500 - 1500 m2/g). because of its large interior surface, active carbon is good for adsorption. powder activated carbon (pac) and granular activated carbon (gac) are the two types of active carbon
coconut shell, resin, wood, and viscose rayon are the main raw materials utilised in the product's production. carbon yield is high when a large amount of raw material is used in the production process. the rising demand for activated carbon black, along with restricted raw material supply, has resulted in major price increases. as a result, in order to preserve profitability, businesses are continuously seeking for ways to optimise their manufacturing processes and reduce their dependency on costly raw materials
the purity of the product is heavily influenced by the raw materials used. gac derived from wood contains calcium, but gac derived from coal contains iron. furthermore, coconut has 2-4% ash, wood has 3-6% ash, bituminous and anthracite have 5-15% ash, while lignite has 25-30% ash. in comparison to coal and coconut shell products, wood-based products have a higher proportion of meso and macropores
water treatment was the most profiusd billion end-use industry, accounting for 42.82% of total revenue. this is due to activated carbon's ability to remove particulate and dissolved contaminants. it also purifies water by removing pollutants including chlorine. it is used to filter the air in greenhouses and manufacturing industries to remove toxic gases, odours, and harmful dust particles. the product is also suiusd billion for usage in the food and beverage, pharmaceutical and medical, and automotive industries
covid-19 has spread to every significant industry. to prevent the virus from spreading, the world's major economies were forced to institute lockdowns and limitations. this has a negative impact on the economies of all major countries. all industries and manufacturing units were closed, which had a significant influence on the supply chain. key countries such as china, germany, india, and canada experienced a negative impact on product demand. however, the progressive opening up of many industries has resulted in the economy's consistent growth of the demand in the worldwide market