Activated Carbon Market worth US$ 14374.2 Million 2029 with a CAGR of 7.4%

Activated Carbon Market is projected to grow from US$ 6962.6 million in 2019 to US$ 14374.2 million by 2029. The global activated carbon market is expected to register moderate growth over the forecast period. This is attributed to increasing adoption of activated carbon as a water-purifying agent to reduce environmental risk caused due to water pollution. Furthermore, activated carbon to remove color from pharmaceutical and food products as well as treatment for poisonings and overdose of oral ingestion are which creating more demand for carbon are driving growth of the global activated carbon market.

The report “Global Activated Carbon Market, by Product (Powdered Activated Carbon, Granular Activated Carbon, and Pelletized Activated Carbon), by Application (Liquid phase and Gas phase), by End-Use (Water Treatment, Food And Beverages Industry, Pharmaceuticals And Medical, Automotive, Air Purification, and Others (Electronic, Mining, Oil And Gas, and Pulp and Paper), and Region – Global Forecast to 2029”