Activated Carbon Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The global activated carbon market is expected to reach 1,745.95 kilotons by the end of this year and is projected to register a CAGR of over 3% during the forecast period.
In 2020, the activated carbon market did not face any significant decline. However, the demand was reduced, considering the temporary halt of activities in various end-user industries, such as metal extraction and others. Furthermore, in 2021, the demand for the market studied picked up the pace and is likely to grow at a significant rate in the coming years.
Key HighlightsThe activated carbon market is partially consolidated, where the top-five players account for a major share of the global market. The major companies in the activated carbon market include (not in any particular order) Kuraray Co. Ltd, Cabot Corporation, Ingevity, Jacobi Carbons Group, and Haycarb (Pvt) Ltd, among other companies.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook