North America Activated Carbon Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Pelletized and Others, Granular, and Powdered) and Application (Water Treatment, Food and Beverages, Pharmaceuticals, Automotive, and Others)
The activated carbon market in North America is expected to grow from US$ 1,262.08 million in 2021 to US$ 2,316.50 million by 2028; it is estimated to grow at a CAGR of 9.1% from 2021 to 2028.
Many countries in the region are adopting a circular economy for sustainability. The urban wastewater treatment plants (WWTPs) are a vital aspect of circular sustainability due to the integration of resource recovery and energy production during clean water production. WWTPs are expected to become technologically-ecological sustainable systems. Over the past two decades, numerous factors have led to a growing demand for wastewater treatment. The major drivers for the increased demand for wastewater treatment include the recovery of energy & water from wastewater and nutrient needs. Activated carbon is one of the most prominently used materials in various wastewater treatment facilities. Moreover, the material can be obtained from bioresources and is cheaper than other technologies. The use of powdered activated carbon is one of the most convenient methods for the purification of wastewater. The impurities in the water can be removed with the help of simple filtration processes, which is further anticipated to drive the activated carbon market in North America.
North America Activated Carbon Market Revenue and Forecast to 2028 (US$ Million)
North America Activated Carbon Market Segmentation
The North America activated carbon market segmented by type, application, and country. Based on type, the North America activated carbon market is segmented into granular, powdered, and pelletized and others. In 2020, the powdered segment accounted for the largest revenue share. Based on application, the North America activated carbon market is segmented into water treatment, food and beverages, pharmaceuticals, automotive, and others. In 2020, the water treatment segment accounted for the largest revenue share. Similarly, based on country, the market is segmented into the US, Canada, and Mexico. The US contributed a substantial share in 2020. Activated Carbon Technologies Pty Ltd; Albemarle Corporation; CABOT CORPORATION; CALGON CARBON CORPORATION; HAYCARB (PVT) LTD; JACOBI CARBONS GROUP; KURARAY CO., LTD.; and Osaka Gas Chemical Co. Ltd are among the leading companies in the North America activated carbon market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Activated Carbon Market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the North America Activated Carbon Market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Activated Carbon Market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook