North America Activated Carbon Market Trends, Growth, Size, Share, Segmentation and Forecast to 2028
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.
North America Activated Carbon Market 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. North America Activated Carbon Market WWTPs are expected to become
technologically-ecological sustainable systems. North America Activated Carbon
Market 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. North America Activated Carbon Market 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 Strategic Insights
North America Activated Carbon Market Strategic insights for
the North America Activated Carbon provides data-driven analysis of the
industry landscape, including current trends, key players, and regional
nuances. These insights offer actionable recommendations, enabling readers to
differentiate themselves from competitors by identifying untapped segments or
developing unique value propositions. Leveraging data analytics, these insights
help industry players anticipate the market shifts, whether investors,
manufacturers, or other stakeholders. North America Activated Carbon Market A
future-oriented perspective is essential, helping stakeholders anticipate
market shifts and position themselves for long-term success in this dynamic
region. North America Activated Carbon Market Ultimately, effective strategic
insights empower readers to make informed decisions that drive profitability
and achieve their business objectives within the market.
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𝐒𝐚𝐦𝐩𝐥𝐞
𝐏𝐃𝐅
𝐂𝐨𝐩𝐲@
https://www.businessmarketinsights.com/sample/TIPRE00028836
Market
Overview
The North American activated carbon market has witnessed
steady growth in recent years. North America Activated Carbon Market This
growth is driven by factors such as increased awareness regarding environmental
sustainability, stricter environmental regulations, and the growing demand for
clean and purified air and water. North America Activated Carbon Market The
market in North America is largely driven by the United States and Canada, both
of which have extensive manufacturing and industrial bases, as well as
sophisticated environmental protection frameworks.
The primary use of activated carbon in North America is in
water treatment, where it is used for removing organic compounds, chlorine,
volatile organic compounds (VOCs), and other contaminants. Activated carbon is
also in high demand in the industrial air purification sector, which is used to
control emissions from factories, power plants, and refineries.
According to a report by Grand View Research, the North
American activated carbon market size was valued at approximately USD 1.1
billion in 2020 and is expected to expand at a compound annual growth rate
(CAGR) of 7.0% from 2021 to 2028.
Key Market
Drivers
1.Rising Demand for Clean Drinking Water: North America
Activated Carbon Market The growing need for safe and clean drinking water in
both urban and rural areas of North America has significantly contributed to
the increasing demand for activated carbon. The escalating levels of
contaminants in water, such as chlorine, pesticides, and volatile organic
compounds (VOCs), make activated carbon a preferred solution for water
purification. In the United States, government regulations such as the Safe
Drinking Water Act (SDWA) mandate utilities to remove contaminants from drinking
water, driving the adoption of activated carbon in municipal and industrial
water treatment systems.
2.Air Purification and Emission Control: North America
Activated Carbon Market Activated carbon is highly effective at adsorbing
gases, odors, and other airborne pollutants, which is particularly important
for air pollution control in industrial facilities. With growing concerns over
air quality and stringent environmental regulations, industries are
increasingly adopting activated carbon for controlling emissions. Industries
such as oil refineries, petrochemical plants, power plants, and food processing
facilities utilize activated carbon in air filtration systems to reduce harmful
emissions and meet regulatory standards. The United States Environmental
Protection Agency (EPA) enforces rules for air quality, which drives the demand
for efficient air filtration technologies, including activated carbon
solutions.
📚𝐅𝐮𝐥𝐥
𝐑𝐞𝐩𝐨𝐫𝐭
𝐋𝐢𝐧𝐤
@ https://www.businessmarketinsights.com/reports/north-america-activated-carbon-market
𝐓𝐡𝐞 𝐋𝐢𝐬𝐭
𝐨𝐟
𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬
Activated Carbon Technologies Pty Ltd
Albemarle Corporation
CABOT CORPORATION
CALGON CARBON CORPORATION
HAYCARB (PVT) LTD
JACOBI CARBONS GROUP
KURARAY CO., LTD.
Osaka Gas Chemical Co. Ltd
3.Health and Safety Concerns: The increasing awareness of
health and safety among the general population has also contributed to the
growing demand for activated carbon in various applications, including food and
beverage, pharmaceuticals, and personal care. Activated carbon is used in the
food and beverage industry to purify liquids, such as alcohol and juices, by
removing unwanted flavors and impurities. Additionally, activated carbon is a
key ingredient in medical treatments for poisoning, and the rise in emergency
medical cases involving poisoning has spurred demand for activated carbon in
healthcare.
4.Government Regulations and Environmental Sustainability: North
America Activated Carbon Market Stringent government regulations related to
water and air quality have been a significant driver for the market. Agencies
such as the EPA in the U.S. and the Canadian Environmental Assessment Agency
(CEAA) regulate environmental emissions and discharge standards, which drive
the demand for activated carbon in emission control, wastewater treatment, and
other environmental applications. As governments push for greater
sustainability, companies are under pressure to adopt eco-friendly and
efficient technologies, further propelling the market for activated carbon.
North
America Activated Carbon Market
The North American activated carbon
market is an integral component of various industries, such as water treatment,
air purification, food and beverage, pharmaceuticals, and industrial processes.
Activated carbon, also known as activated charcoal, is a highly porous material
produced from natural carbon-rich substances such as wood, coconut shells, and
coal. Its properties, such as high surface area and adsorption capacity, make
it an essential component in a wide array of applications, from environmental
protection to industrial processes. This article explores the key drivers,
trends, challenges, and prospects for the activated carbon market in North
America.
Market
Trends
- Technological Advancements: The activated carbon industry is witnessing
continuous technological advancements in the production and regeneration
of activated carbon. Manufacturers are focusing on improving the
performance of activated carbon through innovations in activation
processes and the development of advanced materials. The rise of
nanotechnology, for instance, has enabled the creation of activated carbon
with enhanced surface areas, leading to improved adsorption capacities.
Additionally, advances in the regeneration of spent activated carbon are
improving the sustainability of the material, reducing waste, and
promoting circular economy practices.
- Rise of Coconut Shell-Based Activated Carbon: Coconut shell-based activated carbon is gaining
popularity due to its superior adsorption properties, sustainability, and
environmental benefits. Coconut shells are considered a renewable
resource, and the production of activated carbon from coconut shells is
more eco-friendly than traditional coal-based activated carbon. As a
result, coconut shell-based activated carbon is being increasingly adopted
in industries such as water purification, air filtration, and even in the
automotive industry for emission control.
- Increasing Adoption in Emerging Markets: While North America remains a dominant market for
activated carbon, there is a rising trend of adoption in emerging markets
within the region, particularly in Mexico and Central America. As these
countries develop and industrialize, there is a greater need for water and
air purification, creating new opportunities for the activated carbon
market.
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
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