North America Activated Carbon Market - Global Drivers, Opportunities, Trends, and Forecasts 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.
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.
📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝
𝐒𝐚𝐦𝐩𝐥𝐞
𝐏𝐃𝐅
𝐂𝐨𝐩𝐲@
https://www.businessmarketinsights.com/sample/TIPRE00028836
The North America Activated Carbon Market is experiencing
steady growth due to increasing environmental concerns, industrial activities,
and stringent government regulations on pollution control. Activated carbon,
known for its highly porous structure and excellent adsorption properties,
plays a crucial role in air and water purification, making it a valuable
component in various industrial and municipal applications.
One of the primary drivers of the North America Activated Carbon
Market is the rising demand for clean water. Water treatment facilities across
the region increasingly rely on activated carbon to remove organic compounds,
chlorine, and other contaminants from drinking water. The market is further
fueled by growing awareness of water quality and public health, particularly in
urban areas where industrial waste often contaminates water sources.
Air purification is another significant segment contributing
to the expansion of the North America Activated Carbon Market. With growing
concerns about air pollution and indoor air quality, activated carbon is
extensively used in HVAC systems, gas masks, and air purifiers. The material’s
ability to capture volatile organic compounds (VOCs) and harmful gases has made
it indispensable in both residential and industrial settings.
Furthermore, the North America Activated Carbon Market is
benefitting from increased applications in the food and beverage industry.
Activated carbon is used to decolorize sugar, purify beverages, and remove
impurities in edible oils. These applications demand high-quality activated
carbon that meets strict safety and performance standards, thus supporting
market growth.
The pharmaceutical sector also plays a role in the
development of the North America Activated Carbon Market. Activated carbon is
commonly used in the production of drugs and as an antidote for poisonings and
overdoses due to its high adsorption capacity. This sector's expansion,
especially with growing healthcare infrastructure, adds momentum to market
demand.
Another factor supporting the North America Activated Carbon
Market is the growing interest in sustainable and renewable energy sources.
Activated carbon is used in energy storage systems, such as supercapacitors and
fuel cells, where its high surface area and conductivity offer significant
performance benefits. As clean energy initiatives continue to rise, so does the
potential for activated carbon applications in this area.
Environmental regulations remain a key influence on the North
America Activated Carbon Market. Governments are implementing stricter
standards for emissions and wastewater discharge, compelling industries to
adopt effective purification technologies. This regulatory landscape encourages
consistent investment in activated carbon solutions to meet compliance goals.
The versatility of activated carbon extends to metal
recovery, where it is used in extracting precious metals from mining and
industrial processes. This contributes to the overall strength of the North
America Activated Carbon Market, as demand for valuable metal recovery
processes remains high in various industrial sectors.
Despite challenges such as fluctuating raw material costs
and competition from alternative filtration media, the North America Activated
Carbon Market remains resilient due to its critical role in health,
environmental safety, and industrial operations.
In summary, the North America Activated Carbon Market
continues to grow as demand increases across sectors such as water and air
purification, food and beverage, pharmaceuticals, energy, and metal recovery.
As sustainability becomes a core priority for industries, the reliance on
activated carbon will further solidify its position as a vital material in
achieving cleaner, safer, and more efficient processes.
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.
North
America Activated Carbon Regional Insights
The geographic scope of the North America Activated Carbon
refers to the specific areas in which a business operates and competes.
Understanding local distinctions, such as diverse consumer preferences (e.g.,
demand for specific plug types or battery backup durations), varying economic
conditions, and regulatory environments, is crucial for tailoring strategies to
specific markets. Businesses can expand their reach by identifying underserved
areas or adapting their offerings to meet local demands. A clear market focus
allows for more effective resource allocation, targeted marketing campaigns,
and better positioning against local competitors, ultimately driving growth in
those targeted areas.
📚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
The North America activated carbon market is experiencing
steady growth, driven by rising environmental concerns, increasing demand for
water and air purification, and the expansion of industrial applications.
Activated carbon, also known as activated charcoal, is a form of carbon
processed to have small, low-volume pores that increase the surface area
available for adsorption or chemical reactions. Its exceptional adsorptive
properties make it ideal for removing contaminants from air, water, and
industrial processes, which has led to its wide-scale adoption across multiple
industries in North America.
One of the key factors propelling the growth of the
activated carbon market in North America is the increasing stringency of
environmental regulations. Government agencies across the region are
implementing stricter norms to control emissions from industries and to ensure
clean water supply for both residential and commercial sectors. This regulatory
pressure is prompting industries such as power generation, manufacturing, and
chemicals to adopt activated carbon for pollution control. For instance, in the
energy sector, activated carbon is used in mercury removal from coal-fired
power plant emissions. With regulations mandating mercury emission controls,
utilities are deploying activated carbon injection systems to comply with legal
standards, thereby fueling market demand.
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Business
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