North America Activated Carbon Market Key Futuristic Trends and Opportunities by 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.
The North America Activated Carbon Market is experiencing
notable growth, driven by increasing demand across various sectors such as
water purification, air filtration, and industrial processing. This surge is
largely attributed to heightened environmental concerns, regulatory standards
regarding emissions, and the necessity for clean and safe water. As industries
and municipalities seek effective methods to remove contaminants, activated
carbon stands out as a highly efficient adsorbent, further propelling the North
America Activated Carbon Market forward. In recent years, the market has
witnessed significant investments aimed at expanding production capacities and
enhancing product quality. These advancements are essential to meet the rising
demand for activated carbon in applications such as wastewater treatment, food
and beverage processing, and air purification systems. The North America
Activated Carbon Market is also benefiting from technological improvements that
make production processes more efficient and cost-effective. This has led to
the availability of various grades of activated carbon, tailored to specific
applications, supporting the market’s diversification.
📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝
𝐒𝐚𝐦𝐩𝐥𝐞
𝐏𝐃𝐅
𝐂𝐨𝐩𝐲@
https://www.businessmarketinsights.com/sample/TIPRE00028836
One of the key factors driving the North America Activated
Carbon Market is the increasing need for potable water and stringent
regulations regarding industrial discharge. Activated carbon is widely used in
municipal water treatment facilities to remove organic compounds, chlorine, and
other harmful impurities. The ability of activated carbon to improve the taste
and odor of drinking water makes it a preferred choice among consumers and
public health authorities alike. Consequently, the North America Activated
Carbon Market continues to grow in alignment with these regulatory and public
health trends.
Air purification is another critical application area
contributing to the expansion of the North America Activated Carbon Market.
With growing awareness of indoor and outdoor air pollution, activated carbon is
increasingly used in air filtration systems in homes, offices, and industrial
facilities. Its high surface area and porous structure allow it to effectively
capture volatile organic compounds and other airborne pollutants. As air
quality concerns gain more traction, the North America Activated Carbon Market
is poised for sustained growth.
The market also reflects the rising adoption of activated
carbon in the healthcare and pharmaceutical sectors. Activated carbon plays a
significant role in medical applications, including poisoning treatments and
the production of pharmaceuticals. As these industries expand, so too does the
North America Activated Carbon Market, which must respond to the increasing and
varied demand.
Another factor supporting market growth is the expanding use
of activated carbon in the energy sector, particularly in gas purification and
the recovery of precious metals. These applications require high-performance
carbon products, spurring further innovation within the North America Activated
Carbon Market. This ongoing technological advancement helps to enhance
performance, reduce costs, and ensure a stable supply chain. In conclusion, the
North America Activated Carbon Market is undergoing dynamic transformation,
influenced by regulatory, environmental, and technological trends. As demand
continues to rise from multiple sectors, the market is expected to maintain its
upward trajectory. The emphasis on sustainability and clean technologies will
likely reinforce the importance and value of the North America Activated Carbon
Market for years to come.
📚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
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.
The North America activated carbon market is
witnessing a transformative period driven by increasing environmental concerns,
tightening regulations, and a growing commitment to sustainability across
multiple sectors. One of the major trends shaping the region’s environmental
strategies is the transition towards a circular economy. This model emphasizes
minimizing waste, maximizing resource efficiency, and extending the lifecycle
of materials. Within this framework, urban wastewater treatment plants (WWTPs) have
emerged as key elements in fostering circular sustainability. These facilities
not only play a crucial role in producing clean water but also integrate
technologies that enable resource recovery and energy generation. Their
evolution into technologically-ecological sustainable systems aligns with the
broader goals of environmental preservation and resource optimization.
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Business
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