Pelletized Activated Carbon

Global pelletized activated carbon is forecast to 3.51% over the next five years. According to the WK-chem Research, “Global Pelletized Activated Carbon Professional Survey Report 2024, Forecast to 2029”, growing pollution on account of emissions caused during product manufacturing has been a significant factor driving the product market.. The compound annual growth rate (CAGR) for the 2024-2029 period is projected to be 3.51% base on WK-chem Research regression analysis model.


Analysts’ Viewpoint:
“Manufactures should develop and use technologies to supply various products to meet consumer requirements to improve the development of the market. These include products with higher performance for special application in several industries such as air environment, water purification, food and beverages”, said Ada Thompson, Senior analyst, in WK-chem Research.


Market insight:
The global pelletized activated carbon market is projected to grow at a significant CAGR as the demand of the pelletized activated carbon is increasing due to rapidly rising industrialization worldwide. The growing concern about the removal of mercury emission from various end-use industries such as cement kilns, coal fired generators, waste incinerators, steel mills, industrial boilers as well as favorable regulations in Europe and U.S. such as “Clean Air Mercury Rule” from EPA for lowering mercury emissions are the major drivers of the global pelletized activated carbon market. The government subsidies to safeguard the environment also boost the demand of the pelletized activated carbon and drives the growth of the global pelletized activated carbon market.
However, prices of all key raw materials have escalated in recent years. Wood, coconut shell, and coal all have seen steep price appreciation, raising the cost of production for manufacturers in the pelletized activated carbon market.


Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pelletized activated carbon companies that include: Calgon Carbon Corporation, Ada Carbon Solutions LLC., Carbotech, Siemens Water Technologies Corp, Cabot Corporation, Carbon activated Corporation, Meadwestvaco Corporation, Carbon resources LLC., Clarinex Group, Carbotech AC GmbH.


Segmentation of Pelletized Activated Carbon Market:
According to the type, the market for pelletized activated carbon is divided into: Coal, Wood, Coconut shell, Lignite, Bamboo, Paddy husk and Others. Coconut shell has the largest market share. Activated carbon made from coconut shell is ideal for water filtration, as its tiny micropores match the size of most water-based contaminants. In addition, coconuts are a renewable resource. A coconut tree can live for 100 years, and it will continue to produce coconuts until approximately 70 years of age.
According to the application, the market for pelletized activated carbon is divided into: Water treatment, Air purification and treatment, Industrial processes, Mercury removal, Others. Water treatment has the largest market share. The water treatment segment holds the largest market share and is expected to remain the largest throughout the forecast period. The product is commonly used in water treatment to adsorb organic compounds, odor and taste compounds, toxic substances, and oils. It is widely used due to its high porosity and offers a larger surface area for adsorption. The rising need to treat water throughout the world due to the depleting natural sources and increasing number of pollutants is responsible for the market growth. Besides, the strict norms implemented to treat industrial wastewater are expected to support the segment growth.


Pelletized Activated Carbon Market: Regional Analysis
In terms of geography, the global pelletized activated carbon market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. Asia Pacific dominated the market with the most value. It is expected to remain dominant throughout the forecast period due to China and India being two of the consuming countries, mainly for water treatment applications. The exponential rise in population in Asia-Pacific has led to an increased need for pure and safe potable water, thereby resulting in increasing demand. Additionally, ease of availability of raw materials and their low costs will support the growth of the market.

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