August 18, 2022 12:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

Wilmington, Delaware, United States, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The demand analysis of activated carbon market expects the market to rise at a CAGR of 8.3% during the forecast timeline, from 2020 to 2030. Based on value, the activated carbon market is likely to attain value of US$ 7.3 Bn by 2030. The growing usage for activated carbon from a broad range of industrial domains, comprising cosmetic, food & beverage, and pharmaceutical, is estimated to drive positive activated carbon market outlook. Rising emphasis on wastewater treatment by civic bodies in different parts of the world are expected to work in favour of the global activated carbon market.

The sales of activated carbon market is predicted to rise due to rising demand for activated carbon and its expanding applications across various sectors. In the not-too-distant future, the activated carbon is expected to have a very profitable application prospects in air purification segment.

Due to the COVID-19 outbreak, the need for personal protective equipment has grown exponentially around the world. As a result, the demand for activated carbon filter masks has increased, creating a plethora of possibilities for players in the activated carbon market. The use of activated carbon is anticipated to increase significantly during the COVID-19 outbreak since several studies have consistently shown that carbon filters in masks play a crucial role in boosting respiratory muscles and lung capacity.

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Key Findings of Market Report

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Global Activated Carbon Market: Growth Drivers

Global Activated Carbon Market: Key Players

Some of the key market players are

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Global Activated Carbon Market: Segmentation

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