Activated Carbon Market: Regional Segmentation Insights and Growth Trends
The global activated carbon market was valued at USD 4.92 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. Activated carbon plays a crucial role in purifying liquids and gases across a broad spectrum of end-use applications. These include municipal drinking water treatment, food and beverage processing, automotive industries, and many others. The growing demand for activated carbon in these applications can be attributed to its numerous advantageous properties, such as cost-effectiveness, its ability to remove bad tastes, color stability, and its efficient odor removal capabilities. One of the most important applications of activated carbon is in water treatment. Activated carbon is effective in removing a wide range of contaminants, including chlorine, pesticides, heavy metals, and industrial chemicals...