Activated carbon, also called activated charcoal, is a form of carbon that has been processed to make it extremely porous and thus to have a very large surface area available for adsorption or chemical reactions. Due to its high degree of microporosity, just one gram of activated carbon has a surface area in excess of 500m2, as determined by gas adsorption. This extraordinary high adsorptive capacity has made activated carbon useful in countless applications, ranging from water purification to air filters and filtering liquids. The global activated carbon market has gained significant traction over the years due to increased implementation of stringent environmental regulations coupled with expanding demand from water and air treatment applications.
Market Dynamics:
The global activated carbon market is driven by the rising demand from automotive, food & beverage and industrial gas purification applications. Furthermore, stringent government regulations regarding emission control and water treatment standards have augmented the market growth. Additionally, activated carbon's high adsorption capacity, non-toxic nature and regenerative properties have increased its adoption across industries. However, the availability of alternative purification methods and high cost of production are limiting the market expansion. Moreover, unstable prices of raw materials are a major challenge. On the other hand, developing end-use industries in emerging nations are expected to pave new growth opportunities in the coming years. Development of novel production technologies to reduce costs will further provide impetus to industry players.
Key Features of the Study:
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