Market Forecast by Countries (United States, Canada), By Product (Powdered, Granular, Others), By Application (Liquid Phase, Gas Phase), By End-use (Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification, Others) And Competitive Landscape
Product Code: ETC075343 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America Activated Carbon Marketย is expected to witness elevated growth in the coming years. The key growth factors of the market are the increasing need for water purification and air purification. Growing urbanization and increased industrialization have radically increased air pollution which is acting as a major growth driver of the activated Carbon Market. Additionally, this region has also been using granular activated carbon adsorption techniques since 2015, primarily for the advanced or tertiary treatment of industrial and municipal wastewater. Furthermore, the soaring demand for filtered and unadulterated freshwater is boosting the market demand. Moreover, high demand for the treatment of various pollutants, including dyes, ions, and a range of organic pollutants is expected to accelerate the growth of this market. Likewise, the growing demand for pharmaceutical products and medical applications of activated carbon is expected to drive the market. Also, activated carbon is used to remove contaminants or impurities, such as odor and color from food liquids, sweeteners, beverages, syrups, organic and amino acids. An increase in demand for processed food and beverage is expected to spur the growth of this market. However, the threat of substitutes like silica gel and the development of other alternatives may hinder the growth of the market. Moreover, the high cost of activated carbon may act as a barrier to developing and underdeveloped countries. Also, the shortage of key raw materials has restricted the production of activated carbon. The outbreak of the Covid-19 pandemic has acted as a massive restraint for this market as it has restricted the flow of goods and manpower. Covid-19 has anyway reinforced the interest in water treatment and air refinement of synthetic substances like activated carbon. The market in the region is anticipated to hamper even with COVID-19 owing to the expanding application scope over post-pandemic. North America has been severely affected by the Covid-19 pandemic and shows no sign of slowing down which is expected to worsen the market for activated carbon.
According to 6Wresearch, North America activated Carbon Market is anticipated to witness substantial growth during 2021-2027.ย North America is the second-largest market for activated carbon after the Asia Pacific. North America holds a significant share due to the saturation of end-use industries and moderate growth rate. The United States is expected to have high demand followed by Canada. Growing environmental concerns and stringent government rules in the United States is propelling the growth of this market. North American activated Carbon Market is consolidated, with the top five players accounting for around half of the market. Some of the key players are Ingevity, Kuraray Co., Cabot Corporation, PURAGEN ACTIVATED CARBONS, Ltd, and Donau Chemie AG, among others.
Based on product types, the activated Carbon Market is segmented into powdered activated carbon, granular activated carbon and other activated carbon. Powdered Activated carbon is the fastest-growing segment in the activated Carbon Market. In North American activated Carbon Market water purification accounts for a majority of use, followed by gas purification and Medicinal use. Water treatment technology is gaining prominence in this region. Activated Carbon End-use incorporates water treatment, food and refreshment processing, pharmaceutical and clinical, car, air decontamination. Gas Purification is expected to continue to grow in demand and expand the market share of activated carbon.
North America activated Carbon Market report thoroughly covers the market by product, applications, end-use and countries including the United States and Canada. North America activated Carbon Market outlook report provides an unbiased and detailed analysis of ongoing North America activated Carbon Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered
The market report covers the following market segments to define the market growth:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Activated Carbon Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Activated Carbon Market Revenues & Volume, 2020 & 2027F |
3.3 North America Activated Carbon Market - Industry Life Cycle |
3.4 North America Activated Carbon Market - Porter's Five Forces |
3.5 North America Activated Carbon Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Activated Carbon Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 North America Activated Carbon Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 North America Activated Carbon Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 North America Activated Carbon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Activated Carbon Market Trends |
6 North America Activated Carbon Market, 2017 - 2027 |
6.1 North America Activated Carbon Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 North America Activated Carbon Market, Revenues & Volume, By Application, 2017 - 2027 |
6.3 North America Activated Carbon Market, Revenues & Volume, By End-use, 2017 - 2027 |
7 United States Activated Carbon Market, 2017 - 2027 |
7.1 United States Activated Carbon Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 United States Activated Carbon Market, Revenues & Volume, By Application, 2017 - 2027 |
7.3 United States Activated Carbon Market, Revenues & Volume, By End-use, 2017 - 2027 |
8 Canada Activated Carbon Market, 2017 - 2027 |
8.1 Canada Activated Carbon Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 Canada Activated Carbon Market, Revenues & Volume, By Application, 2017 - 2027 |
8.3 Canada Activated Carbon Market, Revenues & Volume, By End-use, 2017 - 2027 |
9 North America Activated Carbon Market Key Performance Indicators |
10 North America Activated Carbon Market - Opportunity Assessment |
10.1 North America Activated Carbon Market Opportunity Assessment, By Countries, 2020 & 2027F |
10.2 North America Activated Carbon Market Opportunity Assessment, By Product, 2020 & 2027F |
10.3 North America Activated Carbon Market Opportunity Assessment, By Application, 2020 & 2027F |
10.4 North America Activated Carbon Market Opportunity Assessment, By End-use, 2020 & 2027F |
11 North America Activated Carbon Market - Competitive Landscape |
11.1 North America Activated Carbon Market Revenue Share, By Companies, 2020 |
11.2 North America Activated Carbon Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |