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Activated Carbon Market Analysis, Market Size, Major Drivers and … – GlobeNewswire

| Source: Rationalstat LLC Rationalstat LLC
Wilmington, Delaware, UNITED STATES
Wilmington, Delaware, Oct. 20, 2023 (GLOBE NEWSWIRE) — According to RationalStat’s most recent industry analysis, the Global Activated Carbon Market value is estimated at US$ 3.3 billion in 2023 and is expected to rise at a strong CAGR of over 2.8% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview                                                              
Activated carbon, commonly known as activated charcoal, is a porous material made from carbonaceous materials such as coal, coconut shells, peat, wood, or sawdust. It is activated in a unique way that creates millions of small pores between carbon atoms, resulting in a highly adsorbent substance.
Continuous research and development efforts have resulted in the discovery of new uses for activated carbon, such as in energy storage devices such as supercapacitors and environmental solutions such as carbon capture and storage (CCS) technologies, which have contributed to the market’s growth.
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Global Activated Carbon Market: Segmental and Market Share Analysis
Report Synopsis
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global activated carbon market include,
Some of the prominent players and suppliers operating and contributing significantly to the global activated carbon market growth include Cabot Corporation, Kuraray, Haycarb PLC, Carbon Activated Corporation, Calgon Carbon Corporation, Jacobi Carbons AB, Donau Carbon GmbH, Osaka Gas Chemicals Co., Ltd., CLARIANT, and PICA USA, among others.
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RationalStat has segmented the global activated carbon market based on type, application and region

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Key Questions Answered in the Activated Carbon Report:
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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