Global Activated Carbon Market Forecast to 2034: Focus on Application, End-use Industry, Activated Carbon Type, Raw Material, and Region [Yahoo! Finance]
Cabot Corporation (CBT)
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Source: Yahoo! Finance
Application, End-use Industry, Activated Carbon Type, Raw Material, and Region" report has been added to ResearchAndMarkets.com's offering. The global activated carbon market is experiencing significant growth due to its wide range of applications in purification and filtration processes across various industries, including water treatment, air purification, pharmaceuticals, food and beverage, and industrial processes. Considering the optimistic scenario, the market is valued at $5.08 billion in 2024 and is expected to grow at a CAGR of 9.06% to reach $12.10 billion by 2034. The Asia-Pacific region holds the highest market growth for the activated carbon market. This growth is primarily attributed to the presence of major product-consuming countries such as China and India, where there is a significant demand for activated carbon, especially for water treatment applications. For instance, in September 2023, SUEZ announced the signing of two landmark contracts in China, marking s
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