The factors such as increase in the adoption of the activated carbon filters in a range of the applications from the purification of gold to the sewage treatment has been driving the growth of the activated carbon filters market during the forecast period. The other factors like increasing significance of the activated carbon filters in different applications like purification of sugarcane, the recovery of precious metals mainly glid and in some methods of the decaffeination, along with the increase in the demand for the purified or clean drinking water, increasing applications in the industries such as food and beverage processing, pharmaceutical, and increased demand from the industries like water and wastewater processing are expected to drive the growth of the activated carbon filters market during the forecast period.
New York, December 2021: Axiom Market Research & Consulting™ added a report on activated carbon filters market which includes study on type, application, and geography. The activated carbon filters market was projected to grow at a CAGR of 4.07% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the activated carbon filters market.
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The report analyses the global activated carbon filters market based on type, application, and geography, by type, the activated carbon filters market is segmented into carbon steel shell, stainless steel shell, and others. By application, the activated carbon filters market is segmented into drinking water purification, food and beverage, industrial water pollution treatment, pharmaceutical, and others. By geography, the activated carbon filters market is studied in the regions including North America, Europe, Asia-Pacific, and Rest of the World.
The key players in the activated carbon filters market are Bionics Consortium Pvt. Ltd, Cabot Corporation, Carbtrol Corp, Cocarb Solution, Condorchem Envitech, Donau Carbon GmbH, Ecologix Environmental Systems, General Carbon Corporation, Kuraray Co. Ltd, Lenntech B.V, Prominent Systems Inc, Puragen Activated Carbons, Sereco S.R.L, Silcarbon Aktivkohle GmbH, Suez Water Technologies & Solutions, Tigg LLC, Veolia Water Technologies, Water Professionals, Westech Engineering and Wolftechnik Filter System among others.
Regional Trends of Activated Carbon Filters Market
Based on the geography, the activated carbon filters market is studied in the key regions like North America, Europe, Asia Pacific, and Rest of the World. The Asia Pacific region held the highest share in the activated carbon filters market, and it is also expected to dominate the activated carbon filters market during the forecast period. The fast growth in the chemical industry of the Asia Pacific region has been the major factor driving the growth of the market. The other factors like increasing adoption of many stringent rules and regulations of the government regarding the wastewater treatment, water pollution, management, growing urbanization and industrialization, and growing concerns related to the environment are contributing towards the growth of the activated carbon filters market.
Activated Carbon Filters Market Segmentation Highlights
- Based on type, the stainless steel shell segment has dominated the activated carbon filters market in 2020 and is expected to maintain the dominance during the forecast period. The less corrosive properties and durability of stainless steel shell have been responsible for improving the growth of the segment in the activated carbon filters market
- The industrial water pollution treatment application segment is expected to witness rapid growth in the activated carbon filters market during the forecast period. The introduction of the serious regulations of the regional government and the environmental agencies for controlling the water pollution has been the primary factor to drive the growth of the market
- The Asia Pacific region has the largest market share in the activated carbon filters market in 2020
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Research Objectives of Activated Carbon Filters Market Report:
- Analysing the outlook of the activated carbon filters market with the recent trends and Porter’s five forces analysis
- Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period
- Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects
- Country-level analysis, integrating the demand and supply forces that are influencing the growth of the activated carbon filters market
- Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years
- Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players
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