Activated Carbon Filters Market is anticipated to grow at a CAGR of 4.07% from 2021 to 2027 globally - Axiom MRC
Activated Carbon Filters Market is anticipated to grow at a CAGR of 4.07% from 2021 to 2027 globally - Axiom MRC
Date: October 2021
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.
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.
Stainless steel shell segment type dominated the activated carbon filters market in 2020
The stainless steel shell has properties like durability and less-corrosive nature, the stainless steel shell activated carbon filters that are responsible in improving the growth of the market. Additionally, most activated carbon filter does not have the benefits that the stainless stell shell filters have. The stainless stell shell filters are more resistant to corrosion and high temperatures.
The industrial water pollution treatment application segment is estimated to witness fast growth in the activated carbon filters market
The industrial water pollution treatment application segment is estimated to have fast growth in the activated carbon filters market during the forecast period due to the introduction of the severe environmental agencies and regional governments regulations for the purpose of controlling the water pollution has primarily been driving the activated carbon filters market.
Asia Pacific region held the highest market share and is estimated to dominate the activated carbon filters market during the forecast period
The rapid growth in the region of Asia Pacific has been the major factor driving the growth of the activated carbon filters market. Similarly, the factors like increase in the adoption of many stringent government rules and regulations regarding the wastewater treatment and water pollution management, along with the increasing industrialization and urbanization, and increasing concerns related to the environment are likely going to contribute to the growth of activated carbon filters market during the forecast period.
Key Players
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.