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October 12, 2022

New York, Oct. 11, 2022 (GLOBE NEWSWIRE) — Research Nester has published a detailed market report on the ‘Global Activated Carbon Filter Market’ for the forecast period ie 2023 – 2033 which includes the following factors:

Global Activated Carbon Filter Market Size:

The global market for activated carbon filter is projected to generate USD 500 million in revenue by the end of 2033, expanding at a CAGR of 5% over the forecast period. In addition, the market gained USD 300 million in sales in 2022. The increasing incidence of water-borne infections is identified as the main development cause for the expansion of the market over the coming years. About 80% of the world’s diseases are waterborne diseases, according to 2019 research.

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Furthermore, in order to extract chlorine from water and make it suitable for discharge or use in manufacturing operations, organic contaminants are removed using activated carbon filters. The demand for water treatment and activated carbon filtration function comes from the increase in water borne diseases. According to research released by the World Health Organization in 2022, contaminated drinking water is estimated to spread diseases including cholera, dysentery, typhoid, polio, and diarrhea and is believed to cause 485 000 diarrheal deaths annually. Consequently, the demand for activated carbon filters is predicted to increase throughout the assessment period due to the prevalence of waterborne infections.

Global Activated Carbon Filter Market: Key Takeaways

Expansion and Growth of the Water and Wastewater Treatment Sector in the Food and Beverage Industry to Drive Market Growth

The water and wastewater treatment industries rely heavily on the use of activated carbon filters. Activated carbon filters clean water by binding contaminants as a suspension and releasing pure water as a permeate. Water including sewage, hazardous pollutants, and industrial chemical emissions are released into water bodies. Hence, the growing need for wastewater treatment, supported by the increasing expansion of wastewater treatment plants, is anticipated to fuel the market growth. According to current statistics, the global market for water and wastewater treatment generated over USD 300 billion in revenue in 2021 and is projected to reach around USD 470 billion in 2028 with a CAGR of 7%.

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Furthermore, due to its use in purification and filtration preparations, including the removal of dyes and medicines and the treatment of food products, activated carbon filters have seen an increase in employment in the food and beverage sectors in recent years. Thus, the expanding food and beverage industry is estimated to boost the sales of active carbon filters throughout the assessment period. It was observed that the food service sector in the USA surpassed pre-pandemic levels in 2021 and together the food retail and food service sectors provided over USD 2.12 trillion worth of food.

Global Activated Carbon Filter Market: Regional Overview

The global activated carbon filter market is divided into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region.

Increasing Industrial Waste Production to Stimulate Growth in the Asia Pacific Region

The market in the Asia Pacific region is estimated to hold the largest market share over the forecast period due to the increasing production of industrial waste across the region. According to a 2021 report, Indian manufacturing clusters generate about 14,000 mld of industrial wastewater, of which about 60% is processed in standard effluent treatment facilities. Additionally, every second 7 liters of untreated industrial effluent is produced in India. The need for activated carbon filters is also predicted to increase as a result of the expanding other industries, the growing cosmetics sector, and the growing pharmaceutical sector.

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Growing Cosmetic Use to Drive Growth in the North American Region

On the other hand, the market in the North American region is estimated to gain a notable market share over the forecast period due to the growing demand for activated carbon filter in the production of cosmetic products, supported by the growing cosmetic usage and usage. in the region. According to one of the cosmetic surveys, it is considered that about 80% of American women use cosmetics every day, which means that more than 160 million people spend USD 15,000 or more on cosmetics over a lifetime.

The study incorporates the YO-Y growth, demand & deliver and anticipate future opportunities in:

Global Activated Carbon Filter Market, Segment by Application

By 2033, the industrial water pollution treatment segment is estimated to hold the largest market share. The significant amount of waste generated by industrial landfills is the main contributor to the segment. According to research published in 2021, industries discharge between 300 and 400 MT of contaminated waste into the water every year. In addition, lack of fresh and clean water is another reason contributing to the expansion of industrial water pollution treatment, which is further predicted to drive the activated carbon filter market.

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Global Activated Carbon Filter Market, Segmented by Type

Of these, the carbon steel hull segment is estimated to gain a notable market share over the forecast period. They consist of a stainless steel shell lined with a carbon-based material and steel “pickup bars”. Extremely durable components including blades, cutting tools, and old-fashioned cooking pots are made from this material, also referred to as “cast iron.” In addition, the growth of the segment can be attributed to the increasing import and export of iron and steel worldwide. For example, the United States imported USD 39 billion worth of iron and steel in 2021.

Few of the well-known market leaders in the global activated carbon filter market profiled by Research Nester are TIGG LLC., PURAGEN CARBONS ACTIVATED, Kuraray Co., Ltd., General Carbon Corporation, Cabot Corporation, WesTech Engineering , LLC., Lenntech B.V., Donau Carbon GmbH, SERECO S.r.l., Carbtrol Corporation, and others.

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Recent Developments in the Global Activated Carbon Filter Market

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