The global activated carbon market forecast will be $9,486.5 million by 2026 , at a CAGR of 9.5% , increasing from $4,573.1 million in 2018 , according to new study conducted by Research Dive. Increasing demand for water purification processes and growing necessity of these products in the mercury removal plants are the key drivers for the growth of the activated carbon market. In addition, activated carbon products are widely utilized in sewage treatment to remove dissolved particulate impurities in the waste generated from the production industries. Also, these materials remove organic impurities such as chlorine, isomeric colorants and other impurities. The abovementioned factors are projected to fuel the market growth in the coming years. Furthermore, constantly increasing technical developments to enhance product performance coupled with rising number of novel advanced activated carbon products and their derivatives by most of t...
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