Which country has the largest market share in activated carbon?

Germany held the largest market share and is anticipated to dominate throughout the forecast period. Activated carbon is used in hemodialysis and pharmaceutical applications. It removes contaminants, like chlorine and chloramine, which can harm the patients, from the water used for dialysis.

What is activated carbon?

Activated carbon is a form of carbon processed with small, low-volume pores that increase the surface area for adsorption or chemical reactions. Usually, activated carbon is extracted from charcoal. Europe's Activated Carbon Market is segmented by type, application, and geography.

What is the dominant product in the activated carbon market?

Powdered activated carbon (PAC) Product dominated the market with a revenue share of 61.2% in 2023. The coal segment is estimated to gain the largest revenue share, attributed to the rise in demand for portable, clean drinking water and the high availability and cost-effectiveness of coal as a raw material.

How can a market for activated carbon be more cohesive?

To improve trading efficiency and promote a transparent and sustainable market, the activated carbon market needs to become more cohesive. This would result in consistent pricing and product quality.

What is a common challenge in the activated carbon market?

A common challenge in the activated carbon market is that it needs to be more cohesive, resulting in consistent pricing and product quality. This can impact trading efficiency and hinder the development of a transparent and sustainable market.

What are the major growth drivers of activated carbon?

The main growth driver of the activated carbon market is increased demand for water treatment and sewage treatment applications. This is due to the unique properties of activated carbon, which has a significant number of small pores on its surface.