Activated Carbon Market is expected to reach US$ 8,264.0 Million by 2028
At 9.6% CAGR, the global activated carbon market is projected to be worth US$ 8,264.03 million by 2028, says The Insight Partners The Global Activated Carbon Market was evaluated at US$ 4,116.03 million in 2020 and is expected to hit US$ 8,264.03 million by 2028 at a record annual growth rate of 9.6% from 2021 to 2028. Rising demand for wastewater treatment and increasing regulations on mercury emissions are the potential aspects proliferating the market. The urban wastewater treatment plants (WWTP) are critical to the environmental sustainability and resources. The demand for wastewater treatment grew significantly over the past two decades. Activated carbon is predominantly used in various wastewater treatment facilities as it can be obtained from bioresources and is comparatively cheaper. In simple filtration process, the powdered activated carbon conveniently dissipates the impurities in water. Several countries are introducing well-defined policies and ac...