Canada Activated Carbon Market research report, 2028

In Canada, the primary driver of demand for activated carbon is its use in water treatment, which is required to meet regulatory standards for safe drinking water. Activated carbon is also used in industries such as food and beverage processing, mining, and pharmaceuticals. Furthermore, activated carbon is used in Canada for environmental remediation projects, such as cleaning up contaminated soil and water. This application is expected to grow in the coming years as more attention is paid to the cleanup of industrial sites and other areas contaminated by pollutants. Moreover, like in the United States, the use of activated carbon in Canada is subject to government regulations to ensure that it meets certain standards of quality and safety. These regulations help protect the environment and public health. Moreover, there is also increasing interest in the use of activated carbon for energy storage and other high-tech applications, such as air purification and gas separation. In addition, The Canada activated carbon market is expected to witness significant growth in the coming years due to the increasing demand for air and water purification systems and the growing focus on sustainable and eco-friendly products. According to the research report "Canada Activated Carbon Market research report, 2028," published by Actual Market Research, the Canada Activated carbon market is projected to reach market size more than USD 285 Million by 2028. Based on product type, the market is segmented into powdered activated carbon, granular activated carbon, extruded or pelletized activated carbon, and others. Powdered activated carbon (PAC) has the highest market share based on product type. This is because PAC is the most versatile and widely used form of activated carbon. Furthermore, PAC can be used in a wide range of applications, including municipal water treatment, industrial wastewater treatment, and odour control in air purification. For instance, Toronto is the largest city in Canada and is home to several water treatment plants that use PAC for municipal water treatment. Some of the major cities in Canada where PAC is commonly used are Vancouver, Montreal, Calgary, and Edmonton. However, granular activated carbon (GAC) is expected to have the highest CAGR during the forecast period. GAC is commonly used for water treatment applications such as municipal water treatment, industrial wastewater treatment, and groundwater remediation. With the increasing demand for clean water in Canada, the use of GAC in water treatment applications is expected to increase. According to the report, the liquid phase has the highest market share based on phase. The liquid-phase activated carbon industry in Canada is well-established, with many manufacturers and suppliers operating in the market. This ensures a reliable supply chain and stable pricing for customers. Furthermore, the gas phase is expected to have the highest CAGR during the forecast period. Activated carbon is commonly used in gas-phase applications for air purification, such as HVAC systems and industrial air filtration. With the increasing focus on indoor air quality and the growing awareness of the health risks associated with air pollution, the use of activated carbon in gas-phase air purification applications is expected to increase. In the Canadian activated carbon market, coal-based activated carbon has the highest market share based on raw material. Canada is rich in coal reserves, which makes it easier to source and produce coal-based activated carbon locally. This ensures a stable supply of raw materials for the manufacturing of activated carbon. Furthermore, coconut shell-based activated carbon is expected to have the highest CAGR during the forecast period. Coconut shell-based activated carbon is known for its high quality and purity, which makes it a preferred choice for many high-end applications, such as pharmaceuticals and food and beverage processing. Furthermore, coconut shell-based activated carbon meets various certification and regulatory requirements, such as NSF International certification for drinking water treatment, making it a preferred choice for customers who priorities compliance with regulations. The global activated carbon market is segmented based on end-use applications such as water treatment, air purification, food and beverage processing, automotive, pharmaceuticals, and others. Among these, the water treatment segment has the highest market share. Activated carbon is commonly used in Canada for municipal water treatment to remove contaminants such as chlorine, pesticides, and other organic compounds. Furthermore, the pharmaceutical and medical sector is expected to have the highest CAGR during the forecast period. This can be attributed to the increasing demand for activated carbon in pharmaceutical applications, such as drug purification, decolonization, and the removal of impurities. Furthermore, Canada has several cities with a significant presence in the pharmaceutical and medical sectors, which are likely to contribute to the growth of the activated carbon market. Some of the cities are Toronto is Canada's largest city and home to several leading pharmaceutical and medical device companies, such as Apotex, Johnson & Johnson, and Pfizer. The city is also home to several research institutes and hospitals, including the University of Toronto, the Centre for Addiction and Mental Health, and the Princess Margaret Cancer Centre. The growing demand for medical products and services in the city is likely to drive the use of activated carbon in the pharmaceutical and medical sectors. Furthermore, Vancouver is a major city in western Canada and is home to several pharmaceutical and biotech companies, such as AbCellera and Zymeworks. The city is also home to several research institutions, including the BC Cancer Agency and the University of British Columbia. The city's focus on biotechnology and medical research is likely to drive the use of activated carbon in the pharmaceutical and medical sectors. The production and use of activated carbon are subject to various regulations in Canada. These regulations are intended to protect the environment and public health, but they can also create challenges for manufacturers and users of activated carbon. Compliance with these regulations can be costly and time-consuming, which could limit the growth of the market. Furthermore, the prices of raw materials used in the production of activated carbon, such as coal and coconut shells, can be volatile. This can create uncertainty for manufacturers and users of activated carbon, which could limit investment and growth in the market. Moreover, the availability of high-quality raw materials for the production of activated carbon can be limited in Canada. This could restrict the ability of manufacturers to produce high-quality activated carbon, which could limit the demand for the product. Considered in this report • Geography: Canada • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Canada Activated Carbon market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product type: • Powdered Activated Carbons (PAC) • Granular Activated Carbons (GAC) • Extruded or Pelletized Activated Carbon • Others (Pellet Shaped, Bead Shaped, Impregnated Carbon, Polymer Coated Carbon, etc.) By Raw Material Type: • Coal Based • Coconut Shell Based • Wood Based • Others (Petroleum Pitch, etc.) By Phase Type: • Liquid Phase • Gas Phase By End –user Type: • Water Treatment • Food & Beverage Processing • Pharmaceutical & Medical • Automotive • Air Purification • Others (Gold Treatment, Respirators, Solvency Recover, Mining, Industrial Chemicals, etc.) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Activated Carbon industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.