China Activated Carbon Market research report, 2028

China Activated Carbon Market research report, 2028

Actual Market Research 30-04-2023 67 Pages Figures : 6 Tables : 21 Region : Asia-Pacific Country : China Category : Energy & Utility Environmental

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The activated carbon industry has helped raise awareness about environmental issues in China. As the country has faced increasing pollution and air quality concerns, the use of activated carbon in air and water purification has become more widespread. This has led to a greater appreciation for the importance of environmental protection and sustainability in Chinese culture. Furthermore, activated carbon has long been used in traditional Chinese medicine as a natural remedy for various ailments. It is believed to have detoxifying properties and is used in a range of treatments, from digestive issues to skin conditions. As the use of activated carbon has become more widespread in modern medicine, it has also helped to reinforce the cultural significance of this natural remedy. Moreover, many Chinese companies involved in the activated carbon industry have adopted corporate social responsibility practises, which have helped promote a culture of responsible business practises in the country. Companies are increasingly recognizing the importance of environmental and social issues and are taking steps to minimize their impact on the environment and society. In addition, activated carbon has also been used in waste management in China. The industry has helped to promote the importance of reducing waste and increasing recycling, which has become more important as the country faces growing waste disposal challenges. This has led to the development of a culture of sustainability and waste reduction, which is becoming increasingly important in Chinese society. According to the research report "China Activated Carbon Market research report, 2028," published by Actual Market Research, the China activated carbon market is expected to add USD 342.85 Million by 2028. Based on product type, powdered activated carbon (PAC) has the largest market share in China's activated carbon market. China's rapidly growing economy has driven demand for many industrial products, including PAC. As businesses seek to improve their efficiency and competitiveness, they are increasingly turning to PAC as a cost-effective solution for their industrial needs. Furthermore, PAC is readily available in China, with many domestic producers and suppliers offering a range of products and services. This has helped to drive down costs and make it a more accessible choice for businesses of all sizes. For instance, the activated carbon market is widely distributed across China, with many cities and regions involved in the production, distribution, and use of activated carbon. Here are some of the cities in China that are known for their significant contribution to the activated carbon industry: Beijing, Shanghai, Guangzhou, Shenzhen, Ningxia, and many more. However, granular activated carbon (GAC) has the highest CAGR during the forecast period. The Chinese government has been implementing policies to promote environmental protection and sustainable development, which has led to increased investment in water and air treatment infrastructure. This is expected to drive the growth of the GAC market in the country. In addition, the market is divided into two phases: liquid and gas. Liquid-phase activated carbon dominates the china activated carbon market. The demand for liquid-phase activated carbon is driven by environmental regulations governing the discharge of contaminants into waterways. Liquid-phase activated carbon can help industrial facilities meet these regulations by removing pollutants from wastewater streams. Furthermore, the china activated carbon market is driven by water treatment, air purification, food and beverage processing, automotive, pharmaceuticals, and other end-use applications. The water treatment segment dominates the market. Activated carbon is commonly used in water treatment to remove impurities and contaminants from drinking water, wastewater, and industrial process water. The China activated carbon market is classified into coal-based, coconut shell-based, wood-based, and others based on the raw material used in its production. The china activated carbon market is dominated by coal-based activated carbon. China has significant reserves of high-quality coal, which is a key raw material for the production of activated carbon. The availability of raw materials at competitive prices makes coal-based activated carbon a popular choice for manufacturers China has with the growing popularity of electric vehicles, there is an increased demand for activated carbon in the production of battery components and the purification of air in vehicle cabins. Furthermore, the Chinese government has implemented various initiatives to promote environmental protection, such as the "Action Plan for Prevention and Control of Air Pollution" and the "Water Pollution Prevention and Control Law." These initiatives have led to increased demand for activated carbon in air and water purification. Moreover, activated carbon is increasingly being used in personal care products such as facial masks, toothpaste, and soaps due to its ability to absorb impurities and improve skin and oral health. This trend is expected to drive the growth of the activated carbon market in China. In addition, activated carbon is used in agriculture to improve soil quality and increase crop yields. The use of activated carbon in agriculture is still in its early stages in China, but it has the potential for significant growth in the future. Activated carbon is difficult to recycle and can pose challenges for waste management. As sustainability becomes a more important consideration, this could limit the growth of the market. Furthermore, the production of activated carbon requires high temperatures and significant amounts of energy, which can increase the cost of production and impact the carbon footprint of the industry. Moreover, activated carbon products have a relatively short product lifecycle, which can impact the profitability of manufacturers. This can be attributed to the fact that the product becomes saturated and needs to be replaced regularly to maintain its effectiveness. Considered in this report • Geography: China • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • China 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.

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