Published on : Jun 10, 2021
Albany, New York, June 10, 2021 : The pelletized activated carbon market may turn the tables in terms of growth owing to the growing awareness of the purification of liquids and gases. Pelletized activated carbons are used on a large scale for eliminating contaminants from internal work air environments, soil remediation vents, etc. The use of pelletized activated carbons in a large number of applications such as food and beverage, pharmaceutical, automotive, chemical, and agriculture is bringing good growth opportunities for the pelletized activated carbon market.
Many industrialists are making use of pelletized activated carbons to reduce the effect of pollution on the environment and on the people working in the manufacturing units. This aspect can lead to an increase in the growth rate of the pelletized activated carbon market. Raw materials used in the manufacture of the pelletized activated carbons are bamboo, coconut shell, wood, coal, husk, and paddy.
The new coronavirus pandemic has caused an economic earthquake across various sectors. The impact of the SARS-CoV-2 on various businesses is huge and will change the ways of how the sectors will function in the near future. Tough times like the SARS-CoV-2 outbreak need a customized strategy that goes hand in hand with the current situation. This report titled ‘Covid-19 Impact on Global Pelletized Activated Carbon Market Insights, Forecast to 2026’ highlights how the novel coronavirus has affected the pelletized activated carbon market.
The report on the pelletized activated carbon market offers in-depth analysis through considerable research across various parameters such as competitive landscape, key trends, and current scenario. This report also focuses thoroughly on the ongoing COVID-19 pandemic and its effect on the pelletized activated carbon market. The report will prove as a source of market intelligence for the business owners and market shareholders in this sector to a large extent.
COVID-19 has raised hygiene concerns and water purification is one of the important aspects. Hence, this factor is likely to increase the use of pelletized activated carbons for water purification. Other factors that can multiply the usage of pelletized activated carbons in water purification are escalating water-borne diseases and the rising use of chlorine from drinking water.
One of the most important properties that bring a rise in the increase of consumption of pelletized activated carbons is the high adsorption capacity. This property makes the pelletized activated carbon ideal for eliminating a variety of contaminants from various sources. The reactivation properties of pelletized activated carbon are also beneficial. Pelletized activated carbon can be reactivated via thermal oxidation and can be used several times for the same application. Such properties prove to be growth generators for the pelletized activated carbon market.
Government support is also an important aspect that brings good growth opportunities for the pelletized activated carbon market. Through various regulations, rules, and programs, the governments of various countries raise awareness about clean air, eventually prompting the use of pelletized activated carbons. Acts like the Clean Air Act also prove to be growth multipliers for the pelletized activated carbon market.
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The pelletized activated carbon market is regionally spread across Latin America, Asia Pacific Excluding Japan (APEJ), Western Europe, Eastern Europe, and North America. APEJ is likely to a prominent in the pelletized activated carbon market across the forecast period. Rapid industrialization, coupled with policies benefitting various businesses, may serve as key factors for the growth of the pelletized activated carbon market. Europe is also likely to maintain a steady growth rate because of the large presence of automobile manufacturers in the region. Furthermore, North America may record a stable growth rate due to the increase in demand for a hygienic and clean environment due to the threat of COVID-19.