Activated Carbon Filter Market Poised for 7.2% CAGR Growth, Projected to Reach USD 150 Billion by 2033

Activated Carbon Filter Market
Activated Carbon Filter Market

 

The global activated carbon filter market is experiencing substantial growth, primarily driven by an increasing demand for clean and safe drinking water. As water pollution concerns rise across the globe, governments, industries, and individuals are recognizing the importance of efficient water purification methods. The activated carbon filter market has witnessed a surge in demand, propelled by the emergence of new applications, technological advancements, and the integration of the Internet of Things (IoT) and Artificial Intelligence (AI) in water treatment systems.

By the end of 2023, the activated carbon filter market is expected to reach a value pool of USD 75 billion, according to Future Market Insights. The market for activated carbon filters is predicted to grow globally at a 7.2% annual rate to reach USD 150 billion by 2033.

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Rising Demand for Clean and Safe Drinking Water:

  • The foremost driver behind the growth of the activated carbon filter market is the global concern for access to clean and safe drinking water. With an increasing population and industrialization, water sources are facing unprecedented contamination challenges.
  • Activated carbon filters provide an effective solution by removing impurities, pollutants, and contaminants, ensuring the delivery of potable water. Governments, municipalities, and industries are investing significantly in water purification infrastructure, contributing to the market’s expansion.

Top Key Players

  • TIGG LLC (US)
  • Puragen Activated Carbons (US)
  • Cabot Corporation (US)
  • Westech Engineering (US)
  • Kuraray Co. Ltd. (Japan)
  • Lenntech B.V. (The Netherlands)
  • Donau Carbon Corporation (Germany)
  • General Carbon Corporation (US)
  • Sereco S.R.L. (Italy)
  • Carbtrol Corp (US)

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Key Segmentation of the Activated Carbon Filter Market

By Shell Type:

  • Stainless Steel Shell
  • Carbon Steel Shell
  • Others

By Application:

  • Industrial Water Treatment
  • Drinking Water Treatment
  • Food And  Beverages
  • Pharmaceutical
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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