The Europe activated carbon market in is expected to grow from US$ 559.20 million in 2021 to US$ 1,049.14 million by 2028; it is estimated to grow at a CAGR of 9.4% from 2021 to 2028.
Europe Activated Carbon Market Introduction
The release of mercury emissions from coal-fired power plants poses a serious threat to both the environment and human health. This has prompted many countries to establish regulations limiting the amounts of toxins discharged from these plants. Thanks to the Global Mercury Partnership, regulations and policies in advanced countries have become more stringent. In developing countries, even without specifically established regulatory or legislative frameworks on mercury, mercury management is designed to prevent harmful emissions. Advanced control technologies, including both hardware and software, are crucial for reducing mercury emissions. Activated carbon is a prominent hardware component used in these technologies for air filtration. The growing need for air purification is therefore driving the demand for activated carbon in the region.
The European Union (EU) is tackling the challenge of mercury emissions head-on, categorizing it as a Priority Hazardous Substance under the Water Framework Directive. The EU is also reviewing a law on mercury as part of the European Green Deal zero pollution goals to create a toxic-free environment. While mercury use is banned in many applications in Europe, it remains essential in the manufacturing of certain products. Therefore, industries that utilize mercury depend on activated carbon for air & water treatment to abide by the region's stringent laws. Thus, the concerted efforts to limit mercury emissions in various industries are propelling the consumption of activated carbon in Europe.
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Europe Activated Carbon Strategic Insights
Strategic insights for Europe Activated Carbon provide a data-driven analysis of the industry landscape, covering current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Europe Activated Carbon Market Segmentation
Europe Activated Carbon Market By Type
Pelletized and Others
Granular
Powdered
Europe Activated Carbon Market By Application
Water Treatment
Food and Beverages
Pharmaceuticals
Automotive
Europe Activated Carbon Market Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Europe Activated Carbon Market leaders and key company profiles
Albemarle Corporation
CABOT CORPORATION
CALGON CARBON CORPORATION
CPL ACTIVATED CARBONS
HAYCARB (PVT) LTD
JACOBI CARBONS GROUP
KURARAY CO., LTD.
Osaka Gas Chemical Co. Ltd
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