Jessica Lucas

According to a new report by Expert Market Research titled, ‘Global Activated Carbon Market Report and Forecast 2022-2027’, the global activated carbon market reached a value of around USD 4.93 billion in 2021. The activated carbon industry is further expected to grow at a CAGR of 8% between 2022 and 2027 to attain a value of nearly USD 6.24 billion by 2028. The demand for activated carbon has witnessed a steady growth as it is used in a variety of applications to purify liquids and toxic gases, including municipal potable water, food and beverage processing, and in controlling industrial pollution. In March 2020, Kuraray Co., Ltd. (OTCMKTS: KURRF), a key player in the global activated carbon market, announced the acquisition of Calgon Carbon Corporation aiming to enhance its carbon materials business, further focusing on activated carbon, <a href="https://www.expertmarketresearch.com/reports/activated-carbon-market" rel="dofollow">activated carbon price trend</a>, activated carbon services, and filtration media.