Latest News- Activated Carbon Filters Market: Stainless steel shell is expected to lead the Type segment during 2024-2028

The Activated Carbon Filters Market is being driven by Increased demand for products in industries for water purification

The Activated Carbon Filters Market is expected to grow at a CAGR of 5.52% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 95 million. In accordance with regulatory mandates, the demand for activated carbon filters is poised to surge due to the growing necessity for mercury control technology in industrial air purification applications. The US Environmental Protection Agency (EPA) has set stringent new regulations for mercury and other hazardous air pollutants emissions, which will become mandatory for large manufacturing facilities, including coal-fired power plants, cement plants, and other industrial boiler facilities in the coming years. Similarly, the European Commission's Industrial Emissions Directive (IPPC Directive 2008/1/EC) emphasizes the adoption of the Best Available Techniques (BAT) for mercury contamination control. These regulations underscore the importance of implementing advanced air filtration systems, such as activated carbon filters, to ensure regulatory compliance and minimize environmental impact. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Stainless steel shell
  • Carbon steel shell
• Geography
  • APAC
    • China
    • India
    • Japan
  • North America
    • US
  • Europe
    • Germany
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased demand for products in industries for water purification
• Rising demand for safe and clean drinking water
• Rising demand for activated carbon filters for other purposes

However, the market also witnesses some limitations, which are as follows:

• Technical limitations of activated carbon products
• Lack in availability of raw materials for production of product
• Growing presence of certain alternatives for activated carbon filters

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Market Scope in Activated Carbon Filters Market Research Report

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Research Analysis Overview

Activated charcoal, a key component in Activated Carbon Filters, plays a crucial role in addressing environmental concerns and emissions guidelines in power plants. Mercury emissions, inorganic contaminants, and toxic gases like carbon monoxide are effectively filtered out through adsorption capacity. Amidst the coronavirus outbreak, demand for air filtration systems has surged, boosting product consumption. Power plants and personal care applications are significant markets. Manufacturers prioritize thermal process to enhance filter efficiency, while addressing toxic gases and manufacturing waste. Skin consciousness fuels growth in personal care applications.

Market Research Overview

The Activated Carbon Filters market is a significant segment of the larger Industrial Machinery and Supplies and Components market. This market encompasses businesses involved in manufacturing machinery and components, including pollution control equipment. Driving factors for the growth of this market include increasing industrial production in process and discrete industries, particularly in developing countries, leading to capacity expansions in energy, chemicals and petrochemicals, pulp and paper, and processed food and beverage sectors. Furthermore, stringent emissions guidelines and environmental concerns have heightened the demand for air filtration systems, such as activated carbon filters, in power plants. The coronavirus outbreak has also accelerated the adoption of these filtration systems in various industries to ensure workplace safety. Technavio projects that the global Industrial Machinery and Supplies and Components market will experience substantial growth due to these factors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/