Activated Carbon Paper Market Report

Market Insights

What is activated carbon paper?

Activated carbon paper can be defined as a paper that is used to remove odors, noxious gases, and other organic and inorganic contaminants from liquids, solids, and gases. Activated carbon paper is used for various purposes including odor control, protective layer, and anti-oxidant agent.

The Activated Carbon Paper market is projected to grow from USD xx billion in 2020 to USD xx billion by 2026 at a CAGR of around xx% during the forecast period.

Figure: Activated Carbon Paper Market Size, 2020-2026 (USD Million)

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Market Drivers

The growth of the activated carbon paper market is driven by widespread use in the industrial sector to remove various contaminants and odors. Significant growth of the pharmaceutical industry on account of the rising prevalence of chronic diseases coupled with the geriatric populace across geographies. Moreover, the surging demand for activated carbon paper in the industrial sector in developing countries is likely to create lucrative opportunities for the players operating in the global market during the review period.

COVID-19 Impact on Activated Carbon Paper Market

The covid-19 outbreak posed significant challenges across verticals worldwide. Supply chain disruptions due to lockdown and trade restrictions affected the product availability in the market. Also, a decline in the growth of the end-use industries further affected the market growth.

Segments' Analysis

Application Trends

Based on application, the market has been segmented into household, industrial, pharmaceutical, and others. Among these, the industrial segment accounted for the largest market share in 2020 and is expected to propel market growth at a significant rate during the review period.

Regional Trends

The market in the Asia-Pacific region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to expanding growth of the industrial sector in developing countries, particularly China and India. The market in North America and Europe regions is expected to be driven by widespread product use in the industrial sector and pharmaceuticals industry.

Critical Questions Answered in the Report

This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Activated Carbon Paper market. The historic years considered for the study are 2016-2019, the base year is 2020, and the forecast period is 2021-2026. Following are the critical questions answered in the report-

• What are the key trends in the Activated Carbon Paper market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the Activated Carbon Paper market?
• What are the key strategies adopted by the major vendors to lead in the Activated Carbon Paper market?
• What is the market share of the top vendors?

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Key Players

Key players operating in the Activated Carbon Paper market are-

• Onyx Specialty Papers Inc. (US)
• CHMLAB Group (Spain)
• Fisher Scientific International, Inc. (US)
• LabMaterials by Blanc-Labo SA (France)
• Jiangsu Tongkang Special Activated Carbon Fiber & Garments Co., Ltd (China)
• Ningbo Ciheng Import & Export Co., Ltd (China).

Target Audience

Here is the list of the group of customers that the activated carbon paper market hopes to have the greatest opportunity to convert-

• Activated carbon paper distributors
• Activated carbon paper suppliers
• Activated carbon paper manufacturers
• Logistics organizations
• Government bodies

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