Activated carbon is defined as microporous carbonaceous material derived from coal, peat, bituminous, lignite, peat, wood, or coconut shell, among others, through two-stage chemical activation process. It is manufactured in distinct forms to serve specific applications of various end-use industries such as air & gas purification, wastewater treatment, chemicals, and food & beverages. The available forms of activated carbon include powder, pellets, extrudates, granules, honeycomb-structure, impregnated, and reactivated.

Many countries in the world are adopting a circular economy for sustainability. Urban wastewater treatment plants that integrate resource recovery and energy production processes with clean water production contribute significantly to the sustainable development of any country. Over the past two decades, the demand for wastewater treatment has increased due to the trend of recovering water from energy generation processes. According to data published by the National Groundwater Association and Asian Development Bank, South Asia accounts for 50% of global groundwater usage; the top 15 countries that use groundwater include 7 Asian countries. The existing unreliable groundwater usage patterns and increasing water pollution lead to the adoption of wastewater treatment solutions, specifically in Asia Pacific. The growing population, rapid urbanization, and industrialization have led to increased water consumption in many countries. Therefore, to meet the consequent urge for sustainable solutions to utilize water, governments have introduced well-defined policies and funding initiatives to build wastewater treatment facilities. This is driving the demand for activated carbon.

Osaka Gas Co Ltd, Haycarb PLC, Kureha Corp, Donau Chemie AG, Activated Carbon Technologies Pty Ltd, Albemarle Corp, CPL Activated Carbons, James Cumming and Sons Pty Ltd, Ingevity Corp, and Norit Nederland BV are a few players operating in the global activated carbon market. Market players are focusing on providing high-quality products to fulfill customer demand. They are also adopting strategies such as investments in research and development activities, new product launches, collaborations, and mergers & acquisitions.

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