Carbo Tech AC GmbH-Company profile, Business Overview, Financial Performance, Operating Segments, Strategic Moves, and Competitive Intelligence Report

Activated carbon is processed carbon with small, low-volume pores to increase surface area for chemical reactions and adsorption. Organic material with high carbon content is processed to manufacture activated carbon. Physical adsorption is main property of activated carbon which is useful for purification, decaffeination, metal finishing, medicine, filters and removal of pollutant, fuel storage many more. Liquid and gaseous phase of activated carbon enhances its uses in removal of lead, dissolved radon, other odor-causing compounds and mercury. The benefits offered by the activated carbon sector will drive the sector worldwide. Besides this, activated coal industry shows exponential growth in North America and Europe. World activated carbon market would reach 2,776 kilo tons and $5,129 million corresponding revenues by 2022, growing at a CAGR of 6.83% and 9.32%, respectively from 2016 to 2022.