According to Technavio, the Activated Carbon Market is set to expand by USD 1.96 billion, achieving a CAGR of 9.45% from 2023 to 2028. The surge in demand across various industries, particularly for purification systems like air filtration, is driving this growth. Nevertheless, the market contends with challenges due to the technical constraints of current products. To overcome these hurdles, key industry players are leveraging new trends and opportunities, especially in air pollution control, which is expected to significantly boost market growth during the forecast period.

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