Activated charcoal is a non graphite form of charcoal and is micro crystalline in nature. It is extensively used in various industries as a very good adsorbent for odour or colour. Activated charcoal is an important component of ﬁlter material for the removal of hazardous components in exhaust gases for the puriﬁcation of drinking water and for waste water treatment.
Activated Charcoal Market is expected to garner 2,776 kilo tons and $5,129 million by 2022, registering a CAGR of 6.83% and 9.32% during the forecast period 2016-2022. Granular activated charcoal (GAC) is expected to hold over 30% of the total market consumption in 2024. As a whole any entrepreneur can venture in this project without risk and earn profit.
Few Indian major players are as under
· Active Char Products Pvt. Ltd.
· Adsorbent Carbons Ltd.
· Bamboo Technology Park.
· Core Carbons Pvt. Ltd.
· Genuine Shell Carb Pvt. Ltd.
· Indo German Carbons Ltd.
· Jacobi Carbons India Pvt. Ltd.