Latin America Activated Carbon Market Valuation to Surpass USD 916.64 Million By 2032 | Astute Analytica [Yahoo! Finance]
Cabot Corporation (CBT)
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Source: Yahoo! Finance
Manufacturers benefit from rising market opportunities, economic dynamics, and innovation, positioning them to capitalize on a projected CAGR of 10.66% annual market growth. New Delhi, June 18, 2024 (GLOBE NEWSWIRE) -- According to the latest Astute Analytica research, the Latin America activated carbon market is projected to hit the market valuation of US$ 916.64 million by 2032 from US$ 383.95 million in 2023 at a CAGR of 10.66% during the forecast period 2024–2032. Latin America's demand for activated carbon is surging, driven by stricter environmental regulations and compliance requirements. For instance, air quality standards have tightened, with countries like Mexico and Brazil implementing stringent measures to reduce mercury emissions, leading to a 25% increase in demand for activated carbon in industrial applications. Water treatment regulations are also becoming more rigorous, compelling municipalities and industries to adopt advanced purification technologies. This has
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