Global Activated Carbon Market to Reach $3.7 Billion by 2019


Posted July 5, 2015 by CeskaaResearch

As per Ceskaa Research, the global market for activated carbon reached $2.1 billion, in 2014, reflecting a YOY growth rate of 10.2% from 2013. Further, the market is expected to grow at a five-year CAGR of 11.3%, to reach $3.7 billion, by 2019.

 
[b]Global Activated Carbon Market[/b] to Reach $3.7 Billion by 2019, Says a New Research Report at [b]Ceskaa Research[/b]

(https://ceskaa.com/shop/advanced-materials/global-activated-carbon-market/) has announced the addition of the [b]Global Activated Carbon Market: 2014-2019[/b] report to their offering.

The global market for [b]activated carbon[/b] has been growing at a considerable rate with water treatment, air and gas filtration, food and beverage, pharmaceutical, and automotive end-user industries over the past five-years. The market for [b]activated carbon[/b] used in air and gas treatment applications is expected to grow at a faster rate due to tightening government regulations. The Asia-Pacific region dominates the [b]activated carbon market[/b] globally followed by North America and Europe. The opportunities for regeneration of activated carbon are further driving the [b]activated carbon market[/b] worldwide.

To assess the market, [b]activated carbon[/b] is divided into three major types – [b]powdered activated carbon[/b] (PAC), [b]granular activated carbon[/b] (GAC) and [b]extruded activated carbon[/b] (EAC). Activated carbon is a type of adsorbent made from coconut shells, coal and wood. Activated carbons manufactured from coconut shells are mainly in powdered and granular forms, while those from coal are commonly in granular and extruded forms and those manufactured from wood are majorly powdered form. [b]Activated carbon[/b] has a porous structure with a wide surface area where all contaminants are adsorbed Application of activated carbons in various industries to reduce the level of contaminants and impurities as well as to meet the regulatory standards for pure air and water is driving the global market for activated carbon.

[b]For more information visit:[/b] https://ceskaa.com/shop/advanced-materials/global-activated-carbon-market/

Calgon Carbon Corp., Cabot Corp., Haycarb PLC, MeadWestvaco, Osaka Gas Company Ltd., Kuraray Company Ltd. and Evoqua Water Technologies LLC are some of the major manufacturers of activated carbon globally.

ADA Carbon Solutions LLC, Albemarle Corp., Arkema group, Carbotech AC GMBH, Indo German Carbons Ltd., Kureha Corporation, Ningxia Huahui Activated Carbon Company Ltd. and Oxbow Corporation are the other key participants in the [b]activated carbon market.[/b]

[b]Activated Carbon[/b] is the major adsorbent in global adsorbent market occupying more than 65% of the volume market share due to its high adsorption capacity and large surface area. Activated carbon is mainly divided into three types; powdered, granular and extruded. It has become the preferred option for use in potable water purification, waste water treatment, aquariums, swimming pools and sewage water treatment as well as air and gas filtration. These applications are gaining popularity due to increasing pollution levels, health concerns and stringent government regulations.
Apart from this, activated carbon is used for decolorization and deodorization of food and beverages; and purifies vitamins antibiotics and active pharma ingredients in pharmaceutical industry and 1medical applications. Some of the other applications of activated carbon include control gas emissions in automobiles; personal protection in defense sector; gold and precious metal recovery; and as catalyst in removal of mercaptan in oil refineries.

Scarcity of raw material and increasing concerns over supply chain, the [b]activated carbon market[/b] is currently facing pricing issues; however, the market for activated carbon is on rise due to its extensive use in liquid phase and gas phase applications.

[b]The global market for activated carbon[/b] totaled $1.9 billion, in 2013, driven primarily by Asia-Pacific and North American region for applications in water treatment and air purification. As per Ceskaa Research, the global market for activated carbon reached $2.1 billion, in 2014, reflecting a YOY growth rate of 10.2% from 2013. Further, the market is expected to grow at a five-year CAGR of 11.3%, to reach $3.7 billion, by 2019. Stricter government regulations across regions for air purification and water treatment will drive the market for powdered and granular activated carbon.

[b]Global Activated Carbon Market[/b] Forecast & Opportunities, 2019 discusses following aspects related to the global market for activated carbon:

• Global [b]Activated Carbon Market Size[/b], Share & Forecast
• Segmental Analysis: By Raw Material, By Type, By Application, By Company
• Regional Analysis: Asia-Pacific, Americas, Europe
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations

[b]About Ceskaa Research:[/b]
[b]Ceskaa[/b] is a boutique market research company serving the global markets. We offer high quality market research reports on various industries. Our strong primary and secondary research teams are committed to assure the best market research reports and precise market data for your consideration.

Our research report provide useful insights, such as present and future market, competitive landscape, drivers, challenges, trends and pricing, which will help you to identify the opportunities and develop profitable business strategies. In-short the goal is to serve information you desire for a better decision making.

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[b]For more information visit:[/b] https://ceskaa.com/shop/advanced-materials/global-activated-carbon-market/

[b]Related Report You May Be Interested:[/b]
[b]Global Carbon Fiber and Carbon Fiber Reinforced Plastic Market: 2015-2020[/b]
https://ceskaa.com/shop/advanced-materials/product1/

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Last Updated July 5, 2015