Global Activated Carbon Market to 2023 – Analysis by Type, Application, End-User Industry and Geography – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Activated Carbon Market – Segmentation by Type, Application, End-User
Industry and Geography – Growth, Trends and Forecast (2018 – 2023)"
report has been added to ResearchAndMarkets.com's
offering.

The Activated Carbon Market was valued at USD 3,124.73 million in 2017
and is expected to expand significantly with an estimated CAGR of 6.24%,
mainly due to the growing water treatment industry during the forecast
period, 2018-2023.

The market for activated carbon in air pollution control had been
re-energized in April 2016, following the US Court of Appeal's decision
to keep the Mercury and Air Toxics Standards (MATS) regulation in place.
Activated carbon injection is projected to be the primary technology
used for mercury removal from coal-fired power plants, cement plants,
solid waste incinerators etc., in the United States.

Mercury emissions in Asia-pacific is increasing primarily owing to the
rising electric generation in developing nations, such as China and
India. This coupled with rising environmental regulations due to
increasing automotive usage in both developing and developed countries
across the globe, such as China, India, Germany, and United States are
another driving factor for activated carbon market.

Water treatment is the largest application of activated carbon
accounting for approximately 45% of the activated carbon consumption
around the world in 2017. In order to meet stringent industrial process
requirements for water to be used in beverage production, energy and
life sciences, activated carbon is used. Usage of activated carbon for
water purification purposes is also the most cost-efficient point-of-use
(POU) water purification devices. Increase in industrial manufacturing
in Asia-Pacific is another major driver for the increase in the
activated carbon demand in this segment.

Market Dynamics

Drivers

• Conformance to Stringent Environmental Regulations in Water Treatment
  Applications in the United States
• Augmenting Prominence for Air Pollution Control (Especially Mercury
  Removal)

Restraints

• Narrower Markets due to increased costs of some grades of activated
  carbon
• Threat of Substitutes like Silica Gel and Supersand

Opportunities

• Rising Demand from Food and Beverage Industry
• Increasing Investment and New Mining Projects in Africa

Major Players: Osaka Gas Chemicals Co Ltd, Kuraray Co
Ltd, Albemarle Corporation and Cabot Corporation, amongst others.

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

• ADA Carbon Solutions LLC
• Albemarle Corporation
• Cabot Corporation
• Carbon Activated Corp.
• CPL Carbon Link
• Donau Chemie Group
• Evoqua Water Technologies Llc
• Haycarb Pvt. Ltd.
• Ingevity
• Jacobi Carbons Inc. (Osaka Gas Chemicals Co. Ltd.)
• Kuraray Co. Ltd.
• Kureha Corporation
• Oxbow Activated Carbon
• Prominent Systems Inc.
• Silcarbon Aktivkohle GmbH
• Veolia Water Technologies

For more information about this report visit https://www.researchandmarkets.com/research/mphk28/global_activated?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Advanced
Materials