World Activated Carbon Market Analysed by Industry Experts in In-demand Report Now Available at MarketPublishers.com05 Feb 2016 • by Natalie Aster
LONDON – Worldwide demand for activated carbon is on the rise, with future growth prospects seeming quite bright. Due to activated carbon’s outstanding ability to adsorb some impurities from gases and liquids, the product is widely used in the applications relating to air and water purification. The automotive, food & drinks and medical & pharma sectors also make use of this material. Furthermore, the future of the market will likely benefit from a continuous flow of openings from certain industrial processes that use adsorption technologies.
Regulations pertaining to air and water pollution globally have a key role to play in having an influence on the activated carbon demand. A number of countries worldwide are facing the challenge of dwindling clean water resources owing to the population growth. Rising amounts of contaminated groundwater need purification, and activated carbon offers an effective solution for clearing this hurdle. The Disinfectants and Disinfection By-product Rule in the USA, which sets a limit on the allowable concentrations of chemicals in drinking water, will likely to drive the activated carbon market growth, too.
The supply of raw materials for activated carbon has been tight in the recent past, enforcing producers push up prices for virgin activated carbon. This scenario has resulted in rising demand for reactivated carbon across a variety of areas, such as refineries for reducing volatile organic compounds (VOC) levels in gas phase applications, sewage treatment and groundwater remedial processes.
Valued at USD 2.7 billion in 2015, the worldwide activated carbon market is projected to grow from USD 3 billion in 2016 and reach USD 6.2 billion by end-2022, maintaining a healthy CAGR of 12.8% over the forecast period.
In-demand market research report “Activated Carbon – A Global Market Overview” elaborated by Industry Experts provides an in-depth review of the world activated carbon market landscape. It provides an overview of the various product segments, analyses the major applications of activated carbon and discusses the key end-use sectors. The study reviews, canvasses and projects the activated carbon market during 2012-2022 worldwide, region-wise and across the 15 independent nations. It also outlines and examines the major market and business trends. The report profiles the top 49 global players and 80 leading regional players. Furthermore, the research publication includes the listing of the companies involved in the production and supply of activated carbon, covering the addresses, contact details and the website addresses of 227 firms.
Activated Carbon – A Global Market Overview
Published: January, 2016
Price: US$ 4,320.00
More studies by the publisher can be found at Industry Experts page.