Global activated carbon market Driven by Growing Acceptance of Consumers


Radiant insight Published “Global activated carbon market size worth $5.3 billion by 2020”

Description

Global activated carbon market size is likely to be valued at USD 5.3 billion by 2020; as per a new research report by Radiant Insights, Inc. Increase in commercial & residential waste water treatment demand owing to escalation in water prices is anticipated to drive the growth. Growth in air filtration demand owing to rapid industrialization n countries such as China, Russia, India, Brazil and Mexico is likely to positively influence overall growth.

 

Favorable regulations such as “Clean Air Mercury Rule” from EPA for lowering mercury emissions from coal-power fired industries are likely to support activated carbon market demand. Tight raw material supply situation of coal, wood pulp and coconut shell is likely to affect overall industry profitability.

 

Powdered activated carbon (PAC) dominated the product segment and accounted for over 56% of the total volume in 2013. Increasing application scope in cement industry, municipal treatment, groundwater remediation and beverage industry is likely to drive its growth. GAC (granular activated carbon) is anticipated to witness gains at an estimated CAGR of 11% from 2014 to 2020.

 

 

The report “Activated Carbon Market Size, Price, Analysis Report, 2020” is available now to Radiant Insights customers and can also be purchased directly at

http://www.radiantinsights.com/research/activated-carbon-market  

 

 

Key report insights suggest:

 

             Global activated carbon market size was estimated 1.37 million tons in 2013 and may register 2.96 million tons by 2020 growing with an estimated CAGR of 11.7% from 2014 to 2020.

 

             Liquid phase applications dominated demand and accounted for 55.3% of the share in 2013. Activated carbons are widely preferred in removing containments from ground water which helps in addressing consumer health concerns. Gas phase applications are likely to witness highest gains of 14.3% from 2014 to 2020.

 

             Water treatment dominated end-use segment and accounted for 41.2% of the total volume in 2013. Air purification is anticipated to be the fastest growing end-use segment with expected gains of 13.8% from 2014 to 2020.

 

             Asia Pacific dominated the regional market and accounted for 41.1% of the total volume in 2013 and is also likely witness highest gains of over 12% from 2014 to 2020. Presence of large scale manufacturing units in countries such as China and India are likely to drive regional demand. North America is anticipated to grow at an estimated CAGR of 11.4% from 2014 to 2020.

 

             The global activated carbon market is consolidated with top three companies comprising over 70% of the share by revenue. Major companies include Calgon Carbon, Haycarb PLC, ADA-ES Inc., MeadWestvaco Corp, Cabot Corp, Siemens Water Technologies and Jacobi Carbons.

 

For the purpose of this study, Radiant Insights has segmented the activated carbon market on the basis of product, application, end-use and region:

 

Global Activated Carbon Product Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

             Powdered Activated Carbon (PAC)

             Granular Activated Carbon (GAC)

             Others

 

Global Activated Carbon Application Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

             Liquid Phase

             Gas Phase

 

Global Activated Carbon End-Use Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

             Water Treatment

             Food & Beverage Processing

             Pharmaceutical

             Automotive

             Air Purification

             Others

 

Global Activated Carbon Regional Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)

             North America

             Europe

             Asia Pacific

             RoW

 

About Us

 

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

 

Contact Us

 

Michelle Thoras    

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com 

Web: http://www.radiantinsights.com



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