The report on global activated carbon market provides qualitative and quantitative analysis for the period of 2015 to 2023. According to report the global activated carbon market is expected to grow at a CAGR between 8.5% and 9.5% over the forecast period of 2017 – 2023. The activated carbon market was valued at USD 4.7 billion in 2015.
Figure 1: Global Activated Carbon Market by Value 2015 – 2023
The report identified that global activated carbon is driven by factors such as check over mercury emissions for pollution control leading the demand for activated carbon, stringent regulations on water purification to escalate demand for activated carbon and research and new product development, and research and new product development. While the restraining factors include scarcity of raw materials causing price hikes of activated carbon in Asia-Pacific. Further, the report identifies the opportunities in the world market as reactivated carbon: an opportunity for activated carbon producers to maximize profits, and weak economic conditions lowered industrial growth eventually impacting activated carbon sales.
Activated carbon, also referred to as activated charcoal, is used as colorants, and catalysts in industrial processes. Activated carbon is processed to create millions of pores between carbon items which in turn increase the surface area. The increased surface area helps in absorbing impurities from gas, vapors and liquids. Owing to its usefulness in industrial processes the demand for activated carbon has surged over the past few years. The global activated carbon market is expected to be primarily driven by factors such as check over mercury emissions for pollution control leading the demand for activated carbon, stringent regulations on water purification to escalate demand for activated carbon and research and new product development. However, the growth in global activated carbon market is likely to be restrained by factors such as scarcity of raw materials causing price hikes of activated carbon in Asia-Pacific.
The report on global activated carbon market covers segments such as type and application. On the basis of type the global activated carbon market categorized into powdered activated carbon, granular activated carbon, others. On the basis of application the global activated carbon market categorized into liquid phase, gaseous phase.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2015 – 2023.
Figure 2: Global Activated Carbon Market by Region 2017-2023
The regions covered in the report include North America, Europe, Asia-Pacific, and Rest of the World. North America region covers the country markets such as U.S., Canada, and Mexico. Furthermore, Europe includes the country markets such as Germany, U.K., France, Spain, and Rest of Europe. The Asia-Pacific region covers the analysis of countries such as China, Japan, India, Australia, New Zealand, and Rest of APAC. Among the geographies Asia-Pacific is expected to be the largest market for activated carbon market over the Forecast period 2015 to 2023. Furthermore, Asia-Pacific is expected to grow at the highest CAGR over the forecast period.
The report provides profiles of the companies in the global activated carbon market such as, Osaka Gas Co., Ltd., Cabot Corporation, Calgon Carbon Corporation, Kuraray Co. Ltd, Haycarb PLC, Haycarb PLC, Kureha Corporation, Donau Carbon GmbH, Silcarbon Aktivkohle GmbH, Prominent Systems Inc., and Oxbow Activated Carbon LLC.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global activated carbon market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter’s five forces analysis and DRO analysis of activated carbon market.
Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the activated carbon market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors of the activated carbon market to understand the present and future trends in this market and formulate their strategies accordingly.
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