Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on activated carbon market provides in-depth analysis of segments and sub-segments
in the global as well as a regional
activated carbon market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional activated carbon
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of the global activated carbon market. According to the report, the global
activated carbon market is projected to grow at a CAGR of 8.9% over the
forecast period of 2019-2025.
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. Activated carbon can be produced from a number of
organic, carbon-rich sources, including coal, wood, and coconut husks, to name
a few. It boasts a unique physical structure that makes it one of the most
extensively used adsorbents on the market.
The global activated carbon market
is expected to be primarily driven by factors such as check over mercury
emissions for pollution control, stringent regulations on water purification to
escalate the demand for activated carbon and research and new product
development. The growing use of activated carbon in water purification coupled
with rising investments in infrastructure for safe drinking water is on the rise in developing nations, that in
turn drives the growth of the market over the forecast period. In addition,
rising applications of activated in the cosmetic
and the pharmaceutical industry contributes to the growth of the activated carbon
market. However, the growth in the 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 and weak economic conditions lowered
industrial growth eventually impacting activated carbon sales. Further, the growing use of reactivated carbon provides an opportunity
for activated carbon producers to maximize profits.
Among the regions, Asia Pacific
dominates the global activated carbon market. The rising industrialization,
comparatively low manufacturing cost, and less stringent government regulations
contribute to the growth of Asia
Pacific activated carbon market. Additionally, the rising demand for water
treatment products from the most populous nations such as China, India, and
Indonesia among others increases the demand for the activated carbon in the
Asian markets. Furthermore, North America and Europe are anticipated to have a
rapid growth during the forecast period owing to increasing measures in these
regions to restore and protecting the environment.
The report on global activated
carbon market covers segments such as type, application, and end user. On the
basis of type, the sub-markets include powdered activated carbon and granular activated carbon. On the
basis of application, the sub-markets include liquid phase and gaseous phase. On
the basis of end user, the sub-markets include water & wastewater
treatment, food & beverages, pharmaceuticals, cosmetic industry, gas &
air purification, mining, automotive, and other end users.
The report provides profiles of
the companies in the market such as Osaka Gas Co., Ltd., Cabot Corporation, Haycarb PLC, Kureha Corporation,
Donau Carbon GmbH, Silcarbon Aktivkohle GmbH, Prominent Systems Inc., Oxbow
Activated Carbon LLC, Clarimex, and other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into 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 2019-2025. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.