Activated Carbon Market 2019 Global Analysis, Share Report, Key - FOX21- Entertaining Delmarva One Click at a Time

Activated Carbon Market 2019 Global Analysis, Share Report, Key Players, Business Growth Strategies, Size by regional Forecast to 2023

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Activated Carbon Market Overview:

The activated carbon market is projected to be valued at USD 7,032.5 Mn by the end of 2023 and expected to exhibit a CAGR of 8.14% during the forecast period.

Activated Carbon Market Key Players:

Some of the leaders in the global activated carbon market are;

  • Osaka Gas Chemicals Co., Ltd. (Japan)
  • Calgon Carbon Corporation (US)
  • Cabot Corporation (US)
  • DESOTEc (Belgium)
  • HAYCARB (PVT) LTD. (Sri Lanka)
  • Kalpaka Chemicals (India)
  • ThomasNet (US)
  • FEECO International, Inc. (US)
  • Carbon Activated Corporation (US)
  • Kureha Corporation (Japan)
  • Universal Carbons (India)
  • Silcarbon Aktivkohle GmbH (Germany)
  • Donau Carbon GmbH (Germany)
  • Oxbow Activated Carbon LLC (U.S.)
  • Kuraray Co., Ltd. (Japan)
  • CPL Carbon Link (UK)

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Activated Carbon Market Regional Analysis:

The global activated carbon market is studied with respect to five key regions, namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. As per MRFR analysis, Asia-Pacific dominated the global market, accounting for the largest share in 2018 and is projected to register a CAGR of 9.93% during the forecast period. The market in North America was the second largest after Asia-Pacific and is projected to be valued at USD 1,343.0 by the end of 2023. Europe also held a substantial market share of 15.53% in 2018.

The European region is set to observe a significant growth in the activated carbon market due to increased demand fueled by the stringent regulations imposed on industrial and automotive emissions. Germany, Italy, and the U.K. are projected to lead the market of this region owing to rapid technological advancement and growing usage over the forecast period.

Activated Carbon Market Segment Analysis:

The global activated carbon market has been segmented on the basis of type, application, and region. Based on type, the global market has been classified into powdered activated carbon, granulated activated carbon, extruded activated carbon, and others. Among these, the powdered activated carbon segment held the largest market share in 2018 and is projected to register the highest CAGR of 8.45% during the forecast period. This is mainly attributed to the widespread use of the product for mercury removal from power plant emissions, removal of organic contaminants from wastewater, de-chlorination of water, drinking water treatment, and taste and odor removal from water used in the food & beverage industry.

By application, the global activated carbon market has been segmented into water purification, air purification, food & beverage, industrial chemicals, metal extraction, pharmaceuticals, automotive, catalyst, and others. The water purification segment dominated the global market in 2018 with a market value of USD 1,575 million in 2018. This large-scale consumption of activated carbon in this application segment is due to the increasing awareness among the consumers regarding the treatment of drinking water as well as the re-use of the industrial wastewaters by purification.

Activated Carbon Market Table of Content to be Continue.,

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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