Tag Archives: Activated Carbon Industry

Activated Carbon Market – Developments and Trends, Potential of the Market from 2014-2020

Global activated carbon market size is likely to be valued at USD 5.3 billion by 2020; as per a new research report by Hexa Research. 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.

Activated Carbon Market Top Manufacturers with production, price, revenue

Global Activated Carbon Market is segmented on the basis of product type, application, end use, and region. Activated carbon also called activated charcoal has an extremely large surface area per unit volume and a network of submicroscopic pores where adsorption takes place. Activated carbon is a material that is produced from carbonaceous source materials, such as coal, coconuts, nutshells, peat, wood, and lignite.

The primary raw material used for activated carbon is any organic material with a high carbon content. The carbon-based material is converted to activated carbon through physical modification and thermal decomposition in a furnace, under a controlled atmosphere and temperature. The finished product has a large surface area per unit volume and a network of submicroscopic pores where adsorption takes place.

Activated Carbon Market Dynamics by Regions, Type, Application, Dynamics and Development Status and Outlook 2018

Activated Carbon Market:

The Global Activated Carbon Market has seen a potential growth over the past few years and as per MRFR analysis, the global market will expect the same growth during the forecast period. The global activated carbon market is expected to reach more than USD 5.2 billion by 2022 with a CAGR of more than 12%.

The global activated carbon market is mainly driven by the growing application segment such as Industrial, Medical, water treatment, food & beverage, automotive and others. The rapidly increasing urbanization and industrialization is one of the major growing factor. As per analysis, more than 50% of the market has been captured by powdered activated carbon which has become the key revenue generator in the global market. Geographically, APAC is expected to be the leading market followed by North America and Europe.