Activated Carbon Market expands with the rising demand from industrial facilitiePosted by rohan on February 17th, 2020 Activated carbon Market Overview: Activated carbon is one of the critical adsorbents in the adsorbent market worldwide. Its capacity of adsorption is high, and it also has a big surface area. Coal, wood, coconut shells and lignite are the vital raw materials employed for its production. It is subdivided into three kinds, namely, powdered, extruded and granular. Activated charcoal is used mainly in the liquid phase and gas phase applications. The size of the global activated carbon market was close to USD 6.23 billion by revenue, at the end of 2019 and is estimated to grow at a CAGR of 9.46% to reach around USD 9.79 billion in the forecast period 2020-2025. Activated carbon drivers and restraints: There has been an increasing demand for activated carbon for water phase and gas phase applications, particularly in industrial facilities. There is an increase in the need for activated carbon in developed nations like the USA. Development in technology, rising awareness about health and increasing capability of people to obtain medical services are some of the major factors boosting the growth of the global activated carbon market. In addition to that, growth in the activated carbon market may be witnessed owing to the new demand in mercury control technology, as its derivatives are hazardous in nature. To know more, click on the link below: https://www.marketdataforecast.com/market-reports/activated-carbon-market Report segmented as: By product:
By application:
Geographical analysis: The Asia Pacific region is leading in the global activated carbon market. It is followed by North America, Europe and other regions such as Latin America, the Middle East and Africa. Market hold of activated carbon is very strong in the USA. Asian countries are one of the major exporters of activated carbon around the world. Important market players: Some of the major players operating in the global activated carbon market are Haycarb PLC, MeadWestvaco Corporation, Kureha Corporation, Calgon Carbon Corporation, Carbon Resources LLC, Carbotech, Clarinex Group, Jacobi Carbons AB, Cabot Corporation Kuraray Co. Ltd., Carbon Activated Corporation, Siemens Water Technologies Corp., MeadWestvaco, Evoqua Water Technologies LLC, Osaka Gas Company Ltd., Albemarle Corp., Indo German Carbons Ltd., Arkema group, Oxbow Corporation, Ningxia Huahui Activated Carbon Company Ltd. and ADA-ES Inc. View a sample and decide: https://www.marketdataforecast.com/market-reports/activated-carbon-market/request-sample Recent Developments: Jacobi Carbons is declaring a price escalation of up to 10% for all of our anthracite and bituminous coal-based activated carbons in pelletised, granular and powdered forms. Unfortunately, this is needed as the operational prices for these products have continued to escalate highly. The Scope of the report: This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors. Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626 Website: https://www.marketdataforecast.com/ Like it? Share it! More by this author |