Activated Carbon Market Report 2020 | Industry Price, Growth, Trends, Analysis and Report

by Adam Lee Senior Analyst

The new report by Expert Market Research titled, ‘Global Activated Carbon Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025′, gives an in-depth analysis of the global activated carbon market, assessing the market based on its segments like types, applications, feedstock, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2015-2025)

  • Historical Market Size (2019): USD 3.93 billion
  • Forecast CAGR (2020-2025): 8%
  • Forecast Market Size (2025): USD 6.24 billion

The market for activated carbon is being driven by the rising demand for water filtration and air purification across the globe in the recent years. Moreover, governments are also encouraging the initiatives undertaken to improve water and air quality, further aiding the market growth. The market is further expected to grow in the developing countries like India and China as the amendments are being made in the acts, such as revisions in the environmental protection law in China. Also, the rising production of activated carbon within these countries is supporting the market growth. Other factors, like increasing disposable incomes, changing lifestyles, and rapid urbanization is enhancing the market growth.

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Industry Definition and Major Segments

Activated carbon is used for extensive applications to purify liquids and toxic gases, such as food and beverages processing, odour removal, potable water treatment, and in controlling industrial pollution. It constitutes of carbonaceous sources such as coconuts, coal, nutshells, peat, and wood.

Based on type, the market can be segmented into:

  • Powdered Activated Carbon (PAC)
  • Granular Activated Carbon (GAC)
  • Others

By applications, the market is divided into:

  • Water Treatment
  • Air Treatment
  • Gold Treatment
  • Respirators
  • Solvency Recovery

Based on feedstock, the market is categorised into:

  • Coconut Shell
  • Wood/Coal
  • Others

By regions, the market is segmented into:

  • North America
  • Europe
  • Middle East and Africa
  • Asia Pacific
  • Latin America

Market Trends

The market for activated carbon is expected to witness a thriving period in the forecast years as the industrial air treatment is gaining attention due to rising concerns within the industrialising countries regarding the air pollution issues. Further, the granular types of the product are anticipated to observe steady demand from the wastewater treatment industry, owing to its ability to effectively remove residual disinfectants and organic contaminants. Further, the extensive application of the product within the mining industry, specifically in the gold purification process, is expected to invigorate the market growth in the forecast period as it is used as an effective adsorbent in the gold recovery process. Thereby resulting in the increased market growth due to a rise in the gold mining activities.

Key Market Players

The major players in the market are Kuraray Co., Ltd. (TYO: 3405), Oxbow Activated Carbon LLC, Haycarb (Pvt) Ltd., Indo German Carbons Limited (IGCL), Shinkwang Chem. Ind. Co., Ltd, S.I.C.A.V Srl, Century Chemical Works Sdn. Bhd, and Cabot Corporation (NYSE: CBT), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

We also provide state-of-the-art procurement intelligence through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
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About Adam Lee Innovator   Senior Analyst

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Joined APSense since, July 21st, 2020, From WY, United States.

Created on Oct 26th 2020 06:59. Viewed 323 times.


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