Activated Carbon Market Size, Share, Trends and Growth Report to 2020: Radiant Insights, Inc.
(firmenpresse) - SAN FRANCISCO, CA -- (Marketwired) -- 11/04/15 -- Global size is likely to be valued at USD 5.3 billion by 2020. Increase in commercial & residential waste water treatment demand, due to escalation in water prices, is anticipated to drive the growth. Growth in air filtration demand, due to rapid industrialization in countries such as China, Russia, India, Brazil and Mexico, is likely to positively influence overall growth.
Favorable regulations such as the "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.
Powdered activated carbon (PAC) dominated the product segment and accounted for over 56% of the total volume in 2013. Increasing application scope in cement industry, municipal treatment, groundwater remediation and beverage industry is likely to drive its growth. GAC (granular activated carbon) is anticipated to witness gains at an estimated CAGR of 11% from 2014 to 2020.
Global activated carbon market size was estimated 1.37 million tons in 2013 and may register 2.96 million tons by 2020 growing with an estimated CAGR of 11.7% from 2014 to 2020.
Liquid phase applications dominated demand and accounted for 55.3% of the share in 2013. Activated carbons are widely preferred in removing containments from ground water which helps in addressing consumer health concerns. Gas phase applications are likely to witness highest gains of 14.3% from 2014 to 2020.
Water treatment dominated end-use segment and accounted for 41.2% of the total volume in 2013. Air purification is anticipated to be the fastest growing end-use segment with expected gains of 13.8% from 2014 to 2020.
Asia Pacific dominated the regional market and accounted for 41.1% of the total volume in 2013 and is also likely witness highest gains of over 12% from 2014 to 2020. Presence of large scale manufacturing units in countries such as China and India are likely to drive regional demand. North America is anticipated to grow at an estimated CAGR of 11.4% from 2014 to 2020.
The global activated carbon market is consolidated with top three companies comprising over 70% of the share by revenue. Major companies include Calgon Carbon, Haycarb PLC, ADA-ES Inc., MeadWestvaco Corp, Cabot Corp, Siemens Water Technologies and Jacobi Carbons.
Powdered Activated Carbon (PAC)
Granular Activated Carbon (GAC)
Others
Liquid Phase
Gas Phase
Water Treatment
Food & Beverage Processing
Pharmaceutical
Automotive
Air Purification
Others
North America
Europe
Asia Pacific
RoW
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 04.11.2015 - 06:45 Uhr
Sprache: Deutsch
News-ID 1396792
Anzahl Zeichen: 4076
contact information:
Contact person:
Town:
SAN FRANCISCO, CA
Phone:
Kategorie:
Commodity Chemicals
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 191 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Activated Carbon Market Size, Share, Trends and Growth Report to 2020: Radiant Insights, Inc.
"
steht unter der journalistisch-redaktionellen Verantwortung von
Radiant Insights, Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
