The report provides an overview of the “Activated Carbon Market” industry including definitions, division, key vendors, key Development and market challenges. The Activated Carbon Market analysis is provided the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Activated Carbon Market including capacity, production, production value, cost/profit, supply/demand and import/export. The entire market is further distributed by company, by country, and by application/type for the competitive landscape analysis.
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The market for activated carbon is expected to register a CAGR of 6.39% during the forecast period of 2019 – 2024. Major factors driving the market studied are conformance to stringent environmental regulations in water treatment applications in the United States and augmenting prominence for air pollution control (especially mercury removal). Narrower markets due to the increased costs of some grades of activated carbon and threat of substitutes like silica gel and super sand are expected to hinder the growth of the market studied.
Water purification application dominated the market in 2018 and is expected to grow during the forecast period, owing to the use of activated carbon in municipal wastewater treatment and a number of industrial processes.
The rising demand from the food and beverage industry is likely to act as an opportunity in the future.
Asia-Pacific dominated the market across the globe with the largest consumption from the countries, such as China and Japan.
The Activated Carbon Market report also presents the vendor countryside and a corresponding detailed analysis of the major vendors operating in the market. Activated Carbon Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Key Market Trends
Increasing Demand for Water Treatment Application
Water treatment is the largest application of activated carbon. Most of the water treatment filters are made up of granular activated carbon.
It is used for the removal of organic-chemical substances and colorants and reduces trace substances, such as chemicals.
Activated carbon is used as a polishing step to remove dissolved organic and non-biodegradable compounds, following physical and biological pre-treatment processes to remove solids and biological oxygen demand.
Activated carbon removes the impurities from water primarily through surface adsorption. Usage of activated carbon for water purification purposes is also the most cost-efficient point-of-use (POU) water purification devices.
Water treatment applications have a high demand for industrial and water treatment in North America and Western Europe. Increase in industrial manufacturing in Asia-Pacific is another major driver for the increase in the activated carbon demand in this segment.
China to Dominate the Market in Asia-Pacific Region
China is the second largest consumer countries of activated carbon in the world after the United States. Activated carbon is used widely in water treatment, food and beverage, healthcare, automotive industries, and industrial processing.
China’s food and beverage industry is enormous and plays an important role in the country’s economy.
The food and beverage industry is expected to continue to grow because of the increasing middle class population with more purchase power, as well as growing attention on the food safety and quality.
Waste water treatment is mainly because of the coal, steel and iron industries which require fresh water for the day to day activities.
North China has approximately 90% of the country’s coal based industries. Also, North China has less reserves of fresh water, therefore, increasing the demand for waste water technologies which in turn is providing opportunities for the activated carbon market during the forecast period.
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Reasons to Purchase this Report
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- Study on product type and application expected to dominate the market.
- Study on regions expected to witness fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
Detailed Table of Content of Global Activated Carbon Market – Growth, Trends, Forecast and Challenges (2019 – 2024)
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Trends of Activated Carbon Market
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Market Dynamics of Activated Carbon Market
5.1.1 Increasing Production
5.1.2 Rising Demand
6. Global Activated Carbon Market Segmentation, By Capacity
7. Global Activated Carbon Market Segmentation, By Material Type
7.1 Type 1
7.2 Type 2
7.3 Type 3
8. Global Activated Carbon Market Segmentation, Segmented by Region
8.1 North America
8.1.1 United States
8.1.3 Rest of North America
8.2.4 Rest of Asia-Pacific
8.3.1 United Kingdom
8.3.5 Rest of Europe
8.4 Rest of the World
8.4.2 South Africa
9. Competitive Landscape and Introduction of Activated Carbon Market
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
10.1 Company 1
10.2 Company 2
10.3 Company 3
And Many More….
No. of Pages: – 170
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