The “Activated Carbon Market” report forecast 2019-2024 is a professional and detailed study on the present state also focuses on the major drivers, Activated Carbon business strategists and effective growth for the key players. Global Activated Carbon Industry also provides granular analysis of the Activated Carbon market dynamics, share, segmentation, revenue forecasts and facilitate better decision-making.
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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 2019 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.
Activated Carbon Market by Top Manufacturers:
Analysis and Key Opportunities of Activated Carbon Market Report: Extensive analysis of the Global market, by component, helps in understanding the components of the Market that are currently used along with the variants that would gain prominence in the future. 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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Some Major Point cover in this Activated Carbon report are: –
What will the market growth rate, Overview and Analysis by Type of Activated Carbon Market in 2024?
What are the key factors driving, Analysis by Applications and Countries Global Activated Carbon industry?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Manufacturers Profiles of Activated Carbon?
Who are Opportunities, Risk and Driving Force of Activated Carbon Market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
Who are the opportunities and threats faced by the Manufacturers in Activated Carbon space? Business Overview by Type, Applications, Gross Margin and Market Share
What are the market opportunities, market risk and market overview of the Activated Carbon Market?
No. of Pages: – 170
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Table of Contents included in Activated Carbon Market Report –
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user industry
PART 07: Market segmentation by application
PART 08: Geographical Segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
List of abbreviations
List of Exhibits
And Many More….
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