The Global Activated Carbon Market is projected to grow at a CAGR 8.16% rate during the forecast period. Stringent Government Regulations for Emission Control, Mercury Control from Power Plants, High Demand for Clean Drinking Water, and Industrial Growth in Asia Pacific especially in ASEAN Countries propel the growth of the activated carbon market globally.
Powdered activated carbon was the fastest-growing segment in the market. Demand for powdered activated carbon in industrial applications such as pharmaceutical industry for decolorization, deodorization operations is expected to drive its demand during forecast period. The industrial growth in emerging clusters across the globe such ASEAN countries, North African Countries, and Central & Eastern European countries is expected to drive the demand for activated carbon.
Gas Phase Applications is the fastest growing application segment in the market. Use of activated carbon for air purification applications, mercury removal, hydrogen sulfide removal, chlorine removal is driving the global activated carbon market. Moreover, the growing use of hybrid and electronic cars is also likely to drive the demand in the automotive application of the market.
The Asia-Pacific region led the global activated carbon market. China is the largest market for activated carbon in the Asia-Pacific region, and accounted for a major share of the market. However, the increasing demand for activated carbon in India, Indonesia, and South Korea also expected to drive the market in the region. The ease of availability of raw material, and increasing development strategies to meet the demand for activated carbon in the established and emerging applications, are the key growth drivers for activated carbon in this region.
Key market players include Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), and Haycarb Plc(Sri Lanka), Kuraray Chemical Co. Ltd( Japan), KUREHA CORPORATION(Japan), Donau Carbon GmbH(Germany), Silcarbon Aktivkohle GmbH(Germany), Oxbow Activated Carbon LLC(U.S).
Key questions which the report answers
- What are new application areas which the activated carbon companies are exploring?
- Which are the key players in the market and how intense is the competition?
- Introduction
- Market Definition
- Study Scope
- Study Period
- Market Stakeholders
- Research Methodology
- Secondary Research
- Primary Research
- Research Design
- Data Validation
- Limitations and Assumptions
- Market Dynamics
- Drivers
- Check Over Mercury Emissions for Pollution Control Leading the Demand for Activated Carbon
- Stringent Regulations on Water Purification to Escalate Demand for Activated Carbon
- Research and New Product Development
- Challenges
- Scarcity of Raw Materials Causing Price Hikes of Activated Carbon in Asia-Pacific
- Weak Economic Conditions Lowered Industrial Growth Eventually Impacting Activated Carbon Sales
- Opportunities
- Reactivated Carbon: an Opportunity for Activated Carbon Producers to Maximize Profits
- Activated Carbon Market, By Type
- Powdered activated carbon
- Granular activated carbon
- Other activated carbon
- Activated Carbon Market, By Application
- Liquid Phase Applications
- Water Treatment Applications
- Foods & Beverages Applications
- Pharmaceutical & Medical Applications
- Other Liquid Phase Applications
- Gaseous Phase Applications
- Industrial
- Automotive Applications
- Other Gaseous Phase Applications
- Activated Carbon Market, By Region
- North America
- US
- Canada
- Mexico
- Europe
- Russia
- Germany
- France
- Italy
- UK
- Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of the World
- South America
- Middle East and Africa
- Company Profiles
- Leading Companies in Activated Carbon market
- Osaka Gas Co., Ltd.
- Cabot Corporation
- Calgon Carbon Corporation
- Kuraray Co. Ltd
- Haycarb PLC
- Kureha Corporation
- Donau Carbon GmbH
- Silcarbon Aktivkohle GmbH
- Prominent Systems Inc.
- Oxbow Activated Carbon LLC
- Other Companies in Activated Carbon market
*Company introduction, financial information, recent developments, SWOT analysis
- Conclusion and Recommendations
- Appendix
- About
- Related Reports
- Glossary
