Radiant insight Published “Global activated carbon market size worth $5.3 billion by 2020”
Description
Global
activated carbon market size is
likely to be valued at USD 5.3 billion by 2020; as per a new research report by
Radiant Insights, Inc. Increase in commercial & residential waste water
treatment demand owing to escalation in water prices is anticipated to drive
the growth. Growth in air filtration demand owing to rapid industrialization n
countries such as China, Russia, India, Brazil and Mexico is likely to
positively influence overall growth.
Favorable regulations such as
“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.
The report “Activated Carbon Market Size, Price,
Analysis Report, 2020” is available now to Radiant Insights customers and can
also be purchased directly at
Key report insights suggest:
• 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.
For the purpose of this study,
Radiant Insights has segmented the activated carbon market on the basis of
product, application, end-use and region:
Global Activated Carbon
Product Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Powdered Activated Carbon (PAC)
• Granular Activated Carbon (GAC)
• Others
Global Activated Carbon
Application Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Liquid Phase
• Gas Phase
Global Activated Carbon
End-Use Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)
• Water Treatment
• Food & Beverage Processing
• Pharmaceutical
• Automotive
• Air Purification
• Others
Global Activated Carbon
Regional Overview (Kilo Tons; Revenue, USD Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
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Contact Us
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Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
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