Activated Carbon Market Insights, 2020

Hexa Research
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Activated Carbon Market Share, Size, Analysis, Growth, Trends
and Forecasts, 2014 to 2020 | Hexa Research
Activated Carbon Market is estimated to reach up to USD 5,255.0 million till 2020
globally. In 2012, powdered activated carbon dominated the market globally with
contribution for over 53% of total volumes .According to the Research study by Hexa
Research, This market is likely to boom in upcoming years with rising demand of
mercury removal applications and drinking water treatment. Activated carbon market is
majorly dominated by Asia Pacific region. Granular activated carbon industry is
expected to reach USD 1,933.4 million till 2020 with the growing CAGR of 14.2% from
2015 to 2020.In 2012 air purification and water treatment industries domina ted entire
market accounting for around 76% of activated carbon volumes.
By 2020, Air purification market for Activated Carbon is estimated to reach around USD
2,245.2 million with CAGR over 15% from 2015-2020. Market revenues are estimated
to reach around USD 2,095.0 million by 2020 with growing CAGR at 14.2% from 2014
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Hexa Research
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to 2020.Rapid industrialization growth is expected to drive Activated carbon market
globally.
Browse Details of Report @ http://www.hexaresearch.com/researchreport/activated-carbon-industry/
Activated carbon which is basically used for liquid, vapor and gas treatment, is also
effective is removing chlorine to make water consumable.GAC market is likely to
experience considerable growth in next six years. With increasing environmental
concerns for reduction of emission of acid gases, mercury from coal plants is the main
factor for growth of the market over forecast period. Few US environmental protec tion
agencies have set the standards for air toxicity and mercury.
Manufacturers have upgraded their coal plants according to the system of injecting
activated carbon in flues gases to remove mercury Activated carbon is the major
absorbent occupying more than 64% of volume market share owing its high absorbent
capacity and large surface area. Major players of global activated carbon market are
Calgon Carbon Corporation, MeadWestvaco Corporation, Cabot Corporation, Haycarb
PLC and Carbon Resources LLC.
Browse Related Category Market Reports @ https://www.hexaresearch.com/researchcategory/specialty-and-fine-chemicals-industry
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Global activated carbon market is expected to experience considerable growth over the forecast period owing to increasing application in major end-use industries