Activated Carbon Demand in South Korea to Increase 5.4% Annually Through 2022

Industrial air purification and water treatment are the most important markets for activated carbon

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Apr 29, 2019, 13:17 ET

CLEVELAND, April 29, 2019 /PRNewswire/ -- Activated carbon demand in South Korea is forecast to grow 5.4% per year to 40,500 metric tons in 2022. Carbon demand has been fueled by South Korea's emphasis on reducing air pollution, which has manifested itself in a set of mercury emission limits for coal-fired facilities and a cap and trade system of carbon credits. These and other trends are presented in Global Activated Carbon, a new study from The Freedonia Group, a Cleveland-based industry research firm.

More information about this study is here: https://www.freedoniagroup.com/industry-study/global-activated-carbon-3692.htm

South Korea is expected to remain a large market for water treatment activated carbon through 2022. Demand in this market will be supported by both the country's strict water standards and the popularity of point-of-use water treatment systems for consumers. Point-of-use water systems can further boost demand if the powdered activated carbon used in these systems is discarded and not reactivated.

Global demand for activated carbon (liquid phase and gas phase) will grow 4.2% per year to 1.8 million metric tons in 2022. Powdered activated carbon demand will continue to outpace granular types going forward, supported by developed and developing countries alike investing in mercury control solutions for coal power and other industrial mercury emitters.

Global Activated Carbon (published 12/2018, 330 pages) is available for $6500 from The Freedonia Group. Please link citations to https://www.freedoniagroup.com/World-Activated-Carbon.html

About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Chemicals studies can be purchased at www.freedoniagroup.com, www.marketresearch.com and www.profound.com.

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SOURCE The Freedonia Group