Activated Carbon Market to Reach Around US$ 6.0 Bn by 2026; Increase in Demand for Wastewater Treatment and Gas & Air Treatment to Drive Market - TMR

News provided by

Jan 22, 2019, 06:00 ET

ALBANY, New York, January 22, 2019 /PRNewswire/ --

Transparency Market Research (TMR) witnesses the global activated carbon market has a highly consolidative vendor landscape. Some of the companies operating in the global activated carbon market are Cabot Corporation, Osaka Gas Chemicals Co., Ltd., Calgon Carbon Corporation, Haycarb PLC, and ADA Carbon Solutions, Inc., CarboTech AC GmbH. In 2017, the four players such as Cabot Corporation, Osaka Gas Chemicals Co., Ltd., Calgon Carbon Corporation, Haycarb PLC dominated the activated carbon market.

(Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

According to TMR, the global activated carbon market is expected to attain a value of US$ 6.0 bn by the end of the year 2026 rising with a CAGR of 8.2% over the forecast period from 2018 and 2026.

Request a Sample of Global Activated Carbon Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=114

Based on the raw material, the coal-based segment dominated the global activated carbon market and is expected to remain dominant over the forecast period. On the basis of form, the granular form segment is expected to dominate the global activated carbon market by accounting leading share of 40% over the forecast period. Based on the region, Asia Pacific dominated the global activated carbon market by accounted for a leading share of 30% in the year 2017 in the global activated carbon market. Additionally, North America accounted for the share of 25% of the global activated carbon market in the same year.

Request For Multiple Chapters: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=114

Growing Awareness about Environment to Propel Growth

Growing awareness for consumption of clean water and the rising number of water treatment plants due to numerous subsidies availed by governments are offering benefit to the growth of the global activated carbon market. Activated carbon has extensive application in air purification, groundwater purification, and water filtration. Numerous governments are offering subsidiaries for water purification and offering rapid industrialization in developing countries, which is offering benefits to the growth of the global activated carbon market.

Numerous regulatory agencies have imposed stringent regulations for curbing the mercury emission in the petrochemical industries such as Air Toxic Standard (MATS) on EPA. The agency is trying to curb emission level of mercury and lower the emission from manufacturing the chemicals, oil & gas, and electricity from power plants. These initiatives are boosting adoption of activated carbon and likely to propel the growth of the global activated carbon market.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=114

Numerous Opportunities due to High Adoption of Safety Equipment to Propel Growth

Growing demand for activated carbon for ensuring the safety of the environment and adopting the safety devices and systems such as air purifier is boosting the growth of the global activated carbon market. Furthermore, the market is expected to gain traction due to its high capacity to absorb carbon on a high level. The activated carbon is manufactured from the coconut shell and peat. The high carbon content in the shell creates foam for production and increases the absorption capacity, which is propelling the growth of the global activated carbon market. The aforementioned factors are expected to offer lucrative opportunities for growth of the global activated carbon market.

Browse Press Release: https://www.transparencymarketresearch.com/pressrelease/activated-carbon-market.htm

This information is encompassed in the report by TMR, titled "Activated Carbon Market (Raw Material - Coal based, Coconut Shell based, Wood based; Form - Powdered, Granular, Extruded; Application - Water and Wastewater Treatment, Gas and Air Treatment, Food and Beverages, Industrial Chemicals, Pharmaceuticals, Mining, Automotive) - Global Industry Analysis, Value, Share, Growth, Trends, and Forecast 2018 - 2026."

For the study, the activated carbon market has been segmented as follows:

By Form

Granular
Powdered
Extruded
Others (including Honeycombs and Activated Carbon Fibers)

By Raw Material

Coal-based
Coconut Shell-based
Wood-based
Others (including Olive Stones and Petroleum Pitch)

By Application

Water & Wastewater Treatment
Gas & Air Treatment
Food & Beverages
Industrial Chemicals
Pharmaceuticals
Mining
Automotive
Others (Including Personal Care and Gold Metal Catalyst)

Browse Chemicals and Materials Market Research Reports

Popular Research Report by TMR:

Wood Activated Carbon Market: https://www.transparencymarketresearch.com/wood-activated-carbon-market.html
Base Oil Market: https://www.transparencymarketresearch.com/base-oils-lubes-market.html
Ion Exchange Membrane Market: https://www.transparencymarketresearch.com/ion-exchange-membrane-market-2017-2026.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]