Global Activated Carbon Market By Product (Powdered, Granular, Extruded/Pelletized, Others), Raw Material (Coal-Based, Coconut Shell-Based, Wood-Based, Others), Application (Liquid Phase, Gas Phase), End Use (Water & Wastewater Treatment, Food & Beverage Processing, Industrial Chemicals, Pharmaceutical & Medical, Automotive, Gas & Air Purification, Mining, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Activated Carbon Market
Global activated carbon market is expected to register a healthy CAGR of 10.08% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increasing usage of the product in different purification and treatment processing in different industries.
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Market Definition: Global Activated Carbon Market
Activated carbon is a type of processed carbon designed to provide smaller, lower-volume pores in its structure which help in increasing the surface area in filtration application. These pores help increase the absorption capacity, and therefor are utilized in purification in a number of processing industries such as food & beverages, oil & gas, pollution control, water & wastewater treatment among others.
Market Drivers:
High levels of demand for water & wastewater processing industries; this factor is expected to drive the growth of the market
Increasing concerns for the environment resulting in greater demand for purification and filter media; this factor is expected to drive the growth of the market
Presence of strict regulations regarding the treatment of water and air in various industries; this factor is expected to augment growth of the market
High levels of research and developments in the production of carbon; this factor is expected to drive the growth of the market
Market Restraints:
Lack in the availability of raw materials for the production of the product resulting in higher production costs; this factor is expected to restrict the growth of the market
Presence of certain alternatives product offerings; this factor is expected to restrict the growth of the market
Segmentation: Global Activated Carbon Market
By Product
Powdered
Granular
Extruded/Pelletized
Others
Honeycombs
Activated Carbon Fibers
By Raw Material
Coal-Based
Coconut Shell-Based
Wood-Based
Others
Olive Stones
Petroleum Pitch
By Application
Liquid Phase
Gas Phase
By End Use
Water & Wastewater Treatment
Food & Beverage Processing
Industrial Chemicals
Pharmaceutical & Medical
Automotive
Gas & Air Purification
Mining
Others
Personal Care
Gold Metal Catalyst
By Geography
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
U.K.
Belgium
Spain
Russia
Turkey
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
UAE
Saudi Arabia
Egypt
South Africa
Israel
Rest of Middle East and Africa
Key Developments in the Market:
In March 2018, Kuraray Co., Ltd. announced that they had completed the acquisition of Calgon Carbon Corporation, which will operate as a subsidiary of Kuraray Co., Ltd. alongside Kuraray’s Carbon Materials Business Division directly reporting to Functional Materials Company. The acquisition will have a positive complementary effect on Kuraray’s activated carbon and filtration media offerings while improving the environmental and sustainable product divisions of the company globally
In November 2016, Calgon Carbon Corporation announced that they had completed the acquisition of CECA’s activated carbon and filter aid business. This combined enterprise will provide specialised presence and capabilities in the European region for activated carbon and other filtration media. The combined operations will be under the Chemviron brand name and will be integrated into Calgon Carbon’s European based business
Competitive Analysis:
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Global activated carbon market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of activated carbon market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Key Market Competitors:
Few of the major competitors currently working in the global activated carbon market are Osaka Gas Chemicals Co., Ltd.; Cabot Corporation; Kuraray Co., Ltd.; HAYCARB (PVT) LTD.; KUREHA CORPORATION; Donau Carbon GmbH; Silcarbon Aktivkohle GmbH; Prominent Systems, Inc.; OXBOW ACTIVATED CARBON; Advanced Emissions Solutions, Inc.; Albemarle Corporation; Carbon Activated Corporation; Evoqua Water Technologies LLC; Ingevity; CarboTech AC GmbH; Boyce Carbon and OTC among others.
Research Methodology: Global Activated Carbon Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved
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