Infinium Global Research Activated Carbon Market | Page 4

Activated Carbon Market: Global Industry Analysis, Trends, Market Size and Forecasts up to
2023
Activated carbon, also referred to as activated charcoal, is used as colorants, and catalysts in
industrial processes. Activated carbon is processed to create millions of pores between
carbon items which in turn increase the surface area. The increased surface area helps in
absorbing impurities from gas, vapors and liquids. Owing to its usefulness in industrial
processes the demand for activated carbon has surged over the past few years. The global
activated carbon market is expected to be primarily driven by factors such as check over
mercury emissions for pollution control leading the demand for activated carbon, stringent
regulations on water purification to escalate demand for activated carbon and research and
new product development. However, the growth in global activated carbon market is likely
to be restrained by factors such as scarcity of raw materials causing price hikes of activated
carbon in Asia-Pacific.
Segments Covered
The report on global activated carbon market covers segments such as type and application.
On the basis of type the global activated carbon market categorized into powdered activated
carbon, granular activated carbon, others. On the basis of application the global activated
carbon market categorized into liquid phase, gaseous phase.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe,
Asia-Pacific, and Rest of the World. In this section the key trends and market size for each
geography is provided over the period of 2015 – 2023. The regions covered in the report
include North America, Europe, Asia-Pacific, and Rest of the World. North America region
covers the country markets such as U.S., Canada, and Mexico. Furthermore, Europe includes
the country markets such as Germany, U.K., France, Spain, and Rest of Europe. The Asia-
Pacific region covers the analysis of countries such as China, Japan, India, Australia, New
Zealand, and Rest of APAC. Among the geographies Asia-Pacific is expected to be the largest
market for activated carbon market over the Forecast period 2015 to 2023. Furthermore,
Asia-Pacific is expected to grow at the highest CAGR over the forecast period.
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