Infinium Global Research Activated Carbon Market | Page 2

Study on Activated Carbon Market by Infinium Global research is comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints and opportunities in the Global market. The report also deep dives into the sub-segments of Activated Carbon Market by type (Powdered Activated Carbon, Granular Activated Carbon), application (Liquid Phase, Gaseous Phase) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW. Browse through over 100 tables and figures to get complete view of the global and regional markets of Activated Carbon over the period of 2017 to 2023.According to report the global activated carbon market is expected to grow at a CAGR between 8.5% and 9.5% over the forecast period of 2017 – 2023. The activated carbon market was valued at USD 4.7 billion in 2015. Market Insights: The report identified that global activated carbon is 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, and research and new product development. While the restraining factors include scarcity of raw materials causing price hikes of activated carbon in Asia-Pacific. Further, the report identifies the opportunities in the world market as reactivated carbon: an opportunity for activated carbon producers to maximize profits, and weak economic conditions lowered industrial growth eventually impacting activated carbon sales. 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. Click the Below Full Report Link: - https://www.infiniumglobalresearch.com/chemical_material/global_activated_carbon_market