Specialty & Fine Chemicals Industry Activated Carbon Market Size
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Activated Carbon Market Share, Size, Analysis, Growth, Trends
and Forecasts, 2014 to 2020 | Hexa Research
" Global activated carbon market is expected to
experience considerable growth over the forecast
period owing to increasing application in major end-
use industries."
Global Activated Carbon Market size is likely to be valued at USD 5.3 billion by 2020; as per a new research
report by HexaResearch. Increase in commercial & residential waste water treatment demand owing to
escalation in water prices is anticipated to drive the growth. Growth in air filtration demand owing to rapid
industrialization n countries such as China, Russia, India, Brazil and Mexico is likely to positively influence
overall growth.
Favorable regulations such as “Clean Air Mercury Rule” from EPA for lowering mercury emissions from coal -
power fired industries are likely to support activated carbon market demand. Tight raw material supply
situation of coal, wood pulp and coconut shell is likely to affect overall industry profitability.
Powdered activated carbon (PAC) dominated the product segment and accounted for over 56% of the total
volume in 2013. Increasing application scope in cement industry, municipal treatment, groundwater
remediation and beverage industry is likely to drive its growth. GAC (granular activated carbon) is anticipated to
witness gains at an estimated CAGR of 11% from 2014 to 2020.
Browse Details of Report @ https://www.hexaresearch.com/research-report/activated-carbon-industry
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