Zion Market Research Activated Carbon Market, 2016–2024 | Page 3

Activated Carbon Market
industry . Gas phase application of activated carbon is seen in sectors of industries and automotive . The activated carbon market is diversified into regions such as North America , Asia- Pacific , Europe and Rest of the World .
Global Activated Carbon Market : Growth Factors
There has been a rising demand for activated carbon for water phase and gas phase applications , especially in industrial facilities . There is a rise in demand in the U . S . market for activated carbon . Advancement in technology , growing awareness about health and growing capability of people to obtain medical services are some of the key factors escalating the growth of activated carbon market globally . In addition , growth in the activated carbon market may be witnessed due to the new demand for mercury control technology , mercury , and its derivatives being hazardous in nature . Availability of raw materials may be restricted due to environmental factors , which may cause the hike in prices . This may have a negative influence on the activated carbon market .
Global Activated Carbon Market : Regional Analysis
The Asia Pacific region is the dominating region in the activated carbon market globally . It is followed by North America , Europe and other regions such as Latin America , the Middle East , and Africa . The market hold of activated carbon is very strong in the U . S . Asian countries are one of the chief exporters of activated carbon in the U . S . market . The U . S . is presumed to lead the regional demand ahead of Canada and Mexico . A steady growth is also anticipated in countries such as Japan , China , and India , which are predicted to lead the regional demand in future .