How to Start A Business With Only Activated Carbon Market

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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