We have produced a new premium report Activated Carbon Market. The report covers the analysis of global as well as regional markets of Activated Carbon. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. 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. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Activated Carbon Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. 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
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An Opportunity for Activated Carbon Producers to Maximize Profits, and Weak Economic Conditions Lowered Industrial Growth Eventually Impacting Activated Carbon Sales
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.
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.
Asia Pacific is estimated to Command the Largest Share of the Market
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.