Global Activated Carbon Market Projected to Reach USD 10.73 billion by 2025
Boonton, NJ -- (SBWIRE) -- 10/11/2018 -- Global Activated Carbon Market Analysis
According to Verified Market Intelligence, The Global Activated Carbon Market was valued at USD 5.41 billion in 2017 and is projected to reach USD 10.73 billion by 2025, growing at a CAGR of 9.1% from 2018 to 2025.
What is Activated Carbon?
Activated carbon is an organic compound which is porous in nature and has a function of adsorbing all the impurities. Activated carbon can be classified as granular activated carbon and powdered activated carbon and has its applications in various industries such as food and beverages, waste water treatment and air purification systems. Activated carbon is a trending application designed as an eco-friendly strategy and is supported by the government regulations as well. Rising water treatment industry have boosted the growth of activated carbon market.
Global Activated Carbon Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
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Increasing need to ensure and check air and water quality along with extensive use of activated carbon in food and beverage industry has been driving the global activated carbon market, lately. While stringent rules and regulations imposed by the government for the manufacture and usage of activated carbon acts a potential restraints for the overall market at a global level.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The "Global Activated Carbon Market" is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market. This can be of a great use in gaining knowledge about the cutting-edge technologies in the market.
Global Activated Carbon Market Competitive Landscape
The "Global Activated Carbon Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Osaka Gas Co., Ltd., Cabot Corporation, Kuraray Co., Calgon Carbon, Haycarb, Kureha Corporation, Donau Carbon GMBH, Silcarbon Aktivkohle GMBH, Prominent systems Inc., Oxbow activated carbon LLC . Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
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Global Activated Carbon Market Segmentation, by Type
On the basis of type, Global Activated Carbon market is segmented into:
- Powdered activated carbon
- Granular activated carbon
The powdered activated carbon segment dominated the market in 2017 and is projected to lead the market over the forecast period.
Global Activated Carbon Market Segmentation, by Industry
On the basis of industry, Global Activated Carbon Market is categorized into:
- Water treatment
- Food & beverage
- Pharmaceutical and medical
- Air purification
The water treatment industry accounted for largest market share in the global activated carbon market in the year 2017 and is expected to lead this segment over the forecast period.
Global Activated Carbon Market Segmentation, by Application Method
On the basis of application method, Global Activated Carbon Market is classified into:
- Batch application
- Column application
The batch application segment dominated the market in the year 2017. This trend is expected to continue over the forecast period.
Global Activated Carbon Market Geographic Scope
- North America
o Rest of Europe
- Asia Pacific
o Rest of Asia Pacific
- Latin America
- Rest of the World
Asia Pacific, led by China and India, dominated the market in the year 2017. This region is expected to account for the largest share in the forthcoming years as it is the highest revenue contributor to the market.
Table Of Content
1 Introduction Of The Global Activated Carbon
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global Activated Carbon Outlook
5 The Global Activated Carbon, By Systems
6 The Global Activated Carbon, By Service
7 The Global Activated Carbon, By Verticals
8 The Global Activated Carbon, By Applications
9 The Global Activated Carbon, By Geography
10 The Global Activated Carbon Competitive Landscape
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Activated Carbon market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Activated Carbon market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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