Activated Carbon Market Size Is Predicted to See Lucrative Gains Over 2019-2025, Europe Dominated the Regional Landscape
Category: #business  By Ashwin Naphade  Date: 2019-08-14
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Activated Carbon Market Size Is Predicted to See Lucrative Gains Over 2019-2025, Europe Dominated the Regional Landscape

European market also plays a key role in the overall activated carbon market. Increasing demand for powdered activated carbon for decolonization and deodorization operations in pharmaceutical industry is expected to drive demand over forecast period. Stringent government regulations coupled with increasing demand to regulate water pollution and wastewater from municipal and industrial sources will augment market size in the region over forecast period. Rising concern about mercury emission from various end-use industries such as coal fired generators, waste incinerators, cement kilns, steel mills and industrial boilers in the region will promote product demand.

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Increasing demand for product in diverse applications, including respirator masks, sugarcane purification, cigarette filters and recovery of precious metals, especially gold will drive product penetration. Surge in demand of filters for municipal water treatment facilities for recycling will also stimulate activated carbon market size.

Stringent government regulations regarding mercury emissions from coal fired power plants will propel product demand over forecast period. Industrial norms around restoring and protecting the environment will also drive product penetration. Demand for regenerated carbon is likely to surge in metropolises and industrial sectors, as manufacturers look to comply with pollutant ceiling legislation. Increasing adoption of the product in automotive industry will further add to activated carbon market growth. Surge in production and application of activated carbon canisters in automobiles to reduce pollutant emissions and improve engine performance will augment market size.

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Major Activated Carbon Market participants are Carbotech, Haycarb PLC, MeadWestvaco Corporation, Siemens Water Technologies Corp, Kureha Corporation, Jacobi, ADA-ES, Clarinex Group, Calgon, Carbon Resources, Cabot Corporation Kuraray and Carbon Activated.

Methodology used in Activated Carbon Market Report –

Our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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