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Activated Carbon Market Trends, Size, Forecast 2020

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Saniya Franknraf
Activated Carbon Market Trends, Size, Forecast 2020

The latest report published by the Frank N Raf Market Research is defined that the  Report Contains Activated Carbon Market Size By Application (Liquid Phase, Gas Phase), By Product (Granular Activated Carbon (GAC), Powdered Activated Carbon (PAC)), By End-use (Food & Beverages, Water Treatment, Air Purification , Pharmaceutical & Medical, Automotive) Competitive Analysis & Forecast, 2012 – 2020 Industry Overview The Global activated carbon market research report is a complete, detailed and professional study on the size is expected to reach 2.96 million tons by 2020, growing at a CAGR of 11.7% from 2014 to 2020.

The report covers forecast and analysis for the Activated carbon price grew steadily up to 2012, while seeing high growth in 2013, set to continue over the forecast period. Air filtration revenue in 2010 was over USD 6,300 million and reached over USD 7,000 million in 2013. Fast-growing industries in emerging markets such as China, India, Mexico, Brazil, South East Asia, and Russia have compelled several industrial plants to incorporate their own water treatment facilities. For the past decade, China reported a surge in industrialization and urbanization. This led to a direct increase in the volume of treated wastewater

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Standards mandating companies to adopt environment friendly and efficient water disposal techniques are presumed to further aid demand. Air purification accounted for more than 35% of the total volume in 2013 and is likely to gain significant growth rates of over 13% up to 2020. Growing demand from both domestic and commercial applications can be attributed to rising demand for air-conditioners and air-filters.

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Also, the report explains the worldwide opportunities available for the Competitive Market Share The global activated carbon market share is highly concentrated and the top three business players accounted for over 70% of the total revenue in 2013. Calgon Carbon Corporation dominated the industry accounted for over 25% of the total demand. 

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