The future demand for Activated Carbon has been associated with the gas phase end-use industries that account for approximately 30 percent of the total consumption share. The activated carbon industry is projected to grow at a CAGR of 8.2 percent reaching 2.5-5 MMT by 2021. The liquid phase end-use industry, on the other hand, is expected to grow at a CAGR of about 8-20 percent. The factors that have fuelled growth in the activated carbon market are regulatory actions across the major economies, increasing emphasis on water treatment and the strong global economic growth across all sectors. Though activated carbon in water treatment is expected to dominate the demand, Activated carbon in industrial air purification can also be expected to witness rapid growth in the next two years. Activated carbon's use in relatively smaller markets, such as pharmaceutical processing, could also witness accelerated gains. China is the largest exporter for Activated carbon while the U.S. is the biggest importer.
Coconut shell-based activated carbon is most prevalent in APAC regions. It is expected to grow at a CAGR of 12 percent by 2020. The report also examines the cost model for Coconut Shell Activated Carbon (CSAC) and its key price drivers. An extensive global supplier analysis of activated carbon manufacturers such as Kuraray, Oxbow, HeyCarb etc. has also been shared in the report.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Activated Carbon covers the following
Market Growth: The global AC market was valued at approx. 1.65 MMT in 2017, and it is set to grow at a CAGR of 8.4 percent to reach 2.5–3 MMT by 2021
Growth Drivers: Regulatory actions across the major economies, increasing emphasis on water treatment, fuelled by the strong global economic growth across all sectors, are escalating the demand for AC
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Barriers to New Entrants
Intensity of Rivalry
Threat of Substitutes
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