Chemical analysts at IndustryARC have recently compiled a thorough market report on activated carbon market that extensively cover details about the applications of products and end-user industries of the market. According to the analysis, the activated carbon market growth is expected to witness comparatively moderate growth with a CAGR of 6.18% during the forecast period 2019-2025. In 2018, owing to high industrial applications, the market registered $3,560 million in revenue.
The report is titled ‘Activated Carbon Market – Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast 2019 – 2024.’ It covers details about the imperative aspects of the market that include market forces that have been responsible for the growth of the market and new industries that are soliciting the usage of this chemical.
Activated Carbon Market: Segmentation And Competitive Landscape
The analyst of the report states, ‘Coal-based power plants remain one of the major sources of flue gas globally. Strict regulations for pollution control across the world is expected to remain one of the key growth drivers for mercury control market in flue gas during the period of study.’ The analyst has done extensive research on key market players holding the majority of shares in the activated carbon market. Key players included in the study are ADA-ES Inc., Haycarb PLC, Kureha Corporation, Calgon Carbon Corporation, Jacobi Carbons AB, MeadWestvaco Corporation, Carbon Activated Corporation, Clarinex Group, Cabot Corporation, Carbon Resources LLC and Kuraray Co. Ltd.
Activated carbon marketplace grow on a wide range of end-user industries such as industrial, medical, and cosmetic applications which have been soliciting its usage for various purposes. Industries are using activated carbon for metal finishing in the electroplating method. Moreover, Medical industry use activated carbon in drugs for curing diarrhea, ingestion, and overdose of oral medicines.
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Activated Carbon Market: Disruptive Trends And Regional Analysis
The cosmetics industry has now started using activated carbon in face packs, face washes, and similar products. This has been a disruptive trend in the activated carbon market and several cosmetic companies have followed the same suit. Ever since its usage in cosmetic products, the activated charcoal market has seen a considerable rise in demand as these products are some of the highest used consumer goods in the world.
APAC is the geographical leader of the global activated carbon market with a regional share of 40% in 2018. Several important factors have contributed towards this development including large-scale production from manufacturing industries of China, and maximum export of consumer goods from China, India, and Japan. Another additional factor is the presence of oil industries in the Middle East which use activated carbon for fuel storage.
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What can you expect from the report?
The Activated Carbon Market is Prepared with the Main Agenda to Cover the following 20 points:
1. Activated Carbon Market Size by Product Categories & Application
2. Activated Carbon Market trends & Relevant Market Data
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End-user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Activated Carbon Market Demand Analysis (Revenue & Volume)
12. Country-level Analysis
13. Competitor Analysis
14. Activated Carbon Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Activated Carbon Market Strategic Analysis
18. Activated Carbon Market Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Activated Carbon Market Revenue and Volume Analysis
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