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Real Estate News Releases
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(EstateNewsWire.com, October 16, 2019 ) Market Overview
• Almost any carbon-containing material can be used to produce activated carbon. In practice, economics and target product properties are the determining factors in the selection of raw materials.
• Activated carbon black market is segmented by raw material, type, end-user, and geography. By raw material, the market is segmented into coal, sawdust, coconut shell, and others. By type, the market is further segmented into powdered activated carbon, granular activated carbon, and others. whereas by geography the market is divided into North America, South America, Europe, Asia Pacific and Rest of the World.
• Activated carbon products are also used as colorants, carriers or catalysts in industrial processes, and the pore size distribution is highly important in most applications. Activated carbon is used to remove contaminants and other impurities from products such as water, air, food, beverages, and pharmaceutical products.
• The increasing concern for the environment, human health, and the growing population needing access to better water, food and beverages and medicines, drives the demand for purification and hence activated carbon market.
Market Dynamics
• Activated carbon will be helping energy companies to meet the reduced emission standard for mercury. Currently, the existing market players are working on the fourth generation of products, which remove mercury from flue gas even more efficiently.
• Laws and regulations for petrol emissions from cars are also being tightened, which requires new products to adsorb petrol fumes. For biogas, the company has developed a product to remove hydrogen sulphide and other contaminants enabling the methane to be used to power turbines without adverse effects.
• Also, factors that are shaping the activated carbon market pertaining to the water treatment application are population growth, aging infrastructure, need for water quality improvements in many parts of the world, poor availability of water resources.
Market Segmentation
• Based on type, activated carbon market is classified into powdered activated carbon, granular activated carbon, and others.
• Powdered activated carbon are small activated carbon particles, with a size that is predominantly less than 0.075mm, produced by milling or pulverizing activated carbon.
• Applications of this type of activated carbon are to treat small batches, partial treatment is desired like in hydrolyzed vegetable protein purification. In applications with high flow rates and low carbon dosage to avoid capital expense. For seasonal applications like taste and odor control in drinking water.
• Based on End-user, activated carbon market is classified into water treatment, pharmaceutical, automotive, personal care and others. Currently, water treatment is the dominant segment and it accounts for approximately XX% of the market.
• Granular Activated Carbon can be used in rapid gravity filters, Slow Sand Sandwich filters and mobile and fixed pressure rated absorbers. Currently, granular activated carbon is the standard for the treatment of surface sourced drinking water and contaminated groundwater in Europe.
• The Indian government has set a target of providing clean drinking water to nearly 1.9 billion households by 2024.
• Major factors driving the market studied are conformance to stringent environmental regulations in water treatment applications in the United States and augmenting prominence for air pollution control especially mercury removal.
Geographical Share
• The Asia Pacific activated carbon market size was worth USD XX million in 2018 and is estimated to reach USD XX million by 2026, at a CAGR of XX% during the forecast period. Asia Pacific is expected to grow with high CAGR during the forecast period Coal is the major source of electricity in the Asia Pacific countries, which in turn is boosting the demand for activated carbon to curb the mercury emissions.
• Among all the regions, Asia Pacific emerged as the leading market owing to the rapid industrialization along with the initiation of various stringent regulations to address the rising environmental concerns, or legislation is expected to benefit the regional market growth in this region.
• Besides, In Asia-Pacific, mercury emissions are increasing, primarily, owing to rising power generation in developing nations, such as China and India.
Competitive Landscape
• Some of the major players include Osaka Gas Chemicals Co. Ltd, Kuraray Co. Ltd, Cabot Corporation, Jacobi Carbons Group, Haycarb PLC, Kureha Corporation, Donau Carbon GmbH, CarboTech AC GmbH, Silcarbon Aktivkohle GmbH, Asbury Carbons.
• Recent developments in the activated carbon industry include in 2018 Kuraray Co., Ltd. has acquired Calgon Carbon Corporation (“Calgon Carbon”). In 2012 The Dutch company, Norit, was acquired by the American company Cabot Corporation, a global specialty chemicals and performance materials company.
• Companies that are early to respond and take steps to exploit the market opportunities associated with these waters related challenges are more likely to gain a competitive advantage and achieve commercial success.
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Source: EmailWire.Com 
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