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Global Wood Activated Carbon Market Leading Players Analysis, Market trend and Forecast Up To 2024
Wood Activated Carbon Market
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Wood Activated Carbon Market Size will surpass USD 500 million by 2024; according to a new research report by Global Market Insights, Inc. The changes in regulatory norms regarding the control of harmful gas emission is the key factor for industry growth in forecast timeframe. Nearly 80% of mercury and other harmful gas emission comes from the manufacturing units, mines, and other thermal power plants and almost all regional governments are cracking down on this issue.
Increasing pressure from the government for maintaining the air quality and reducing the mercury level will spur the wood activated carbon market demand in the near future. This is due to the superior features which include low cost, ease of availability, extreme purity, and high filtration strength. As compared to other regions, Asia Pacific led by China and India, and Europe are on the top of the list for significant product consumption owing to presence of myriad manufacturing units.
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Wood activated carbon market applications are segmented based on product usage which include fluid adsorption, decolorization, purification, and others. Other applications comprise deodorizing, solvent recycling, etc. Among these, fluid adsorption and purification will have a combined share of over 55% in this segment in 2024.
The major end-user segments include air treatment, water treatment, food & beverage, and pharmaceutical. Minor industries include automotive, chemical, gold mining, etc. and have been considered in the others segment. In terms of revenue, water treatment is likely to generate more than USD 200 million in 2024. This is due to the excessive usage of the product in water treatment plants owing to the superior intrinsic properties.
Some of major chapters from Table of Contents:
Chapter 2. Executive Summary
2.1. Wood activated carbon industry 360° synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. End-user by application trends
2.1.4. Application trends
2.1.5. Regional trends
Browse Complete Table of Contents @
https://www.gminsights.com/toc/detail/wood-activated-carbon-market
Chapter 3. Wood Activated Carbon Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.3.3. Profit margin analysis
3.3.4. Value addition at each stage
3.4. Raw material analysis
3.5. Industry impact forces
3.5.1. Growth drivers
3.5.1.1. Growth in water treatment industry
3.5.1.2. Supportive regulations related to the clean and healthy air
3.5.2. Industry pitfalls & challenges
3.5.2.1. Availability of substitute product
3.5.2.2. Stringent government regulation regarding the deforestation
3.6. Growth potential analysis
3.7. Porter’s analysis
3.8. Technology trends
3.9. Regulatory trends
3.10. Company market share analysis, 2016
3.10.1. Strategic landscape
3.11. PESTEL analysis
3.12. Pricing analysis
3.12.1. Regional pricing
3.12.2. Cost structure analysis
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https://www.gminsights.com/industry-analysis/wood-activated-carbon-market
Latin America and Asia Pacific’s wood activated carbon market will be a largest with over 45% of the entire industry in coming years. Latin America will account for over USD 30 million growing with a noteworthy CAGR over the forecast period. High production and abundant availability of raw materials in these regions will promote the regional industry growth by 2024, which will positively influence the overall wood activated carbon market growth.
The major producers in the wood activated carbon industry include Kuraray, Haycarb, Ingevity Corporation, Chemtex, D&R Corporation, PT. Rodaniaga Kokoh Nusantara and others.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
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