Global Pelletized Activated Carbon Market to Register Stable Expansion During 2016-2026
Pelletized Activated Carbon Market – Drivers and Restraints
The global pelletized activated carbon market is projected to grow at a significant CAGR as the demand of the pelletized activated carbon is increasing due to rapidly rising industrialization worldwide. The growing concern about the removal of mercury emission from various end-use industries such as cement kilns, coal fired generators, waste incinerators, steel mills, industrial boilers as well as favorable regulations in Europe and U.S. such as “Clean Air Mercury Rule” from EPA for lowering mercury emissions are the major drivers of the global pelletized activated carbon market. The government subsidies to safeguard the environment also boost the demand of the pelletized activated carbon and drives the growth of the global pelletized activated carbon market.
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However, the restraint such as shortage of the raw material from coconut shell charcoal may hamper the growth of the global pelletized activated carbon market.
Pelletized Activated Carbon Market – Segmentation
The global pelletized activated carbon market is segmented on the basis of raw material, applications and end user.
On the basis of raw material, the global pelletized activated carbon market is segmented as follows:
On the basis of applications, the global pelletized activated carbon market is segmented as follows:
Air purification and treatment
On the basis of end use, the global pelletized activated carbon market is segmented as follows:
Food and beverages industry
Pharmaceutical and medical industry
Pelletized Activated Carbon Market – Region Wise Outlook
The global pelletized activated carbon market is segmented into the seven regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). The APEJ is dominating the global pelletized activated carbon market in terms of value as the demand of the pelletized activated carbon is high due to rising industrialization. The North America and Western Europe also contribute the significant share to the global pelletized activated carbon market in terms of revenue, followed by APEJ due to the strict regulations about the emission of various gases and mercury from various industries. Japan is expected to register a significant growth in the global pelletized activated carbon market. MEA and Latin America are at a nascent stage in the global pelletized activated carbon market and expected to register a moderate market growth in the global pelletized activated market.
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Pelletized Activated Carbon Market – Key Players
The key players of the global pelletized activated carbon market are as follows:
Calgon Carbon Corporation
Ada Carbon Solutions LLC.
Siemens Water Technologies Corp
Carbon activated Corporation
Carbon resources LLC.
Carbotech AC GmbH
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