Press release
Global Activated Carbon Market key players are: Siemens, Carbotech, Haycarb PLC, MeadWestvaco, Kureha, Jacobi, ADA-ES, Calgon, Cabot Corporation
Global Market Insights, Inc.
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Polymer coated, extruded, impregnated and bead activated are the most widely used products. Activated carbon remove pollutant molecules by adsorption process without affecting minerals, dissolved inorganic compounds and salts. Carbon filtering is also used for air purifiers and industrial gas processing such as siloxanes and hydrogen sulfide removal from biogas.
Increasing demand for product in diverse applications, including respirator masks, sugarcane purification, cigarette filters and recovery of precious metals, especially gold will drive product penetration. Surge in demand of filters for municipal water treatment facilities for recycling will also stimulate activated carbon market size.
Stringent government regulations regarding mercury emissions from coal fired power plants will propel product demand over forecast period. Industrial norms around restoring and protecting the environment will also drive product penetration. Demand for regenerated carbon is likely to surge in metropolises and industrial sectors, as manufacturers look to comply with pollutant ceiling legislation. Increasing adoption of the product in automotive industry will further add to activated carbon market growth. Surge in production and application of activated carbon canisters in automobiles to reduce pollutant emissions and improve engine performance will augment market size.
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North America product demand is driven by rising health concerns and stringent environment regulations. U.S. followed by Canada and Mexico are anticipated to be the key consumers positively impacting the regional demand. Mercury and Air Toxics Standards (MATS) set forth by the United States Environmental Protection Agency as part of the Clean Air Act on the amount of emission of mercury and other toxins from these power plants will support product penetration over the forecast period.
Global activated carbon industry is highly competitive owing to presence of a large number of market participants. Rising demand for product coupled with huge application potential has attracted various small manufacturers in market. The market is majorly dominated by few multinational players as a result the majority of the share accounts for these large players.
Major industry participants are Carbotech, Haycarb PLC, MeadWestvaco Corporation, Siemens Water Technologies Corp, Kureha Corporation, Jacobi, ADA-ES, Clarinex Group, Calgon, Carbon Resources, Cabot Corporation Kuraray and Carbon Activated.
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.
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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: https://www.gminsights.com
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