Asia-Pacific Activated Carbon Market Growing Demand, Supply and Revenue 2020 to 2023

Asia-Pacific Activated Carbon Market - Growth, Trends, And Forecast (2020 - 2023)

The report presents an in-depth assessment of the Asia-Pacific Activated Carbon including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Asia-Pacific Activated Carbon investments from 2020 till 2023.

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The Asia-Pacific Activated Carbon market is highly competitive and consists of a number of major players. Companies, like Albemarle Corporation, Calgon Carbon Corporation, Carbon Activated Corporation, Cabot Corporation, CPL Carbon Link, Haycarb Pvt. Ltd., Jacobi Carbons, Inc., Kurary Co. Ltd., Kureha Corporation, Osaka Gas Chemicals Co. Ltd, Veolia Water Technologies among others.

The Asia-Pacific activated carbon market was valued at USD 1,214.08 million in 2017, and is projected to record a CAGR of approximately 7% by 2023. China is projected to continue dominating the market during the forecast period (2018 - 2023), followed by Japan and South Korea. Increasing government regulations and concerns related to environment pollution are driving the demand for activated carbon in the region.

Increasing Environmental Concerns Driving the Market

In Asia-Pacific, mercury emissions are increasing, primarily, owing to rising power generation in developing nations, such as China and India. Coal is the major source of electricity in these countries, which, in turn, is boosting the demand for activated carbon to curb the mercury emissions. Besides this, the rising environmental regulations, due to increasing emissions from automotive industries and rising industrial need for water treatment, the demand for activated carbon has been increasing in the region.

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Key Market Trends:

Powered Activated Carbon serves as a Major Product Type

Among various product types, powered activated carbon is the most widely used form, which accounts for nearly 50% of the total activated carbon usage. A majority of powdered activated carbon is used for water treatment applications. The demand for activated carbon is also increasing from the petrochemical industry to substitute conventional treatment techniques, such as activated sludge, which is usually affected by the presence of recalcitrant organic compounds in the process. Furthermore, activated carbon also finds application in air purification, chemical purification & catalysts, food and beverages, pharmaceuticals, and energy storage.

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The key insights of the Activated Carbon Market report:  
The report provides key statistics on the market status of the Activated Carbon market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The Activated Carbon market report presents the company profile, product specifications, capacity, production value, and 2015-2020 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2020-2023 market development trends of Activated Carbon Market.
Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out
The report makes some important proposals for a new project of Activated Carbon Industry before evaluating its feasibility.

Finally, Activated Carbon Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Activated Carbon industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.

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