Wood Activated Carbon Market Growth Drivers, Regional Outlook and Forecast to 2024 | Haycarb., D&R Corporation, Jacobi Carbons, Ingevity, Kalpaka Chemicals
The wood activated carbon market is estimated to procure steady growth driven by the product’s noteworthy application in water purification activities. Ground water levels across the globe are decreasing at a considerable rate, causing an acute shortage of potable water around many countries. Meanwhile, industries are continuing to discharge waste-water into water bodies. These factors have led to the development of water treatment plants, driving the demand for wood activated carbon.Several wood activated carbon manufacturers are focusing on developing new solutions specific to water treatment plants. For example, in 2018, leading specialty chemicals and carbon materials producer, Ingevity publicized the benefits of its powdered wood based activated carbon, AquaNuchar carbon, as it is used for water purification in a short time, using less carbon, helping make municipal city water safe.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2260
Wood based activated carbon also find application in air purification systems owing to its ability to trap volatile organic compounds, gases and small particles. Strict government norms regarding maintenance of air quality levels and lowering industrial gas emissions could have a positive impact on industry outlook. A research report by Global Market Insights, Inc., estimates that the wood activated carbon market is likely to exceed USD 500 million by 2024.
In terms of product, the powdered wood activated carbon segment is projected to gain over 60% of the total market share. This growth can be credited to the cost-effective nature of wood activated carbon powder and its enhanced performance in purification process.
The fluid adsorption application segment is anticipated to hold around one third of the global wood activated carbon industry share over the forecast period owing to the product’s ability to adsorb a variety of fluids. Meanwhile, the purification application segment is estimated to rise significantly given to the extensive use wood activated carbon in the food processing sector.
Growth drivers of wood activated carbon market are
• Growth in water treatment industry
• Supportive regulations related to the clean and healthy air
Based on end-use, the market for wood activated carbon is bifurcated into food & beverages, water treatment, air treatment and pharmaceutical industries. Estimates suggest that the water treatment end-use segment is expected to record revenues over USD 180 million by 2024.
Request for customization @ https://www.gminsights.com/roc/2260
While on the regional scale, Asia Pacific is considered to be the largest market avenue for wood activated carbon. Flourishing manufacturing sector have driven the construction of water treatment plants in the region.
The global wood activated carbon market comprises of companies such as Kuraray, Chemtex Speciality, Zhejiang Xingda Activated Carbon, Osaka Gas Chemicals Company, Ingevity, D&R Corporation and Haycarb, among others. These firms are focusing on various business strategies such as mergers and acquisitions, new product development and collaborations. In 2018, Kuraray announced the acquisition of Calgon Carbon Corporation to develop and expand its activated carbon business.
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
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wood Activated Carbon Market Growth Drivers, Regional Outlook and Forecast to 2024 | Haycarb., D&R Corporation, Jacobi Carbons, Ingevity, Kalpaka Chemicals here
News-ID: 2287544 • Views: …
More Releases from global market insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for Carbon
Carbon Black Market Scenario & Industry Applications 2020-2025 | Phillips Carbon …
The global carbon black market size is projected to surpass USD 18 billion by 2025. Carbon black act as a reinforcement material for tires and rubber, and possess electrical conductive properties. Carbon black provide pigmentation, conductivity, and UV protection for a number of coating applications along with toners and printing inks for specific color requirements. Its multiple application across various end product along with rising economic outlook has significantly enhanced…
Global Carbon-Carbon Composite Market 2020-2026 SGL Carbon, Toyo Tanso, Tokai Ca …
Global Carbon-Carbon Composite Market 2020-2026 analysis Report offers a comprehensive analysis of the market. It will therefore via depth Qualitative insights, Historical standing and verifiable projections regarding market size. The projections featured inside the report square measure derived victimisation verified analysis methodologies and assumptions. Report provides a progressive summary of the Carbon-Carbon Composite business 2020 together with definitions, classifications, Carbon-Carbon Composite market research, a decent vary of applications and Carbon-Carbon…
Global Carbon Black Market to 2026| Cabot, Orion Engineered Carbons, Birla Carbo …
Albany, NY, 10th January : Recent research and the current scenario as well as future market potential of "Carbon Black Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" globally.
Carbon Black Market - Overview
Carbon black (CB) is manufactured through partial combustion of heavy hydrocarbons under controlled temperature and pressure to obtain fine particles and aggregates having a wide range of structure and surface properties. This…
Carbon-Carbon Composite 2018 Global Industry Key Companies – SGL Carbon , Tok …
World Carbon-Carbon Composite Market
Executive Summary
Carbon-Carbon Composite market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles…
Global Carbon Carbon Composite Material Market Analysis 2025 | OptMed, SGL Carbo …
ResearchMoz presents professional and in-depth study of "Global Carbon Carbon Composite Material Market Insights, Forecast to 2025"
This report researches the worldwide Carbon Carbon Composite Material market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Carbon Carbon Composite Material breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth…
Global Carbon Fiber Market 2018 - Cytec Industries, Zoltek, SGL Carbon, Carbon F …
The Global Carbon Fiber Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Carbon Fiber industry.
Firstly, Carbon Fiber Market report provides a basic overview of the Carbon Fiber industry including definitions, classifications, applications and Carbon Fiber industry chain structure. Global Carbon Fiber Market analysis is provided for the international market including development history, Carbon Fiber industry competitive landscape analysis, and major regions…