Ceskaa Market Research Reported the Industry Analysis and Forecast of the Global Activated Carbon Market
The report informed that the market is expected to grow at a five-year CAGR of 11.3%, to reach $3.7 billion, by 2019.
The global market for activated carbon has been growing at a considerable rate with water treatment; air and gas filtration; food and beverage; pharmaceutical; and automotive end-user industries over the past five-years. The market for activated carbon used in air and gas treatment applications is expected to grow at a faster rate due to tightening government regulations.
The global market for activated carbon totalled $1.9 billion, in 2013, driven primarily by Asia-Pacific and North American region for applications in water treatment and air purification. As per Ceskaa Research, the global market for activated carbon reached $2.1 billion, in 2014, reflecting a YOY growth rate of 10.2% from 2013. Further, the market is expected to grow at a five-year CAGR of 11.3%, to reach $3.7 billion, by 2019. Stricter government regulations across regions for air purification and water treatment will drive the market for powdered and granular activated carbon.
Global Activated Carbon Market Forecast & Opportunities, 2019 discusses following aspects related to the global market for activated carbon:
- Global Activated Carbon Market Size, Share & Forecast;
- Segmental Analysis: By Raw Material, By Type, By Application, By Company;
- Regional Analysis: Asia-Pacific, Americas, Europe;
- Changing Market Trends & Emerging Opportunities;
- Competitive Landscape & Strategic Recommendations.
This report also highlights the major drivers and challenges related to activated carbon and also focus on the market share for major companies.
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