Global Activated Carbon Market to 2014 to 2020 - Industry Applications

The global market for activated carbon is expected to reach USD 5,305.0 million by 2020, according to a new study by Grand View Research, Inc. Increasing activated carbon applications for mercury removal in coal-fired power plants, coupled with MATS regulatory standards set by the EPA and similar regulations by REACH is expected to drive activated carbon demand over the next six years. Fluctuating coal prices have been a key challenge for market participants, spurring the use of coconut-shell charcoal and wood as substitute raw materials to main profitability and supply. In terms of volume, the market was estimated at 1,254 kilo tons in 2012 and is expected to grow at a CAGR of 11.7% from 2014 to 2020.

Powdered activated carbon (PAC) dominated the global market in 2012, accounting for over 54% of total volumes in 2012. PAC outlook is expected to be strong over the next six years, due to growing demand from drinking water treatment and mercury removal applications. The market for granular activated carbon (GAC) is estimated to reach USD 1,932.4 million by 2020, growing at a CAGR of 12.6% from 2014 to 2020.

The report “Activated Carbon Market Analysis and Segment Forecasts to 2020,” is available now to Grand View Research customers

and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/activated-carbon-market

Further key findings from the study suggest:

• Global activated carbon market demand was estimated at USD 2,006.6 million in 2012 and is expected to grow at a CAGR of 13.3% from 2014 to 2020.

• Liquid phase applications dominated the global market in 2012, accounting for over 55% of total activated carbon demand. However, demand from gas phase applications is expected to grow at a CAGR of 12.8% from 2014 to 2020.

• Water treatment and air purification industries dominated the global market, together accounting for over 77% of activated carbon volumes in 2012. Air purification activated carbon market revenue is...