Rapid industrialization growth expected to drive Activated Carbon Market globallyA Chapter by David JonesActivated Carbon Market Share, Size, Analysis, Growth, Trends and Forecasts to 2020 | Hexa ResearchActivated Carbon Market is
estimated to reach up to USD 5,255.0 million till 2020 globally. In 2012,
powdered activated carbon dominated the market globally with contribution for
over 53% of total volumes.According to the Research study by Hexa Research,
This market is likely to boom in upcoming years with rising demand of mercury
removal applications and drinking water treatment. Activated carbon market is
majorly dominated by Asia Pacific region. Granular activated carbon industry is
expected to reach USD 1,933.4 million till 2020 with the growing CAGR of 14.2%
from 2015 to 2020.In 2012 air purification and water treatment industries
dominated entire market accounting for around 76% of activated carbon volumes.
By 2020, Air purification market
for Activated Carbon is estimated to reach around USD 2,245.2 million with CAGR
over 15% from 2015-2020. Market revenues are estimated to reach around USD
2,095.0 million by 2020 with growing CAGR at 14.2% from 2014 to 2020.Rapid
industrialization growth is expected to drive Activated carbon market globally.
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Details of Report @ http://www.hexaresearch.com/research-report/activated-carbon-industry/ Activated carbon which is basically used for liquid, vapor and gas treatment, is also effective is removing chlorine to make water consumable.GAC market is likely to experience considerable growth in next six years. With increasing environmental concerns for reduction of emission of acid gases, mercury from coal plants is the main factor for growth of the market over forecast period. Few US environmental protection agencies have set the standards for air toxicity and mercury.
Manufacturers have upgraded their coal plants
according to the system of injecting activated carbon in flues gases to remove
mercury Activated carbon is the major absorbent occupying more than 64% of
volume market share owing its high absorbent capacity and large surface area.
Major players of global activated carbon market are Calgon Carbon Corporation,
MeadWestvaco Corporation, Cabot Corporation, Haycarb PLC and Carbon Resources
LLC.
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Reports @ https://www.hexaresearch.com/research-category/specialty-and-fine-chemicals-industry
About Us: Hexa
Research is a market research and consulting organization, offering industry
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industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives. © 2017 David Jones |
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Added on August 28, 2017 Last Updated on August 28, 2017 Tags: Activated Carbon Market, Activated Carbon Industry AuthorDavid Jonescalifornia, CAAboutResearch Analyst At Hexa Research Which Provides Research Content For All Types Of Domains do check my Articles more..Writing
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