NEW YORK, Sept. 28, 2016 /PRNewswire/ -- Study coverage
World Activated Carbon analyzes the global activated carbon market. It presents historical data (2005, 2010, 2015) plus forecasts (2020, 2025) for activated carbon supply and demand, as well as demand by product type (powdered, granular, and other) and by application (water treatment, mining, food and beverage processing, pharmaceutical and medical, industrial air purification, and motor vehicle) in six regions and 17 countries. The study also assesses market environment factors, examines the industry structure, evaluates company market share and profiles 34 suppliers to the activated carbon market, including ADA Carbon Solutions, Cabot Norit, Calgon Carbon, Ingevity (WestRock), Jacobi Carbons, Kuraray and Osaka Gas.
Coal-fired power plant standards drive growth of activated carbon
Mercury removal regulations at coal-fired power plants will continue to drive growth in industrial air treatment. We expect growth in the US to slow as the Mercury and Air Toxics Standards come into full effect. However, markets in Western Europe and other developed areas will continue to show healthy gains. In Western Europe, regulations related to mercury emissions are still in the process of being implemented, although it is expected that eventually their standards for mercury removal will match or exceed those in place in the US.
Safer drinking water needed in developing countries
According to World Activated Carbon, greater interest and increased investment in safe drinking water will be a major driver of growth in industrializing nations. Limited infrastructure and poorly enforced water treatment standards are leaving plenty of room for gains in many developing countries. High levels of water pollution in some countries, such as India, will also promote demand.
Demand outlook varies by region
Demand for activated carbon -- including powdered, granular, and other types -- will be supported by the continued implementation of environmental regulations in the US, Canada, and Western Europe. In developing countries, efforts to improve drinking water quality, rising manufacturing standards, and increasing motor vehicle ownership rates will also promote higher demand for activated carbon. Freedonia projects that the fastest gains in activated carbon demand are expected in the Asia/Pacific region, where growth will be supported by factors such as increasing populations, rising manufacturing output and stricter manufacturing standards, and greater attention to environmental issues such as air and water quality. China will account for the majority of gains, although India and other markets will also exhibit robust growth. Production of activated carbon in this region is expected to rise at a healthy pace in response to growing regional and global demand.
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