Activated Carbon Market Share , Size , Analysis , Growth , Trends and Forecasts , 2014 to 2020 | Hexa Research
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Activated Carbon Market Share , Size , Analysis , Growth , Trends and Forecasts , 2014 to 2020 | Hexa Research
" Global activated carbon market is expected to experience considerable growth over the forecast period owing to increasing application in major end-use industries ."
Global Activated Carbon Market size is likely to be valued at USD 5.3 billion by 2020 ; as per a new research report by HexaResearch . Increase in commercial & residential waste water treatment demand owing to escalation in water prices is anticipated to drive the growth . Growth in air filtration demand owing to rapid industrialization n countries such as China , Russia , India , Brazil and Mexico is likely to positively influence overall growth .
Favorable regulations such as “ Clean Air Mercury Rule ” from EPA for lowering mercury emissions from coal - power fired industries are likely to support activated carbon market demand . Tight raw material supply situation of coal , wood pulp and coconut shell is likely to affect overall industry profitability . Powdered activated carbon ( PAC ) dominated the product segment and accounted for over 56 % of the total volume in 2013 . Increasing application scope in cement industry , municipal treatment , groundwater remediation and beverage industry is likely to drive its growth . GAC ( granular activated carbon ) is anticipated to witness gains at an estimated CAGR of 11 % from 2014 to 2020 .
Browse Details of Report @ http :// www . hexaresearch . com / research-report / activated-carbon-industry /
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