Activated Carbon
Market Overview:
According to the
Centers for Disease Control and Prevention (CDC), 780 million people worldwide
don’t have access to a clean water source. Furthermore, contaminated water
consumption is attributable to the death of 801,000 children under 5 years of
age. This is creating a dire need for water purification in which
activated carbon is prevalently used as an absorbent. The absorption
characteristic of activated carbon makes it useful in a gamut of applications
owing to which the activated carbon market witnessed an impressive valuation
of $3.560 billion as of 2018, and the demand for the same is poised
to escalate at a profitable CAGR of 6.18% during the forecast period 2019-2025.
APAC houses a myriad
of industries, especially in the chemical sector, and the water treatment
industry is booming in the region due to the regulations enforced by the
governments in countries such as China, India, Indonesia, and Malaysia.
Furthermore, the rampant construction in APAC is boosting the metal recovery
market in the region, which utilizes activated
carbon, because it minimizes waste and the usage of chemicals and resins. APAC had the largest activated carbon market
share of 40% in 2018.
Activated Carbon
Market Outlook:
Activated carbon or
activated charcoal comes in various forms that include granular activated
carbon, extruded activated carbon, bead activated carbon (BAC), impregnated
carbon, polymer-coated carbon, and woven carbon. Major applications of
activated carbon is in metal recovery, water treatment, and air treatment.
The key application for the activated carbon market players is in the water treatment industry wherein it is used in the powdered form, and the process is called powdered activated carbon treatment (PACT). Due to growing industrialization and
incorporation of wastewater treatment plants for Zero Liquid Discharge (ZLD)
or discharge of bilge water into the environment, the activate carbon market
will observe more growth prospects. As mentioned above, activated carbon is
also used as absorbent in water purification in order to acquire potable water.
The application of activated carbon in water treatment industry is poised to
witness a gainful CAGR of 8.95% through to 2025.
Activated Carbon
Market Growth Drivers:
· The Application of Activated Carbon
in Air Purification –
According to the World Health Organization
(WHO), 97% cities in the low and middle-income countries with as much as
100,000 residents fail to meet the WHO air-quality criteria, and percentage of
the same in developed countries is 49%. This is leading to
opportunities in the air purification sector as air purifiers are incorporated with
activated carbon which absorbs air-contaminants, thereby improving the quality
of air and bringing the content of particulate matter in the air to an
acceptable level. The application of activated carbon in air purification is
increasing revenues in the activated carbon market.
· The Application of Activated Carbon in
Metal Recovery –
Carrboro is a form of activated carbon which
is used in the recovery of some precious metals such as silver and gold. When
gold is dissolved in the cyanide solution, the solution passes through
activated carbon, and the gold is trapped in the micro-pores of activated
carbon. Similar process is executed for silver recovery. The application of
activate carbon in recovery of precious metals largely supports the activated
carbon market.
Activated
Carbon Market Trends –
· In November 2018, Advanced
Emissions Solutions, Inc. acquired ADA Carbon Solutions, LLC – a company that
has leadership in North America activated carbon market.
· In March 2018, Kuraray
Co. Ltd. acquired Calgon Carbon Corporation and gained a prominent global
presence in the activated carbon market.
The current situation water and air pollution
across the globe is making companies venture into the activated carbon market,
and acquisitions have become a trend. The upcoming years will witness more
companies striving to expand their customer base, and therefore, there is a
possibilities of more acquisitions.
Activated
Carbon Market Key Players Perspective –
The major players
ahead of the curve in the activated carbon market are Haycarb PLC, Kureha
Corporation, Advanced Emissions Solutions, Inc., Carbon Activated Corporation,
Jacobi Carbons AB, MeadWestvaco Corporation, Carbon Resources LLC, Clarinex
Group, Cabot Corporation, and Kuraray Co. Ltd.
Activated Carbon
Market Research Scope:
The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the activated carbon market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The activated carbon market research report also analyses the application of activated carbon in water treatment and other applications.
1.1 Definitions and Scope
2. Activated Carbon Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Activated Carbon Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Activated Carbon Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Activated Carbon Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Activated Carbon Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Activated Carbon Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Activated Carbon Market - By Product Type (Market Size -$Million / $Billion)
8.1 Powdered activated carbons (PAC)
8.2 Granular activated carbons (GAC)
8.3 Extruded or Pelletized activated carbons
9. Activated Carbon Market - By Application (Market Size -$Million / $Billion)
9.2 Water Purification
9.3 Metal Extraction
9.4 Medicine
10. Activated Carbon - By End-user Industry Type(Market Size -$Million / $Billion)
10.1 Water Treatment
10.2 Food & Beverage
10.3 Healthcare
10.5 Industrial Processing
10.6 Others
11. Activated Carbon- By Geography (Market Size -$Million / $Billion)
11.1 Activated Carbon Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Activated Carbon- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Activated Carbon- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Activated Carbon - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Activated Carbon - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Activated Carbon Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Activated Carbon Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at a global level - Top 10 companies
13.1.6 Best Practises for companies
14. Activated Carbon Market - Key Company List by Country Premium
15. Activated Carbon Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Ada Carbon Solution Llc
15.3 Albemarle Corporation
15.4 Cabot Corporation
15.5 Calgon Carbon Corporation
15.6 Carbon Activated Corporation
15.7 Carbusa Llc
15.8 Donau Chemie Ag
15.9 Evoqua Water Technology Llc
15.10 Ingevity
15.11 Jacobi Carbon Inc
15.12 Kuraray Co. Ltd
15.13 Kureha Corporation
15.14 Oxbow Activated Carbon
15.15 Prominent System Inc
15.16 Veolia Water Technology
15.17 Company 16
15.18 Company 17 & More
16.1 Abbreviations
16.2 Sources
17. Activated Carbon Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends