TechNavio recognizes the following companies as the key players in the Global Activated Carbon market: Ada Carbon Solutions LLC, Cabot Corp., Calgon Carbon Corp., and MeadWestvaco Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Activated Carbon market is the Increase in variety of applications. Activated carbon products available in the form of granules, pellets, and powder are sometimes difficult to handle. Therefore, the development and use of activated carbon cloths and fibers have gained popularity. In addition, these activated carbon cloths and fibers have other advantages in terms of cost and potential applications. Several industries are adopting them for use in solvent recovery, catalyzing reactions, point-of-use filters for air and water purification, and metal reinforcing applications. The development of activated carbon fibers, which can adsorb bacteria, has unlocked new opportunities for specialty carbon suppliers in the Pharmaceutical industry.”
According to the report, one of the main factors driving the market is the increase in medical and municipal waste incineration. A rapid increase in the quantity of medical and municipal waste worldwide has resulted in the increased use of activated carbon in municipal waste incineration facilities. Activated carbon is used by waste incineration facilities to adsorb volatile heavy metals and combustion products such as dioxins and furans present in the post combustion areas.
Further, the report states that one of the main challenges is the lack of infrastructure in China. A large part of activated carbon produced in the country comes from several small-scale manufacturers that are plagued by low labor productivity and outdated manufacturing equipment. Most of the activated carbon manufacturers have annual turnover of only hundreds of tons owing to stiff competition and lack of infrastructure in the country.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Albemarle Corp., Arkema S.A., Haycarb PLC, Jacobi Carbons, Kuraray Chemical Co. Ltd., Osaka Gas Chemical Co. Ltd., and Siemens Water Technologies Corp.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-activated-carbon-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report – Global Activated Carbon Market 2012-2016
