Activated Carbon – Market Trends, Drivers, and Growth Prospects until 2021

Renewable energy

According to Technavio’s latest market research study, the global activated carbon market is expected to grow at a CAGR of close to 11% during the forecast period, 2017-2021.

This report by Technavio provides an in-depth analysis of the global activated carbon market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

Technavio research analysts categorize the market based on the product type

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Global powdered activated carbon: The increased demand for powdered activated carbon is attributable to the wider range of industrial applications and higher adsorption property. Powdered activated carbon mostly find their application in the liquid-phase adsorption technique. After adsorption, they are removed by filtration or sedimentation. Powdered activated carbon is generally used in the batch process as the amount added can be easily regulated.

Powdered activated carbon injection systems use powdered activated carbon in air and water treatment processes because of low maintenance and low operating cost. The demand for powdered activated carbon is likely to increase during the forecast period owing to industrialization in developing countries,” says Ajay Adikari, a lead analyst at Technavio for research on metals and minerals.

Global granular activated carbon: Granular activated carbon is used in both gas and liquid phase applications and in both moving and fixed systems. In gas phase applications, granular activated carbon holds the benefit of having sufficient flow with an acceptable pressure drop through the carbon bed. Additionally, granular activated carbon is almost always renewed and reused. Activated carbon in its granular form is also used in the mining industry as they can absorb metals from a dissolved mixture.

Global activated carbon market by other activated carbon products: The other activated carbon products are extruded activated carbon, pelletized activated carbon, bead activated carbon, and impregnated activated carbon. These are used mainly to increase the effectiveness and efficiency of the activated carbon for specific applications. Industry analysts at Technavio estimate the global activated carbon market by other activated carbon products to account for more than 116 metric tons by 2021.

The top vendors operating in the global activated carbon market are:

  • Cabot
  • Calgon Carbon
  • Kuraray
  • Osaka Gas

Other prominent vendors in the market include ADA Carbon Solutions, Albemarle, Boyce Carbon, Carbon Activated, CarboTech, DESOTEC Activated Carbon, Donau Chemie, and Haycarb.

A more detailed analysis is available in the Technavio report titled, ‘Global Activated Carbon Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.

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