Activated Carbon Market Is Poised To Reach $10.15 Billion By 2024: Grand View Research, Inc.1/29/2018 The global activated carbon market is expected to reach USD 10.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for air & water purification in the coal-fired plants, clinker cement industries is expected to drive the demand for granular and powdered activated carbon.
Activated carbon possesses a high degree of micro porosity and adsorption properties, owing to which it is preferred in air and water purification across various end-use industries. Applications in the removal of mercury, acid gas toxins along with metallic emissions from coal & oil powered plants are expected to fuel industry growth. Rising concerns regarding drinking water safety along with a shift in trend towards adopting healthy lifestyle are anticipated to drive market demand. Increasing environmental pollution due to industrial and vehicular emissions is projected to fuel air purification segment. Water treatment applications include municipal treatment, domestic water filters, and groundwater remediation. Food & beverage industry uses activated carbon to remove odor & color from various products. These carbons are used in pharmaceutical industry to cure poisoning due to toxins ingestions. Various regulations promoting the use of activated carbons in air and water treatments plants are expected to trigger demand over the forecast period. U.S. EPA regulations governing mercury emissions from coal power plants are projected to drive the activated carbon consumption over the next eight years. EU waste water directives regulate water pollution and wastewater from municipal and industrial sources. Full Research Report On Global Activated Carbon Market Analysis: http://www.grandviewresearch.com/industry-analysis/activated-carbon-market Further key findings from the report suggest:
http://www.grandviewresearch.com/industry/water-and-industrial-sludge-treatment Grand View Research has segmented the global activated carbon market on the basis of product, application, end-use and region: Global Activated Carbon Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)
http://www.grandviewresearch.com/press-release/global-activated-carbon-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For more information: www.grandviewresearch.com
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