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Activated Carbon Manufacturing in the US Industry Market Research Report Now Available from IBISWorld
  • USA - English


News provided by

IBISWorld

Dec 12, 2013, 15:00 ET

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Los Angeles, CA (PRWEB) December 12, 2013 -- Used primarily for water treatment and air purification, the Activated Carbon Manufacturing industry continues to benefit from an intensified focus on environmental trends. Activated carbon is processed with oxygen to create pores between carbon atoms, increasing the surface area of the product. This, in turn, allows activated carbon to remove contaminants through adsorption, which is a process that binds contaminants to the surface in the pores of the activated carbon as the liquid or gas passes through.

New emission standards for downstream markets will bolster industry growth.

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A range of downstream sectors rely on activated carbon for the removal of impurities. According to Cabot Corporation, the chemicals production sector especially relies on industry products to achieve precise purity standards. As such, a rise in industrial production is generally correlated with the issuance of additional contaminants and the need for activated carbon products. According to IBISWorld Industry Analyst Stephen Hoopes, “While the industrial production index is only anticipated to grow slightly over the period, the rising price of industry products and a mounting focus on environmental protection have largely offset mundane downstream performance.” Consequently, over the five-year period, industry revenue is expected to increase at an annualized rate of 4.6%, to reach $1.2 billion.

One of the most important changes for the industry over the five-year period was the proposal for new emission standards for power plants and a range of other industrial facilities. Effectively, these downstream markets are required to prevent a larger share of mercury in coal from being released into the air. To comply with this legislation change, power plants can introduce activated carbon injection systems to limit emissions. As these facilities have up to four years to meet these new emission standards, the majority of the regulation's assistance is expected to occur over the next five years; industry revenue is anticipated to increase 9.5% in 2013 alone.

Over the five years to 2018, industry revenue is forecast to increase, largely due to these new emission standards. However, an anticipated increase in the industrial production index is also expected to aid the industry's performance substantially. “Moreover, international emission regulatory standards and demand are similarly anticipated to grow rapidly over the five-year period, causing industry exports to rise by 2018,” says Hoopes.

For more information, visit IBISWorld’s Activated Carbon Manufacturing in the US industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
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IBISWorld industry Report Key Topics

Companies in this industry manufacture activated carbon, which is a form of carbon that has been processed to make it extremely porous and, thus, have a very large surface area available for adsorption or chemical reactions. Activated carbon is produced from carbonaceous source materials, like nutshells, peat, wood, coir, lignite, coal and petroleum pitch and is used for a range of purposes, including gas purification and water purification.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Gavin Smith, IBISWorld, +1 (310) 866-5042, [email protected]

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