Growing Industrial Importance of Adsorption Technologies to Drive the Market for Activated Carbon Worldwide, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Activated Carbon markets. World market for Activated Carbon is projected to reach 1.9 million metric tons by the year 2017. Growth will be driven by growing environmental pollution and the increasing use of activated carbon in purging heavy metal residues in industrial pollutants. Expanding applications in modern medicine and stringent environmental regulations will also drive growth in the upcoming years.

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Activated Carbon: A Global Strategic Business Report

San Jose, California (PRWEB) March 01, 2012

Follow us on LinkedIn – A major fallout of modernization and industrialization and the ensuing increased level of industrial activity, is the rising levels of environmental pollution and concerns over steady deterioration in natural ecosystems. Industrial effluents and wastes predominantly contain toxic heavy metal residues, such as, copper, cadmium, nickel, mercury, lead, chromium, manganese, zinc and aluminium, among others. Against this backdrop, the need to continuously meet production targets while simultaneously extend conformance to increasingly stringent environmental regulations, is throwing the spotlight on activated carbon as an adsorbent material for purification. Steady opportunities for adsorption technologies in several industrial processes are poised to directly benefit the market for activated carbon. With end-uses ranging from removal of dissolved organic contaminants from water, removal of volatile organic compounds from air and gas, to drug detoxification applications in the pharmaceutical industry, it is opportunities galore in the marketplace. Growing population and the acute need for superior waste disposal management will generate demand for activated carbon in hazardous waste incineration and clinical waste incineration applications.

Water treatment is expected to continue as the leading application area for activated carbon, while other uses including emission canisters in motor vehicles, and treatment of flue gas in power plants are expected to foster faster growth in the near future. While developed and mature markets such as United States, Europe, and Japan dominate the world market, future growth will be spearheaded by developing countries in Asia-Pacific and Latin America. Rapid industrialization, strong economic growth, shifting of production bases into low cost Asian countries, rising levels of pollution and increasing international pressure on governments in developing countries to cap their pollution levels, are all factors driving growth in developing countries.

The focus of governments in densely populated countries like China and India on sustainably managing water infrastructure to address challenges raised by water pollution and water scarcity, is fueling the emphasis and investments on advanced water treatment and recycling technology. With governments raising the national standards for drinking water and for discharging effluents and purification/treatment of agricultural/industrial waste water, strong untapped opportunities exists in these markets for the prolific use of activated carbon.

In the coming years, Granular activated carbon (GAC) is expected to grow at a strong pace, mainly driven by its regenerative ability and increased usage of activated carbon filter systems in municipal and residential drinking water purification/treatment. Currently, powdered activated carbon (PAC), which occupies the major share in the overall demand for activated carbon, is the fastest growing between the two activated carbon product segments. Increased application in the pharmaceutical industry is forecast to open up newer avenues for growth. The major application of activated carbon in pharmaceuticals is in the form of an adsorbent required during the manufacturing of drugs. Asia-Pacific region is expected to contribute to majority of the growth in the pharmaceutical applications of activated carbon. China is projected to enhance its share in the global market for activated carbon. The emerging markets, such as Latin America, Africa, Eastern Europe and the Middle East are expected to yield growth exceeding overall global average.

As stated by the new market research report on Activated Carbon, the US and Asia-Pacific dominate the market. Strongest growth is forecast to stem from Asia with the region projected to wax at a CAGR of 9.5% over the analysis period. Powdered Activated Carbon will post the fastest CAGR of approximately 9.0% over the analysis period. By end-use application, use of activated carbon in water treatment and air purification will witness the highest growth in the Liquid Phase and Gas Phase application sectors, respectively.

Major players in the market include CECA Specialty Chemicals, Calgon Carbon Corp., Chemviron Carbon, Clarimex SA de CV, Haycarb Ltd., Kuraray Chemical Co., Ltd., MeadWestvaco Corp., NORIT Americas, Inc., Osaka Gas Chemicals Co., Ltd., Jacobi Carbons, among others.

The research report titled “Activated Carbon: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of end-use application & product overview, market trends, drivers, issues, recent industry activity, and profiles of market players worldwide. Analysis is presented for major geographic markets such as US, Canada, Japan, Europe, Asia-Pacific and Rest of World. Market estimates and projections are provided in terms of Volume (metric tons) for product segments including Powdered Activated Carbon and Granular Activated Carbon. The market is also analyzed by end-use applications such as Liquid Phase Applications (Water Treatment, Food & Beverages, Medical & Pharmaceuticals and Other Liquid Phase Applications) and Gas Phase Applications (Air Purification, Automotive Emission Canister and Other Gas Phase Applications).

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Activated_Carbon_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
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Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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