Global Market for Activated Carbon to Reach 1.22 Million Metric Tons by 2010, According to a New Report by Global Industry Analysts, Inc.

Driven largely by the growth in developing countries, which are characterized by rising population, and rigid enforcement of environmental standards, world market for activated carbon is projected to reach 1.22 million metric tons by the year 2010. Key Asian markets with lucrative growth opportunities include, among others, China, India, South Korea and Taiwan. Significant growth is also expected from Eastern Europe, Latin America, and Middle East, albeit at relatively lower pace than Asia-Pacific.

San Jose, CA (PRWEB) April 17, 2008 -- Rapid rates of industrialization and urbanization in developing countries have resulted in the increase in the level of water and gaseous pollution in these countries. Some sources of toxic gas pollutants include nitrogen oxide emissions from exhaust gases of vehicles, sulfur dioxide emissions from the flaming fossil fuels in power stations, and hydrogen sulfide pollutant from sewage plants. Contaminated water comprises many traces of organic compounds, such as VOCs and phenols, causing serious threat to the environment. These factors thereby offer a strong business case for activated carbon, which is used as a purifying agent, given its potential to greatly minimize pollutants in both liquid and gas streams. In addition to conventional end-use applications, such as, food & beverage processing, future growth is expected stem largely from the enforcement of strict environment regulations. Of late, the growing pressure on production cost containment, has been leading companies to relocate manufacturing facilities and R&D centers to low cost countries, such as, China and other Asian countries. These countries proffer cost-effective production operations, such as low costs of raw materials, energy and labor.

World Activated Carbon market is poised to reach 1.54 million metric tons by 2015. Asia-Pacific is forecast to lead growth with a CAGR of 6.6% over the period 2011 through 2015. Market for Powdered Activated Carbon in Europe is projected to reach 130.53 thousand metric tons by the year 2012. Use of activated carbon in Water Treatment Liquid Phase Applications in Asia-Pacific is forecast to grow at a CAGR of 5.61% over the period 2011 through 2015.        

Activated Carbon: A Global Strategic Business Report

"Activated Carbon: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, product profile, players, competition, technological developments, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Canada, Japan, France, Germany, Italy, UK, and Asia-Pacific. Analytics in the report are provided for both product and end-use application markets in metric tons for the period covering 1991 through 2015.    

For more details about this 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 reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site www.StrategyR.com

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