Portland, OR, January 30, 2014 --(PR.com
)-- The world activated carbon market has realized a bolstered growth in recent times which bears a great potential to continue accelerating its growth and generating huge revenues during this decade. Due to increased worldwide concern on rising environment pollution, governments are confronting some adverse effects in terms of water and air contamination. This has created a huge market for certain products and systems which can act as safeguards to counter these problems. Activated carbon has been extremely successful as a remediation solution to counter the problem of air and water purification through its excellent adsorbent properties. Furthermore, activated carbon offers numerous other product related advantages which have created a myriad of opportunities for players to seek options in new potential markets with new applications.
Benefiting from this positive outlook, the global activated carbon industry has grown very rapidly in recent times over the last decade. ‘World Activated Carbon: Assessment, Opportunities & Forecast Up-to 2018’ explores that total installed capacity for activated carbon reached more than 2000 thousand tons in 2013. This growth in capacity is likely to grow well at a CAGR of nearly 10% right through 2018. Accordingly, the production and sales volumes are also anticipated to grow exponentially at a CAGR of nearly 10% over the period 2014 and 2018.
Tech Archival analysts further project that demand for activated carbon will continue growing well right through 2018 when total annualized sales volumes will cross 2400 thousand tons mark in 2018.
Companies discussed include: Calgon Carbon, Cabot Norit Activated Carbon, MeadWestvaco, Haycarb, ADA ES Inc., Osaka Gas, Siemens Water Technologies, CECA SA, Kuraray Co. Ltd., and Albemarle CorporationTo download a copy of this report or to browse report content, kindly click on this link
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