Activated Carbon Market Overview, Competitive Strategies and Forecasts, 2014 to 2020

Global activated carbon market is expected to experience considerable growth over the forecast period owing to increasing application in major end-use industries including pharmaceuticals, water treatment, and food & beverages processing. Activated carbon is a platform chemical, and is formed by carbonaceous materials including bamboo, sawdust, wood chips, coconut shells, coal, and lignite. Powdered activated carbon is the derivative product of activated carbon, which finds application in mercury removal and drinking water treatment. Growing requirement of mercury removal in coal fired plants is expected to be the major factor driving the global activated carbon market over the next six years.