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Stringent Pollution Control Regulations in the U.S. Nudging Demand for Coal-Based Active Carbon - Fact.MR Study
The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.The report offers actionable and valuable market insights of Coal-Based Active Carbon. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Coal-Based Active Carbon Market across various industries and regions.
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A new forecast by Fact.MR, a market research and competitive intelligence provider, estimates that sales of Coal-Based Active Carbon will reach a valuation of US$ 4 Bn by 2031, at a 10-year compound annual growth rate (CAGR) exceeding 5%.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Coal-Based Active Carbon market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Coal-Based Active Carbon
This newly published and insightful report sheds light on Market Insights of Coal-Based Active Carbon, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Coal-Based Active Carbon Market.
The global Coal-Based Active Carbon market is anticipated to register an impressive 7% CAGR for the forecast period 2020-2030, projects Fact.MR’s recently published report. Growth is mostly underpinned by rising wastewater treatment and sanitation initiatives.
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Coal-Based Active Carbon Market – Segmentation
Fact.MR’s research study assesses the global Coal-Based Active Carbon market in terms of raw material, form, application and region. This report presents extensive market dynamics and trends associated with different segments of the market and their influence on the growth prospects of the global Coal-Based Active Carbon market.
Raw Material
Coal Based
Coconut Shell Based
Wood Based
Others
Form
Powdered
Granular/Crushed
Extruded/Pelletized
Others (Spherical, etc.)
Application
Water & Wastewater Treatment
Air Purification
Food & Beverages
Industrial Chemicals
Pharmaceuticals
Automotive
Mining
Others
Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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Competitive Landscape
Coal-Based Active Carbon manufacturers are highly focused on research and development activities by using technologies to develop new products for specific use.
Such research and development activities of Coal-Based Active Carbon producers enable to develop better products for specific applications namely, for hydrogen sulfide removal, while competing with the existing products offered by competitors. Major companies provide Coal-Based Active Carbon products in both granular as well as powdered form and for almost all applications.
Some of the key developments are:
In June 2016 Cabot Corporation (U.S) opened new technology centre in Shanghai (China) for research and development activities of Coal-Based Active Carbon.
In November 2016, Calgon Carbon Corporation acquired the Coal-Based Active Carbon and filter aid business of CECA which is the subsidiary of Arkema Group (France).
In September 2016, Cabot Corporation launched new Coal-Based Active Carbon product under the brand DARCO H2S HF for odour control applications and hydrogen sulfide removal.
In March 2016, Osaka Gas Co., Ltd commenced the Coal-Based Active Carbon reactivation centre in Spain to serve the municipal drinking water market in the Japan.
Key Takeaways from Market Study
The market is expected to expand at a CAGR of 5% across the assessment period of 2021 to 2031.
Europe and North America to collectively generate 44% revenue share by 2031.
Powdered Coal-Based Active Carbon accounted for 51% revenue share of the market in 2020.
Air purification to emerge as a poignant application area, recording over 3% CAGR through 2031.
The market in Asia Pacific to reach a valuation of US$ 1.7 Bn by 2031-end.
“Increasing application of powdered and granulated Coal-Based Active Carbon for water treatment to nudge market growth over the coming years,” says a Fact.MR analyst.
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Key Question answered in the survey of Coal-Based Active Carbon market report:
Sales and Demand of Coal-Based Active Carbon
Growth of Coal-Based Active Carbon Market
Market Analysis of Coal-Based Active Carbon
Market Insights of Coal-Based Active Carbon
Key Drivers Impacting the Coal-Based Active Carbon market
Which are the Key drivers impacted by Coal-Based Active Carbon market
Restraints Shaping Market Growth
Market Survey of Coal-Based Active Carbon
More Valuable Insights on Coal-Based Active Carbon Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Coal-Based Active Carbon, Sales and Demand of Coal-Based Active Carbon, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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