GMI presents a most up-to-date research on "Wood Activated Carbon Market - Global Industry Analysis, Size, Share, Products (Powdered, Granular), Growth Potential, Trends, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, GCC) and Forecast 2017 – 2024".
The report predicts worldwide wood activated carbon market size will surpass USD 500 million by 2024. The changes in regulatory norms regarding the control of harmful gas emission is the key factor for industry growth in forecast timeframe. Nearly 80% of mercury and other harmful gas emission comes from the manufacturing units, mines, and other thermal power plants and almost all regional governments are cracking down on this issue. Increasing pressure from the government for maintaining the air quality and reducing the mercury level will spur the wood activated carbon market demand in the near future.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2260
Powdered wood activated carbon product segment will occupy more than 60% of the overall market in 2024. This segment will witness a healthy growth rate during the forecast timeframe owing to its cost-effective nature and relatively better performance in purification applications.
In terms of revenue, water treatment is likely to generate more than USD 200 million in 2024. This is due to the excessive usage of the product in water treatment plants owing to the superior intrinsic properties.
Air treatment, food & beverage, pharmaceutical, and water treatment are the four key end-user industries in the wood activated carbon market. Water treatment application segment will register a revenue exceeding 180 million by 2024 along with healthy gains during the study period.
Browse key industry insights spread across 280 pages with 381 market data tables & 26 figures & charts from the report, “Wood Activated Carbon Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/wood-activated-carbon-market
Fluid adsorption is a major application segment which will hold approximately one-third of the overall industry share in 2024. Wood activated carbon's ability to adsorb a range of fluids will drive this segments development till the end of the study period.
Latin America and Asia Pacific’s wood activated carbon market will be a largest with over 45% of the entire industry in coming years. Latin America will account for over USD 30 million growing with a noteworthy CAGR over the forecast period. High production and abundant availability of raw materials in these regions will promote the regional industry growth by 2024, which will positively influence the overall wood activated carbon market growth.
Some of the key wood activated carbon market participants include Haycarb, Kuraray, Ingevity, Osaka Gas Chemicals Company, Chemtex Speciality, D&R Corporation, Zhejiang Xingda Activated Carbon among others.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2260
Browse Related Report:
Hydrophobic Coatings Market Forecast, 2018-2024
Hydrophobic Coatings Market size was over USD 1.5 billion in 2017 and industry expects consumption of above 15 kilo tons by 2024. Increasing preferences for waterproof Coatings in automobile along with technological novelties for implementing Nano-particles in hydrophobic Coatings due to their improved performance and high surface area should boost hydrophobic coatings industry size.
https://www.gminsights.com/industry-analysis/hydrophobic-coatings-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Media Contact
Company Name: Global Market Insights Inc.
Contact Person: Arun Hegde
Email:Send Email
Phone: 1 302-846-7766
Address:4 North Main Street
City: Selbyville
State: Delaware
Country: United States
Website: www.gminsights.com/industry-analysis/wood-activated-carbon-market
