Wood Activated Carbon industry analysis research and trends report for 2017- 2024

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Wood Activated Carbon Market Update, Analysis,
Forecast, 2017 2024 Global Market Insights,
Inc.
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• Global Market Scenario of Water Treatment Industry

• Wood Activated Carbon Market to surpass USD 500
  million by 2024 according to a new research
  report by Global Market Insights, Inc.
• 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.
• This is due to the superior features which
  include low cost, ease of availability, extreme
  purity, and high filtration strength. As compared
  to other regions, Asia Pacific led by China and
  India, and Europe are on the top of the list for
  significant product consumption owing to presence
  of myriad manufacturing units.

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• Strict norms regarding the cutting down of trees
  for the production of wood activated carbon will
  be a major restraining factor for the industry
  growth in coming years.
• Regulatory bodies include United Nations
  Framework Convention on Climate Change (UNFCCC),
  Institute for Rural Settlement and Agrarian
  Reform (INCRA), Institute of Man and Environment
  of Amazonia (IMAZON), National Institute for
  Space Research (INPE), etc. in Latin America and
  Europe will restrict the industry growth by
  implementing various rules to save the flora and
  fauna.

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• 360 Industry Analysis

• Wood activated carbon market has been segregated
  based on product, application, end-user and
  region. The product segment comprises powdered
  and granular wood activated carbon. Among these,
  powdered form will hold over two-thirds of the
  entire wood activated carbon industry in 2024.
  Powdered form of the product is cheaper than
  granular one and find its usage for water and air
  purification as it has superior adsorption, high
  filtration and purification strength.
• Wood activated carbon market applications are
  segmented based on product usage which include
  fluid adsorption, decolorization, purification,
  and others. Other applications comprise
  deodorizing, solvent recycling, etc. Among these,
  fluid adsorption and purification will have a
  combined share of over 55 in this segment in
  2024.

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• Regional Analysis

• Latin America and Asia Pacifics 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.

• Competitive Analysis

• The major producers in the wood activated carbon
  industry include Kuraray, Haycarb, Ingevity
  Corporation, Chemtex, DR Corporation, PT.
  Rodaniaga Kokoh Nusantara and others.

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