NORTH AMERICA ACTIVATED CARBON MARKET FORECAST 2019-2028

NORTH AMERICA ACTIVATED CARBON MARKET FORECAST 2019-2028

  • September 2020 •
  • 144 pages •
  • Report ID: 5975575 •
  • Format: PDF
KEY FINDINGS
The North America activated carbon market is projected to grow with a CAGR of 6.76%, during the forecast period of 2019 to 2028. The key market growth drivers are the developed economy, rapid industrialization, the high demand for commercial vehicles, and high commercialization.

MARKET INSIGHTS
The United States and Canada are evaluated for determining the North America activated carbon market growth.In 2019, Canada spent more than 10% of its gross domestic product (GDP), on healthcare.

Although the country’s private sector invests nearly 30% in the healthcare sector, the majority of the investment or more than 70%, is made by the government.This value is further anticipated to increase over the forecast years.

As the largest producers of commercial vehicles, globally, after China, Japan, and the United States, Canada produced more than 2,199,700, units of commercial vehicles in 2017.
On the other hand, Canada’s food processing industry contributes around 2% to its GDP.Moreover, as the second-largest manufacturing sector in the country, Canada exports processed food to at least 190 countries.

Thus, these sectors’ growth is projected to contribute to the region’s growing demand for activated carbon.
The water treatment division is gaining additional importance in Canada, as the residents and the government obtain more awareness about pollution.For instance, the government recently announced twenty new water and wastewater treatment projects, across different parts of the nation.

Likewise, metallurgy and mining are also among Canada’s key industries, and supply over sixty minerals and metals to several other countries. Thus, such factors are expected to boost the region’s market for activated carbon, during the forecast years.

COMPETITIVE INSIGHTS
Distinguished firms operating in the market are, Calgon Carbon Corporation, Albemarle Corporation, Cabot Corporation, Evoqua Water Technologies LLC, Advanced Emissions Solutions Inc, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. ADVANCED EMISSIONS SOLUTIONS INC
2. ALBEMARLE CORPORATION
3. BOYCE CARBON
4. CABOT CORPORATION
5. CALGON CARBON CORPORATION
6. CARBOTECH AC GMBH
7. EVOQUA WATER TECHNOLOGIES LLC
8. HAYCARB PLC
9. JACOBI CARBONS AB
10. KURARAY CO LTD
11. KUREHA CORPORATION
12. CPL ACTIVATED CARBON
13. OSAKA GAS CO LTD
14. VEOLIA WATER TECHNOLOGIES
15. PURAGEN ACTIVATED CARBONS