Mercury Emission Control and Wastewater Management Drives Strengthen, Boost Wood Activated Carbon Demand Globally.pdf

Transparency Market
Research
Wood Activated Carbon Market - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024
Published Date
28-April-2016
131 Page Report
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Press Release
Mercury Emission Control and Wastewater Management Drives
Strengthen, Boost Wood Activated Carbon Demand Globally: TMR
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Wood Activated Carbon Market
REPORT DESCRIPTION
Wood Activated Carbon Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 – 2024
Although regional players are many and currently occupy over a quarter of the global volume share
for wood activated carbon, this market is primarily consolidated. The top three players in 2015 – Calgon
Carbon Corporation, Cabot Corporation, and Ingevity Corporation – collectively held a share of 46.8% of
the market’s total value at the time.
Owing to this high concentration of market shares held by a few prominent players, the competitive
intensity is very high between them. Their rivalry is also likely to affect the growing number of small and
medium scale companies coming up in countries such as China.
According to a new research report released by Transparency Market Research, the overall threat of new
entrants in the global market for wood activated carbon is expected to remain medium to high over the
coming years. Product differentiation is low and the demand for wood activated carbon is escalating
quickly, thus allowing a positive room for new entrants to procure distribution contracts in.
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Armed with a CAGR of 9.2% in revenue within a forecast period from 2016 to 2024, the global market for
wood activated carbon is expected to generate US$224.7 mn by 2016, which is expected to reach
US$456.0 mn by the end of 2024.
The strong ability of wood activated carbon to separate particulate matter, lead, and other harmful
elements from both liquids and gases makes it exceptionally useful in the removal of impurities from
substances. This application segment is expected to generate US$141.8 bn for wood activated carbon
manufacturers by the end of 2024.
APAC Likely to Retain Leading Rate of Wood Activated Carbon Consumption
By the end of 2024, Asia Pacific is expected to generate US$197.18 mn in revenue from the consumption
of wood activated carbon. This region is going very big on the use of wood activated carbon for removal of
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Wood Activated Carbon Market
impurities and decolorization. At the same time, this region is also showing a very high demand for wood
activated carbon for the purpose of gas absorption. The share in volume used up by Asia Pacific is
expected to increase quite a bit over the coming years.
North America holds the second place in terms of demand for wood activated carbon. The demand by this
region is expected to increase significantly over the coming years due to a growing use of impurity
removal methods that are effective and not harmful to the environment. This region is focusing heavily on
the implementation of gas absorption techniques to reduce the emission of vehicles.
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Environmental Regulations Bear Down on Mercury Emissions, Spur Wood Activated Carbon
Demand
“Over 70% of the mercury emissions globally come from power plants, with coal-fired and thermal power
plants being the key culprits. Almost all governments are now cracking down on the emission of mercury
and other harmful particles by power plants and the manufacturing industry. This increasing pressure to
maintain cleaner air quality has pushed wood activated carbon into favor with most industries,” states a
TMR analyst.
Both the U.S. and China are two major countries responsible mercury emissions. Both nations have
agreed to adhere to strict emission norms and significantly reduce mercury levels in the atmosphere by
2020. This puts both countries at the top of the charts for wood activated carbon consumption.
Saw Dust Prices Surge Affects Wood Activated Carbon Production
The key raw materials for producing wood activated carbon include a slew of pre-treatment chemicals,
wood flour, wood pellets, and saw dust. Of these, saw dust, wood pellets, and wood flour are usually
derived as byproducts of wood processing.
The complication lies in the demand for these raw materials being equally high in other industries such as
fuel generation and the manufacturing of synthetic resins and wood pulp. With a large number of
companies holding a high demand for saw dust and other wood processing byproducts, the dependency
of wood activated carbon manufacturers on saw dust becomes increasingly precarious, hindering this
market’s growth rate.
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“This shortage of raw materials can be mitigated by developments on other raw materials. For instance,
there are several studies pointing towards the feasibility of other forms of activated carbon and even
plasma processed carbon,” adds the analyst.
The information presented in this review is based on a Transparency Market Research report, titled,
“Wood Activated Carbon Market - Global Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024.”
Key Takeaways:
 Removal of impurities expected to generate US$141.8 mn for wood activated carbon players by
2024.
 Asia Pacific wood activated carbon consumption expected to generate revenue of US$197.18 mn by
the end of 2024.
 Total revenue earned by wood activated carbon players on a global level is expected to reach
US$456.0 mn by 2024.
Key segments of the Global Wood Activated Carbon Market
Global Wood Activated Carbon Market, by Application
 Gas adsorption
 Removal of impurities
 Decolorization
 Others (recovery of organic solvents, etc.)
Global Wood Activated Carbon Market, by Region
 North America
 Europe
 Asia Pacific
 Latin America
 Middle East & Africa
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TABLE OF CONTENT
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Wood Activated Carbon Market
Chapter 1 Preface

Report Description

Research Scope

Assumptions

Market Segmentation

Research Methodology
Chapter 2 Executive Summary

Global Wood Activated Carbon Market, Volume and Revenue, 2015 - 2024, (Kilo Tons) (US$ Mn)

Wood Activated Carbon: Market Snapshot
Chapter 3 Wood Activated Carbon Market – Industry Analysis

Introduction

Value Chain Analysis

Market Drivers
o
Driver 1 – Environmental Regulations on Mercury Emissions from Power Plants to Drive Market Growth by
2024
o
Driver 2 – Water Purification Application to Boost Consumption of Wood Activated Carbon during Forecast
Period

Restraints
o
Restraint 1 – Raw Material Price Volatility to Hinder Wood Activated Carbon Market Growth

Opportunities


Opportunity 1 – Technological Breakthrough Likely to Provide Significant Growth Opportunities
Porter’s Five Forces Analysis
o
Bargaining Power Of Suppliers
o
Bargaining Power Of Buyers
o
Threat Of New Entrants
o
Threat Of Substitutes
o
Degree Of Competition


Wood Activated Carbon: Market Attractiveness Analysis

Market Attractiveness Analysis By Application

Market Attractiveness Analysis By Country
Wood Activated Carbon: Company Market Share (%), 2015
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Chapter 4 Raw Material and Price Trend Analysis

Raw Material Analysis – Manufacturing/Extraction/Recovery Process

Raw Material Price Trends, 2015 – 2024, (US$/Ton)

Wood Activated Carbon Price Trends, 2014 – 2023, (US$/Ton)
Chapter 5 Market Segmentation – Application Analysis

Global Wood Activated Carbon Market: Application Overview

Global Wood Activated Carbon Market for Gas Adsorption, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

Global Wood Activated Carbon Market for Removal of Impurities, Volume & Revenue (Kilo Tons) (US$ Mn),
2015 – 2024

Global Wood Activated Carbon Market for Decolorization, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

Global Wood Activated Carbon Market for Other Applications, Volume & Revenue (Kilo Tons) (US$ Mn), 2015
– 2024
Chapter 6 Market Segmentation – Regional Analysis

Global Wood Activated Carbon Market: Regional Overview

North America Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$
Mn), 2015 – 2024

U.S. Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

Rest Of North America Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons)
(US$ Mn), 2015 – 2024

Europe Wood Activated Carbon Market – Application Analysis, Volume & Revenue, Volume & Revenue (Kilo
Tons) (US$ Mn), 2015 – 2024

Germany Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn),
2015 – 2024

France Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015
– 2024

U.K. Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024
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
Italy Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

Spain Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

Belgium Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn),
2015 – 2024

Rest Of Europe Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$
Mn), 2015 – 2024

Asia Pacific Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn),
2015 – 2024

China Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

Japan Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015
– 2024

ASEAN Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015
– 2024

Rest Of Asia Pacific Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons)
(US$ Mn), 2015 – 2024

Latin America Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$
Mn), 2015 – 2024

Brazil Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

Rest Of Latin America Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons)
(US$ Mn), 2015 – 2024

Middle East & Africa Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons)
(US$ Mn), 2015 – 2024

GCC Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn), 2015 –
2024

South Africa Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo Tons) (US$ Mn),
2015 – 2024
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
Rest Of Middle East & Africa Wood Activated Carbon Market – Application Analysis, Volume & Revenue (Kilo
Tons) (US$ Mn), 2015 – 2024
Chapter 7 Company Profiles

Cabot Corporation

Calgon Carbon Corporation

Carbo Tech AC GmbH

Carbon Activated Corporation

CECA SA

Donau Chemie AG

Fujian Zhixing Activated Carbon Co, Ltd.

Ingevity Corporation

Kuraray Chemical Corporation Ltd.

Osaka Gas Chemicals Co. Ltd.

Oxbow Activated Carbon LLC

Zhejiang Xingda Activated Carbon Co., Ltd.
Chapter 8 Primary Research – Key Findings
Chapter 9 List of Potential Customers
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The revenue generated in the global market for wood activated carbon is expected to reach US$224.7 mn by the end of 2016 and US$456.0 mn by the end of 2024. This revenue is expected to progress at a CAGR of 9.2% from 2016 to 2024.