Expansions, acquisitions, agreements, new product
launches/developments, partnerships & agreements strategies adopted
by the leading market players to drive the demand in the global
activated carbon market
The key companies manufacturing activated carbon were mainly involved in the expansions strategy to strengthen their positions in the market from 2011 to 2016, accounting for a 37.0% share of the total strategic developments in the activated carbon market.
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The prominent expansion in global activated carbon market is the commissioning of a new production facility in Philippines by Osaka Gas Co. Ltd (Japan) for the production of granulated activated carbon in September 2015. With this strategy, the company enhanced its foothold in the ASEAN countries in order to capitalize on the high growth opportunities in the activated carbon end-use industries.
Acquisitions accounted for a share of 27% of all the growth strategies adopted by players in the activated carbon market between 2011 and 2016. Companies have adopted this strategy to strengthen their positions in the activated carbon market. The major acquisition in the activated carbon market was the acquisition of the Sweden based activated carbon producer, Jacobi Carbons AB, by Osaka Gas Co. Ltd (Japan). With this acquisition, Osaka Gas Co. Ltd (Sweden) became the third largest market share holder in the global activated carbon market.
Major manufacturers such as, Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), Haycarb PLC (Sri Lanka), Kuraray Chemical Co. Ltd (Japan), KUREHA CORPORATION (Japan), Donau Carbon GmbH (Germany), Silcarbon Aktivkohle GmbH (Germany), and Oxbow Activated Carbon LLC (U.S), are profiled in this report. These companies have adopted various organic and inorganic growth strategies such as, new product launches/developments, agreements & joint ventures, expansions, and mergers & acquisitions.
Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), and Haycarb PLC (Sri Lanka) are the most important players in the global activated carbon market. These companies witnessed the highest strategy adoptions in the global activated carbon market, accounting for more than 39.7% of the overall strategic adoptions from 2011 to 2016.
Calgon Carbon Corporation (U.S) is the key leader and contributor to the growth of the global activated carbon market. It accounted for a 15.0% share of the total activated carbon market in 2015.
The company grew extensively during the last few years. In November 2016, the Calgon Carbon Corporation acquired the activated carbon and filter aid business of CECA which is a subsidiary of the Arkema Group (France). With this acquisition, the company established a strong foothold in the activated carbon market in Europe. In September 2015, the company commenced a new granulated activated carbon production facility in Zamboanga, Philippines, having a production capacity of 20 KT. This acquisition enabled the company to cater to demand from the end-use industries of activated carbon.
Osaka Gas Co. Ltd is another major activated carbon producer that has established a strong foothold in the global activated carbon market.
The company has a broad and diversified activated carbon portfolio, ensuring its consistent growth in the market. The company is focused on both, organic and inorganic growth strategies. It has enhanced its product portfolio with various growth strategies such as expansions, mergers & acquisitions.
The company acquired Jacobi Carbons AB (Sweden) in 2013. With this acquisition, the company become a prominent producer of activated carbon, holding a 13.0% share in the global activated carbon market.
Stringent government regulations for emission control, mercury control from power plants, high demand for clean drinking water, and industrial growth in Asia-Pacific, especially ASEAN countries, propel the growth of the activated carbon market globally.
Activated carbon, also known as activated charcoal and activated coal, is a form of carbon that removes organic compounds from liquids and gases by a process known as “adsorption.” Activated carbon is extremely porous and thus has a very large surface area available for adsorption. It is used in a wide range of applications in gas, vapor, and liquid treatments. Activated carbon is an effective method for removing chlorine and its by-products (total trihalomethanes - TTHM's), and volatile organic compounds (carbon-based VOC's). It is used for medicinal purposes; in gas masks to filter out chlorine gas, as well as in water treatment to remove organic compounds that impart color, taste, and odor to the water.
The global activated carbon market is projected to grow at a CAGR of 9.4% during the forecast period 2016 to 2021, in terms of value to reach USD 8.12 billion by 2021.
The Asia-Pacific region is projected to grow at a high rate, in terms of value and volume, during the forecast period. China is the fastest-growing country in the Asia-Pacific region activated carbon market, accounting for a high share of the demand. It is projected to be a high growth potential market in the global activated carbon market owing to the high demand for activated carbon in industrial applications such as, chemical, petrochemical, automobile, and foods & beverages industries for gaseous phase, as well as liquid phase applications.
Powdered activated carbon is the fastest-growing type in the global activated carbon market. The demand for powdered activated carbon is growing due to its use in industrial applications such as, pharmaceutical, and foods & beverages industries for decolorization and deodorization applications.
Liquid phase is the largest application segment in the global activated carbon market. The water treatment subsegment of the liquid phase application is expected to account for a high share of the segment. Stringent government regulations across the globe in the treatment of industrial as well as municipal water is expected to drive the segment during the forecast period.
The major players in the global activated carbon market undertook various development strategies during the past five years. New product launches/developments, agreements, expansions, joint ventures, and mergers & acquisitions are some of the key strategies undertaken by major manufacturers such as, Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), Haycarb PLC (Sri Lanka), Kuraray Chemical Co. Ltd (Japan), KUREHA CORPORATION (Japan), Donau Carbon GmbH (Germany), Silcarbon Aktivkohle GmbH (Germany), and Oxbow Activated Carbon LLC (U.S). These strategies have helped enhance production and increase market shares of the aforementioned key players in the global activated carbon market.
The key companies manufacturing activated carbon were mainly involved in the expansions strategy to strengthen their positions in the market from 2011 to 2016, accounting for a 37.0% share of the total strategic developments in the activated carbon market.
Download PDF Brochure of this Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=362
The prominent expansion in global activated carbon market is the commissioning of a new production facility in Philippines by Osaka Gas Co. Ltd (Japan) for the production of granulated activated carbon in September 2015. With this strategy, the company enhanced its foothold in the ASEAN countries in order to capitalize on the high growth opportunities in the activated carbon end-use industries.
Acquisitions accounted for a share of 27% of all the growth strategies adopted by players in the activated carbon market between 2011 and 2016. Companies have adopted this strategy to strengthen their positions in the activated carbon market. The major acquisition in the activated carbon market was the acquisition of the Sweden based activated carbon producer, Jacobi Carbons AB, by Osaka Gas Co. Ltd (Japan). With this acquisition, Osaka Gas Co. Ltd (Sweden) became the third largest market share holder in the global activated carbon market.
Major manufacturers such as, Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), Haycarb PLC (Sri Lanka), Kuraray Chemical Co. Ltd (Japan), KUREHA CORPORATION (Japan), Donau Carbon GmbH (Germany), Silcarbon Aktivkohle GmbH (Germany), and Oxbow Activated Carbon LLC (U.S), are profiled in this report. These companies have adopted various organic and inorganic growth strategies such as, new product launches/developments, agreements & joint ventures, expansions, and mergers & acquisitions.
Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), and Haycarb PLC (Sri Lanka) are the most important players in the global activated carbon market. These companies witnessed the highest strategy adoptions in the global activated carbon market, accounting for more than 39.7% of the overall strategic adoptions from 2011 to 2016.
Calgon Carbon Corporation (U.S) is the key leader and contributor to the growth of the global activated carbon market. It accounted for a 15.0% share of the total activated carbon market in 2015.
The company grew extensively during the last few years. In November 2016, the Calgon Carbon Corporation acquired the activated carbon and filter aid business of CECA which is a subsidiary of the Arkema Group (France). With this acquisition, the company established a strong foothold in the activated carbon market in Europe. In September 2015, the company commenced a new granulated activated carbon production facility in Zamboanga, Philippines, having a production capacity of 20 KT. This acquisition enabled the company to cater to demand from the end-use industries of activated carbon.
Osaka Gas Co. Ltd is another major activated carbon producer that has established a strong foothold in the global activated carbon market.
The company has a broad and diversified activated carbon portfolio, ensuring its consistent growth in the market. The company is focused on both, organic and inorganic growth strategies. It has enhanced its product portfolio with various growth strategies such as expansions, mergers & acquisitions.
The company acquired Jacobi Carbons AB (Sweden) in 2013. With this acquisition, the company become a prominent producer of activated carbon, holding a 13.0% share in the global activated carbon market.
Stringent government regulations for emission control, mercury control from power plants, high demand for clean drinking water, and industrial growth in Asia-Pacific, especially ASEAN countries, propel the growth of the activated carbon market globally.
Activated carbon, also known as activated charcoal and activated coal, is a form of carbon that removes organic compounds from liquids and gases by a process known as “adsorption.” Activated carbon is extremely porous and thus has a very large surface area available for adsorption. It is used in a wide range of applications in gas, vapor, and liquid treatments. Activated carbon is an effective method for removing chlorine and its by-products (total trihalomethanes - TTHM's), and volatile organic compounds (carbon-based VOC's). It is used for medicinal purposes; in gas masks to filter out chlorine gas, as well as in water treatment to remove organic compounds that impart color, taste, and odor to the water.
The global activated carbon market is projected to grow at a CAGR of 9.4% during the forecast period 2016 to 2021, in terms of value to reach USD 8.12 billion by 2021.
The Asia-Pacific region is projected to grow at a high rate, in terms of value and volume, during the forecast period. China is the fastest-growing country in the Asia-Pacific region activated carbon market, accounting for a high share of the demand. It is projected to be a high growth potential market in the global activated carbon market owing to the high demand for activated carbon in industrial applications such as, chemical, petrochemical, automobile, and foods & beverages industries for gaseous phase, as well as liquid phase applications.
Powdered activated carbon is the fastest-growing type in the global activated carbon market. The demand for powdered activated carbon is growing due to its use in industrial applications such as, pharmaceutical, and foods & beverages industries for decolorization and deodorization applications.
Liquid phase is the largest application segment in the global activated carbon market. The water treatment subsegment of the liquid phase application is expected to account for a high share of the segment. Stringent government regulations across the globe in the treatment of industrial as well as municipal water is expected to drive the segment during the forecast period.
The major players in the global activated carbon market undertook various development strategies during the past five years. New product launches/developments, agreements, expansions, joint ventures, and mergers & acquisitions are some of the key strategies undertaken by major manufacturers such as, Calgon Carbon Corporation (U.S), Osaka Gas Co. Ltd (Japan), Cabot Corporation (U.S), Haycarb PLC (Sri Lanka), Kuraray Chemical Co. Ltd (Japan), KUREHA CORPORATION (Japan), Donau Carbon GmbH (Germany), Silcarbon Aktivkohle GmbH (Germany), and Oxbow Activated Carbon LLC (U.S). These strategies have helped enhance production and increase market shares of the aforementioned key players in the global activated carbon market.
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