The global market for activated carbon is expected to reach USD 5,305.0 million by 2020, according to a new study by Grand View Research, Inc. Increasing activated carbon applications for mercury removal in coal-fired power plants, coupled with MATS regulatory standards set by the EPA and similar regulations by REACH is expected to drive activated carbon demand over the next six years. Fluctuating coal prices have been a key challenge for market participants, spurring the use of coconut-shell charcoal and wood as substitute raw materials to main profitability and supply. In terms of volume, the market was estimated at 1,254 kilo tons in 2012 and is expected to grow at a CAGR of 11.7% from 2014 to 2020.
http://www.grandviewresearch.com/industry-analysis/activated-carbon-market
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