Industry Trends
Practices › Speciality Chemicals › Activated Carbon for Mercury Control Market
Activated Carbon for Mercury Control Market
The activated carbon for mercury control market in flue gas is projected to register a CAGR of 19.25% between 2014 and 2019 and is expected to generate the global market size in terms of value with $12,193.72million by 2019.
The report includes eight different types of applications. These are coal burning (all uses including power plants), oil & natural gas burning, primary production of ferrous metals, primary production of non-ferrous metals, gold mining & production (small scale & large scale), cement production, oil refining, and others .The global market is witnessing a high growth because of stringent government norms in North America and increase in number of power plants in Asia-Pacific regions.
Gold mining and production (small scale & large scale) are the major growth opportunity areas for activated carbon for mercury control in flue gas to increase their market share and revenue. Global gold production was projected to increase from 2.8 million kg in 2013 to 3.1 million kg by 2015, and 3.3 million kg by 2017. In Australia, gold production is expected to increase by about 59,000 kg from 2010 to 2017 owing to the expected production increases at the Cosmo Deep Mine, the Deleton Mine, and the Tropicana joint-venture project. The gold mining and production (small scale & large scale) is the second-fastest growing application in the global market.
Coal is the primary source of power, heat and energy which provides around 30.00% of primary energy needs, 40.00% of world’s electricity, and is used in the production of 70.00% of the world’s steel. Coal combustion for power generation in thermal power plants is the largest contributor of mercury emission. China, the U.S., India, and Japan are the world’s largest consumers of coal .In Europe, Germany is the largest consumer of coal with the consumption showing an increasing trend along with a reduction in subsidies of renewable energy sources. The coal burning (all uses including power plants) is the largest consumer in flue gas market. The market size for the same is projected to reach $5.638.96 million by 2019, registering a CAGR of 20.68% between 2014 and 2019.
The key market participants in the global activated carbon for mercury control market in flue gas includes Haycarb plc (Sri Lanka), Carbotech AC GmbH (Germany), Alstom S.A. (France), and ADA-carbon solutions (U.S.). This report follows both top-down and bottom-up approaches to estimate and forecast the global market size by volume and value.
We can help find ?
Latent demand for you, for your prospective client, or your prospective partners
Got a problem statement ? let our analyst help you.
