Global Carbon Block Market Is Valued At 1441.68 Million USD In 2017 And Is Expected To Reach 1856.48 Million USD By The End Of 2024
Saturday, 26 Jan, 2019
Carbon block is the workhorse of filtration technologies, performing a wider range of filtration tasks than other products. Its sintered porous structure made of powdered carbon, thermoplastic binders and other additives, allows for the removal and retention of both sediment and organic chemicals in just one filter. Carbon block offers the opportunity for very fine sediment filtration and absolute control and filtration of very fine particles to less than 1 micron in size. At the same time, carbon block can be formulated to remove any number of chemical contaminants that may be present in the water.
According to the manufacturing process, carbon block can be divided into extruded type and compressed type. Extruded type is the most preferred one, with 66.06% share in 2017.
Global production of carbon block is 122.54 Million Units in 2017, increased from 104.03 Million Units in 2013. USA is the largest base of carbon block globally with the share of 72.59% in 2017, followed by Europe with 13.26% share.
When refers to the consumption, North America is also the key consumer. USA is the largest one and contributed 68.39% share in the consumption market in 2017.
Carbon block is used to provide pure and healthy water to customers. Backed with promising demand from water industry, it is estimated that global carbon block industry will be worthy of 1856.48 million USD in 2024, with the CAGR of 3.68% during the period of 2017 to 2024.