The global wood activated carbon market is moderately consolidated in nature. Calgon Carbon Corporation, Ingevity Corporation, Cabot Corporation, and Osaka Gas Chemicals Co .Ltd. – the top four manufacturers – collectively held more than 55.0% share in 2015. Of these, Calgon Carbon Corporation was the clear leader in the wood activated carbon market. There is intense competition between the prominent market players. To guarantee sustainability and greater market share, the key players are implementing successful business strategies such as product innovations and expansion of businesses, finds Transparency Market Research (TMR). For instance, Ingevity Corporation, besides manufacturing wood-based powdered activated carbon, also develops solutions for customers and end markets, which is likely to increase the company’s share in the activated carbon market. The development of activated carbon honeycombs for the automot...
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