South America Activated Carbon Market Forecast (2015-2023)

Year ARGENTINA MEXICO BRAZIL REST OF SOUTH AMERICA
2015 $ 37.7 $ 108.2 $ 80.2 $ 24.1
2016 $ 39.9 $ 115.3 $ 85.7 $ 25.3
2017 $ 42.3 $ 122.8 $ 91.7 $ 26.6
2018 $ 45.0 $ 131.1 $ 98.3 $ 27.9
2019 $ 47.9 $ 140.2 $ 105.6 $ 29.5
2020 $ 51.1 $ 150.1 $ 113.5 $ 31.1
2021 $ 54.7 $ 161.4 $ 122.6 $ 32.9
2022 $ 58.5 $ 173.6 $ 132.4 $ 34.9
2023 $ 62.7 $ 186.7 $ 143.0 $ 37.0
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South America Activated Carbon Market Forecast (2015-2023)

Synopsis
The above chart is Global Activated Carbon market [2015-2023] by South America

Market Dynamics

mexico accounted for the largest market share in 2017 in the south america activated carbon market, and is expected to reach usd 186.70 million in 2023 from usd 122.80 million in 2017. however, brazil is the fastest growing market, which is expected to grow at a cagr of 7.78% during the forecast period 2018 - 2023. powdered activated carbon segment accounted for the largest market share in 2017, this market is expected to reach usd 228.90 million in 2023 from usd 148.50 million in 2017. this market is projected to grow at a cagr of 7.57% during the forecast period from 2018 - 2023. however, powdered activated carbon segment is the fastest growing market, which is expected to grow at a cagr of 7.57% during the forecast period 2018 - 2023. water purification segment accounted for the largest market share in 2017, this market is expected to reach usd 151.00 million in 2023 from usd 100.20 million in 2017. this market is projected to grow at a cagr of 7.15% during the forecast period from 2018 - 2023. however, pharmaceuticals segment is the fastest growing market, which is expected to grow at a cagr of 8.38% during the forecast period 2018 - 2023.

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