Coal Based Activated Carbon 2029
Global Coal Based Activated Carbon Market, By Raw Material (Coal Based, Coconut Shell Based, Wood Based, and Others), Form (Powdered, Granular/Crushed, Extruded/Pelletized, and Others), Application (Water & Wastewater Treatment, Air Purification, Food & Beverages, Industrial Chemicals, Pharmaceuticals, Automotive, Mining, and Others) – Industry Trends and Forecast to 2029.
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Coal Based Activated Carbon Market Analysis and Size
The global coal based activated carbon market is expected to witness significant growth in the recent years. This can be mainly attributed to the increasing need for a granular and powdered form of activated carbon, which is anticipated to rise as the demand for air and water purification in coal-fired plants rises. Furthermore, increasing applications of coal based activated carbon from various industries such as personal care, pharmaceuticals, water treatment, food and beverages, and others, is anticipated to boost the demand of the coal based activated carbon in upcoming period.
Data Bridge Market Research analyses that the coal based activated carbon market was valued at USD 3.91 billion in 2021 and is expected to reach USD 5.69 billion by 2029, registering a CAGR of 4.80% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Coal Based Activated Carbon Market Scope and Segmentation
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REPORT METRIC |
DETAILS |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Raw Material (Coal Based, Coconut Shell Based, Wood Based, and Others), Form (Powdered, Granular/Crushed, Extruded/Pelletized, and Others), Application (Water & Wastewater Treatment, Air Purification, Food & Beverages, Industrial Chemicals, Pharmaceuticals, Automotive, Mining, and Others) |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
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Market Players Covered |
Osaka Gas Co., Ltd. (Japan), Cabot Corporation (U.S.), Kuraray Co. Ltd. (Japan), Haycarb Plc (Sri Lanka), Kureha Corporation (Japan), Veolia (France), Evoqua Water Technologies Corp. (U.S.), Arkema (France), Calgon Carbon Corporation (U.S.), Donau Carbon GmbH (Germany), Silcarbon Aktivkohle GmbH (Germany), Oriental International (Pvt) Ltd (India), PURAGEN ACTIVATED CARBONS (U.S.), CarboTech (Germany), Zhengzhou Zhulin Activated Carbon Development Co., Ltd. (China) |
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Market Opportunities |
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Market Definition
Coal based activated carbon creates from coal which has undergone a steam activation process. In this activation process, millions of pores are formed on the surface of the carbon which also increases the total surface area. This unique pore distribution makes the coal based activated carbon perfect to eliminate small to large molecular structures.
Global Coal Based Activated Carbon Market Dynamics
Drivers
- Rising demand of coal based activated carbon in waste water treatment
The development in population and migration of people from rural to urban areas, depletion of freshwater sources and scarcity of consumable water overall have increased the requirement for desalinated water. This has stimulated the governments of developing markets to invest in the water treatment area to improve their capabilities related to providing drinkable water and accommodate the growing demand. These factors are expected to fuel the global adoption of coal-based activated carbon in the market.
- Increasing utilization of coal based activated carbon in food and beverages industry
Coal based activated carbon is majorly used in the food and beverage for separating and purifying procedures. The coal-based activated carbon is used to extract purified and high-quality products and remove unwanted constituents, which is increasing rapidly worldwide. Furthermore, in adsorption technology, the coal based activated carbon is being used more often to handle liquids in the food and beverage sector. The rising demand for coal-based activated carbon in food and beverages is expected to drive the market's growth.
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Opportunities
- High usage of coal based activated carbon in pharmaceutical industry
The pharmaceutical industry is expected to be the largest end user in the polymeric adsorbents market. The growth of the pharmaceutical sector is primarily attributed to the high demand for coal-based activated carbon in the purification by removing odour, colour compounds and other contaminants found in production by-products or raw materials. It is extensively used in the respiratory equipment, dialysis machine and nursing supplies for the purification, deodorization and decolorization purpose which are expected to create immense opportunities for the growth of the coal based activated carbon market.
Furthermore, the rising number of research and development activities for introducing the advanced product will further create various opportunities for the growth of the coal-based activated carbon market during the forecast period.
Restraints/ Challenges
- Volatility in the cost of raw materials
Fluctuations in the price of crude oil has a major impact on the value chain of chemical, petrochemical and its allied industries which will act as market restraint and obstruct the growth of the coal-based activated carbon market during the forecast period.
- Availability of low cost substitute
The availability of low-cost substitutes in the market is expected to restrain the growth of the global coal-based activated carbon market during the forecast period
This coal based activated carbon market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the coal based activated carbon market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support
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