Global activated charcoal products market to witness steady growth owing to the growing need for air purification and wastewater treatment
According to TechSci Research report, “Global Activated Charcoal Products Market By Source (Wood, Coconut Shell, Others), By Application (Personal Care, Medicine, Others), By Distribution Channel (Store Based, Non-Store Based), By Region, Forecast & Opportunities, 2025”, global activated charcoal products market is expected to grow at brisk rate during the forecast period on account of its growing utilization in applications such as purification, decaffeination, metal finishing, filters and removal of pollutant and fuel storage.
Nowadays, people are aware about the harmful effects of contaminated water and therefore, countries are investing in water purification plants, which is expected to elevate the demand for activated charcoal products as well. Additionally, strict environmental regulations in place pertaining to carbon and pollutants emission are directly impacting the demand for activated charcoal products.
However, there are some factors which might restrict the growth of activated charcoal products market during the forecast years. High price of raw material is creating a negative influence on the activated charcoal market. The reason being the availability of coconut shells, which is one of the primary sources of activated charcoal, is seasonal and dependent upon weather conditions for its yield.
Browse XX market data Tables and XX Figures spread throughXXX Pages and an in-depth TOC on“Global Global Activated Charcoal Products Market”
Global activated charcoal products market is segmented based on source, application, distribution channel and region. Out of the various types of sources, coconut shell-based charcoal has the highest hardness compared to the other types of activated charcoals, making it an ideal product for water purification. They are one of the proven and most widely used raw materials for manufacturing activated charcoal.
Based on application, the market of global activated charcoal products has been segmented into personal care, medicine and others. Among these, personal care segment held the dominant share in the global activated charcoal products market in 2019 as it finds wide application in personal care products like toothpaste, face masks and soaps. Also, activated charcoal can help draw microparticles, such as dirt, dust, chemicals, toxins, and bacteria, to the surface of the skin, to facilitate easy removal.
In terms of regional analysis, Asia-Pacific dominated the activated charcoal products market in 2019 due to high demand emanating from countries like China and India. Following Asia-Pacific, North America, is the second leading demand generating region for activated charcoal products market. However, countries present in North America import activated charcoal products from countries like Indonesia, Philippines, among others.
Kingsford Products Co LLC, Royal Oak Enterprises, LLC, Gryfskand sp. z o.o, Sagar Activated Charcoal Depot, Parkar Activated Charcoal Company, NAMCHAR (Pty.) Ltd., Timber Activated Charcoal Company LLC, Duraflame Inc., Bricapar S.A. and Maurobera SA are some of the leading players operating in global activated charcoal products market. Agreements & partnerships, acquisitions & mergers, product launch and joint venture are some prominent strategies adopted by major players in order to remain competitive in the activated charcoal products market.
Customers can also request for 10% free customization on this report.
“Activated charcoal is generally used for its decolorization and deodorization properties. Rising demand for activated charcoal based products has encouraged many companies to enter the business. With advancements in reactivation, more and more companies are trying to tap the opportunities in this market. As the market for activated charcoal is highly product driven, the manufacturers are continuously trying to develop new products. However, tight raw material supply situation of charcoal sources like coal, wood pulp and coconut shell are likely to affect overall industry profitability during the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Activated Charcoal Products Market By Source (Wood, Coconut Shell, Others), By Application (Personal Care, Medicine, Others), By Distribution Channel (Store Based, Non-Store Based), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global activated charcoal products market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global activated charcoal products market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.