Market by Type, Raw Material, Application, and Country | Forecast 2019-2028
The Asia-Pacific activated carbon market is evaluated to exhibit growth at 8.34% of CAGR during the evaluated years 2019-2028.
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The countries considered in this market include:
•       India
•       China
•       Japan
•       Australia & New Zealand
•       South Korea
•       ASEAN countries
•       Rest of Asia Pacific
In the region, the activated carbon market is projected to observe robust growth during the estimated years, owing to the rising demand for activated carbon for various applications, including water treatment. Additionally, the presence of low-cost traders is likely to result in an increase in export volumes in the region’s countries. The growing industrialization in countries like China and India has increased activated carbon consumption for several applications, such as mercury control and air purification. Hence, these factors indicate a robust growth of the activated carbon market in the Asia Pacific region.
In India, activated carbon is utilized for multiple purposes, such as water and air purification. Moreover, it has gained traction in several sectors, including healthcare and cosmetics. Numerous companies have launched activated charcoal-based juices and toothpaste. Here, the activated carbon obtained from charcoal is likely to display better results than when obtained from coconut, owing to the GST charges imposed on coconut shells. Furthermore, the application of activated carbon for water purification is also anticipated to grow in the country because of the government’s multiple initiatives. Hence, the growing utilization of activated carbon in various sectors opens multiple avenues for India’s activated carbon market.
Boyce Carbon is an experienced manufacturer and exporter of activated carbon. It manufactures a complete range of premium activated carbon obtained from high-quality coconut shells. The company’s activated carbon is utilized for multiple industrial applications, such as water treatment, food processing, pharmaceutical, and solvent recovery, among others. Its business segment includes powdered and granular activated carbon. The company has manufacturing facilities across different countries, with its headquarter based in India.
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1. ASIA-PACIFIC ACTIVATED CARBON MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1.  RISING DEMAND FOR POWDERED AND GRANULAR ACTIVATED CARBON
2.2.2.  GOVERNMENTAL SUBSIDIES HELPING MARKET GROWTH
2.2.3.  FALLING PRICE OF COAL AFFECTING ACTIVATED CARBON MARKET
2.2.4.  RISE IN INVESTMENTS IN RESEARCH & DEVELOPMENT
2.3. EVOLUTION AND TRANSITION OF ACTIVATED CARBON MARKET
2.4. PORTER’S FIVE FORCES ANALYSIS
2.4.1.  THREAT OF NEW ENTRANTS
2.4.2.  THREAT OF SUBSTITUTE
2.4.3.  BARGAINING POWER OF SUPPLIERS
2.4.4.  BARGAINING POWER OF BUYERS
2.4.5.  THREAT OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. INDUSTRY COMPONENTS
2.8. MARKET DRIVERS
2.8.1.  INCREASING DEMAND FROM WATER PURIFICATION SECTOR
2.8.2.  APPLICATION IN MERCURY POLLUTION CONTROL
2.9. MARKET RESTRAINTS
2.9.1.  FLUCTUATIONS IN RAW MATERIAL PRICES
2.9.2.  NEED FOR COST MANAGEMENT
2.10. MARKET OPPORTUNITIES
2.10.1.  DEMAND FROM MEDICAL AND PHARMACEUTICAL SECTOR
2.10.2. Â OPPORTUNITIES IN FOOD & BEVERAGE INDUSTRY
2.11. MARKET CHALLENGES
2.11.1.  COMPETITION FROM SILICA GEL AND SUPERSAND
2.11.2. INCREASED COMPETITION
2.12. IMPACT OF COVID-19 PANDEMIC ON ACTIVATED CARBON MARKET
3. ASIA-PACIFIC ACTIVATED CARBON MARKET OUTLOOK - BY TYPE (REVENUE: IN $ MILLION)
3.1. POWDERED
3.2. GRANULAR
3.3. PELLET
3.4. OTHERS
4. ASIA-PACIFIC ACTIVATED CARBON MARKET OUTLOOK - BY RAW MATERIAL (REVENUE: IN $ MILLION)
4.1. COAL
4.2. WOOD
4.3. COCONUT SHELL
4.4. OTHERS
5. ASIA-PACIFIC ACTIVATED CARBON MARKET OUTLOOK - BY APPLICATION (REVENUE: IN $ MILLION)
5.1. WATER TREATMENT
5.2. AIR PURIFICATION
5.3. FOOD AND BEVERAGE
5.4. PHARMACEUTICAL AND MEDICAL
5.5. AUTOMOTIVE
5.6. MINING
5.7. OTHERS
6. ASIA-PACIFIC ACTIVATED CARBON MARKET - REGIONAL OUTLOOK (REVENUE: IN $ MILLION)
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH KOREA
6.5. ASEAN COUNTRIES
6.6. AUSTRALIA & NEW ZEALAND
6.7. REST OF ASIA-PACIFIC
7. COMPETITIVE LANDSCAPE
7.1. ADVANCED EMISSIONS SOLUTIONS INC
7.2. ALBEMARLE CORPORATION
7.3. BOYCE CARBON
7.4. CABOT CORPORATION
7.5. CALGON CARBON CORPORATION
7.6. CARBOTECH AC GMBH
7.7. EVOQUA WATER TECHNOLOGIES LLC
7.8. HAYCARB PLC
7.9. JACOBI CARBONS AB
7.10. KURARAY CO LTD
7.11. KUREHA CORPORATION
7.12. OSAKA GAS CO LTD
7.13. VEOLIA WATER TECHNOLOGIES
7.14. PURAGEN ACTIVATED CARBONS
8. METHODOLOGY & SCOPE
8.1. RESEARCH SCOPE & DELIVERABLES
8.2. SOURCES OF DATA
8.3. RESEARCH METHODOLOGY
TABLE 1. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2. MARKET ATTRACTIVENESS INDEX
TABLE 3. VENDOR SCORECARD
TABLE 4. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY TYPE, 2019-2028 (IN $ MILLION)
TABLE 5. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY RAW MATERIAL, 2019-2028 (IN $ MILLION)
TABLE 6. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)
TABLE 7. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1. COAL PRICES $/TONNES (2010-2020)
FIGURE 2. PORTER’S FIVE FORCES ANALYSIS
FIGURE 3. INDUSTRY COMPONENTS
FIGURE 4. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY POWDERED, 2019-2028 (IN $ MILLION)
FIGURE 5. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY GRANULAR, 2019-2028 (IN $ MILLION)
FIGURE 6. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY PELLET, 2019-2028 (IN $ MILLION)
FIGURE 7. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 8. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY COAL, 2019-2028 (IN $ MILLION)
FIGURE 9. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY WOOD, 2019-2028 (IN $ MILLION)
FIGURE 10. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY COCONUT SHELL, 2019-2028 (IN $ MILLION)
FIGURE 11. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 12. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY WATER TREATMENT, 2019-2028 (IN $ MILLION)
FIGURE 13. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY AIR PURIFICATION, 2019-2028 (IN $ MILLION)
FIGURE 14. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY FOOD AND BEVERAGE, 2019-2028 (IN $ MILLION)
FIGURE 15. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY PHARMACEUTICAL AND MEDICAL, 2019-2028 (IN $ MILLION)
FIGURE 16. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY AUTOMOTIVE, 2019-2028 (IN $ MILLION)
FIGURE 17. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY MINING, 2019-2028 (IN $ MILLION)
FIGURE 18. ASIA-PACIFIC ACTIVATED CARBON MARKET, BY OTHERS, 2019-2028 (IN $ MILLION)
FIGURE 19. ASIA-PACIFIC ACTIVATED CARBON MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)
FIGURE 20. CHINA ACTIVATED CARBON MARKET 2019-2028 (IN $ MILLION)
FIGURE 21. JAPAN ACTIVATED CARBON MARKET 2019-2028 (IN $ MILLION)
FIGURE 22. INDIA ACTIVATED CARBON MARKET 2019-2028 (IN $ MILLION)
FIGURE 23. SOUTH KOREA ACTIVATED CARBON MARKET 2019-2028 (IN $ MILLION)
FIGURE 24. ASEAN COUNTRIES ACTIVATED CARBON MARKET 2019-2028 (IN $ MILLION)
FIGURE 25. AUSTRALIA & NEW ZEALAND ACTIVATED CARBON MARKET 2019-2028 (IN $ MILLION)
FIGURE 26. REST OF ASIA-PACIFIC ACTIVATED CARBON MARKET 2019-2028 (IN $ MILLION)