Middle East and Africa Activated Carbon Market
Activated carbon is made from wood, petroleum residue, peat, lignite, and coat. Recently, a significant interest in discovering cost-effective alternatives to existing commercial activated carbon has been developed. Exploring cheaper and more effective activated carbon may contribute to the sustainability of the environment and offer other benefits for future activated carbon applications. Moreover, the activated carbon made from bioresources has shown exceptional surface properties with high porosity. The costs incurred to manufacture activated carbon from bioresources are relatively low compared to commercial activated carbon. Therefore, there is a growing interest in bioresources to synthesize activated carbon. Bioresources can be categorized in two different ways, namely waste materials or dedicated energy crops. Waste materials include animal manure, food processing waste, municipal solid waste (MSW), and forest residues. As the use of solid waste materials to synthesize activated carbon helps save landfill space, the alternative is expected to be supported by governments in the future. Dedicated energy crops are grown in lands that are fertile and less arid. Woody and herbaceous crops are the two main varieties used as bioresource. Herbaceous energy crops include sorghum, wheatgrass, and bamboo, and woody crops include walnut, maple, willow, and poplar, which are anticipated to drive the activated carbon market in the Middle East & Africa.
Strategic insights for the Middle East and Africa Activated Carbon provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 212.51 Million |
| Market Size by 2028 | US$ 377.85 Million |
| Global CAGR (2021 - 2028) | 8.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East and Africa Activated Carbon refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Middle East & Africa activated carbon market segmented by type, application, and country. Based on type, the Middle East & Africa activated carbon market is segmented into granular, powdered, and pelletized and others. In 2020, the powdered segment accounted for the largest revenue share. Based on application, the Middle East & Africa activated carbon market is segmented into water treatment, food and beverages, pharmaceuticals, automotive, and others. In 2020, the water treatment segment accounted for the largest revenue share. Similarly, based on country, the market is segmented into South Africa, Saudi Arabia, UAE, and the rest of Middle East & Africa. South Africa contributed a substantial share in 2020. Albemarle Corporation, CABOT CORPORATION, JACOBI CARBONS GROUP, and James Cumming and Sons Pty Ltd are among the leading companies in the Middle East & Africa activated carbon market
The Middle East and Africa Activated Carbon Market is valued at US$ 212.51 Million in 2021, it is projected to reach US$ 377.85 Million by 2028.
As per our report Middle East and Africa Activated Carbon Market, the market size is valued at US$ 212.51 Million in 2021, projecting it to reach US$ 377.85 Million by 2028. This translates to a CAGR of approximately 8.6% during the forecast period.
The Middle East and Africa Activated Carbon Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Activated Carbon Market report:
The Middle East and Africa Activated Carbon Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Activated Carbon Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Activated Carbon Market value chain can benefit from the information contained in a comprehensive market report.
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