Wood Activated Carbon Market Size is likely to grow at a steady rate from 2016 to 2024 due to increasing product demand for the purification of air and water.
Wood activated carbon is the waste that is produced while processing of wood from chips, flour, saw dust and other residuals. These raw materials are dried and crushed followed by carbonization reaction to form amorphous carbon and at high temperature and high-pressure steam, amorphous carbon is converted to activated carbon.
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The drivers for wood activated carbon market will be a soaring need for air purification and waste water treatment plants. The growing product demand for decolorization of materials, removal of mercury released from power plant stations, and food and beverages processing will also propel industry growth. According to the rules and regulation of government, preserving clean air and maintaining water quality is the biggest concern which will lead to increased wood activated carbon demand in forth coming years. The product has more surface area and porosity as compared to other activated carbon which efficiently help in purification of air and water. Wood activated carbon is non-toxic in nature which can be used in food beverages and pharmaceutical industry. It is also used in filtration units such as in synthetic chemical industries and waste water treatment plants.
Surface modification of the product can thus increase the adsorption efficiency of the product which can provide significant opportunities in upcoming years. Saw dust is generally produced by phosphoric acid, steam or zinc chloride. High market price of zinc chloride and phosphoric acid can be a restraint for this industry. The product is commercially available in three forms i.e. columnar, granular and powdered form. Powdered form has highest porosity and large surface area and is majorly used in decolorization, waste water treatment etc. Wood activated carbon market is segmented by its end use application in removal of impurities from air, water, gas adsorption, decolorization and others such as organic solvent recovery. The end-user demand is likely to be very high in upcoming years as government rules pertaining to environment protection are getting stringent day by day.
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Asia pacific and North America will be a significant regional wood activated carbon market due large number of wood processing industries in these regions. Approximately one-third of the worldwide wood activated carbon is consumed in Asia Pacific. According to government rules and regulation, the water and air released from various sources such as industries effluent, sewage effluent, etc. should be treated to come under permissible limit before discharging in environment. Due to this reason, North America and Europe provides tremendous growth opportunities for the wood activated carbon market growth. Countries in Asia pacific such as China, India, Thailand, etc. have a flourishing food and beverages industry which will boost product demand. The rapid industrialization in Asia Pacific region will also increase the need for water treatment plants which will in turn propel the market growth during the forecast period. Middle east and Africa will witness the growth of wood activated carbon market due to high demand in water and health hygiene issues. Latin America, especially Brazil, will also have increased wood activated carbon demand in coming years due to growing need for potable water.
Wood activated carbon market has been segmented into two most important usage, first is the removal of impurities through adsorption as environment protection is the biggest concern for each nation. Second is for decolorization in sugar industries, pharmaceuticals industry, food and beverages, and waste water treatment plants where solvents are decolored by using wood activated carbon.
Wood Activated Carbon market is characterized by many large and small manufacturers. Some of the top manufacturers are Osaka Gas Chemicals Company Limited, Cabot Co., Kuraray Chemical Co., Donau Chemie AG, Oxbow Activated Carbon LLC, CECA SA Zhejiang Xingda Activated Carbon company, Calgoan Carbon Corporation, Ingevity Corporation, Eco Services Operations, Carbo Tech AC GmbH, Fujian Zhixing Activated Carbon Co, Ltd., Carbon Activated Corporation. Other key manufactures include Acuro Organics, Bestech Water Treatment Pvt. Ltd, Krishna Chemtech Chemtex Speciality Limited, Jinan Changxing Plastic Co., Ecologix Environmental Systems, Adsorbent Carbons Private Ltd, Hangzhou Anow Microfiltration Co. Ltd.
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