GCC Activated Carbon Market Size Worth $363.1 Million By 2025

The Gulf cooperation council activated carbon market size is expected to reach USD 363.1 million by 2025 registering a CAGR of 13.6%, according to a new report by Grand View Research, Inc. Activated carbon is one of the most efficient materials for removing contaminants from wastewater, landfill leachate, and contaminated groundwater. Activated carbons are widely used as adsorbents in applications, such as water purification, separation, decolorization & deodorization of vegetable oils & fats, pollution treatment, air & gas purification, and pharmaceuticals.

Increasing use of water for industrial processes has boosted the demand for water and wastewater purification processes. Gulf Cooperation Council (GCC) is addressing problems regarding Greenhouse Gas (GHG) emissions in Qatar by using a low carbon technology, which uses carbon capture and storage technique for purification. The GCC countries are facing tremendous water scarcity problems owing to increasing population coupled with rising urbanization. Thermal generation along with adsorption technologies are being used for capturing CO₂ emissions in a less expensive and simpler technological process. Furthermore, the activated sludge generated from waste water treatment procedure has demonstrated to exhibit greater adsorption capacity as compared to virgin activated carbon.

Favorable regulations, such as Clean Air Mercury Rule, laid down by the U.S. Environmental Protection Agency (EPA), to reduce mercury emissions from coal-fired power plants are expected to positively impact the market growth in air filtration. Some of the major companies in the market are CECA, Donau Chemie Group, Haycarb PLC, Jacobi Carbons, Kuraray, Calgon, MeadWestvaco Corp., Veolia Water SA, Siemens Water Technologies, and Osaka Gas Chemicals Co., Ltd.

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https://www.grandviewresearch.com/industry-analysis/gulf-cooperation-council-gcc-activated-carbon-market

Further key findings from the study suggest:

• Saudi Arabia led the GCC activated carbon market in 2018 and is estimated to maintain its dominance over the forecast period owing to increasing population and number of water treatment plants in the country

• Qatar is expected to witness the fastest CAGR due to merging end-use industries such as sewage treatment and water & wastewater treatment

• In January 2015, Cabot Corp. formed a contract agreements with two U.S. utilities to supply their DARCO Hg products to eliminate mercury from flue gas of coal-fired power plants

• Manufacturers are aiming to achieve optimum business growth by implementing strategies including acquisition, product development, promotion of key product brands, and R&D investments

Grand View Research has segmented the Gulf Cooperation Council activated carbon market on the basis of type, application, end use, and country:

GCC Activated Carbon Type Outlook (Revenue, USD Million, 2014 - 2025)

• Powdered

• Granular

• Other

GCC Activated Carbon Application Outlook (Revenue, USD Million, 2014 - 2025)

• Liquid Phase

• Gas Phase

GCC Activated Carbon End Use Outlook (Revenue, USD Million, 2014 - 2025)

• Water Treatment

• Refinery

• Food & Beverage Processing

• Pharmaceuticals & Medical

• Air Purification

• Precious Metal Recovery

• Sewage Treatment

• Others

GCC Activated Carbon Country Outlook (Revenue, USD Million, 2014 - 2025)

• Saudi Arabia

• Kuwait

• UAE

• Qatar

• Bahrain

• Oman