The global wood activated carbon market is expected to witness major expansion due to its increasing application in water treatment and food & beverage processing industries. Manufacturers of wood activated carbon are concentrated in the Asia Pacific region due to the large number of wood processing units in countries such as India, China and Malaysia. Several mandates such as U.S. Environment Protection Act and E.U.’s REACH require industries to properly treat waste water before releasing it into the environment. Owing to the above reason, demand for wood activated carbon is expected to grow in the North American and European markets. African and South American markets for wood activated carbon are expected to witness growth on account of increasing demand for potable water. Growth of the food & beverage processing industries in China, India, Indonesia, Thailand and Philippines is anticipated to augment demand for wood activated carbon in Asia Pacific region.
Wood activated carbon is known to have higher surface area and pore volume than coal and coconut activated carbon. This enhances the efficiency of the filtration process by increasing the purity and reducing the time. Owing to these reasons and its non toxic nature wood activated carbon is used in the food and beverage industry for purification and deodorization of ingredients. It is also used in filtration units of pharmaceutical and synthetic chemicals industries. Increasing concern over the safety of municipal water supply in major cities has given rise to increased use of domestic activated carbon filtration units. Large carbon activated filtration units have also gained popularity in the recent past on account of new residential projects in countries such as India and China. Wood activated carbon has saw dust as the primary raw material and is produced using either of the three; steam, zinc chloride or phosphoric acid. Price volatility of zinc chloride and phosphoric acid is a probable restraint to global wood activated carbon market.
Some of the key players in wood activated carbon market include Acuro Organics Ltd, Hangzhou Anow Microfiltration Co. Ltd., Bestech Water Treatment Pvt. Ltd, Carbon Activated Corp., Ecologix Environmental Systems, Chemtex Speciality Limited, Jinan Changxing Plastic Co., Krishna Chemtech and Adsorbent Carbons Private Ltd.
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The supply of water treatment chemicals shall witness shortages due to the prevalence of COVID-19 at a pandemic level. The industrial sector as a whole shall register an increase in demand for dewatering equipment, water treatment systems and membranes due to stipulated public health guidelines and greater need for sanitary environment. The report will account for Covid19 as a key market contributor.
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