Global Wood Activated Carbon Market Size study, By Product (Powdered, Granular), By Application (Fluid Adsorption, Decolorization, Purification), By Phase (Liquid, Gaseous), By End-User (Water Treatment, Food and Beverage Processing, Pharmaceutical and Medical, Automotive, Air Purification, Others), and Regional Forecasts 2022-2028

Global Wood Activated Carbon Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Wood Activated Carbon is obtained through steam or phosphoric acid activation process from wood and sawdust. Wood powder activated carbon is non-toxic, tasteless and it has the appearance of a fine black powder. Wood activated carbon has its application in different activities such as drinking water purification, ground and municipal water treatment, power plant and landfill gas emissions, and precious metal recovery among others. 

Rising water treatment industry and increasing adoption of carbon activated filtration as well as growing end use applications are driving the growth of Wood Activated Carbon Market. For instance, according to Statista -in 2020, the global water and wastewater treatment market was estimated at USD 263.07 billion. The market is projected to grow to USD 500 billion by end of 2028. 

Furthermore, in January 2021, US based Atlas Carbon, LLC entered in a partnership with Wood PLC. Under this partnership Wood PLC would look after asset management operations for its manufacturing plant located in Gillette, WY United States. Also, rapid urbanization and industrialization and increasing investment activities towards Water treatment are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, volatile cost of raw material and availability of product substitute impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Wood Activated Carbon Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to rising automotive and textile industry and growing investment towards water treatment. Whereas, North America is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as favorable government regulations over wastewater treatment , and growing food and beverages sector, would create lucrative growth prospects for the Wood Activated Carbon Market across the North America region.

Major market players included in this report are:
Kuraray Co., Ltd.
Haycarb (Pvt) Ltd.
D And R Corporation
Jacobi Carbons Group
Kalpaka Chemicals
Chemtex Speciality Limited
Eurocarb, Induceramic
Acuro Organics Limited
Adsorbent Carbons Private Ltd.
Osaka Gas Chemicals Co., Ltd.
 

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 

By Product 
Powdered
Granular
By Application
Fluid Adsorption
Decolorization
Purification 
By Phase 
Liquid
Gaseous
By End-User 
Water Treatment
Food and Beverage Processing
Pharmaceutical and Medical
Automotive
Air Purification
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia 
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Wood Activated Carbon Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors