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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Gulf Cooperation Council Activated Carbon Market Outlook
The Gulf Cooperation Council activated carbon industry was valued at USD 223.65 million in 2023. The market is expected to grow at a CAGR of 13% during the forecast period of 2024-2032.
By using powdered activated carbon (PAC) goods for efficient gas therapy, the Gulf Cooperation Council (GCC) nations have tried to reduce emission concentrations. Government and private initiatives to control pollution are expected to increase the market growth during the forecast period.
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Market Segmentation
Activated carbon is processed carbon, which have small, low-volume pores, which increase the surface area available for adsorption or chemical reactions.
The Gulf Cooperation Council activated carbon industry is divided based on segments like products, applications, and end-uses.
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Based on products, the industry is divided into:
- Powdered Activated Carbon
- Granular Activated Carbon
- Others
Based on application, the market is segmented as:
- Liquid Phase
- Gas Phase
Based on its end-uses, the market can be segmented into:
- Water Treatment
- Refinery
- Food and Beverage Processing
- Pharmaceuticals and Medical
- Air Purification
- Precious Metal Recovery
- Sewage Treatment
- Others
The EMR report looks into the regional markets of activated carbon in the Gulf Cooperation Council like Saudi Arabia, the United Arab Emirates, and Kuwait, among others.
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Market Analysis
Water scarcity is a major issue in the Kingdom of Saudi Arabia. This is expected to increase the amount of water and wastewater treatment plants over the forecast period, which is expected to aid the Gulf Cooperation Council activated carbon industry growth. Also, the market will profit from the growing concern regarding contaminated drinking water in the region.
Competitive Landscape
The report presents a detailed analysis of the following key players in the Gulf Cooperation Council activated carbon industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Advanced Emissions Solutions, Inc. [ADA-ES, Inc.]
- Boyce Carbon
- Cabot Corporation (NYSE: CBT)
- Calgon Carbon Corporation [Kuraray]
- CarboTech AC GmbH [International Chemical Investors S.E.]
- CECA [Arkema Group]
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 223.65 million.
The market is expected to grow at a CAGR of 13% between 2024 and 2032.
The demand for activated carbon in the GCC region is driven by factors such as increasing industrialisation, strict environmental regulations, and growing awareness about water and air pollution.
Key trends influencing the growth of the activated carbon market globally include increasing demand for clean water, stringent environmental regulations, and growing industrialisation.
Different types of activated carbon products available include powdered activated carbon and granular activated carbon, among others.
The different applications are liquid phase and gas phase.
The key end-use industries driving the demand for activated carbon in the GCC region are water treatment, refinery, food and beverage processing, pharmaceuticals and medical, air purification, precious metal recovery, and sewage treatment, among others.
Regions considered in the market are Saudi Arabia, UAE, and Kuwait, among others.
Government and private organisations in the GCC countries are taking initiatives to control pollution using activated carbon, such as implementing strict emission standards, investing in renewable energy sources, and promoting the use of activated carbon in wastewater treatment plants.
GCC countries are investing in renewable energy sources like solar and wind power to mitigate climate change and reduce emissions, which is expected to impact the demand for activated carbon in the region.
Key players in the market are Advanced Emissions Solutions, Inc., Boyce Carbon, Cabot Corporation, Calgon Carbon Corporation [Kuraray], CarboTech AC GmbH, and CECA S.A., among others.
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