1 Global Coconut Shell Activated Carbon Market Size (Value) and CAGR (2024-2033)
In 2024, the global Coconut Shell Activated Carbon market was valued at USD 1,142.50 million, with a CAGR of 7.17% from 2024 to 2033.
Coconut Shell Activated Carbon is a kind of carbon with multiple pores, which has extremely rich pore structure and good adsorption performance. Coconut shell activated carbon is made of high-quality coconut shell as raw material and refined through a series of production processes. Coconut shell activated carbon is black in appearance and granular. It has the advantages of developed pores, good adsorption performance, high strength, easy regeneration, economy and durability. However, due to issues such as the origin of coconut shell, the price is higher than that of conventional wooden activated carbon.
Coconut shell activated carbon is known for high hardness and low dust. Coconut shell activated carbon has a very high hardness and is more abrasion resistant than any other type. It is a totally natural, environmentally friendly product, that has a very small carbon foot print, since it is derived from coconut shells.
Figure Global Coconut Shell Activated Carbon Market Size (M USD) and CAGR 2024-2033
2 Coconut Shell Activated Carbon Market Drivers
Increasing Demand for Water and Wastewater Management Systems
The global demand for clean water is on the rise, driven by population growth, urbanization, and industrial expansion. Coconut Shell Activated Carbon plays a crucial role in water purification by removing organic impurities, chlorine, and other contaminants from water sources. Its effectiveness in treating both drinking water and industrial wastewater makes it an indispensable component in water management systems. As more countries and regions invest in improving their water infrastructure, the demand for Coconut Shell Activated Carbon is expected to surge.
Growing Environmental Awareness
Environmental concerns are becoming a top priority for governments, businesses, and individuals alike. The need to reduce pollution and protect natural resources has led to increased investment in sustainable and eco-friendly technologies. Coconut Shell Activated Carbon is a natural and renewable resource that offers an environmentally friendly solution for various purification needs. Its high adsorption capacity and ability to remove harmful substances from air and water make it a preferred choice for industries aiming to minimize their environmental footprint.
Stringent Environmental Regulations
Governments worldwide are implementing stricter environmental regulations to combat pollution and protect public health. These regulations often mandate the use of advanced filtration and purification technologies in industries such as water treatment, food and beverage, and pharmaceuticals. Coconut Shell Activated Carbon meets these regulatory requirements by providing a highly effective and sustainable solution for removing contaminants. As a result, industries are increasingly adopting this material to ensure compliance with environmental standards and avoid potential fines or penalties.
3 Coconut Shell Activated Carbon Market Restraints
Limited Availability of Raw Materials
The primary raw material for Coconut Shell Activated Carbon is coconut shells, which are predominantly sourced from tropical regions such as Southeast Asia, Africa, and parts of South America. The limited geographical distribution of coconut trees and the increasing demand for coconut products in other industries (such as food and cosmetics) have led to a shortage of coconut shells. This supply constraint has resulted in higher prices for raw materials, making it more challenging for manufacturers to maintain cost-effective production processes.
Higher Production Costs
The production of Coconut Shell Activated Carbon involves several complex steps, including carbonization and activation, which require specialized equipment and energy-intensive processes. These factors contribute to higher production costs compared to other types of activated carbon. Additionally, the need for high-quality raw materials and stringent quality control measures further increases the overall production expenses. As a result, the final product is often priced higher, which may limit its adoption in price-sensitive markets.
Regional Supply Constraints
The production of Coconut Shell Activated Carbon is concentrated in regions with abundant coconut resources, such as the Philippines, Indonesia, and India. This concentration can lead to supply chain disruptions due to natural disasters, political instability, or changes in local regulations.
4 Global Coconut Shell Activated Carbon Market Size by Type in 2024
Powder Coconut Shell Activated Carbon (PAC) is characterized by its fine particle size, which allows for a larger surface area and enhanced adsorption properties. This type is produced by grinding coconut shell activated carbon into a fine powder, typically passing through a 325-mesh screen. The fine particles of PAC enable it to adsorb contaminants more efficiently, making it ideal for applications requiring high adsorption capacity. PAC is commonly used in water purification, air filtration, and the removal of organic impurities in food and beverage industries. Its versatility and cost-effectiveness make it a popular choice for various industrial processes. In 2024, the revenue generated by Powder Coconut Shell Activated Carbon is projected to be 384.47 million USD.
Granular Coconut Shell Activated Carbon (GAC) is produced in larger particle sizes compared to PAC, typically ranging from 4 to 40 mesh. GAC is known for its durability and ability to withstand high flow rates without significant pressure drop. This type is often used in fixed-bed filters and is suitable for applications where the adsorbent needs to be regenerated or replaced periodically. GAC is widely employed in water treatment plants, wastewater treatment, and air purification systems. Its robustness and longevity make it a preferred choice for long-term filtration solutions. In 2024, the revenue generated by Granular Coconut Shell Activated Carbon is projected to be 547.31 million USD.
Pellets Coconut Shell Activated Carbon (Pellets) are cylindrical particles with a diameter of 0.9 to 8mm. Pellets are created by extruding activated carbon powder into cylindrical shapes, providing a uniform and consistent product. This type is particularly useful in applications requiring a specific flow rate and pressure drop, such as gas-phase adsorption and catalytic support. Pellets are commonly used in the recovery of precious metals, air purification, and as a catalyst support in chemical processes. Their structured form ensures efficient adsorption and easy handling, making them suitable for both industrial and domestic applications. In 2024, the revenue generated by Pellets Coconut Shell Activated Carbon is projected to be 210.71 million USD.
Table Global Coconut Shell Activated Carbon Market Size and Share by Type in 2024
Type | Market Size (M USD) 2024 | Market Share 2024 |
Powder | 384.47 | 33.65% |
Granular | 547.31 | 47.90% |
Pellets | 210.71 | 18.44% |
5 Global Coconut Shell Activated Carbon Market Size and Share by Application in 2024
In the application of portable water purification, Coconut Shell Activated Carbon is used to remove impurities and improve water quality, contributing to a market revenue of 161.88 million USD in 2024. This type of activated carbon is highly effective in adsorbing organic contaminants, chlorine, and other impurities, making it essential for water purifiers and filtration systems. Wastewater purification is another significant application, with a projected revenue of 234.87 million USD in 2024. Here, activated carbon helps in treating industrial and municipal wastewater by removing harmful substances, ensuring compliance with environmental regulations.
Precious metal recovery, particularly gold, is a notable application where Coconut Shell Activated Carbon plays a crucial role. The market revenue for this application is expected to reach 192.47 million USD in 2024. Activated carbon is used to adsorb gold from cyanide solutions, making it an indispensable component in the mining industry. In the food and beverage sector, Coconut Shell Activated Carbon is used to remove organic impurities, odors, and colors, contributing to a market revenue of 164.47 million USD in 2024. This application is vital for ensuring the quality and safety of food products.
Medical use of Coconut Shell Activated Carbon includes treating poisoning and gastrointestinal issues, with a projected revenue of 96.31 million USD in 2024. Its high adsorption capacity makes it effective in binding and removing toxins from the body. Catalyst support is another application where activated carbon is used to enhance the performance of catalysts in chemical reactions, contributing to a market revenue of 84.37 million USD in 2024.
Table Global Coconut Shell Activated Carbon Market Size and Share by Application in 2024
Application | Market Size (M USD) 2024 | Market Share 2024 |
Portable Water Purification | 161.88 | 14.17% |
Wastewater Purification | 234.87 | 20.56% |
Precious Metal Recovery | 192.47 | 16.85% |
Food And Beverage | 164.47 | 14.40% |
Medical Use | 96.31 | 8.43% |
Catalyst Support | 84.37 | 7.38% |
Others | 208.14 | 18.22% |
6 Global Coconut Shell Activated Carbon Market Size by Region in 2024
North America is a significant market for Coconut Shell Activated Carbon, with a projected revenue of 282.39 million USD in 2024. The region’s demand is driven by stringent environmental regulations and a growing focus on water and air purification. Europe, known for its advanced water treatment and environmental policies, is expected to contribute 334.40 million USD in 2024. The European market is characterized by high demand for high-quality activated carbon in water treatment and industrial applications.
China is a rapidly growing market, with a projected revenue of 123.10 million USD in 2024. The demand in China is driven by increasing industrialization and urbanization, which have led to higher demand for water purification and wastewater treatment solutions. The Philippines, a major producer of coconut shell activated carbon, is expected to contribute 38.44 million USD in 2024. The country benefits from abundant coconut resources, making it a key player in the global market.
Figure Global Coconut Shell Activated Carbon Market Size by Region in 2024
7 Major Players in Global Coconut Shell Activated Carbon Market
7.1 Jacobi Carbon AB
Company Profile:
Jacobi Carbon AB is a wholly-owned subsidiary of Osaka Gas Chemical Co., Ltd. (OGC), acquired in 2014. Established in 1916, Jacobi Carbon is headquartered in Sweden with manufacturing sites primarily located in Europe and the Philippines. The company is renowned for its high-quality coconut shell activated carbon products, which are used in various applications, including water treatment, air purification, and precious metal recovery.
Business Overview:
Jacobi Carbon AB is the world’s largest manufacturer of coconut shell activated carbon, offering a comprehensive range of activated carbon products. These products are derived from coconut shell, bituminous coal, lignite, and wood, catering to diverse industrial needs. Jacobi Carbon’s manufacturing facility in the Philippines is one of the largest of its kind globally, emphasizing the company’s commitment to sustainability and quality.
Product Introduction:
Jacobi Carbon AB’s product line includes AddSorb™, a series of specialty impregnated activated carbons designed for vapor applications such as acid gases, basic gases, formaldehyde, mercury, and odor control. The company also offers a wide range of granular, powdered, extruded, spherical, and felt forms of activated carbon, along with ion exchange resins and filter service solutions.
Recent Financial Performance:
In the most recent year, Jacobi Carbon AB reported a revenue of 105.70 million USD with a gross margin of 27.68%.
7.2 Haycarb PLC
Company Profile:
Haycarb PLC, established in 1973, is a leading manufacturer and marketer of coconut shell activated carbon. Headquartered in Sri Lanka, Haycarb operates manufacturing facilities in Sri Lanka, Thailand, and Indonesia. The company is known for its commitment to sustainability and high-quality products, which are used in water treatment, air purification, and various industrial applications.
Business Overview:
Haycarb PLC offers a comprehensive range of standard, washed, and impregnated granular activated carbon, powdered activated carbon, and extruded pellet activated carbon. The company’s products are used across a spectrum of applications, including water treatment, air treatment, gold recovery, food and beverage industries, energy storage, and specialty applications. Haycarb’s global sales network includes marketing subsidiaries in the USA, UK, and Australia.
Product Introduction:
Haycarb’s product portfolio includes a variety of coconut shell activated carbon products, designed to meet specific customer needs. These products are characterized by their high adsorption capacity, purity, and durability, making them suitable for applications ranging from water purification to industrial catalysis.
Recent Financial Performance:
In the most recent year, Haycarb PLC reported a revenue of 84.46 million USD with a gross margin of 24.41%.
7.3 Donau Carbon GmbH
Company Profile:
Donau Carbon GmbH, established in 1915, is a leading company in the activated carbon business. The company is headquartered in Germany with manufacturing sites in the Philippines and Europe. Donau Carbon is known for its innovative products and commitment to sustainability, making it a key player in the global activated carbon market.
Business Overview:
Donau Carbon GmbH offers a wide range of activated carbon products, including powder, granular, and extruded forms. These products are derived from various raw materials such as coconut shell, wood, and coal, and are used in applications ranging from odor control and natural gas treatment to wastewater treatment and food and beverage industries. The company’s manufacturing facility in the Philippines, established in 2011, underscores its commitment to sustainable production and high-quality products.
Product Introduction:
Donau Carbon’s product portfolio includes a variety of activated carbon products, designed to meet specific customer needs. These products are characterized by their high adsorption capacity, purity, and durability, making them suitable for applications ranging from water purification to industrial catalysis.
Recent Financial Performance:
In the most recent year, Donau Carbon GmbH reported a revenue of 59.63 million USD with a gross margin of 27.68%.