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Wood activated carbon or wood-based activated carbon is obtained from selective type of wood and sawdust. This type of activated carbon is produced by phosphoric acid activation or steam activation. The macro and meso pores in the wood activated carbon help in decoloration of liquids and water. It is highly employed for water treatment, surface and wastewater treatment, food and beverages decoloration and other applications.
Growing demand for wood activated carbon for water treatment attributed to its non-toxicity, lower carbon content, high porosity, lower content of impurities and others is expected to drive the market growth. Several economies are facing the issue of lack of clean drinking water and water pollution. Increase in water-purification activities in such economies shall aid market growth. Moreover, stringent regulations imposed by government organizations regarding the concentration of inorganic salts and disinfectants in drinking water shall significantly drive demand for wood activated carbon.
However, there are environmental concerns regarding deforestration. Forests are the main source for wood and are highly exploited to obtain charcoal. This is expected to act as limiting factor for market growth.
Key Market Driver -
Growing demand from water treatment application.
Key Market Restraint -
Environmental concerns regarding deforestration.
Based on form, market is segmented into granular and powdered. Based on end-user, market is segmented into air treatment, water treatment, pharmaceuticals, food & beverages, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The global Wood Activated Carbon market consists of global & regional players operating. Some of the key players in the market include Acuro Organics Ltd, Chemtex Speciality Ltd, EUROCARB, Induceramic, Jacobi Carbons, Kuraray Co., Ltd, Fujian Zhixing Activated Carbon Co.Ltd., Cabot Corporation, D&R Corporation, and others.
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia pacific is expected to hold the largest share in market in terms of production as well as consumption. Rapid industrialization coupled with high demand for food and beverages shall drive the market growth. North America is expected to show significant growth attributed to the stringent rules regulating the standards of clean potable water. Europe is expected to show considerable growth owing to the demand from surface and water treatment applications. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.
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