Gulf Cooperation Council Activated Carbon Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

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Gulf Cooperation Council Activated Carbon Market - Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : October, 2019 | Chemical & Materials | PPT format

Report Digest


Gulf Cooperation Council Activated Carbon Market: Overview 

The growth of the gulf cooperation council activated carbon market hinges on to advancements in the chemical and energy industries. The Gulf Cooperation Council (GCC), consisting of Middle Eastern countries, has initiated several projects related to energy conservation and sustainability. The member nations of this council are focusing on reviving their economy by reducing dependency on oil resources. Furthermore, several Middle Eastern nations have made a tryst to fortify the renewable energy sector of the region. As the energy sector across the region flourishes, the demand for activated carbon shall increase. Furthermore, the earnest efforts of national governments to heed to the stipulations of the council shall also aid market growth. 

The gulf cooperation council activated carbon market shall gather voluminous revenues as pollution treatment becomes a priority across the Middle East. The use of activated carbon is not restricted to a particular industry, and touches the periphery of multiple areas such as chemicals, energy, healthcare, and pharmaceuticals. Presence of a seamless sector for chemical management and application has played an integral role in market growth. The gulf cooperation council activated carbon market could fetch in revenues from an array of streams in the years to follow. 

Governments of the GCC countries are showing a proclivity towards non-oil investments. Oil-rich countries are revamping their economic policies to facilitate diversity-led transformations in the economy. This trend has given a boost to the growth of several niche markets such as the gulf cooperation activated carbon market. 

A syndicate report on the gulf cooperation council activated carbon market gives a descriptive account of the forces that have aided market growth. The gulf cooperation council activated carbon market can be segmented on the basis of the following parameters: type, application, end-user, and region. Based on type, powdered carbon shall gain popularity in the years to follow. 

Gulf Cooperation Council Activated Carbon Market: Notable Developments 

Reconciliations in policies across the GCC have led to several notable developments in recent times. 

  • A recent research found that the Internal Air Quality (IAQ) is a factor that has largely been ignored in the Middle East. This research has led governments and planners to induct core technologies for improving IAQ. The use of activated carbon filters for air purification is a prominent trend across the Middle East. The vendors in the gulf cooperation activated carbon can capitalise on such opportunities floating in the market. 
  • Carbon Activated Corporation has emerged as prominent provider of active carbon. The company focuses provides onsite services to a number of entities in the Middle East. Regeneration of used active carbon is amongst the most distinct operations of the company. 

Some of the leading players in the gulf cooperation council activated carbon market are: 

  • MeadWestvaco Corp.
  • Donau Chemie Group
  • Kuraray
  • Haycarb PLC, Jacobi Carbons
  • Calgon 

Gulf Cooperation Council Activated Carbon Market: Growth Drivers 

  • Use of Active Carbon in the Oil Industry 

The stellar size of the oil and gas industry across the Middle East has given a thrust to the growth of the gulf cooperation council activated carbon market. The use of activated carbon is spill clean-up, pilot testing, and groundwater remediation has played an integral role in market growth. Furthermore, the need for wastewater purification across oilrigs has also pushed growth across the gulf cooperation council activated carbon market. 

  • Advancements in the Pharmaceutical Industry 

The pharmaceutical industry has emerged as a key end-user of activated carbon. The need for testing and experimentation in the pharma industry has played a key role in market growth. Furthermore, drug development and testing is the most important component of the industry. This factor has also led to increased use of activated carbon. 

The gulf cooperation council activated carbon market is segmented by: 

  • Type 
    • Powdered
    • Granular
    • Other 
  • Application 
    • Liquid Phase
    • Gas Phase 
  • End Use 
    • Water Treatment
    • Refinery
    • Food & Beverage Processing
    • Pharmaceuticals & Medical
    • Air Purification
    • Precious Metal Recovery
    • Sewage Treatment
    • Others

The study presents reliable qualitative and quantitative insights into:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand chain of the market
  • Market valuation (revenue and/or volume)
  • Key trends/opportunities/challenges
  • Forces defining present and estimated future state of the competitive landscape
  • Technological developments
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.

Highlights of the report:

  • A detailed analysis of key segments of the market
  • Recent developments in the market’s competitive landscape
  • Detailed analysis of market segments up to second or third level of segmentation
  • Historical, current, and projected future valuation of the market in terms of revenue and/or volume
  • Key business strategies adopted by influential market vendors
  • Outline of the regulatory framework surrounding and governing numerous aspects of the market
  • Growth opportunities in emerging and established markets
  • Recommendations to market players to stay ahead of the competition

Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.

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