MARKET OUTLOOK
This report signifies that the Middle East and Africa activated carbon market is likely to showcase revenue growth at a CAGR of 9.54% in the evaluated period 2019-2028. Turkey, Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa form the market in this region.Since the past few years, South Africa is experiencing economic crises, mainly because of currency depreciation and an elevated unemployment rate. This has compelled the government to launch a one-stop-shop program, which is projected to attract new business investments across the country. The activated carbon is used across various industries, including the automotive industry. In the country, the automotive sector is known as one of the vital sectors, contributing to the nation’s GDP. The Automotive Production and Development Program aims to enhance the local production to reach 1-2 million vehicles every year, positively impacting the demand for activated carbon. Hence, such government initiatives open multiple opportunities for the activated carbon market in South Africa.
In Saudi Arabia, the activated carbon market is likely to develop at a steady pace as the government is involved in reforming its economic policies. This step is expected to increase investments across multiple sectors. Moreover, the rising water shortage and government initiatives are predicted to fuel the demand for activated carbon products. For instance, the authorities have invested a substantial amount as long-term capital, mainly for water and sanitation projects. As activated carbon is used in water treatment processes, these initiatives will significantly advance their demand in the future, thereby displaying potential growth for the activated carbon market in the country.
COMPETITIVE OUTLOOK
Some of the enterprises competing in the activated carbon market include Kuraray Co Ltd, Calgon Carbon Corporation, Haycarb Plc, Osaka Gas Co Ltd, Puragen Activated Carbons, Boyce Carbon, and Kureha Corporation.Table of Contents
1. Middle East and Africa Activated Carbon Market - Summary
2. Industry Outlook
3. Middle East and Africa Activated Carbon Market Outlook - by Type (Revenue: in $ Million)
4. Middle East and Africa Activated Carbon Market Outlook - by Raw Material (Revenue: in $ Million)
5. Middle East and Africa Activated Carbon Market Outlook - by Application (Revenue: in $ Million)
6. Middle East and Africa Activated Carbon Market - Regional Outlook (Revenue: in $ Million)
7. Competitive Landscape
8. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Advanced Emissions Solutions Inc
- Albemarle Corporation
- Boyce Carbon
- Cabot Corporation
- Calgon Carbon Corporation
- Carbotech Ac GmbH
- Evoqua Water Technologies LLC
- Haycarb plc
- Jacobi Carbons Ab
- Kuraray Co Ltd
- Kureha Corporation
- Osaka Gas Co Ltd
- Veolia Water Technologies
- Puragen Activated Carbons
Methodology
LOADING...