Press Release Description

Saudi Arabia Activated Carbon Market to Flourish Amidst the Expansion of Industrial Facilities

The Saudi Arabia Activated Carbon Market is projected to grow at a CAGR of around 6.78% during the forecast period of 2024-30, cites MarkNtel Advisors in the recent research report. The surge in industrialization activities in Saudi Arabia is fueling a robust demand for activated carbon, driven by a convergence of strategic government initiatives & the influx of global companies into the nation's industrial landscape. As part of Vision 2030, the Saudi government is actively promoting economic diversification, aiming to establish over 36,000 industrial units by 2030. This ambitious goal underscores the pivotal role of industrial development in the country's growth.

Further, to attract global investment and expertise, Saudi Arabia has welcomed the expansion of international companies such as Hyundai, PepsiCo, etc., by fostering collaborations that bring advanced industrial processes. With this influx, the need for effective air and water purification in various industrial sectors would intensify, propelling the demand for activated carbon. Moreover, government regulations, aligning with global environmental standards, necessitate stringent measures for pollution control, creating a vital role for activated carbon in mitigating industrial emissions.

Therefore, the Saudi government is making continued efforts to boost the localization of defense, pharmaceuticals, and other non-oil sectors. Thus, these initiatives would widely cater to the demand for activated carbon in the country, further states the research report, “Saudi Arabia Activated Carbon Market Analysis, 2024.”

Saudi Arabia Activated Carbon Market

Saudi Arabia Activated Carbon Market Segmentation Analysis

Powdered & Granular Activated Carbon to Dominate the Market

Based on the type, the Saudi Arabia Activated Carbon Market is further bifurcated into Powdered Activated Carbon, Granular Activated Carbon, Extruded & Pelletized Activated Carbon, and Impregnated Activated Carbon. Among them, the demand for Granular & Powdered Activated Carbon is substantial as the country is increasingly recognizing the importance of water and air purification, driven by rapid industrialization and population growth. Activated carbon is highly effective in removing impurities, pollutants, and contaminants, making it essential for treating water and air in various industrial processes and municipal applications.

Additionally, Saudi Arabia is focusing on environmental sustainability and regulatory compliance, leading to an increased adoption of activated carbon in industries such as water treatment, petrochemicals, refining, and power generation to meet stringent environmental standards. The growing awareness of the health benefits associated with clean water and air further propels the demand for activated carbon in residential and commercial sectors.

Water Treatment is Estimated to Hold a Prominent Share of the Saudi Arabia Activated Carbon Market

Based on end users, the Saudi Arabia Activated Carbon Market is fragmented into Water Treatment, Food & Beverage, Healthcare, Automotive, Industrial Processing, and Others (Cosmetics, Mining, etc.). Among these, the demand for Activated Carbon is experiencing an upswing due to the country's commitment to addressing water quality challenges. Activated carbon's exceptional adsorption capabilities make it a crucial component in water treatment, effectively removing contaminants & improving water quality.

The government's initiatives to enhance water infrastructure & promote efficient water usage amplify the necessity for reliable purification methods, fostering the demand for activated carbon. Moreover, stringent environmental regulations and the desire to mitigate the impact of industrial activities on water resources would continue to drive the adoption of activated carbon for water treatment in various end-user industries.

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market players, including BASF SE, Haycarb Plc, Saudi Water Treatment Company (SWTC), Jacobi Group, BMS Gharbalah Ind. Co., Chemviron, CG Carbon, Western Carbon and Chemicals, Kajah Activated Carbons, Filtron Envirotech, etc., are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the Saudi Arabia Activated Carbon Market?
  3. What key factors would propel and impede the industry in the country?
  4. How has the industry been evolving in terms of geography & product adoption?
  5. How has the competition been shaping across various regions?
  6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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