Turkey Activated Carbon Market Research Report: Forecast (2024-2030)

Market Definition

Activated carbon is usually made from coal, wood, etc., and due to their large surface area, they have been often useful in water purification & filtration. They are known to remove a range of contaminants like pollutants, odors, organic chemicals, etc.

Market Insights & Analysis: Turkey Activated Carbon Market (2024-30):

The Turkey Activated Carbon Market size is valued at USD 39.88 thousand in 2023 & is projected to grow to USD 73.81 thousand in 2030. The market is also estimated to grow at a CAGR of around 8.95% during the forecast period, i.e., 2024-30. In Turkey, the growth of allied industrial sectors like manufacturing in the automotive, chemical, cosmetics, etc., sectors have driven the demand for activated carbon. With the growth in industrial sectors, the demand for water treatment solutions also improved across the country in recent years. As the role of activated carbon is prominent in the water treatment process, it covers filtration & removal of organic chemicals, odors, etc., its adoption has increased in the recent past years. Apart from application in the water treatment process, adoption has also risen with respect to its usage as a raw material in the manufacturing process across several manufacturing sectors, such as cosmetics and pharmaceuticals.

Moreover, a growth in the number of healthcare units has been noticed during the past two years as the government is taking adequate measures to strengthen the healthcare infrastructure of Turkey. Many new hospitals have opened in the country over the years that have been providing access to healthcare services with ease to patients from various parts of the country. Due to this, the demand for activated carbon has also been intensified across this sector, majorly as they come into significant use for the treatment of conditions like drug overdose and several gastrointestinal disorder treatments. Hence, the growth in adoption across the healthcare sector has amplified.

Furthermore, the establishment of the food & beverage manufacturing sector is also growing across the country in recent years. Consumers across Turkey are actively joining the workforce, specifically women, thus, the demand for ready-to-eat processed food is amplifying. Apart from this, with the growth in the tourism sector along with the expansion of hospitality, restaurants, and food service sector, the demand for food & beverage products further accelerated. Hence, this is resulting in the need for simultaneous growth in food & beverage manufacturing in current years across Turkey.

As several food & beverage manufacturing units are expanding across Turkey to cater to this growing demand, the production in the sector has improved. Thus, this would further improve the demand for activated carbon required for the treatment of water used across this industry. Consequently, it would help in the market growth of activated carbon in Turkey in the forecast years.

Turkey Activated Carbon Market Driver:

Increasing Mining Activities – The continuous increment in mining activities has been a significant driver for the Activated Carbon Market in Turkey. Over recent years, Turkey has witnessed a steady rise in mining operations across various sectors, including coal, metals, and minerals. This ongoing expansion has been propelled by the country's rich geological resources & increasing industrial demands. Hence, as mining activities require effective purification solutions, particularly in wastewater treatment and ore processing, where activated carbon plays a crucial role in removing impurities, its demand has escalated substantially over the historical years.

Furthermore, there are several upcoming mining projects as well that have been announced recently in Turkey. Thus, the continuous growth in mining activities is projected to further amplify the demand for activated carbon for environmental compliance in the sector in the forecast years.

Turkey Activated Carbon Market Opportunity:

Establishment of Local Battery Manufacturing Plants – Recently, developing local battery production facilities is most likely to boost the demand for activated carbon in the sector. With Turkey’s government showing interest in independence from imports and sustainability of its energy, it came up to be necessary to establish domestic production of batteries. In 2023, the government of Turkey opened a dedicated facility in battery production for powering its first vehicle designed at home and furthering the cause of energy storage.

Another goal of the initiative is to make Turkey one of the significant centers in Europe regarding electric vehicle technologies, like the development of infrastructure for charging, manufacturing of batteries, and electric vehicles. Therefore, these future plants producing batteries would boost the demand for activated carbon in the near future due to its large surface area and porosity, which makes it an ideal material to enhance the performance & efficiency of energy storage devices.

Turkey Activated Carbon Market Challenge:

Supply Chain Disruptions Driven by Natural Disasters – Turkey, in recent years, has been facing substantial challenges with natural disasters like earthquakes, wildfires, floods, etc. These natural disasters were observed to heavily affect the transportation infrastructure in the country. Several roads, marine routes, and air transport services have been observed to be affected by these natural disasters.

Further, Turkey has also been largely dependent on imports of activated carbon, owing to the limited local production capacities. Hence, with heavily affected transportation infrastructure, the supply of activated carbon was also affected, creating a supply-demand gap in the market. Therefore, this has emerged as a market challenge for the growth of the Turkey Activated Carbon Market.

Turkey Activated Carbon Market Trend:

Increment in Cosmetic Production Capacities – Over the last couple of years, there has been a significant surge in demand for cosmetic products in various parts of Turkey, mainly supported by the presence of a higher youth population across the country. The younger population of the country has been actively shifting toward the adoption of skincare, makeup, and other self-care products in recent years. With this growth in cosmetic product demand, international companies are showing interest in scaling up their production capacity in Turkey to capture the upcoming demand.

Also, tourism activities have improved in the country, which has further been driving demand for cosmetic products for different skin types. Consequently, with this market trend, demand for activated carbon has tremendously increased during the last few years, as they have been actively used as a raw material in the production of several cosmetics. Additionally, the use of activated carbon is not limited to raw materials only, as they have also been used in the treatment of water and wastewater across the facilities of cosmetic production.

Likewise, in 2024, Farmasi inaugurated Europe's largest integrated cosmetic production facility in Ömerli, Istanbul, featuring the new FarmasiCity Plaza. These plans for the expansion of production and sales of cosmetic products in Turkey would improve the demand for activated carbon in the coming years as well, owing to its effectiveness in enhancing product quality.

Turkey Activated Carbon Market (2024-30): Segmentation Analysis

The Turkey Activated Carbon Market study by MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment & includes predictions for the period 2024-2030 at the national level. As per the analysis, the market has been further classified as:

Based on Source:

• Coconut
• Wood
• Coal
• Others (Peat, Nutshell, etc.)

Coal has gained a prominent market share as a source for the production of activated carbon across Turkey. Coal-derived activated carbon is often low-priced, as compared to activated carbon derived from other sources, which has substantially amplified its usage across Turkey’s industrial sector. Also, coal-derived activated carbon has been observed to be efficient in the treatment of wastewater, owing to this, the demand for these has improved.

Furthermore, in recent years, the establishment of several manufacturing facilities has grown across the country, driven by supportive government efforts for the expansion of industrial activity. Hence, with this, the demand for coal-derived activated carbon has further enhanced across these industrial facilities, mainly for water & wastewater treatment purposes.

Based on End Users:

• Water Treatment
• Food & Beverage
• Healthcare
• Automotive
• Industrial Processing
• Others (Cosmetic, Mining, etc.)

The Water Treatment sector had a considerable share in the Turkey Activated Carbon Market and is projected to grow at a CAGR of 5.99% during 2024-2030. This has been primarily due to the growing requirement for freshwater across the country that needs to be supplied across residential and commercial sectors. With the prominent development of residential units in urban areas of the country, the demand for the establishment of water treatment facilities also improved to supply freshwater.

In addition, there has been significant establishment of commercial spaces across the urban areas of Turkey. These include hospitals, malls, restaurants, education centers, etc., which also require a fresh supply of water. Hence, these facilities further amplified the development of water treatment plants in recent years. Consequently, this would further drive the demand for activated carbon from these newly established water treatment facilities, thus creating a growth prospect for the market.

Turkey Activated Carbon Market Recent Development:

• 2024: Huamei Activated Carbon. Co., Ltd., announced that it has shipped 26 tons of activated carbon coal-based pellets to Turkey to a client involved in the manufacturing of cartridge filters and panel filters.  

Gain a Competitive Edge with Our Turkey Activated Carbon Market Report

• Turkey Activated Carbon Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
• This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
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