Argentina Activated Carbon Market research report, 2028

Activated carbon is commonly used in Argentina for various applications, including water and air purification, food and beverage processing, and gold mining. The demand for activated carbon in Argentina is driven by the growing industrial sector and increasing environmental regulations. Argentina has a diverse market for activated carbon, with both domestic and international manufacturers operating in the country. Furthermore, activated carbon is widely used in the purification of wine and beer in Argentina, due to the country's rich wine-making tradition. Activated carbon is used to remove unwanted tastes, colours, and impurities from wine and beer, improving the overall quality of the final product. Moreover, Argentina is a major producer of agricultural commodities such as soybeans, corn, and sunflower seeds. These crops are often treated with pesticides and other chemicals, which can contaminate the air and water used in agricultural processes. Activated carbon is used in the purification of air and water to remove these contaminants, ensuring the safety and quality of the crops. In addition, Argentina is also a significant producer of natural gas, and activated carbon is used in the purification of natural gas to remove impurities such as sulphur compounds. This is particularly important for ensuring the quality of natural gas used in industrial processes. Furthermore, the high levels of air pollution in major cities such as Buenos Aires and Cordoba have led to increased demand for activated carbon in air purification applications. Activated carbon is used to remove harmful pollutants such as volatile organic compounds (VOCs) and nitrogen oxides (NOx) from the air, improving air quality and public health. According to the research report "Argentina Activated Carbon Market research report, 2028," published by Actual Market Research, the Argentina activated carbon market was valued at more than USD 8 Million in 2022. As the population grows, so does the demand for clean and safe drinking water. Activated carbon is widely used in water treatment processes to remove impurities, pollutants, and contaminants from water, making it safe for consumption. As such, the increasing demand for clean drinking water is expected to drive the growth of the activated carbon market in Argentina. Furthermore, air pollution is indeed a growing concern in urban areas in Argentina, particularly in cities such as Buenos Aires, Cordoba, Rosario, and Mendoza. The country's reliance on fossil fuels, coupled with the rapid growth of urban areas and an increase in vehicular traffic, has led to the deterioration of air quality in these regions. In addition, the increasing awareness of the adverse health effects of air pollution is driving the demand for air purification systems in the residential, commercial, and industrial sectors. The Argentine government has also implemented several initiatives to combat air pollution, including the National Air Quality Monitoring Network and the Buenos Aires Clean Air Programme, which mandates the installation of air purifiers in government buildings and public transport vehicles. Based on product type, the market is divided into powdered activated carbon, granular activated carbon, extruded or pelletized activated carbon, and others. Powdered activated carbon is the most popular product category in the Indonesia activated carbon market, accounting for the major share of market share in 2022. Due to its fine particle size, powdered activated carbon is easier to handle than other forms of activated carbon, such as GAC, extruded activated carbon, or pelletized activated carbon. Furthermore, the market is divided into two stages: liquid and gas. The Argentina activated carbon market is dominated by liquid-phase activated carbon. Environmental regulations governing the discharge of contaminants into waterways drive the demand for liquid-phase activated carbon. By removing pollutants from wastewater streams, liquid-phase activated carbon can assist industrial facilities in meeting these regulations. Furthermore, water treatment, air purification, food and beverage processing, automotive, pharmaceuticals, and other end-use applications drive the Indonesia activated carbon market. The market is dominated by the water treatment segment. In water treatment, activated carbon is commonly used to remove impurities and contaminants from drinking water, wastewater, and industrial process water. Based on Raw material the market is divided into Coal Based, Coconut Shell Based, Wood Based and others. Coal-based activated carbon has the highest market share in Argentina due to several factors. Firstly, Argentina has abundant coal reserves, which make it a cost-effective raw material for the production of activated carbon. Furthermore, there has also been a growing trend towards the use of sustainable and renewable raw materials for the production of activated carbon in Argentina. However, the high cost and limited availability of these materials mean that coal-based activated carbon continues to dominate the market. In addition, the production of coal-based activated carbon is concentrated in several regions of Argentina, including the provinces of Santa Fe, Buenos Aires, and Cordoba. These regions are home to several large manufacturers of activated carbon who rely on locally sourced coal for their production processes. However, In Argentina, the demand for coconut shell-based activated carbon is increasing due to its environmentally friendly nature, high adsorption capacity, and lower ash content compared to other raw materials. This trend is expected to continue during the forecast period, leading to a higher CAGR for coconut shell-based activated carbon. Additionally, coconut shells are a readily available raw material in Argentina, as the country is a significant producer of coconut oil and other coconut products. Furthermore, the growth of this market segment is expected to be particularly strong in urban areas such as Buenos Aires, Córdoba, and Rosario, where the demand for clean air and water is high. There are several restraints that affect the growth of the activated carbon market in Argentina. One of the significant restraints is the high cost associated with the production and transportation of activated carbon. The cost of raw materials and energy needed to manufacture activated carbon is high, and transportation costs can also be significant. This can make activated carbon products expensive and less accessible to some consumers and industries. Furthermore, another restraint is the lack of awareness of the benefits of activated carbon among the general public and some industries. Many people are not aware of the various applications of activated carbon or its ability to remove impurities and contaminants. This lack of awareness can limit the demand for activated carbon products. In addition, the environmental regulations and policies in Argentina can also be a restraint. The regulatory requirements for the production and use of activated carbon can be stringent and can increase the cost of production, making it difficult for manufacturers to compete in the market. Furthermore, the competition from alternative products and technologies can also be a restraint for the activated carbon market. Other technologies such as membrane filtration, ion exchange, and ultraviolet disinfection are gaining popularity and may replace the use of activated carbon in some applications. Considered in this report • Geography: Argentina • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Argentina Activated Carbon market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product type: • Powdered Activated Carbons (PAC) • Granular Activated Carbons (GAC) • Extruded or Pelletized Activated Carbon • Others (Pellet Shaped, Bead Shaped, Impregnated Carbon, Polymer Coated Carbon, etc.) By Raw Material Type: • Coal Based • Coconut Shell Based • Wood Based • Others (Petroleum Pitch, etc.) By Phase Type: • Liquid Phase • Gas Phase By End –user Type: • Water Treatment • Food & Beverage Processing • Pharmaceutical & Medical • Automotive • Air Purification • Others (Gold Treatment, Respirators, Solvency Recover, Mining, Industrial Chemicals, etc.) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Activated Carbon industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.