Mexico Activated Carbon Market research report, 2028

The activated carbon market in Mexico is in high demand for water treatment applications. With increasing concerns about water pollution and scarcity, there is a growing need for effective and sustainable water treatment solutions. Activated carbon is widely used in water treatment processes to remove impurities, odours, and contaminants, making it an important product in the industry. Furthermore, apart from water treatment and the food and beverage industries, activated carbon is also used in air purification applications. The air pollution in Mexico is a major problem, and activated carbon is used to remove pollutants such as volatile organic compounds (VOCs), odours, and fumes. Activated carbon filters are used in air purifiers, HVAC systems, and industrial applications to improve indoor air quality. Moreover, the activated carbon market in Mexico is characterized by innovation and technological advancements. Manufacturers are constantly investing in research and development to improve product quality, increase efficiency, and reduce costs. For instance, the development of new types of activated carbon, such as activated carbon fibre (ACF), has expanded the application scope of activated carbon in various industries. In addition, the COVID-19 pandemic had a mixed impact on the activated carbon market in Mexico. While the demand for water treatment and air purification applications remained strong, the demand for activated carbon in some industries, such as automotive and oil and gas, declined due to the economic slowdown. However, the market is expected to recover in the post-pandemic period, driven by the growing demand for sustainable and eco-friendly products. According to the research report "Mexico Activated Carbon Market research report, 2028," published by Actual Market Research, the Mexico Activated Carbon market is expected to grow at around 5% CAGR from 2023 to 2028. The Mexican activated carbon market is classified into coal-based, coconut shell-based, wood-based, and others based on the raw material used in its production. The Mexican activated carbon market is dominated by coal-based activated carbon. Mexico has significant reserves of high-quality coal, which is a key raw material for the production of activated carbon. The availability of raw materials at competitive prices makes coal-based activated carbon a popular choice for manufacturers. Some of the major cities where coal-based activated carbon is highly used include Mexico City, Monterrey, Guadalajara, Tijuana, and Ciudad Juarez. These cities have a strong industrial presence and a high demand for coal-based activated carbon in various applications such as water treatment, air purification, and food and beverage processing. Furthermore, coconut shell-based activated carbon has the highest CAGR during the forecast period. The Mexican government has implemented several policies to promote the use of sustainable and eco-friendly products, including coconut shell-based activated carbon. This has led to the development of new technologies and processes that make the production of coconut shell-based activated carbon more cost-effective and efficient. Based on product type, the market is segmented into powdered activated carbon, granular activated carbon, extruded or pelletized activated carbon, and others. Powdered activated carbon is a popular product category in the global activated carbon market, with the largest market share expected 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 phases: liquid and gas. The global 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. In addition, Water treatment, air purification, food and beverage processing, automotive, pharmaceuticals, and other end-use applications drive the global activated carbon market. The water treatment segment has the largest market share. In water treatment, activated carbon is commonly used to remove impurities and contaminants from drinking water, wastewater, and industrial process water. The pharmaceutical industry in Mexico is expanding, and activated carbon is used in the production of several pharmaceutical products, including drugs for gastrointestinal disorders, kidney diseases, and poisoning. This is expected to drive the demand for activated carbon in the coming years. Furthermore, activated carbon is used in the automotive industry to reduce emissions and improve fuel efficiency. As the automotive industry continues to grow in Mexico, the demand for activated carbon is also expected to increase. Moreover, companies in the activated carbon market in Mexico are investing in research and development to develop new products and technologies. This includes the development of new raw materials as well as the use of nanotechnology and other advanced technologies to improve the properties of activated carbon. In addition, activated carbon is used in air purifiers to remove pollutants and improve indoor air quality. As more people in Mexico become aware of the health risks of air pollution, the demand for air purifiers and activated carbon filters is expected to increase. The Mexican government has established several regulatory frameworks related to the use of activated carbon in various industries. For example, the Ministry of Environment and Natural Resources (SEMARNAT) has established guidelines for the use of activated carbon in water treatment and air purification systems, and the Ministry of Health has established regulations related to the use of activated carbon in food and beverage production. Furthermore, the Mexican government has shown a growing interest in promoting the development of clean technologies, including the use of activated carbon for carbon capture and storage. In 2020, the government announced plans to establish a national carbon offset market to incentivize companies to reduce their carbon emissions. Moreover, the Mexican government has also implemented several programmes aimed at promoting innovation and entrepreneurship in the country, including the National Entrepreneurship Programme (PRONACE) and the National Institute of Entrepreneurship (INADEM). These programmes provide funding and support for start-ups and small businesses, including those involved in the activated carbon industry. • Geography: Mexico • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Mexico 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.