Indonesia Activated Carbon Market Overview, 2028
In Indonesia, activated carbon is an essential component in a variety of industries, ranging from water and air purification to food and beverage processing. Furthermore, Indonesia's activated carbon industry benefits from the country's skilled labour force. The industry employs a large number of workers, ranging from those involved in the collection and processing of raw materials to those involved in the production and distribution of activated carbon products. Indonesia's labour force is highly skilled, with many workers having years of experience in the industry. Moreover, Indonesia's government has also implemented policies to support the growth of the country's activated carbon industry. The government offers tax incentives and other benefits to companies that invest in research and development, production, and marketing of activated carbon products. This has helped attract foreign investment and support the growth of the local activated carbon industry. In addition, Indonesia's activated carbon industry has been increasingly focused on sustainability and environmental responsibility. Many companies have adopted sustainable practises in their production processes, such as utilizing renewable energy sources and minimizing waste. The Indonesian government has also implemented regulations aimed at reducing carbon emissions and protecting the environment, which has led to increased demand for sustainable activated carbon products.
According to the research report ""Indonesia Activated Carbon Market Overview, 2028,"" published by Bonafide Research, the Indonesia Activated carbon market was valued at more than USD 1.15 Billion in 2022. 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 Indonesia 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 materials, the market is divided into coal-based, coconut shell-based, wood-based, and others. Among them, coal-based activated carbon has the highest market share in Indonesia due to the abundance of coal resources in the country. Moreover, coal-based activated carbon is also preferred in Indonesia due to its lower cost compared to other raw materials such as coconut shell or wood. Coal-based activated carbon production is more cost-effective due to the high carbon content of coal and its easy availability. However, coconut shell-based activated carbon is expected to have the highest CAGR during the forecast period. Coconut shell-based activated carbon has superior adsorption properties compared to other raw materials, such as coal or wood-based activated carbon. It has a higher surface area, which results in a greater number of pores and a higher adsorption capacity. This makes it more effective in applications such as water treatment, air purification, and the purification of various chemicals. Moreover, the Indonesian government has implemented policies and regulations to promote the use of renewable and sustainable resources, which has contributed to the growth of the coconut shell-based activated carbon market in the country.
There have been several technology expos and exhibitions held in Indonesia that focus on activated carbon and related technologies. One of the notable events is the Indo Water Expo and Forum, which is the largest water and wastewater event in Indonesia. The event showcases various technologies and solutions related to water treatment, including activated carbon. Furthermore, there is the Indo Air and Water Show, which is a platform for industry players to showcase their latest products and services related to air and water purification technologies, including activated carbon. Moreover, some other technology expos related to activated carbon in Indonesia include Indo Water Tech, Indo Waste Tech, the Indo Waste & Recycling Expo and Forum, Indo Renergy, Indo Airtech, Indo Defence, Indo Defence Technology, and many more.
Start-ups:
• EnviGreen Indonesia: This start-up specializes in producing eco-friendly products, including activated carbon, from agricultural waste. Their products are marketed as sustainable alternatives to conventional products that rely on non-renewable resources.
• Carbon Holdings Indonesia: This company provides activated carbon products and services for various applications, including water treatment, air purification, and gold recovery. They also offer consulting services related to activated carbon technology.
• PT Activated Carbon Indonesia: This company produces activated carbon products for various industrial applications, including water treatment, food and beverage, and pharmaceuticals. They also offer custom-made products based on the specific requirements of their clients.
• PT Carbon Asia Mandiri: This start-up produces activated carbon products for various applications, including air and water purification, gold recovery, and odor control. They also offer consulting services related to activated carbon technology and applications.
Considered in this report
• Geography: Indonesia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• Indonesia 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 audienceThis 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.