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Coconut Shell Powder Market to Reach $588.4 Million by 2031, Growing at 7.6% CAGR
![According to a new report published by Allied Market Research, titled, โCoconut Shell Powder Market," The coconut shell powder market was valued at $286](https://img.einnews.com/ampsize/420788/coconut-shell-powder-market.png)
Increasing demand for versatile coconut shell powder across industries drives market growth, led by applications in activated carbon and industrial processes.
WILMINGTON,NEW CASTLE, DELAWARE, UNITED STATES, July 10, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โCoconut Shell Powder Market," The coconut shell powder market was valued at $286.70 million in 2021, and is estimated to reach $588.4 million by 2031, growing at a CAGR of 7.6% from 2022 to 2031.
๐๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ : https://www.alliedmarketresearch.com/request-sample/32084
Coconut shell powder is made from the most organic and versatile part of the coconut - the shell. In general, coconut shell is known for its high toughness, excellent durability, increased abrasion resistance, and longer life. The shell's chemical composition is similar to that of hard wood, with the exception of higher lignin and lower cellulose content.
Coconut shell powder, derived from the tough and durable part of coconuts, has gained popularity for its versatility and various applications across industries. Known for its high toughness and chemical composition similar to hard wood, coconut shell powder is used in insect repellents, activated carbon, extenders, fillers, and more. The market is experiencing growth due to increased demand for activated carbon in diverse applications, including water treatment, nuclear, and mining.
Coconut shell flour is made from the shells of fully matured nuts that have been cleaned completely of pithy matter and ground into crumbs. These pieces are subjected to continuous grinding in grinding mills, and the ground mass is finally thrown out in various mesh sizes after passing through cyclones and vibratory sieves with phosphor-bronze mesh.
๐๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ:
๐ก๐๐๐ญ๐ข๐ฏ๐๐ญ๐๐ ๐๐๐ซ๐๐จ๐ง ๐๐๐ ๐ฆ๐๐ง๐ญ: The activated carbon segment is a significant driver, fueled by government regulations and increased demand for activated carbon in various applications, such as water treatment and mercury removal.
๐ก๐๐ฉ๐๐๐ข๐๐ฅ๐ข๐ณ๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ซ๐จ๐๐๐ฌ๐ฌ ๐๐๐ญ๐๐ซ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ: Growing applications in specialized industrial process water treatments contribute to market expansion.
๐๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐ก๐๐๐ฌ๐ก ๐๐ข๐ณ๐: Segmented into 80 mesh and 200 mesh, with the 200โ300 mesh segment holding a significant market share.
๐ก๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง: Includes insect repellent, activated carbon, extender and filler, absorbent, among others. The extender and filler segment is expected to show notable growth.
๐ก๐๐๐ฅ๐๐ฌ ๐๐ก๐๐ง๐ง๐๐ฅ: Divided into offline and online sales channels, with offline sales dominating the market.
๐๐๐ง๐ช๐ฎ๐ข๐ซ๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A31634
Various machines and equipment are used to manufacture coconut shell powder, including crushing and pulverizing equipment. Machines and equipment are designed and manufactured to provide maximum efficiency to end-user industries. These crushing and pulverizing machines are used to reduce the size of coconut shells and turmeric. A mesh size of 80-100 mesh is appropriate for thermo set moulding powder, whereas 230-240 mesh is required for synthetic resin glues. Furthermore, the activated carbon segment gained significant popularity in the coconut shell powder market. Government restrictions and rising need for activated carbon for a range of applications, including nuclear and mining, are important drivers of the coconut shell powder market's expansion worldwide. Furthermore, it is anticipated that the market would see development in specialized industrial process water applications. The usage of activated carbon in water treatment and mercury removal facilities is also driving up demand for the material, which in turn is spurring the market for coconut shell powder.
๐๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ:
๐ก๐๐๐ฌ๐ก ๐๐ข๐ณ๐ ๐๐ซ๐๐๐๐ซ๐๐ง๐๐: The 200โ300 mesh segment is anticipated to sustain its market share, driven by its suitability for applications like thermoset molding powder.
๐ก๐๐ฑ๐ญ๐๐ง๐๐๐ซ ๐๐ง๐ ๐ ๐ข๐ฅ๐ฅ๐๐ซ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง: The extender and filler application is witnessing growth due to the use of coconut shell powder in adhesive and sealant formulations, particularly in concrete manufacturing.
๐ก๐๐๐๐ฅ๐ข๐ง๐ ๐๐๐ฅ๐๐ฌ: The offline sales channel, involving direct sales to consumer sectors like those producing activated carbon, is a major contributor to the market.
๐๐๐๐ฅ๐ค ๐ญ๐จ ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ : https://www.alliedmarketresearch.com/connect-to-analyst/A31634
๐๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
๐ก๐๐ฌ๐ข๐-๐๐๐๐ข๐๐ข๐ ๐๐จ๐ฆ๐ข๐ง๐๐ง๐๐: Asia-Pacific holds a significant share in the global market, driven by rapid industrial expansion and the use of coconut shell powder in various industries.
High coconut production in countries like Indonesia, India, and the Philippines contributes to market growth.
The coconut shell powder market is segmented into mesh size, application, sales channel, and region. On the basis of mesh size, the market is categorized into 80 - 100 Mesh and 200 - 300 Mesh. As per application, it is segregated into insect repellent, activated carbon, extender and filler, absorbent, and others. According to sales channel, it is segmented into offline and online.
๐ก๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Companies such as New Century Vietnam Organic Company Ltd., OHM Trishul Bio Process, Rich Moon Co., Ltd., and others are adopting strategies like product launches and business expansion to increase market share.
๐๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ : https://www.alliedmarketresearch.com/checkout-final/4164db0492df6d77ad27d26e316def10
The coconut shell powder market is thriving due to its versatile applications, with activated carbon playing a key role. The market is expected to witness significant growth in mesh size preferences, applications like extender and filler, and through offline sales channels, particularly in the Asia-Pacific region.
๐ ๐๐๐จ๐ฎ๐ญ ๐๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.
We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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