In 2022, the Coca Cola Company launched Fuze iced tea in France, i.e., based on fruit juices, plant flavorings, & tea extracts.
According toMarkNtel Advisorsstudy, TheTurkey Activated Carbon Marketsize 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.
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.
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Market Challenge: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 Key Players:
Haycarb Plc, CarboTech, Chemviron, Donau Carbon, Jacobi Carbons, Carbon Activated Corporation, Western Carbon & Chemicals, Pame Carbon, Aktif Karbon Turkiye, Huamei Activated Carbon Co., Ltd., and Otherss
Market Segmentation Overview:
By Type
– Powdered Activated Carbon
-Granular Activated Carbon
-Extruded & Pelletized Activated Carbon
-Impregnated Activated Carbon
By Source
-Coconut
-Nutshell-
-Coal
-Others (Peat, Wood, 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.
By Application
-Water Treatment
-Air & Gas Purification
-Food & Beverage
-Metal Extraction
-Medical & Pharmaceutical
-Others (Solvent Recovery, etc.)
By End User
-Water Treatment
-Food & Beverage
-Healthcare
-Automotive
-Industrial Processing
-Others (Cosmetic, Mining, etc.)
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By Region
- East
- West
- North
- South
- Central
Note: If you require specific information not covered in the current report, we can provide it throughcustomized option
Explore Related Reports: –
Turkey Tire Market –https://www.marknteladvisors.com/research-library/turkey-tire-market-analysis.html
Global Activated Carbon Market –https://www.marknteladvisors.com/research-library/activated-carbon-market.html
Saudi Arabia Activated Carbon Market –https://www.marknteladvisors.com/research-library/saudi-arabia-activated-carbon-market.html
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