Bio-lubricants Market End-use Industry, By Others
Global Activated Carbon market [2015-2023] by Asia Pacific
By Asia Pacific, the market is segmented into Asia Pacific, China, Indonesia, India, Japan, South Korea, Rest of Asia Pacific, and Australia and New Zealand (2015-2023)
| Label | Asia Pacific | China | Indonesia | India | Japan | South Korea | Rest of Asia Pacific | Australia and New Zealand |
|---|---|---|---|---|---|---|---|---|
| 2015 | 1683.8 USD Mn | 705.6 USD Mn | 116.9 USD Mn | 229 USD Mn | 362.3 USD Mn | 137.2 USD Mn | 52.6 USD Mn | 80.4 USD Mn |
| 2016 | 1836.4 USD Mn | 785.1 USD Mn | 126.7 USD Mn | 255.3 USD Mn | 382.9 USD Mn | 146.9 USD Mn | 55.1 USD Mn | 84.5 USD Mn |
| 2017 | 2003.7 USD Mn | 872.7 USD Mn | 137.4 USD Mn | 284.7 USD Mn | 404.9 USD Mn | 157.4 USD Mn | 57.7 USD Mn | 88.8 USD Mn |
| 2018 | 2190.8 USD Mn | 971 USD Mn | 149.4 USD Mn | 318.2 USD Mn | 429 USD Mn | 169 USD Mn | 60.6 USD Mn | 93.5 USD Mn |
| 2019 | 2400.2 USD Mn | 1081.2 USD Mn | 162.7 USD Mn | 356.4 USD Mn | 455.5 USD Mn | 181.8 USD Mn | 63.8 USD Mn | 98.7 USD Mn |
| 2020 | 2631.8 USD Mn | 1203.7 USD Mn | 177.3 USD Mn | 399.5 USD Mn | 484 USD Mn | 195.8 USD Mn | 67.2 USD Mn | 104.2 USD Mn |
| 2021 | 2898.4 USD Mn | 1344.5 USD Mn | 194.2 USD Mn | 449.7 USD Mn | 516.6 USD Mn | 211.8 USD Mn | 71.1 USD Mn | 110.6 USD Mn |
| 2022 | 3192.6 USD Mn | 1500.5 USD Mn | 212.6 USD Mn | 506.4 USD Mn | 551.5 USD Mn | 229.1 USD Mn | 75.2 USD Mn | 117.3 USD Mn |
| 2023 | 3517.2 USD Mn | 1673.4 USD Mn | 232.8 USD Mn | 570.3 USD Mn | 588.8 USD Mn | 247.8 USD Mn | 79.6 USD Mn | 124.5 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
China accounted for the largest market share in 2017 in the Asia Pacific activated carbon market, and is expected to reach USD 1673.40 Million in 2023 from USD 872.70 Million in 2017. However, India is the fastest growing market, which is expected to grow at a CAGR of 12.38% during the forecast period 2018 - 2023. powdered activated carbon segment accounted for the largest market share in 2017, this market is expected to reach USD 1885.50 Million in 2023 from USD 1054.30 Million in 2017. This market is projected to grow at a CAGR of 10.27% during the forecast period from 2018 - 2023. However, powdered activated carbon segment is the fastest growing market, which is expected to grow at a CAGR of 10.27% during the forecast period 2018 - 2023. water purification segment accounted for the largest market share in 2017, this market is expected to reach USD 1244.70 Million in 2023 from USD 720.10 Million in 2017. This market is projected to grow at a CAGR of 9.63% during the forecast period from 2018 - 2023. However, pharmaceuticals segment is the fastest growing market, which is expected to grow at a CAGR of 11.50% during the forecast period 2018 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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