Bio-lubricants Market End-use Industry, By Others
Global Activated Carbon market [2015-2023] Asia Pacific by Application
By Application, the market is segmented into Water Purification, Air Purification, Food and Beverage, Industrial Chemicals, Metal Extraction, Pharmaceuticals, Automotive, Catalyst, and Application_Others (2015-2023)
| Label | Water Purification | Air Purification | Food and Beverage | Industrial Chemicals | Metal Extraction | Pharmaceuticals | Automotive | Catalyst | Application_Others |
|---|---|---|---|---|---|---|---|---|---|
| 2015 | 607 USD Mn | 478.4 USD Mn | 173.4 USD Mn | 88.8 USD Mn | 60.5 USD Mn | 114.5 USD Mn | 69.8 USD Mn | 49.8 USD Mn | 41.6 USD Mn |
| 2016 | 661.1 USD Mn | 526.9 USD Mn | 188.2 USD Mn | 95.5 USD Mn | 65.2 USD Mn | 126.7 USD Mn | 75.5 USD Mn | 53.3 USD Mn | 44.1 USD Mn |
| 2017 | 720.1 USD Mn | 580.5 USD Mn | 204.4 USD Mn | 102.7 USD Mn | 70.3 USD Mn | 140.2 USD Mn | 81.7 USD Mn | 57 USD Mn | 46.8 USD Mn |
| 2018 | 785.9 USD Mn | 640.9 USD Mn | 222.5 USD Mn | 110.7 USD Mn | 75.9 USD Mn | 155.6 USD Mn | 88.6 USD Mn | 61.1 USD Mn | 49.7 USD Mn |
| 2019 | 859.1 USD Mn | 708.9 USD Mn | 242.6 USD Mn | 119.6 USD Mn | 82.2 USD Mn | 172.9 USD Mn | 96.3 USD Mn | 65.7 USD Mn | 52.9 USD Mn |
| 2020 | 939.7 USD Mn | 784.9 USD Mn | 264.8 USD Mn | 129.3 USD Mn | 89.1 USD Mn | 192.3 USD Mn | 104.8 USD Mn | 70.6 USD Mn | 56.4 USD Mn |
| 2021 | 1032.1 USD Mn | 872.9 USD Mn | 290.2 USD Mn | 140.3 USD Mn | 96.9 USD Mn | 214.8 USD Mn | 114.5 USD Mn | 76.3 USD Mn | 60.4 USD Mn |
| 2022 | 1133.5 USD Mn | 970.9 USD Mn | 318.2 USD Mn | 152.4 USD Mn | 105.5 USD Mn | 240 USD Mn | 125.1 USD Mn | 82.4 USD Mn | 64.7 USD Mn |
| 2023 | 1244.7 USD Mn | 1080 USD Mn | 348.9 USD Mn | 165.5 USD Mn | 114.9 USD Mn | 268.2 USD Mn | 136.7 USD Mn | 89 USD Mn | 69.3 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
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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Bio-lubricants Market End-use Industry, By Food
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