Coconut Shell Powder Market to Reach $588.4 Million by 2031, Growing at 7.6% CAGR

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, “Coconut 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.

📍𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 : 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.

📍𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬:

💡𝐀𝐜𝐭𝐢𝐯𝐚𝐭𝐞𝐝 𝐂𝐚𝐫𝐛𝐨𝐧 𝐒𝐞𝐠𝐦𝐞𝐧𝐭: 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.

💡𝐒𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐳𝐞𝐝 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐏𝐫𝐨𝐜𝐞𝐬𝐬 𝐖𝐚𝐭𝐞𝐫 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬: Growing applications in specialized industrial process water treatments contribute to market expansion.

📍𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

💡𝐌𝐞𝐬𝐡 𝐒𝐢𝐳𝐞: Segmented into 80 mesh and 200 mesh, with the 200–300 mesh segment holding a significant market share.

💡𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧: Includes insect repellent, activated carbon, extender and filler, absorbent, among others. The extender and filler segment is expected to show notable growth.

💡𝐒𝐚𝐥𝐞𝐬 𝐂𝐡𝐚𝐧𝐧𝐞𝐥: Divided into offline and online sales channels, with offline sales dominating the market.

📍𝐈𝐧𝐪𝐮𝐢𝐫𝐞 : 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.

📍𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬:

💡𝐌𝐞𝐬𝐡 𝐒𝐢𝐳𝐞 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞: The 200–300 mesh segment is anticipated to sustain its market share, driven by its suitability for applications like thermoset molding powder.

💡𝐄𝐱𝐭𝐞𝐧𝐝𝐞𝐫 𝐚𝐧𝐝 𝐅𝐢𝐥𝐥𝐞𝐫 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧: 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.

💡𝐎𝐟𝐟𝐥𝐢𝐧𝐞 𝐒𝐚𝐥𝐞𝐬: The offline sales channel, involving direct sales to consumer sectors like those producing activated carbon, is a major contributor to the market.

📍𝐓𝐚𝐥𝐤 𝐭𝐨 𝐨𝐮𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 : https://www.alliedmarketresearch.com/connect-to-analyst/A31634

📍𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

💡𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞: 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.

💡𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
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.

📍𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 : 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.

📝 𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

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.

📞 𝐂𝐨𝐧𝐭𝐚𝐜𝐭

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