Market Overview:
The global charcoal water filters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for clean and safe drinking water, growing awareness about the benefits of using charcoal water filters, and rising concerns about health and hygiene. The polyacrylonitrile segment is expected to lead the global charcoal water filters market in terms of revenue by 2030. This can be attributed to its high efficiency in removing contaminants from water, low maintenance requirements, and long life span. The oil segment is projected to grow at the highest CAGR during the forecast period owing to its ability remove heavy metals and other pollutants from water sources. In terms of application, power plant boilers are expected to account for the largest share of revenue in 2018 followed by industrial boilers & furnaces and industrial kilns respectively.
Product Definition:
A charcoal water filter is a type of water filter that uses activated carbon to remove contaminants from drinking water. Activated carbon is a form of carbon that has been treated with oxygen to create small, open pores between the atoms. These pores provide a large surface area for adsorption (the attraction of molecules to a surface). Contaminants in the water are attracted to the activated carbon and removed from the water stream.
Polyacrylonitrile:
Polyacrylonitrile (PAN) is a non-woven, white to pale brown fiber. It is made from the reaction of acrylonitrile and acrylic acid through thermal polymerization. The product has high surface area, which makes it ideal for use in water treatment applications as an adsorbent or filter medium.
Oil:
The oil is a by-product of the paper manufacturing process and it is used in water filters to maintain the filter element’s lubrication. It prevents from dry spots, rusting & corrosion, and helps in maintaining pressure as well as keeps the pores of the element open for effective filtration.
It also acts as a carrier for cleaning chemicals that are used to remove impurities from water before it reaches drinking water sources.
Application Insights:
The industry has been segmented on the basis of application into power plant boilers, industrial boilers and furnaces, and industrial kilns. The demand for the product in these applications is expected to be driven by increasing investments in coal-based power plants across various countries.
Charcoal water filters are used in boiler systems at numerous locations within a power plant such as feedwater heat exchangers, preheater units, main steam generators, condensate water heat exchangers and cooling towers. Boiler system includes all equipment that uses fuel or electricity to produce hot water for use in various processes such as manufacturing machines or providing heating services to residential areas or commercial buildings.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, especially in China and India, which has led to an increase in demand for charcoal water filters. Furthermore, increasing population coupled with rising disposable income will boost demand further.
The growing number of power plants across emerging economies such as China and India are also anticipated to drive product adoption over the next eight years. In addition, stringent government regulations regarding pollution levels in these countries have forced industry participants to adopt eco-friendly practices; thus driving product adoption across industries including power generation and industrial boilers & furnaces applications segment is expected to propel growth during the forecast period.
Growth Factors:
- Increasing awareness about the benefits of charcoal water filters: There is a growing awareness among people about the benefits of using charcoal water filters. This is helping to drive demand for these products, thereby boosting the market growth.
- Rising disposable income: A rise in disposable income is enabling consumers to invest in premium quality water filters, which is aiding market growth.
- Growing demand for filtered water: The trend of consuming filtered and purified water is gaining traction across the globe, which is propelling demand for charcoal water filters and driving market growth.
- Technological advancements: The introduction of innovative technologies in charcoal water filter systems is resulting in their increased adoption, thereby fuelling market expansion.
Scope Of The Report
Report Attributes
Report Details
Report Title
Charcoal Water Filters Market Research Report
By Type
Polyacrylonitrile, Oil, Phenolic Fibers
By Application
Power Plant Boilers, Industrial Boilers & Furnaces, Industrial Kilns
By Companies
Far Eastern New Century Corporation, Qingdao Clear, Tai An Xinhuanneng, Shanghai Xianeng, Zhong Guo Shi Hua, Qingdao Vert, Far Eastern New Century Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Charcoal Water Filters Market Report Segments:
The global Charcoal Water Filters market is segmented on the basis of:
Types
Polyacrylonitrile, Oil, Phenolic Fibers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Plant Boilers, Industrial Boilers & Furnaces, Industrial Kilns
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Far Eastern New Century Corporation
- Qingdao Clear
- Tai An Xinhuanneng
- Shanghai Xianeng
- Zhong Guo Shi Hua
- Qingdao Vert
- Far Eastern New Century Corporation
Highlights of The Charcoal Water Filters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyacrylonitrile
- Oil
- Phenolic Fibers
- By Application:
- Power Plant Boilers
- Industrial Boilers & Furnaces
- Industrial Kilns
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Charcoal Water Filters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Charcoal water filters are a type of water filter that uses charcoal to remove contaminants from the water. Charcoal is a natural material that can adsorb toxins and other contaminants from the water, making it a good choice for filtering contaminated water.
Some of the major companies in the charcoal water filters market are Far Eastern New Century Corporation, Qingdao Clear, Tai An Xinhuanneng, Shanghai Xianeng, Zhong Guo Shi Hua, Qingdao Vert, Far Eastern New Century Corporation.
The charcoal water filters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Charcoal Water Filters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Charcoal Water Filters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Charcoal Water Filters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Charcoal Water Filters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Charcoal Water Filters Market Size & Forecast, 2020-2028
4.5.1 Charcoal Water Filters Market Size and Y-o-Y Growth
4.5.2 Charcoal Water Filters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polyacrylonitrile
5.2.2 Oil
5.2.3 Phenolic Fibers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Power Plant Boilers
6.2.2 Industrial Boilers & Furnaces
6.2.3 Industrial Kilns
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Charcoal Water Filters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Charcoal Water Filters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polyacrylonitrile
9.6.2 Oil
9.6.3 Phenolic Fibers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Power Plant Boilers
9.10.2 Industrial Boilers & Furnaces
9.10.3 Industrial Kilns
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polyacrylonitrile
10.6.2 Oil
10.6.3 Phenolic Fibers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Power Plant Boilers
10.10.2 Industrial Boilers & Furnaces
10.10.3 Industrial Kilns
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polyacrylonitrile
11.6.2 Oil
11.6.3 Phenolic Fibers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Power Plant Boilers
11.10.2 Industrial Boilers & Furnaces
11.10.3 Industrial Kilns
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polyacrylonitrile
12.6.2 Oil
12.6.3 Phenolic Fibers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Power Plant Boilers
12.10.2 Industrial Boilers & Furnaces
12.10.3 Industrial Kilns
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polyacrylonitrile
13.6.2 Oil
13.6.3 Phenolic Fibers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Power Plant Boilers
13.10.2 Industrial Boilers & Furnaces
13.10.3 Industrial Kilns
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Charcoal Water Filters Market: Competitive Dashboard
14.2 Global Charcoal Water Filters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Far Eastern New Century Corporation
14.3.2 Qingdao Clear
14.3.3 Tai An Xinhuanneng
14.3.4 Shanghai Xianeng
14.3.5 Zhong Guo Shi Hua
14.3.6 Qingdao Vert
14.3.7 Far Eastern New Century Corporation
