Activated Carbon Industry Procurement Intelligence Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

 

Procurement Outlook

Activated carbon is a form of carbon that is processed to contain small, low-volume pores. These pores increase the surface area available for adsorption or chemical reactions. Activated carbon is used in various applications like gas purification, analytical chemistry, industrial use, medical purposes, fuel storage, chemical purification, mercury scrubbing, etc. The two most commonly used types of activated carbon are powdered activated carbon and granular activated carbon.

Activated carbon is sold in wholesale quantity at a flat fee transactional model. The prices are regulated. The price of activated carbon has demonstrated fluctuations over the last year. For example, the domestic price trend in China for activated carbon in August 2020 averaged at USD 1,550.57 per metric tonne. In the last year, it rose to an all-time high of USD 1,642.19 in November 2020. Post then, the prices have dipped. Currently, the price stands at USD 1381.58 per metric tonne.

Demand Outlook

The global activated carbon market was valued at USD 6.5 billion as of 2020 and is expected to grow at a CAGR of 17.5% till 2025. The geographic demand will be driven by APAC with three countries like China, India, and Japan being the major growth drivers from the APAC market.

North America is the second-largest market for activated carbon. The US market is valued at USD 1.1 billion in 2020 and is expected to grow at a CAGR of 11.5% till 2025. The United States Environmental Protection Agency and government regulatory bodies have recommended the use of activated carbon as the best available material for removing impurities like mercury. These recommendations are propelling the growth of the activated carbon industry.
 
 Cost Drivers

The major raw materials required to manufacture activated carbon are wood chips and coconut shells. As such, the availability of these components affects the final cost of activated carbon. Countries in the Asia-Pacific, with their tropic climate and vegetation cover, have an abundance of wood chips and coconut shells supply. With an excess of raw materials, the cost of procuring them for the manufacture of activated carbon is reducing. The lower cost of activated carbon is helping in increased uptake of the product in these regions and driving volume-driven growth.

Read report summary https://www.grandviewresearch.com/pipeline/activated-carbon-industry-procurement-intelligence-report

 

Add-on Services

  • Should Cost Analysis

Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process

 

  • Rate Benchmarking

Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier

 

  • Salary Benchmarking

Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.

 

  • Supplier Newsletter

A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.

 

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About us: 

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

 

Our services include (not limited to):


  • Market Intelligence involving - market size and forecast, growth factors, and driving trends
  • Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership
  • Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
  • Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption


 Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

 

Find More information @ https://www.grandviewresearch.com/pipeline 

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