Colombia Activated Carbon Market Overview, 2028

In Colombia, activated carbon has been used in a variety of industrial and domestic applications. The use of activated carbon for water treatment in Colombia dates back to the 1970s, when it was used in large-scale water treatment plants to remove impurities and contaminants from drinking water. In the 1980s, the use of activated carbon in Colombia expanded to include industrial applications such as the purification of chemicals and the removal of pollutants from wastewater. Today, activated carbon is widely used in various industries in Colombia, including pharmaceuticals, food and beverage, mining, and petrochemicals, among others. The market for activated carbon in Colombia is expected to continue to grow in the coming years due to increasing demand from various end-use industries. Furthermore, in the mid-20th century, it was first used in the mining industry to purify gold and silver ores. Since then, the use of activated carbon has expanded to various industries, such as water treatment, air purification, food and beverage processing, pharmaceuticals, and more. In addition, one significant event in the history of activated carbon in Colombia is the establishment of the first activated carbon production plant in the country in the early 1970s. This plant was set up by a Colombian company called Carbonos de Colombia, which still operates today and is one of the leading activated carbon manufacturers in the region. In addition, the demand for activated carbon has increased in Colombia, driven by factors such as urbanisation, industrialization, and environmental regulations. Today, there are several local and international companies operating in the Colombian activated carbon market, offering a wide range of products and services to meet the diverse needs of customers in various industries.

According to the research report "Colombia Activated Carbon Market Overview, 2028," published by Bonafide Research, the Colombia Activated Carbon market is expected to grow at more than 8% CAGR from 2023 to 2028. In Colombia, coal-based activated carbon has the highest market share in the activated carbon market based on raw material. This can be attributed to the abundance of coal reserves in the country and the relatively lower cost of production of activated carbon from coal compared to other raw materials. Colombia has several cities that are known for the production of coal-based activated carbon. Some of the major cities where coal-based activated carbon is produced include Bogota is the capital and largest city of Colombia. It is home to several companies that produce coal-based activated carbon. The city is known for its rich cultural heritage and historical landmarks such as the Gold Museum and the Salt Cathedral of Zipaquirá. Furthermore, Barranquilla is a port city located on the Caribbean coast of Colombia. It is known for its lively carnival celebrations and is a major industrial and commercial center. Several companies that produce coal-based activated carbon are located in Barranquilla. In addition, the use of activated carbon in Colombia is not limited to industrial applications. Activated carbon is also used in water filtration systems and in the purification of alcoholic beverages such as rum and vodka. However, the CAGR of coconut shell based activated carbon is expected to be the highest during the forecast period due to the growing demand for eco-friendly products and the increasing awareness about the harmful effects of coal-based activated carbon on the environment.

Based on product type, the market is divided into powdered activated carbon, granular activated carbon, extruded or pelletized activated carbon, and others. Powdered activated carbon is the most popular product category in the Indonesia activated carbon market, accounting for the major share of market share in 2022. Due to its fine particle size, powdered activated carbon is easier to handle than other forms of activated carbon, such as GAC, extruded activated carbon, or pelletized activated carbon. Furthermore, the market is divided into two stages: liquid and gas. The Colombia activated carbon market is dominated by liquid-phase activated carbon. Environmental regulations governing the discharge of contaminants into waterways drive the demand for liquid-phase activated carbon. By removing pollutants from wastewater streams, liquid-phase activated carbon can assist industrial facilities in meeting these regulations. Furthermore, water treatment, air purification, food and beverage processing, automotive, pharmaceuticals, and other end-use applications drive the Indonesia activated carbon market. The market is dominated by the water treatment segment. In water treatment, activated carbon is commonly used to remove impurities and contaminants from drinking water, wastewater, and industrial process water.

In general, government regulations can play an important role in shaping the activated carbon market in a country like Colombia. These regulations can include laws and policies related to the production, import, and export of activated carbon, as well as regulations related to its use in different industries such as water treatment, air purification, and food and beverage processing. Furthermore, The Colombian government has also established standards for the quality of activated carbon used in water treatment, which specify minimum requirements for parameters such as adsorption capacity, pH, and particle size. These standards are intended to ensure that activated carbon used in water treatment is effective and safe for human consumption. Moreover, In addition to regulations related to production and use, the Colombian government has also implemented policies to promote sustainable practices in the activated carbon industry. For example, the government has provided financial incentives to companies that use renewable raw materials such as coconut shells or wood waste to produce activated carbon, rather than coal. This has encouraged companies to adopt more sustainable practices and reduce their carbon footprint.

Colombia may face competition from low-cost activated carbon imports from other countries. This could make it difficult for local producers to compete on price and could limit their ability to grow their businesses. Furthermore, the production of activated carbon requires specific raw materials, such as coconut shells, wood, or coal. The availability of these raw materials in Colombia may be limited, which could restrict the growth of the local industry. Moreover, the development of new and innovative activated carbon products and technologies requires significant investment in research and development (R&D). The lack of investment in R&D could limit the ability of Colombian companies to compete with international players and could restrict their ability to develop new products. In addition, the production of activated carbon can have significant environmental impacts, such as deforestation or the release of greenhouse gases. Environmental concerns may restrict the growth of the industry in Colombia and may limit the ability of companies to obtain permits or licences for their operations.



Considered in this report
• Geography: Colombia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Colombia Activated Carbon market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product type:
• Powdered Activated Carbons (PAC)
• Granular Activated Carbons (GAC)
• Extruded or Pelletized Activated Carbon
• Others (Pellet Shaped, Bead Shaped, Impregnated Carbon, Polymer Coated Carbon, etc.)

By Raw Material Type:
• Coal Based
• Coconut Shell Based
• Wood Based
• Others (Petroleum Pitch, etc.)

By Phase Type:
• Liquid Phase
• Gas Phase

By End –user Type:
• Water Treatment
• Food & Beverage Processing
• Pharmaceutical & Medical
• Automotive
• Air Purification
• Others (Gold Treatment, Respirators, Solvency Recover, Mining, Industrial Chemicals, etc.)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Activated Carbon industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.