Coconut Shell Powder Market is Likely to Upsurge USD 588.4 Million by 2031, Size, Share and Opportunity Analysis
Increasing popularity and use of synthetic resins glues for industrial applications are likely to supplement for the growth of coconut shell powder market.
PORTLAND, OR, US, February 11, 2023 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, โCoconut 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.
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.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/32084
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต ๐๐ป๐ฑ ๐๐ฒ๐บ๐ฎ๐ป๐ฑ
The application of adhesive resin quickly forms a strong bond to aid the adhesion process. The application of high-performance adhesive resin increases the cohesive strength, causing the adhesive resin market to grow during the forecast period. Thus, increasing popularity and use of synthetic resins glues for industrial applications are likely to supplement for the growth of coconut shell powder market during the forecast period.
๐๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐
The players operating in the coconut shell powder industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, remain competitive in the market, and gain coconut shell powder market opportunities. The key players profiled in coconut shell powder industry include New Century Vietnam Organic Company Ltd., OHM Trishul Bio Process, Rich Moon Co., Ltd, Vijayanagar Food & Nutraceuticals Pvt. Ltd., VietDelta Ltd., Coco Green (Pvt) Ltd., Coco Land Lanka (Pvt) Ltd., Consarc (Pvt) Ltd., Gournish Traders, Umang Pharmatech Pvt. Ltd., and Bali Coco.
๐๐๐ ๐๐ง๐๐-๐ง๐๐ ๐ ๐ข๐๐๐๐ฅ - ๐๐๐ ๐ก๐ผ๐ & ๐๐ฒ๐ ๐๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ ๐๐ถ๐๐ฐ๐ผ๐๐ป๐ ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/checkout-final/8121c3484521a550f7212c53e2010161
According to the coconut shell powder market analysis, region wise, Asia-pacific has been gaining a significant share in the global coconut shell powder market size and is expected its share throughout coconut shell powder market forecast period. Rapid industrial expansion in the region and growing use of coconut shell powder as an absorbent in water treatment activities in the production of activated carbon with further multiple applications in industries are likely to supplement the Asia-Pacific coconut shell powder market growth during the forecast period. Furthermore, the high production of coconut in Indonesia, India, the Philippines, and other countries of the Asia-Pacific region is a major growth driver for the Asia-Pacific coconut shell powder market during the forecast period.
๐๐ฒ๐ ๐๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ข๐ณ ๐ง๐ต๐ฒ ๐ฆ๐๐๐ฑ๐
-> The coconut shell powder market size was valued at $286.7 million in 2021, and is estimated to reach $588.4 million by 2031, growing at a CAGR of 7.6%
during the forecast period.
-> In 2021, depending on application, the activated carbon segment was valued at $66.6 million, accounting for 23.2% of the global coconut shell powder
market share.
-> In 2021, depending on sales channel, the offline segment was valued at $209.0 million and is expected to grow at a CAGR of 7.4%.
-> In 2021, the U.S. was the most prominent market in North America, and is projected to reach $80.3 million by 2031, growing at a CAGR of 6.3% during the
forecast period
๐๐ฒ๐ ๐ฌ๐ผ๐๐ฟ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ @: https://www.alliedmarketresearch.com/request-for-customization/32084
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.
๐๐ต๐ฒ๐ฐ๐ธ ๐ผ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฟ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐๐ฑ๐ถ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐๐ต๐ฒ๐ฑ ๐ฏ๐ ๐๐ ๐ฅ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต:
Coconut Sugar Market - https://www.alliedmarketresearch.com/coconut-sugar-market-A16949
Hemp Tea Market - https://www.alliedmarketresearch.com/hemp-tea-market-A31565
Feed Phosphate Market - https://www.alliedmarketresearch.com/feed-phosphate-market-A16880
Energy Supplement market - https://www.alliedmarketresearch.com/energy-supplement-market-A16879
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 โMarket Research Reportsโ and โBusiness Intelligence Solutions.โ AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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