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Global Coconut Shell Powder Market Share, Size, Analysis, Growth, Forecast: By Mesh Size: 80-100 Mesh, 200-300 Mesh; By Application: Insect Repellent, Activated Carbon, Extender and Filler, Absorbent, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Coconut Shell Powder Market Outlook
The global coconut shell powder market size attained a value of USD 310 million in 2022. The market is further expected to grow at a CAGR of 8.10% between 2023 and 2028, to reach a value of USD 490 million by 2028.
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Key Trends in the Market
Coconut shell powder is a type of powder that is produced by the powdering of coconut shells. It is used as a filler in various compounds such as bakelite, and synthetic resin glues, among others. It is also applied in the manufacturing process of plywood and laminated boards. Coconut shell powder has a high specific strength to weight ratio and is a renewable resource as more coconut trees can be planted to increase supply.
- The increasing use of coconut shell powder as a raw material in the activated carbon sector is contributing to the expansion of the coconut shell powder market share. Activated carbon is witnessing a heightened application in the water treatment sector. In addition, stringent regulations aimed towards reducing environment pollution are further generating the demand for activated carbon.
- Coconut shell powder is also used in the finishing process of variety of moulded articles owing to their resistance to heat and moisture, which are key coconut shell powder market trends. The increasing demand for coconut shell powder in the furniture manufacturing process is further fuelling the market growth.
- Furthermore, coconut shell powders are witnessing growing applications as a mild abrasive in the historical building’s reconstruction and renovation. They are also utilised as a waste circular material in the oil and gas sector which is augmenting the coconut shell powder market growth.
Market Analysis
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Based on mesh size, the market is segmented into 80-100 mesh and 200-300 mesh. On the basis of application, the market is classified into insect repellent, activated carbon, extender and filler, and absorbent, among others. The regional markets for coconut shell powder are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global coconut shell powder market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Nguyen Nga Lau Co., Ltd
- Kasturi Coconut Processing
- New Century Vietnam Organic Company Limited
- Rich Moon Co. Ltd.
- Anitha Exports
- Shree Balajee Magnesite
- Others
Market Share by Mesh Size
The 80-100 mesh segment, based on mesh size, accounts for a healthy share of the market for coconut shell powders. Mesh sizes of 80-100 are ideal for producing thermoset moulding powder which is used to manufacture a wide range of electronic items such as microwave antennae, substation components, circuit breakers, metering boards, and switchgears, among others. In addition, these products are also used in the production of electrostatic powder coatings, which is further influencing the coconut shell powder market price.
Meanwhile, the increasing application of 200-300 mesh sized coconut shell powders in the production of synthetic resin glues is bolstering the segment’s growth. Over the forecast period, the anticipated increase in demand for synthetic resin glues in wood working and flooring sectors are likely to fuel the growth of this segment.
Market Share by Application
Based on application, the insect repellent segment occupies a significant share of the coconut shell powder market. The increasing demand for coconut shell powder to manufacture mosquito coils and incense sticks from household sectors is fuelling the growth of this segment. Growing awareness pertaining to the diseases caused by insects is further propelling the demand for coconut shell powder from households. Meanwhile, the activated carbon segment is expected to witness a healthy growth in the forecast period, owing to the escalating application of activated carbon in various industrial fields, including food and beverage processing and beauty and personal care.
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Competitive Landscape
Nguyen Nga Lau Co., Ltd is one of the largest manufacturers of raw materials for making mosquito coils and incense sticks. The product portfolio of this company includes joss powder, wood powder, coconut shell powder, aromatic wood powder, and bamboo sticks, among others. The company was established in 1980 and is headquartered in Binh Dinh Province in Vietnam.
Kasturi Coconut Processing is a food processing company which was founded in the year 2000 and is currently headquartered in Karnataka in India. A widely known manufacturer, supplier, and exporter of various products, the portfolio of the company includes fresh coconut products, dried coconuts, coconut oil, coconut water, and coconut shell and coconut charcoal products, among others.
New Century Vietnam Organic Company Limited is a provider of raw materials which are used to produce joss powder, wood powder, premix powder, bamboo stick, Onggok powder, coconut shell powder, and tapioca starch, among others. The company was founded in the year 2011 and is currently headquartered in Hanoi, Vietnam.
Other market players include Rich Moon Co. Ltd., Anitha Exports, and Shree Balajee Magnesite, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Mesh Size |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Coconut Shell Powder Market Analysis
8.1 Key Industry Highlights
8.2 Global Coconut Shell Powder Historical Market (2018-2022)
8.3 Global Coconut Shell Powder Market Forecast (2023-2028)
8.4 Global Coconut Shell Powder Market by Mesh Size
8.4.1 80-100 Mesh
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 200-300 Mesh
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Coconut Shell Powder Market by Application
8.5.1 Insect Repellent
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Activated Carbon
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Extender and Filler
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Absorbent
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Coconut Shell Powder Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Coconut Shell Powder Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Coconut Shell Powder Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Coconut Shell Powder Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Coconut Shell Powder Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Coconut Shell Powder Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Nguyen Nga Lau Co., Ltd
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Kasturi Coconut Processing
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 New Century Vietnam Organic Company Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Rich Moon Co. Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Anitha Exports
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Shree Balajee Magnesite
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Coconut Shell Powder Market: Key Industry Highlights, 2018 and 2028
2. Global Coconut Shell Powder Historical Market: Breakup by Mesh Size (USD Billion), 2018-2022
3. Global Coconut Shell Powder Market Forecast: Breakup by Mesh Size (USD Billion), 2023-2028
4. Global Coconut Shell Powder Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Coconut Shell Powder Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Coconut Shell Powder Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Coconut Shell Powder Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Coconut Shell Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Coconut Shell Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Coconut Shell Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Coconut Shell Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Coconut Shell Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Coconut Shell Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Coconut Shell Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Coconut Shell Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Coconut Shell Powder Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Coconut Shell Powder Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Coconut Shell Powder Market Structure
Key Questions Answered in the Report
The market reached a value of USD 310 million in 2022.
The market is estimated to grow at a CAGR of 8.10% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach a value of USD 490 million by 2028.
The increasing applications of coconut shell powder in the manufacture of activated carbon, growing applications in the building and construction applications, and renewable nature of the product, are the major drivers of the market.
The key trends in the coconut shell powder market include the increasing investments in the water treatment sector and growing expansion of the oil and gas sector across the emerging economies.
The different mesh sizes for coconut shell powder in the market are 80-100 mesh and 200-300 mesh.
Insect repellent, activated carbon, extender and filler, and absorbent, among others, are the various applications of coconut shell powder in the market.
Coconut shell powder is not considered to be harmful in case of skin contact or inhalation, however, ingestion in large quantities may be dangerous.
The major regions in the market are North America Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Nguyen Nga Lau Co., Ltd, Kasturi Coconut Processing, New Century Vietnam Organic Company Limited, Rich Moon Co. Ltd., Anitha Exports, and Shree Balajee Magnesite, among others, are the key market players, according to the report.
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