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Coconut Shell Powder Market

Coconut Shell Powder Market Size, Share & Trends Analysis Report By Mesh Size (80-100 Mesh, 200-300 Mesh), by Application (Insect Repellent, Activated Carbon, Extender and Filler, Absorbent, Others), by Sales Channel (Offline, Online), By Region, And Segment Forecasts, 2023-2031

Report ID : 1749 | Published : 2023-04-19 | Pages: 180 | Format: PDF/EXCEL

The Coconut Shell Powder Market Size is valued at 302.38 million in 2022 and is predicted to reach 548.30 million by the year 2031 at a 6.92% CAGR during the forecast period for 2023-2031. 

Coconut shell is a type of agricultural waste that is often burned outdoors. During the open burning phase, toxic gases were released that could be dangerous to the environment and human health. Researchers have created a new method that makes bio-composites from agro-waste to lessen the risk of pollution.

Coconut Shell Powder Market

Coconut shell powder is a solid non-food waste that has the potential to lessen the need for synthetic fibre. The market expansion may be attributable to the rising demand for coconut shell powder in a variety of industries, including industrial production, chemical engineering, and others.

However, the market is expanding because of the increased public awareness of the advantages of employing natural components. Due to its resistance to heat and moisture, two major market trends for coconut shell powder, this powder is also engaged in the finishing process of many moulded goods. The market is developing as a result of the rising demand for coconut shell powder in the process of making furniture.

Furthermore, the use of coconut shell powder as a mild abrasive in historical building rehabilitation and renovation is expanding. Additionally, they are used as a waste cycle material in the oil and gas industry, which is accelerating the growth of the coconut shell powder market. 

Recent Developments:     

  • In July 2021, Vita Coco rebranded as Public Benefit Corporation (PBC) to emphasize their dedication to producing better products. The company was formed to benefit procurement by using this PBC structure to enhance economic growth and address the issues of sustainable development faced by coconut producers. As a result, Vita Coco's adoption of this structure resulted in a lucrative public interest business and increased stakeholder profit. 

Competitive Landscape:

Coconut shell powder market players profiled in this report include:

  • Coco Green (Pvt) Ltd.,
  • Garnish Traders,
  • Red & White International,
  • Coco Land Lanka (Pvt) Ltd.,
  • Guru Raghavendra Char Products,
  • Consarc (Pvt) Ltd.,
  • Anitha Exports,
  • Lanka Coco Products (Pvt) Ltd.,
  • Vijayanagar Food & Nutraceuticals Pvt Ltd,
  • Shree Balajee Magnesite,
  • Kasturi Coconut Processing,
  • Rich Moon Co., Ltd,
  • Prithvi Chemical Manufacturing Company Pvt. Ltd.,
  • New Century Vietnam Organic Company Co., Ltd.,
  • VietDelta Ltd. 

Market Segmentation:

The coconut shell powder market is divided into mesh size, application, and sales channel. The market is divided into two categories based on mesh size: 80 to 100 mesh and 200 to 300 mesh. Depending on the application, it is divided into absorbent, extender and filler, activated carbon, insect repellant, and others. It is divided into two categories based on the sales channel: offline and online.

The 80-100 Mesh Category Had The Biggest Market Share Based On Mesh Size

The 80-100 mesh category held the largest share of the market. Thermoset moulding powder can employ coconut shell powder with a mesh size of 80 to 100 as a filler. It is utilized as thermoset moulding powder for bakelite, phenol formaldehyde, and synthetic resin glues. The need for coconut shell powder through 80 to 100 mesh is projected to rise as more industries, including automotive, aerospace, electrical, and electronics, use thermoset moulding.

The Online Category Held A Significant Market Share

The online category is anticipated to grow at the highest rate over the forecast period. Due to the prompt growth of the Internet of Things (IoT) in the commercial sphere, coconut shell powder delivery online is becoming increasingly popular. Convenient transportation and globalization are fostering the expansion of the business-to-business online distribution of goods like raw materials, which in turn is supporting the growth of the coconut shell powders market throughout the course of the projected period. Additionally, it is anticipated that rising small-scale industry usage of coconut shell powder will increase demand on a number of online marketplaces, such as Alibaba and IndiaMart.

North America Was the Largest Regional Market In Coconut Shell Powder

This research report covers practically all of the world's major regions, including North America, Europe, South America, the Middle East, Africa, and Asia Pacific. The North American region is expected to grow in the following years. The growing industrial need for activated carbon, extender & filler, absorbent, and the rising acceptability and attractiveness of eco-friendly raw materials are all predicted to drive the growth of the North American coconut shell powder market. Activated carbon is becoming increasingly necessary in the industry, which is one of the key factors boosting demand for coconut shell powder in North America.

The price of coconut shell powder is rising due to the rising demand for the activated carbon made from it, which is utilized in a number of processes, including ground & municipal water management and drinking water distillation. The majority of the coconut shell powder in the region is imported into the three biggest markets in North America: the U.S., Canada, and Mexico. The development of new, modest businesses in neighbourhood markets is assisting in the general expansion of the need for coconut shell powder in the area. 

Coconut Shell Powder Market Report Scope:

Report Attribute

Specifications

Market size value in 2022

USD 302.38 Mn

Revenue forecast in 2031

USD 548.30 Mn

Growth rate CAGR

CAGR of 6.92 % from 2023 to 2031

Quantitative units

Representation of revenue in US$ Billion, and CAGR from 2023 to 2031

Historic Year

2019 to 2022

Forecast Year

2023-2031

Report coverage

The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends

Segments covered

Product And Application

Regional scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia

Competitive Landscape

new century vietnam organic company co., ltd., coco land lanka (pvt) ltd, ohm trishul bio process, gournish traders, rich moon co., ltd, vijayanagar food & nutraceuticals pvt. ltd, vietdelta ltd., coco green (pvt) ltd., consarc (pvt) ltd., gournish traders, umang pharmatech pvt. ltd., and bali coco.

Customization scope

Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.

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Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Coconut Shell Powder Market Snapshot

Chapter 4. Global Coconut Shell Powder Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Mesh Size Estimates & Trend Analysis
5.1. by Mesh Size & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Mesh Size:

5.2.1. 80-100 Mesh
5.2.2. 200-300 Mesh

Chapter 6. Market Segmentation 2: by Sales Channel Estimates & Trend Analysis
6.1. by Sales Channel & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Sales Channel:

6.2.1. Offline
6.2.2. Online

Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis
7.1. by Application & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:

7.2.1. Insect Repellent
7.2.2. Activated Carbon
7.2.3. Extender and Filler
7.2.4. Absorbent
7.2.5. Others

Chapter 8. Coconut Shell Powder Market Segmentation 4: Regional Estimates & Trend Analysis

8.1. North America

8.1.1. North America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Mesh Size, 2023-2031
8.1.2. North America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2023-2031
8.1.3. North America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
8.1.4. North America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

8.2. Europe

8.2.1. Europe Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Mesh Size, 2023-2031
8.2.2. Europe Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2023-2031
8.2.3. Europe Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
8.2.4. Europe Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

8.3. Asia Pacific

8.3.1. Asia Pacific Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Mesh Size, 2023-2031
8.3.2. Asia Pacific Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2023-2031
8.3.3. Asia-Pacific Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
8.3.4. Asia Pacific Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

8.4. Latin America

8.4.1. Latin America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Mesh Size, 2023-2031
8.4.2. Latin America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2023-2031
8.4.3. Latin America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
8.4.4. Latin America Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

8.5. Middle East & Africa

8.5.1. Middle East & Africa Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Mesh Size, 2023-2031
8.5.2. Middle East & Africa Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Sales Channel, 2023-2031
8.5.3. Middle East & Africa Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
8.5.4. Middle East & Africa Coconut Shell Powder Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031

Chapter 9. Competitive Landscape

9.1. Major Mergers and Acquisitions/Strategic Alliances

9.2. Company Profiles


9.2.1. Anitha Exports
9.2.2. Coco Green (Pvt) Ltd.
9.2.3. Coco Land Lanka (pvt) Ltd.
9.2.4. Consarc (Pvt) Ltd.
9.2.5. Gournish Traders
9.2.6. Guru Raghavendra Char Products
9.2.7. Kasturi Coconut Processing
9.2.8. Lanka Coco Products (Pvt) Ltd.
9.2.9. New Century Vietnam Organic Company Co., Ltd.
9.2.10. Prithvi Chemical Manufacturing Company Pvt. Ltd.
9.2.11. Red & White International
9.2.12. Rich Moon Co., Ltd
9.2.13. Shree Balajee Magnesite
9.2.14. VietDelta Ltd.
9.2.15. Vijayanagar Food & Nutraceuticals Pvt Ltd
9.2.16. Other Prominent Players

Segmentation of Coconut Shell Powder Market:

Coconut Shell Powder Market By Mesh Size

  • 80-100 Mesh
  • 200-300 Mesh

Coconut Shell Powder Market

Coconut Shell Powder Market By Application

  • Insect Repellent
  • Activated Carbon
  • Extender and Filler
  • Absorbent
  • Others

Coconut Shell Powder Market By Sales Channel

  • Offline
  • Online

Coconut Shell Powder Market By Region scope

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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Frequently Asked Questions

How big is the Coconut Shell Powder Market?

Coconut Shell Powder Market expected to grow at a 6.92% CAGR during the forecast period for 2023-2031

new century vietnam organic company co., ltd., coco land lanka (pvt) ltd, ohm trishul bio process, gournish traders, rich moon co., ltd, vijayanagar f

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