Coconut Shell Powder Market: Industry Outlook, Growth Prospects and Key Opportunities

Coconut is one of the most important tree nut or fruit earlier grown in Indian-Indonesian region but now grown in most of the countries in tropical region. There are a large number of commercial uses of different parts of the coconut and its derivatives. The different parts of coconut that are used are the husk, the shell, the flesh, the water, the leaves, Spathe and inflorescence etc. Coconut shell which was earlier thrown away is now used for a wide variety of applications; it is used as a charcoal, used to make handicrafts, the coconut shell activated carbon is used in toothpaste, medicines, soap etc. The demand for coconut shell powder in variety of applications is derived through its durability, toughness, better water absorption and resistance to fungal infestation. Asia Pacific and Latin America are projected to be the fastest growing region due to the easy availability of the raw material required for coconut shell powder in these regions.

The global coconut Shell Powder market is segmented by Mesh Size, by Application, and by region. On the basis of different Mesh Sizes coconut shell powder market is segmented into Mesh size 80-100, Mesh Size230-240 and others.

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Coconut Shell powder has applications in activated carbon , compound filler, filler & extender ,absorbent, mastic adhesives and others. The others applications consists of abrasive and insect repellents.

The global market is dominated by North America and Europe. Developing countries are emerging as leading exporters of Coconut shell Powder to the North American and European regions. The South East Asian region is one of the prominent producers and exporters of Coconut shell powder. This region is projected to grow at the highest CAGR during the forecast period. The growing demand for cheaper alternatives in adhesives and resins applications is promoting the growth of this market in this region.

Some of the major key players who are driving the coconut shell powder flour market globally are Viet Delta Corp, Shree Balajee Magnesite, Premium A.C. Corporation, SREE AGRO PRODUCTS PVT. LTD. and Sudar Bio Fuels etc.

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