From the long-term trend: raw coal resources are non-renewable, coal-based activated carbon resources are limited, and carbon dioxide emissions increase greatly during production, so the price of coal-based activated carbon is on the rise driven by raw materials and environmental protection costs; However, because the main raw material of wood-based activated carbon is "three residues" from forest products, it can be recycled, and because of technological progress, the price of wood-based activated carbon is expected to decline relatively, so the long-term competitive advantage of wood-based activated carbon is higher than that of coal-based activated carbon.