Activated Carbon Market Segmentation by Application (Food & Beverages, Water Treatment, Air & Gas Purification, Automotive, and Others); and by Product Type (Granular Activated Carbon, Powered Activated Carbon, and Others)-Global Demand Analysis & Opportunity Outlook 2031

Global Activated Carbon Market Highlights Over 2022 - 2031

The global activated carbon market is estimated to grow at a ~5% CAGR over the forecast period, i.e., 2022 – 2031.  Moreover, the market registered a revenue of approximately USD 6.0 billion in 2021. The growth of the market can be attributed to growing concerns related to the environment and regulations imposed by the government. Moreover, there has been an increase in the demand for clean drinking water among people and a rise in awareness among them in relation to the use of activated carbon to filter contaminants from air and water. In addition, the rise in the number of death cases considering the fact of unsafe drinking water is further contributing to the growth of the market. According to the World Health Organization, approximately 829,000 people die each year from diarrhea owing to unsafe drinking water, hand hygiene, and sanitation.

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The global activated carbon market is segmented by application into food & beverages, water treatment, air & gas purification, automotive, and others. Out of these, the water treatment segment is anticipated to hold the largest share over the forecast period in the market. This can be attributed to a rise in the number of pollutants in the water that are depleting the properties of water. Moreover, there have been strict regulations imposed by the government on industries to treat water waste.

Global Activated Carbon Market Regional Synopsis

Regionally, the global activated carbon market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. The market in the Asia Pacific region is estimated to witness modest growth over the forecast period on the back of the rise in diarrhea cases and the increasing need to purify water for reuse in the growing industrial sector. The diarrhea disease kills approximately one lakh children every year in India, according to the National Health Mission. Moreover, according to the Central Pollution Control Board of India, nearly 500 billion cubic meters of water is used in industries annually, out of the total available fresh water. In North America, the U.S. country is contributing to the growth of the market in the region owing to the regulation imposed by the government on the reuse of industrial water.  

Market Segmentation

Our in-depth analysis of the global activated carbon market includes the following segments:

By Application

• Food & Beverages

• Water Treatment

• Air & Gas Purification

• Automotive

• Others

By Product Type

• Granular Activated Carbon

• Powered Activated Carbon

• Others

Growth Drivers and Challenges Impacting the Growth of the Global Activated Carbon Market

Growth Drivers

• Growing concern over the environment and regulations imposed by the government

• Increase in death cases as a result of contaminated drinking water

Challenges

• Instability in the price of activated carbon

• Scarcity of raw materials for the production of activated carbon

Key Companies Dominating the Global Activated Carbon Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global activated carbon market that are included in our report are Silcarbon Akitvkohle GmbH, KUREHA CORPORATION, Osaka Gas Chemical Co., Ltd., Haycarb plc, Lenntech B.V., Calgon Carbon Corporation, Oxbow Activated Carbon LLC, Advanced Emissions Solutions, Inc., DESOTEC NC, KURARAY CO., LTD., and others.

Latest Developments in the Global Activated Carbon Market:

• 29 January 2021: Kuraray Co., Ltd. announced the signing of the United Nations Global Compact (UNGC) on December 17, 2020, to become a partner for sustainable development.

• 9 June 2022: Osaka Gas Chemical Co., Ltd., announced the acquisition of the interest of Australian Integrated Carbon Pty Ltd contributing to the reduction of carbon dioxide through the regeneration project.

Key Reasons to Buy Our Report

• The report covers a detailed analysis comprising market share attained by each market segment and its sub-segments.

• It covers market dynamics including growth drivers, trends, potential opportunities, price trend analysis, and challenges that impact market growth.

• The report includes detailed company profiles of the major players dominating the market.

• We use effective research methodologies to calculate the market numbers and provide value-added assessments for overall growth.

• We provide customized reports as per the clients’ requirements helping them to see possible and unexpected challenges and unforeseen opportunities in order to help them reach their goal.

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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