Product Code: CMI7122
The activated carbon market is estimated to be valued at USD 4.83 Bn in 2024 and is expected to reach USD 9.23 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 4.83 Bn |
Historical Data for: |
2019 to 2023 |
Forecast Period: |
2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: |
9.70% |
2031 Value Projection: |
US$ 9.23 Bn |
Figure. Activated Carbon Market Share (%), By Region 2024
Activated carbon, also called activated charcoal, is a form of carbon that has been processed to make it extremely porous and thus to have a very large surface area available for adsorption or chemical reactions. Due to its high degree of microporosity, just one gram of activated carbon has a surface area in excess of 500m2, as determined by gas adsorption. This extraordinary high adsorptive capacity has made activated carbon useful in countless applications, ranging from water purification to air filters and filtering liquids. The global activated carbon market has gained significant traction over the years due to increased implementation of stringent environmental regulations coupled with expanding demand from water and air treatment applications.
Market Dynamics:
The global activated carbon market is driven by the rising demand from automotive, food & beverage and industrial gas purification applications. Furthermore, stringent government regulations regarding emission control and water treatment standards have augmented the market growth. Additionally, activated carbon's high adsorption capacity, non-toxic nature and regenerative properties have increased its adoption across industries. However, the availability of alternative purification methods and high cost of production are limiting the market expansion. Moreover, unstable prices of raw materials are a major challenge. On the other hand, developing end-use industries in emerging nations are expected to pave new growth opportunities in the coming years. Development of novel production technologies to reduce costs will further provide impetus to industry players.
Key Features of the Study:
- This report provides in-depth analysis of the global activated carbon market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global activated carbon market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Carbon Activated Corporation, Jacobi Carbons Group, Boyce Carbon, CarbPure Technologies, Cabot Corporation, Kuraray Co., Carbo Tech AC GmbH, Donau Chemicals AG, Haycarb (Pvt) Ltd., Kureha Corporation, Osaka Gas Chemicals Co., Ltd., Evoqua Water Technologies LLC, Oxbow Activated Carbon LLC, Hangzhou Nature Technology Co., Ltd., Datong Coal Jinding Activated Carbon Co., Carb USA, and Sorbent JSC
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global activated carbon market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global activated carbon market
Detailed Segmentation-
- By Product Type:
- By Raw Material Type:
- By End-user:
- Water Treatment
- Food & Beverage Processing
- Pharmaceutical & Medical
- Automotive
- Air Purification
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Carbon Activated Corporation
- Jacobi Carbons Group
- Boyce Carbon
- CarbPure Technologies
- Cabot Corporation
- Kuraray Co.
- Carbo Tech AC GmbH
- Donau Chemicals AG
- Haycarb (Pvt) Ltd.
- Kureha Corporation
- Osaka Gas Chemicals Co., Ltd.
- Evoqua Water Technologies LLC
- Oxbow Activated Carbon LLC
- Hangzhou Nature Technology Co., Ltd.
- Datong Coal Jinding Activated Carbon Co.
- Carb USA
- Sorbent JSC
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Raw Material Type
- Market Snippet, By End-user
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions
4. Global Activated Carbon Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Activated Carbon Market
- Impact Analysis
5. Global Activated Carbon Market, By Product Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Metal seals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Powder
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Granular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
6. Global Activated Carbon Market, By Raw Material Type, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Coal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Coconut
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Wood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
7. Global Activated Carbon Market, By Raw End-user, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Water Treatment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Food & Beverage Processing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Pharmaceutical & Medical
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Automotive
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Air Purification
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
- Segment Trends
8. Others Global Activated Carbon Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Raw Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-user, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn))
- Market Size and Forecast, By Raw Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-user, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Raw Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-user, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Raw Material Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-user, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Raw Material Type, 2019 - 2031 (US$ Bn)
- Market Size and Forecast, By End-user, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East & Africa
9. Competitive Landscape
- Market Share Analysis
- Company Profiles
- Carbon Activated Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Jacobi Carbons Group
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Boyce Carbon
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- CarbPure Technologies
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Cabot Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Kuraray Co.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Carbo Tech AC GmbH
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Donau Chemicals AG
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Haycarb (Pvt) Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Kureha Corporation
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Osaka Gas Chemicals Co., Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Evoqua Water Technologies LLC
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Oxbow Activated Carbon LLC
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Hangzhou Nature Technology Co., Ltd.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Datong Coal Jinding Activated Carbon Co.
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Carb USA
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
- Sorbent JSC
- Company Overview
- Product Type Portfolio
- Recent Developments/Updates
10. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
11. Section
- References
- Research Methodology
- About Us and Sales Contact
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