Activated Carbon Market

The Activated Carbon Market is predicted to rise to USD 4,500 million by 2028, witnessing 9.3% CAGR during 2021-2028

Activated Carbon Market Overview

Activated carbon can also be termed as activated charcoal. It is a type of processed coal which allow the solid output to showcase small and low volume pores that escalate the surface area for chemical reactions. This is majorly employed for the purification of liquids and gases in chemical business, food and beverage processing and water treatment.

To have an edge over the competition by knowing the market dynamics and current trends of “Activated Carbon Market”, request for Sample Report here

Major Activated Carbon Market Drivers

The factors driving the global activated carbon market include the growing need for water treatment plants due to rising pollution and water scarcity, which is a major driver for boosting the growth of this market. For instance, according to UNICEF in 2020, 4 billion people around, almost two-thirds of the world’s population is facing water scarcity for at least one month each year. Moreover, the increase in serious health risks by drinking impure waters is constantly growing among consumers.

Furthermore, increasing manufacturing & environmental standards are boosting the growth of the activated carbon industry. Countries like China and India are investing in water purification plants, which will further boost the demand for activated carbon. For instance, in 2020, the World Bank has granted China a USD 100 million loans to improve rural water supply and purification. In addition, growing product launches will further boost the growth of this market. For instance, in 2021, Tantech Holdings Ltd launched the Variety Combination Honeycomb Activated Carbon; this was designed to be both flexible and powerful, making it a solution for large area purification.

Restraint in the Activated Carbon Market

However, high price of raw material is high due to shortage of raw material availability which has hampered the growth of this market. Moreover, the presence of alternatives such as silica gel and super- sand has also restricted the growth of this market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Type – Segment Analysis

Based on the Type, granulated activated carbon expected to grow at a higher CAGR rate in the global Activated Carbon Market during the forecast period owing to its rising demand for product from various end use industry such as air & gas purification and water treatment. These particles are larger in size which make it suitable for removing contaminants from air, liquid and gases.

End-User – Segment Analysis

Based on the End-User, water treatment segment is projected to grow at a higher CAGR rate in the global Activated Carbon Market during the forecast period. It is commonly used in treatment of water to observe organic compounds, taste and odor compounds, oils and toxic substance. The increasing need to treat water around the world owing to depleting natural sources and growing pollutants is responsible for market growth. Moreover, strict rules and regulation made by government will further boost the growth of this segment.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, Asia Pacific region is expected to grow at a higher CAGR rate in the global Activated Carbon Market during the forecast period due to the rising population in this region which will lead to an increased need for safe and pure potable water will drive the growth of this market in this region. Moreover, favourable government rules, rising availability for enormous consumption base and presence of various end use industries like manufacturing and water treatment among other are boosting the growth of this market in this region. Furthermore, China is the largest activated consuming carbon country with more then 570k tonnes. Thus, this factor further boost the growth of this market.

Top Market Players

Various notable players operating in the market, include, Advanced Emissions Solutions, Inc., Jacobi Carbons Group, Siemens, Kureha Corporation, Calgon Carbon Corporation, CarboTech, Carbon Resources (P) Ltd., Carbon Activated Corporation, Cabot Corporation., Haycarb (Pvt) Ltd, among others.

Key Developments:

• • In March 2021, Cabot Corporation announced to launch ENERMAX 6 carbon nanotube (CNT) series. This series will effectively enhance battery performance at lower loadings enabling a higher energy density of battery.
  • In Feb 2019, Siemens introduced a Wet Air Regeneration (WAR) system. It is providing a method which will works in combination with the powdered activated carbon treatment (PACT) system to recycle more than 90 percent of the required activated carbon, reliably destroy adsorbed contaminants, and convert sludge into ash.

Segments covered in the Report:

The global Activated Carbon Market has been segmented on the basis of Type, End-User and regions. Based on Type, the market is segmented into Granulated, Extruded and Powdered. Based on End-User, the market is segmented into Pharmaceutical & Medical, Automotive, Air purification, Food & Beverage Processing, Water Treatment and Others.

For detailed scope of the “Activated Carbon Market” report request a Sample Copy of the report

Market Segmentation

Global Activated Carbon Market by Type

• • Granulated
  • Extruded
  • Powdered

Global Activated Carbon Market by End-User

• • Pharmaceutical & Medical
  • Automotive
  • Air purification
  • Food & Beverage Processing
  • Water Treatment
  • Others

Global Activated Carbon Market by Region

• • North America Activated Carbon Market (Option 1: As a part of the free 25% customization)

    • North America Activated Carbon Market by Type
    • North America Activated Carbon Market by End-User
    • US Activated Carbon Market All-Up
    • Canada Activated Carbon Market All-Up

  • Europe Activated Carbon Market (Option 2: As a part of the free 25% customization)

    • Europe Activated Carbon Market by Type
    • Europe Activated Carbon Market by End-User
    • UK Activated Carbon Market All-Up
    • Germany Activated Carbon Market All-Up
    • France Activated Carbon Market All-Up
    • Spain Activated Carbon Market All-Up
    • Rest of Europe Activated Carbon Market All-Up

  • Asia-Pacific Activated Carbon Market (Option 3: As a part of the free 25% customization)

    • Asia-Pacific Activated Carbon Market by Type
    • Asia-Pacific Activated Carbon Market by End-User
    • China Activated Carbon Market All-Up
    • India Activated Carbon Market All-Up
    • Japan Activated Carbon Market All-Up
    • Rest of APAC Activated Carbon Market All-Up

  • RoW Activated Carbon Market (Option 4: As a part of the free 25% customization)

    • RoW Activated Carbon Market by Type
    • RoW Activated Carbon Market by End-User
    • Brazil Activated Carbon Market All-Up
    • South Africa Activated Carbon Market All-Up
    • Saudi Arabia Activated Carbon Market All-Up
    • UAE Activated Carbon Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Activated Carbon Market All-Up

Major Players Operating in the Market Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Advanced Emissions Solutions, Inc.
  • Jacobi Carbons Group
  • Siemens
  • Kureha Corporation
  • Calgon Carbon Corporation
  • CarboTech
  • Carbon Resources (P) Ltd.
  • Carbon Activated Corporation
  • Cabot Corporation.
  • Haycarb (Pvt) Ltd