The global activated carbon market is expected to reach USD 5.98 billion by 2030, at a CAGR of 5.56% from 2022 to 2030. Activated carbon market growth would be driven by the growing demand for water purification technologies, given the rising world population and depleting freshwater resources. Rapid urbanization & industrialization are the primary factors responsible for the increasing need for water purification. The new technological advancements have paved the way for the development of improved grades of activated carbon that are more efficient, and this development will also contribute to the market's growth. Given its rising applications, the growing demand for activated carbon in the automotive, pharmaceutical, and food & beverage industries will also contribute to the development of the activated carbon market.
Carbon is an element with 6 electrons. Carbon is a non-metal. It has 6 electrons and 6 protons. The outermost orbit of the carbon atom has 4 electrons and this property of carbon is called tetravalency. It only forms a covalent bond because of the tetravalency. The study of carbon and its compound is called organic chemistry. Carbon forms the basis of all living organisms, meaning it is present in different amounts in all living beings, including plants and animals. Carbon bonds with others elements like hydrogen, oxygen, and nitrogen to form the organic compounds found in living organisms. Carbon can bond with itself, creating long chains; this property of carbon is called catenation. Activated carbon is a form of carbon that is treated in a tank without oxygen at high temperatures. The treatment increases the surface area of the carbon by reducing the particle size. The reduction in particle size makes it more adsorptive and suitable for filtration. Activated carbon is chemically inert and hence stable. Activated carbon removes unwanted foreign particles from gases, liquids, and solids. It is used to purify municipal drinking water, deodorization, and control industrial pollution. It also stores hydrogen for decaffeination, gold purification, and solvent recovery.
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The growing world population, rapid urbanization & industrialization has increased the demand for potable water. Water finds its applications in households, commercial sectors, manufacturing & construction. The existing freshwater supply on earth cannot meet the growing water demand. These resources are already over-exploited, which has led to their depletion and scarcity of water across the globe. The release of industrial effluents and other anthropogenic activities has led to water pollution, making it unsuitable for consumption. Activated carbon is used for treating contaminated water; it removes unwanted foreign particles and makes the water fit for consumption. Similarly, it is also used for processing industrial water before it is released into the natural water bodies to prevent water pollution. The cost-effective, accessible, simple application and environmentally friendly nature of activated carbon make it the ideal choice for water treatment.
The raw materials used to manufacture activated carbon are coal, wood, peat, and coconut shells. Coconut shells are primarily used for the production of activated carbon. However, the fluctuations in the supply of coconut shells, given its broad scope of application in other industries like steel, oil, iron, electricity, and cement, will hamper the market's growth.
Activated carbon is primarily used in treating water to make it fit for consumption. It is used to treat industrial discharge before it is released into the natural water bodies to reduce water pollution. With rapid industrialization and the growing population, air pollution has risen recently. The increased number of people dying due to pulmonary ailments has raised the alarm for government authorities to devise programs to reduce air pollution and preserve human health. Activated carbon is increasingly being used for air purification at residential, commercial, and industrial levels. It is also used in the food and beverages industry to remove unwanted color and odor of sweeteners, syrups, juices, and other condiments. The rise in the number of applications will provide lucrative opportunities to the market players for the forecast period.
The increased cost of some activated carbon grades has led consumers to explore other water treatment alternatives. The invention of super sand to purify water has gained popularity, given its ability to filter contaminated water five times more efficiently than regular sand. It is a low-cost method to purify water and can challenge the growth of the activated carbon market during the forecast period.
The global activated carbon market has been segmented based on application, product type, end-use industry, and region.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific emerged as the largest market for the global activated carbon market, with a 39.6% share of the market revenue in 2021.
The Asia Pacific Region Activated Carbon Market Share in 2021 - 39.6%
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The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global activated carbon industry.
The sale of Cabot Corporation's Purification Solutions division, which includes the activated carbon division, to One Equity Partners, was announced in November 2021.
As per The Brainy Insights, the size of the activated carbon market was valued at USD 3.68 billion in 2021 to USD 5.98 billion by 2030.
The global activated carbon market is growing at a CAGR of 5.56% during the forecast period 2022-2030.
The global activated carbon market has been segmented based on application, product type, end user industry, and regions. The gas phase application segment led the market in 2021.
The Asia Pacific region emerged as the largest market for activated carbon.
The market's growth will be influenced by the rising world population coupled with decreasing potable water resources.
The uncertain supply of raw materials could hamper market growth.
The growing number of applications will provide huge opportunities to the market.
Key players are Cabot Corporation, Kuraray Co. Ltd., JACOBI CARBONS GROUP, CARBOTECH AC GMBH, Osaka Gas Co. Ltd., Haycarb PLC, Kureha Corporation, CarbPure Technologies, Boyce Carbon, and Donau Chemie AG.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Application
4.3.2. Market Attractiveness Analysis by Product Type
4.3.3. Market Attractiveness Analysis by End-User Industry
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The rising world population coupled with decreasing potable water resources
5.3. Restraints
5.3.1. The uncertain supply of raw materials
5.4. Opportunities
5.4.1. The growing number of applications
5.5. Challenges
5.5.1. Presence of alternatives
6. Global Activated Carbon Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Gas-Phase Application
6.3. Liquid-Phase Application
6.4. Others
7. Global Activated Carbon Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. Powdered Activated Carbon
7.3. Granular Activated Carbon
7.4. Others
8. Global Activated Carbon Market Analysis and Forecast, By End-User Industry
8.1. Segment Overview
8.2. Water Treatment
8.3. Automotive Industry
8.4. Air Purification
8.5. Food & Beverages
8.6. Pharmaceuticals & Medical
8.7. Others
9. Global Activated Carbon Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Activated Carbon Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Activated Carbon Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Cabot Corporation
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Kuraray Co. Ltd.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. JACOBI CARBONS GROUP
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. CARBOTECH AC GMBH
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Osaka Gas Co. Ltd.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Haycarb PLC
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Kureha Corporation
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. CarbPure Technologies
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Boyce Carbon
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Donau Chemie AG
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Activated Carbon Market, By Application, 2019-2030 (USD Billion)
2. Global Gas-Phase Application Activated Carbon Market, By Region, 2019-2030 (USD Billion)
3. Global Liquid-Phase Application Activated Carbon Market, By Region, 2019-2030 (USD Billion)
4. Global Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
5. Global Powdered Activated Carbon Market, By Region, 2019-2030 (USD Billion)
6. Global Granular Activated Carbon Market, By Region, 2019-2030 (USD Billion)
7. Global Others Activated Carbon Market, By Region, 2019-2030 (USD Billion)
8. Global Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
9. Global Water Treatment Activated Carbon Market, By Region, 2019-2030 (USD Billion)
10. Global Automotive Industry Activated Carbon Market, By Region, 2019-2030 (USD Billion)
11. Global Air Purification Activated Carbon Market, By Region, 2019-2030 (USD Billion)
12. Global Food & Beverages Activated Carbon Market, By Region, 2019-2030 (USD Billion)
13. Global Pharmaceuticals & Medical Activated Carbon Market, By Region, 2019-2030 (USD Billion)
14. Global Others Activated Carbon Market, By Region, 2019-2030 (USD Billion)
15. Global Activated Carbon Market, By Region, 2019-2030 (USD Billion)
16. North America Activated Carbon Market, By Application, 2019-2030 (USD Billion)
17. North America Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
18. North America Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
19. U.S. Activated Carbon Market, By Application, 2019-2030 (USD Billion)
20. U.S. Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
21. U.S. Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
22. Canada Activated Carbon Market, By Application, 2019-2030 (USD Billion)
23. Canada Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
24. Canada Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
25. Mexico Activated Carbon Market, By Application, 2019-2030 (USD Billion)
26. Mexico Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
27. Mexico Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
28. Europe Activated Carbon Market, By Application, 2019-2030 (USD Billion)
29. Europe Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
30. Europe Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
31. Germany Activated Carbon Market, By Application, 2019-2030 (USD Billion)
32. Germany Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
33. Germany Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
34. France Activated Carbon Market, By Application, 2019-2030 (USD Billion)
35. France Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
36. France Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
37. U.K. Activated Carbon Market, By Application, 2019-2030 (USD Billion)
38. U.K. Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
39. U.K. Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
40. Italy Activated Carbon Market, By Application, 2019-2030 (USD Billion)
41. Italy Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
42. Italy Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
43. Spain Activated Carbon Market, By Application, 2019-2030 (USD Billion)
44. Spain Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
45. Spain Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
46. Asia Pacific Activated Carbon Market, By Application, 2019-2030 (USD Billion)
47. Asia Pacific Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
48. Asia Pacific Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
49. Japan Activated Carbon Market, By Application, 2019-2030 (USD Billion)
50. Japan Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
51. Japan Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
52. China Activated Carbon Market, By Application, 2019-2030 (USD Billion)
53. China Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
54. China Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
55. India Activated Carbon Market, By Application, 2019-2030 (USD Billion)
56. India Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
57. India Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
58. South America Activated Carbon Market, By Application, 2019-2030 (USD Billion)
59. South America Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
60. South America Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
61. Brazil Activated Carbon Market, By Application, 2019-2030 (USD Billion)
62. Brazil Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
63. Brazil Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
64. Middle East and Africa Activated Carbon Market, By Application, 2019-2030 (USD Billion)
65. Middle East and Africa Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
66. Middle East and Africa Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
67. UAE Activated Carbon Market, By Application, 2019-2030 (USD Billion)
68. UAE Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
69. UAE Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
70. South Africa Activated Carbon Market, By Application, 2019-2030 (USD Billion)
71. South Africa Activated Carbon Market, By Product Type, 2019-2030 (USD Billion)
72. South Africa Activated Carbon Market, By End-User Industry, 2019-2030 (USD Billion)
List of Figures
1. Global Activated Carbon Market Segmentation
2. Activated Carbon Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Activated Carbon Market Attractiveness Analysis by Application
9. Global Activated Carbon Market Attractiveness Analysis by Product Type
10. Global Activated Carbon Market Attractiveness Analysis by End-User Industry
11. Global Activated Carbon Market Attractiveness Analysis by Region
12. Global Activated Carbon Market: Dynamics
13. Global Activated Carbon Market Share by Application (2022 & 2030)
14. Global Activated Carbon Market Share by Product Type (2022 & 2030)
15. Global Activated Carbon Market Share by End-User Industry (2022 & 2030)
16. Global Activated Carbon Market Share by Regions (2022 & 2030)
17. Global Activated Carbon Market Share by Company (2021)
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global activated carbon market based on below-mentioned segments:
Global Activated Carbon Market by Application:
Global Activated Carbon Market by Product Type:
Global Activated Carbon Market by End-User Industry:
Global Activated Carbon Market by Region:
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