Global Activated Carbon Market Report and Forecast 2024-2032

Global Activated Carbon Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global activated carbon market is projected to grow at a CAGR of 8.1% between 2024 and 2032. Aided by the escalating demand across diverse industries such as water treatment, air purification, and healthcare, the market is expected to grow significantly by 2032.

Activated carbon, also known as activated charcoal, is a form of carbon processed to have small, low-volume pores that increase the surface area available for adsorption or chemical reactions. Its superior adsorption properties make it a popular choice for a multitude of applications, including water purification, air filtration, and toxin removal.

The activated carbon market growth can be attributed to the surging demand for water purification technologies. With the escalating global concerns about water pollution and the scarcity of clean drinking water, activated carbon has become indispensable in water treatment plants due to its effectiveness in removing impurities, chemicals, and odours.

Moreover, the rise in industrial emissions and growing air pollution levels have spurred the demand for air purification solutions. Activated carbon, with its exceptional capability to trap pollutants and contaminants, is extensively used in air purification systems, both in industrial and residential settings. Its effectiveness in removing volatile organic compounds (VOCs) and controlling odour further bolsters the activated carbon market demand.

The healthcare industry also contributes significantly to the demand for activated carbon. It finds applications in various medical procedures, particularly in treating overdoses and poisonings, due to its toxin-absorbing properties. Additionally, activated carbon is used in the pharmaceutical industry for purifying raw materials and as an active ingredient in certain medications.

Another factor fuelling the growth of the activated carbon market is the stringent environmental regulations being implemented worldwide. Governments and environmental agencies are increasingly focusing on reducing emissions and pollutants, which has led to the adoption of activated carbon in industrial processes for emission control and waste management.

Furthermore, the rapid urbanisation and industrialisation in emerging economies are likely to influence the activated carbon market outlook. As these economies invest in infrastructure and industrial development, the demand for activated carbon in water treatment, air purification, and industrial applications is expected to surge.

In terms of product types, the activated carbon market is segmented into powdered, granular, and other forms. Powdered activated carbon (PAC) holds a significant share of the market due to its extensive use in water treatment applications. Its fine particle size enables it to effectively remove contaminants, making it a preferred choice for municipal water treatment facilities.

Market Segmentation

The market can be divided based on type, application, feedstock, and region.

Market Breakup by Type

• Powdered Activated Carbon
• Granular Activated Carbon
• Others

Market Breakup by Application

• Water Treatment
• Air Treatment
• Gold Treatment
• Respirators
• Solvency Recovery

Market Breakup by Feedstock

• Coconut Shell
• Wood/Coal
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global activated carbon market. Some of the major players explored in the report by Expert Market Research are as follows:

• Kuraray Co., Ltd.
• Oxbow Activated Carbon LLC
• Haycarb (Pvt) Ltd.
• Indo German Carbons Limited (IGCL)
• Shinkwang Chem. Ind. Co., Ltd
• S.I.C.A.V. Spa
• Century Chemical Works Sdn. Bhd
• Cabot Corporation
• Osaka Gas Chemicals Co., Ltd.
• Donau Carbon GmbH
• Norit Nederland B.V.
• Carbon Activated Corporation.
• Ingevity Corporation
• Silcarbon Aktivkohle GmbH
• CPL Activated Carbons
• Eurocarb Products Limited
• Euroquarz GmbH
• Puragen LLC
• Active Carbon India Pvt. Ltd.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.