Global Activated Carbon Filtration Market to Reach $736.5 Million by 2030
The global market for Activated Carbon Filtration estimated at US$561.7 Million in the year 2023, is expected to reach US$736.5 Million by 2030, growing at a CAGR of 3.9% over the analysis period 2023-2030. Industrial Water Purification End-Use, one of the segments analyzed in the report, is expected to record a 3.8% CAGR and reach US$250 Million by the end of the analysis period. Growth in the Drinking Water Purification End-Use segment is estimated at 3.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $151.9 Million, While China is Forecast to Grow at 6.6% CAGR
The Activated Carbon Filtration market in the U.S. is estimated at US$151.9 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$151 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$97.8 Million by the year 2030.
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