Global Activated Carbon for Water Treatment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Activated Carbon for Water Treatment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Activated carbon is an inert solid adsorbent material commonly used to remove diverse, dissolved contaminants from water and process gas-phase streams. The unique, porous structure and vast surface area of activated carbon, combined with attraction forces, allows activated carbon to capture and hold various types of materials onto its surface. Activated carbon is a porous carbon that traps compounds, mainly organic, present in a liquid. Activated carbon is a powerful adsorbent used prolifically throughout water purification efforts to remove contaminants and undesirable components.

Activated carbon comes in many forms and varieties. It is produced by processing a carbonaceous material, most often coal, wood, or coconut husks, in a high temperature environment such as a rotary kiln in order to “activate” the carbon and create the highly porous surface structure.

Market Overview:

The latest research study on the global Activated Carbon for Water Treatment market finds that the global Activated Carbon for Water Treatment market reached a value of USD 2062.33 million in 2022. It’s expected that the market will achieve USD 2514.62 million by 2028, exhibiting a CAGR of 3.36% during the forecast period.

Short-term negative effects

The sudden onset of the COVID-19 pandemic has led to strict lockdown regulations in many countries, disrupting the import and export of activated carbon. COVID-19 can affect the global economy in three main ways: directly impacting production and demand, disrupting supply chains and markets, and having financial impacts on companies and financial markets. The outbreak of the COVID-19 pandemic has severely impacted the activated carbon market. National lockdowns have disrupted raw material supply chains, putting pressure on industry product supply. Activated carbon has a demand for diversified distribution channels. The convenience of distribution channels requires distributors to have smooth and flexible logistics. However, the pandemic has hit logistics hard, severely impacting turnaround speeds. Factors such as labor shortages and increased raw material costs will increase production costs and risks. At the same time, under the impact of the capital market, investor confidence has been frustrated, and corporate financing has become more difficult. Market closures and supply chain disruptions have contributed to weak industrial output growth amid the COVID-19 outbreak. Strict measures to curb the spread of the disease have affected industrial activity across the region due to the temporary closure of production facilities, which has reduced the use of industrial wastewater treatment.

Long-term recovery

Historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy often shows a V-shaped trend. Affected by the disaster and market sentiment, the economic growth rate usually drops sharply in a short period of time, but as the disaster is gradually controlled, the market sentiment returns to stability, and the temporarily suppressed consumption and investment needs will be released, resulting in Economic rebound.

With the promotion of vaccines and the gradual implementation and maturity of prevention and control measures, the supply chain has gradually recovered. Activated carbon production has gradually returned to normal, and downstream water treatment companies have also returned to normal order driven by the market environment. However, the risk of regional COVID-19 still exists, and the spread of regional variation may bring uncertainty to enterprises, and enterprises need to strengthen their risk prevention and control capabilities.

Political Factors

Strict water management policy

As populations around the world increase and the demand for high-quality water continues to grow, the supply of clean fresh water is rapidly becoming more and more constrained. The governments of various countries have increased their emphasis on water resources, and the promulgation of relevant policies will increase the public's attention to water resources management, thereby promoting the demand for water resources management and driving the demand for water treatment products such as activated carbon.

Social Factors

Increase in water treatment demand

Rapid urbanization, technological progress, infrastructure development, and population growth have increased the global demand for fresh and processed water. However, due to the limited freshwater resources, people are paying more and more attention to wastewater treatment and reuse to meet the ever-increasing demand. This is expected to promote market growth during the forecast period. High-quality water is essential to human health, social and economic development, and ecosystems. Therefore, the continuous growth of population and urbanization, the rapid development of industrialization, and the expansion and intensification of food production have put pressure on water resources. The unregulated or illegal discharge of polluted water inside and outside the country will constitute a significant impact on human health and well-being. The supply of clean, fresh water is rapidly becoming more and more constrained as populations rise and demand for high quality water grows around the world. The challenge is multifaceted. Increasing regulatory pressures require tighter and tighter limits on various contaminants in drinking water supplies and wastewater discharges. Increasing standards of living dictate consumer demand for better tasting water that is free of off-colors and odors. Increasing industrial processes also require cleaner feed water quality. Increasing market demand for Water Treatment promotes market development.

Region Overview:

In global comparison, a significant portion of the revenue was generated in China (32.43% in 2022).

Company Overview:

Kuraray is one of the major players operating in the Activated Carbon for Water Treatment market, holding a share of 18.89% in 2022.

Kuraray

KURARAY CO., LTD. manufactures synthetic and chemical fibers. The Company provides special resin, man-made leather, fine chemicals, and non-woven fabrics used as apparel and industrial materials. Kuraray also produces pharmaceutical and medical products such as dialyzers and dental-care products.

Osaka Gas Chemical Group

Production and sale of carbon fiber and its applied material (molded insulators, nonwoven felt, lightweight acoustic insulator); Production and sale of activated carbon, activated carbon fiber and adsorbent (air-conditioning filters, water purifier cartridges, etc.); Production and sale of Fine Materials (for liquid crystals, optics, and electronics field); Production and sale of wood preservatives, termite control products, and industrial preservatives

Segmentation Overview:

By type, Particles segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Drinking Water Treatment segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Activated Carbon for Water Treatment market covered in Chapter 3:

Osaka Gas Chemical Group
Mulinsen Activated Carbon
MICBAC India
Jinding Activated Carbon
Haycarb
MFAR Carbon
Ningxia Huahui Environmental Technology
Norit Activated Carbon
Shanxi XinHua Chemical
Shenhua Group
Donau Carbon GmbH
DESOTEC
Kuraray
Ingevity

In Chapter 4 and Chapter 14.2, on the basis of types, the Activated Carbon for Water Treatment market from 2018 to 2029 is primarily split into:

Powder
Particles

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Activated Carbon for Water Treatment market from 2018 to 2029 covers:

Drinking Water Treatment
Aquaculture Water Treatment
Sewage Treatment
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)