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

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

Granular Activated Carbon (GAC) is made from organic raw materials with high carbon content, such as coconut shells or coal. It is a professional water filter medium, which is composed of loose carbon particles with an irregular shape, and the size range is 0.2mm to 5mm. It is mainly used to reduce chlorine and related pollutants in influent water. It can improve the taste, color and smell of water and play a huge role in various applications including drinking water, hot drinks such as tea and coffee and mixed drinks.

Market Overview:

The latest research study on the global Granular Activated Carbon market finds that the global Granular Activated Carbon market reached a value of USD 1674.74 million in 2022. It’s expected that the market will achieve USD 2441.61 million by 2028, exhibiting a CAGR of 6.48% during the forecast period.

Increasing demand for water treatment applications

With the increasing demand for clean and safe drinking water, the demand for granular activated carbon products is also increasing. The market growth can be attributed to the characteristics of granular activated carbon products, including a high surface area for adsorption, which can easily remove impurities, such as oils, microorganisms, odor and taste transmitters and chemicals. Including providing industrial solutions, municipal groundwater filtration systems, etc. The exponential growth of the population also leads to consumers' high demand for freshwater, which leads to an increase in clean water consumption. The increasingly serious water pollution forces the government authorities to implement strict industrial wastewater treatment regulations. This makes many industries, such as paper making, chemical industry, paint and dye industry, add water treatment equipment to their facilities, thus increasing the demand for charcoal to remove pollutants.

Region Overview:

Asia Pacific had the highest growth rate of all regions

Company Overview:

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.

Segmentation Overview:

Among different product types, Coal Based segment is anticipated to contribute the largest market share in 2027.

Application Overview:

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

Key Companies in the global Granular Activated Carbon market covered in Chapter 3:

Carbo tech
HUAHUI ENVIRONMENTAL TECHNOLOGY CO., LTD.
Fujian Yuanli Active Carbon Co.,Ltd.
KURARAY
Donau Chemie Group
Norit
Haycarb PLC
Jinding Activated Carbon
Sorbent
Silcarbon Aktivkohle
Euroquarz GmbH
Jacobi Carbons (OSAKA GAS)

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

Coal Based
Wood Based
Coconut Shell Based
Others

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

Water Treatment
Industrial Processes
Food & Beverage
Pharma
Others

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)