Global Supercapacitor Activated Carbon (=2000m2/g) Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Supercapacitor Activated Carbon (≥2000m2/g) Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Supercapacitors are electrochemical energy storage systems designed to store and transfer energy quickly. Activated carbon is a form of carbon that has been processed to have small, low-volume pores that increase the surface area available for adsorption or chemical reactions. Activated carbon includes coal, coconut shells, and biomass. Activated carbon is used as the electrode of supercapacitors due to its excellent electrical conductivity, high surface area, good chemical stability, and relatively low cost. Supercapacitor Activated Carbon (≥2000m2/g) is mainly used in supercapacitors, and is purified to reduce ash below 1% and to reduce halogen and iron impurities below 100 ppm to enable extended cycling. It has the characteristics of a large specific surface area, good electrochemical performance, and high capacity.

Market Overview:

The latest research study on the global Supercapacitor Activated Carbon (≥2000m2/g) market finds that the global Supercapacitor Activated Carbon (≥2000m2/g) market reached a value of USD 78.36 million in 2023. It’s expected that the market will achieve USD 161.76 million by 2029, exhibiting a CAGR of 12.84% during the forecast period.

Advantages of supercapacitor activated carbon

In recent years, the battery industry has made great progress in the research of high-energy and power energy storage systems. As a new type of energy storage device between traditional capacitors and rechargeable batteries, supercapacitors usually have the advantages of large energy storage, high power density, fast transmission speed, and good cycle stability. They can be used for power systems and car charging Replacement or supplemental needs for batteries, and portable electronic devices. The electrode material of a supercapacitor determines its electrochemical performance, and carbonaceous materials, transition metal oxides, and conductive polymers are usually used as electrode materials. Compared with other carbon materials, activated carbon has the advantages of high surface area, good conductivity, low cost, and mature manufacturing technology, and is one of the most versatile materials for manufacturing supercapacitor electrode materials. Supercapacitors use activated carbon, which can store electrolytes in their pores. When the energy expended is recycled, the electrolyte can quickly fill up with electrons and hold it with minimal leakage and a capacity far exceeding its mass. When the stored energy needs to be released, activated carbon can do so quickly and without significant energy loss, restoring the optimal capacity of the supercapacitor battery. This means the battery can be repeatedly charged and discharged thousands of times without loss of performance. Therefore, supercapacitors are a new technology that is expected to become the electrical energy storage device of the future. Activated carbon can reduce the resistance of capacitors, and improve power density and cycle life. It can also be used in aqueous, organic, and hybrid supercapacitor systems. As the advantages of activated carbon for supercapacitors are becoming more and more well-known, the demand for it in downstream industries is also increasing.

Increased demand for renewable energy systems

Energy plays a vital role in modern society, enabling various systems to meet human needs, such as industrial production, transportation, residential air conditioning, and mobile communication devices. Due to the unsustainability and environmental hazards of fossil fuels, countries around the world are planning to increase the use of renewable energy, improve energy efficiency, and switch to electric vehicles. From hybrid cars to power tools to harnessing natural energy like wind, wave, and solar. Storage of energy becomes a serious problem, especially short-term accumulation for immediate and rapid reuse. Therefore, supercapacitors are being developed to meet this challenge. Supercapacitors are an advanced technology used in various energy storage systems, which can provide advanced power density compared to batteries and higher energy density than traditional capacitors. Due to the increasing demand for renewable energy systems and the promotion of favorable government regulations, supercapacitors with longer service life are widely used in solar and wind power, solar photovoltaic panels and solar lighting are new directions for the future development of supercapacitors. The prolonged rise in gasoline prices around the world has prompted government regulations to push the electric vehicle industry to shift to an environmentally friendly and fuel-efficient mode of transportation. Supercapacitors are suitable for use in the automotive industry due to their properties such as long shelf life, high power density, and fast charging capabilities. Consumers and automakers are increasingly demanding energy-saving and high-performance supercapacitors. As European society transitions to a cleaner future, the EU's shift to cleaner energy sources and efforts to accelerate the development and deployment of renewable energy technologies increase, and the need for reliable and efficient energy storage continues to rise. The acceleration of utility-scale energy storage deployment has led to increased demand for battery materials. Among all energy storage devices, supercapacitors cause the least damage to the environment. Furthermore, industrial waste treatment is gaining more attention and the demand for activated carbon is increasing in industrial economies. Government initiatives to improve water and air quality are increasing and the demand for water filtration and air purification is growing. The growth of the activated carbon industry will benefit from the improvement of a series of environmental regulations. Hence, the demand for energy storage from renewable energy sources is driving the market size of supercapacitors activated carbon.

Region Overview:

In 2022, the share of the Supercapacitor Activated Carbon (≥2000m2/g) market in Japan stood at 69.64%.

Company Overview:

The major players operating in the Supercapacitor Activated Carbon (≥2000m2/g) market include Kuraray, Power Carbon Technology, Haycarb, Zhejiang Apex Energy Technology, Fujian Yuanli Active Carbon, etc. Among which, Kuraray ranked top in terms of sales and revenue in 2023.

Kuraray is a synthetic and chemical fiber manufacturing company. It develops and commercializes chemicals, resins, fibers, high-performance materials, and medical products. The company’s product portfolio includes vinyl acetate derivatives, isoprene derivatives, methacrylate derivatives, medical agents, and eco-friendly products, besides the gas barrier material EVAL. It provides engineering, design, construction, and maintenance services for chemicals, food processing, pharmaceuticals, and electronic material manufacturing facilities. Kuraray also offers resin-based dental materials, dental adhesives, and cement to bond dental structures.

KURARAY CHEMICAL CO., LTD., as the predecessor of KURARAY CO., LTD. Environmental Solutions Division, began with the production and sales of carbon disulfide. The activated carbon business began in 1965 and the company gradually shifted to the activated carbon business. When the production of carbon disulfide stopped in 1987, Kuraray’s business specialized in activated carbon business, functional activated carbon business, and equipment manufacturing business placing the activated carbon technology as the core of the company.

Segmentation Overview:

By type, 2000-2200 m2/g segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Electric Double-layer Capacitors (EDLCs) segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Supercapacitor Activated Carbon (≥2000m2/g) market covered in Chapter 3:

Power Carbon Technology
Zhejiang Apex Energy Technology
Yihuan Carbon
Kuraray
Haycarb
Fujian Yuanli Active Carbon

In Chapter 4 and Chapter 14.2, on the basis of types, the Supercapacitor Activated Carbon (≥2000m2/g) market from 2019 to 2030 is primarily split into:

2000-2200 m2/g
Above 2200 m2/g

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Supercapacitor Activated Carbon (≥2000m2/g) market from 2019 to 2030 covers:

Electric Double-layer Capacitors (EDLCs)
Lithium-ion Capacitors (LICs)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) 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)