The Europe Activated Carbon Market size is estimated at USD 0.98 billion in 2024, and is expected to reach USD 1.27 billion by 2029, growing at a CAGR of 5.41% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the activated carbon market globally as end-user industries were significantly affected. However, the activated carbon market recovered from the pandemic and grew significantly.
The European Activated Carbon market is consolidated, with the top seven players accounting for around 70% of the market share. Major players in the market (not in any particular order) include Kuraray Co. Ltd, Cabot Corporation, Jacobi Carbons Group (Osaka Gas Chemicals Co. Ltd), Ingevity, and Albemarle Corporation, among others.
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