Product Code: PM1477
The global activated carbon market size is expected to reach USD 9.03 Billion by 2032, according to a new study by Polaris Market Research. The report "Activated Carbon Market Share, Size, Trends, Industry Analysis Report, By Product Type (Granular, Powdered, Others); By Application; By End-Use; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The activated carbon industry is expected to witness substantial growth in the near future due to the rising demand from various end-use sectors such as water treatment, air purification, and food and beverage processing. The market's expansion is also anticipated to be driven by the increasing awareness of environmental pollution and the need for efficient wastewater treatment solutions. Furthermore, the use of activated carbon in the production of energy storage devices, such as batteries and supercapacitors, is expected to boost the market's growth further.
Despite the market's potential for growth, several factors impede its progress, including the high cost of the raw materials used in its production. The availability of alternative technologies, such as membrane filtration and ion exchange resins, poses a threat to the market's growth. Additionally, the pandemic-like situation has negatively impacted the market, causing disruptions in supply chains and decreased demand from some end-use sectors.
The activated carbon market is witnessing significant growth owing to the increasing demand for air purification devices. With growing awareness regarding the harmful effects of air pollution, people are increasingly seeking ways to improve indoor air quality. Activated carbon is a crucial element in many air purification systems due to its highly effective adsorption properties, which enable it to remove impurities and contaminants from the air. In order to maintain a competitive edge in the market, businesses engage in various activities such as research and development, production, marketing, and sales.
Activated Carbon Market Report Highlights
The powdered activated carbon segment possessed the highest percentage of revenue in the global market in the year 2023 because of its widespread application in water treatment, air purification, and food and beverage processing.
In 2023, the global activated carbon market was predominantly led by the water treatment segment. This was due to the applications it offered in terms of removing impurities and contaminants from water.
The Asia Pacific region is expected to be the major market player owing to various factors. The burgeoning population and industrialization in countries such as China, India, and Indonesia have resulted in a rise in wastewater production. This, in turn, has fueled the demand for activated carbon for water treatment applications.
The global key market players include Boyce Carbon, Cabot Corporation, Carbon Activated Corporation, CarboTech AC GmbH, CarbPure Technologies, Donau Chemie AG, Evoqua Water Technologies LLC, Haycarb PLC, Jacobi Carbons Group, Kuraray Co., Kureha Corporation, Osaka Gas Chemicals Co., Ltd., Oxbow Activated Carbon LLC, Tantech Holdings Ltd, etc.
Polaris Market Research has segmented the activated carbon market report based on product type, application, end-use, and region:
Activated Carbon, Product Type Outlook (Revenue - USD Billion, 2019 - 2032)
Activated Carbon, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Activated Carbon, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
- Air Purification
- Automotive
- Food & Beverage Processing
- Pharmaceutical & Medical
- Water Treatment
- Others
Activated Carbon, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Activated Carbon Market Insights
- 4.1. Activated Carbon Market - End-Use Snapshot
- 4.2. Activated Carbon Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising demand for air purification devices drives market growth
- 4.2.1.2. The growing need for effective wastewater treatment solutions propels the market growth
- 4.2.2. Restraints and Challenges
- 4.2.2.1. The availability of alternative technologies hinders market growth
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Activated Carbon Market End-Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Activated Carbon Market, by Product Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 5.3. Granular
- 5.3.1. Global Activated Carbon Market, by Granular, by Region, 2019-2032 (USD Billion)
- 5.4. Powdered
- 5.4.1. Global Activated Carbon Market, by Powdered, by Region, 2019-2032 (USD Billion)
- 5.5. Others
- 5.5.1. Global Activated Carbon Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Activated Carbon Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 6.3. Gas Phase
- 6.3.1. Global Activated Carbon Market, by Gas Phase, by Region, 2019-2032 (USD Billion)
- 6.4. Liquid Phase
- 6.4.1. Global Activated Carbon Market, by Liquid Phase, by Region, 2019-2032 (USD Billion)
7. Global Activated Carbon Market, by End-Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 7.3. Air Purification
- 7.3.1. Global Activated Carbon Market, by Air Purification, By Region, 2019-2032 (USD Billion)
- 7.4. Automotive
- 7.4.1. Global Activated Carbon Market, by Automotive, By Region, 2019-2032 (USD Billion)
- 7.5. Food & Beverage Processing
- 7.5.1. Global Activated Carbon Market, by Food & Beverage Processing, By Region, 2019-2032 (USD Billion)
- 7.6. Pharmaceutical & Medical
- 7.6.1. Global Activated Carbon Market, by Pharmaceutical & Medical, By Region, 2019-2032 (USD Billion)
- 7.7. Water Treatment
- 7.7.1. Global Activated Carbon Market, by Water Treatment, By Region, 2019-2032 (USD Billion)
- 7.8. Others
- 7.8.1. Global Activated Carbon Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Activated Carbon Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Activated Carbon Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Activated Carbon Market - North America
- 8.3.1. North America: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Activated Carbon Market - U.S.
- 8.3.4.1. U.S.: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Activated Carbon Market - Canada
- 8.3.5.1. Canada: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4. Activated Carbon Market - Europe
- 8.4.1. Europe: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Activated Carbon Market - UK
- 8.4.4.1. UK: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Activated Carbon Market - France
- 8.4.5.1. France: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Activated Carbon Market - Germany
- 8.4.6.1. Germany: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Activated Carbon Market - Italy
- 8.4.7.1. Italy: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Activated Carbon Market - Spain
- 8.4.8.1. Spain: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Activated Carbon Market - Netherlands
- 8.4.9.1. Netherlands: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Activated Carbon Market - Russia
- 8.4.10.1. Russia: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.5. Activated Carbon Market - Asia Pacific
- 8.5.1. Asia Pacific: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Activated Carbon Market - China
- 8.5.4.1. China: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Activated Carbon Market - India
- 8.5.5.1. India: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Activated Carbon Market - Malaysia
- 8.5.6.1. Malaysia: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Activated Carbon Market - Japan
- 8.5.7.1. Japan: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Activated Carbon Market - Indonesia
- 8.5.8.1. Indonesia: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Activated Carbon Market - South Korea
- 8.5.9.1. South Korea: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.6. Activated Carbon Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Activated Carbon Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Activated Carbon Market - UAE
- 8.6.5.1. UAE: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Activated Carbon Market - Israel
- 8.6.6.1. Israel: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Activated Carbon Market - South Africa
- 8.6.7.1. South Africa: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.7. Activated Carbon Market - Latin America
- 8.7.1. Latin America: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Activated Carbon Market - Mexico
- 8.7.4.1. Mexico: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Activated Carbon Market - Brazil
- 8.7.5.1. Brazil: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Activated Carbon Market - Argentina
- 8.7.6.1. Argentina: Activated Carbon Market, by Product Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Activated Carbon Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Activated Carbon Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Boyce Carbon
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Cabot Corporation
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Carbon Activated Corporation
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. CarboTech AC GmbH
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. CarbPure Technologies
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Donau Chemie AG
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Evoqua Water Technologies LLC
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Haycarb PLC
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Jacobi Carbons Group
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Kuraray Co.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Kureha Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Osaka Gas Chemicals Co., Ltd.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Oxbow Activated Carbon LLC
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Tantech Holdings Ltd
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development