Industry Overview
The global Activated Carbon Market size in terms of volume was 2.8 million metric tons in 2023 and is expected to reach 3.75 million metric tons by 2030, growing at a CAGR of 6.6% during 2025 – 2030. The activated carbon market is predicted to grow moderately due to the increasing demand for water purification, the rise in the demand for mercury removal plants, and increasing government subsidies and environmental standards.
Market Segmentation
Insight by Type
On the basis of type, the global activated carbon market is segmented into powdered activated carbon, granular activated carbon, and others. Among these types, powdered activated carbon is predicted to have the highest growth rate over the forecast period in the global activated carbon market. The powdered activated carbon segment is predicted to grow due to the alarming air pollution and water pollution which creates more demand for their purification through the powdered activated carbon.
Insight by Application
On the basis of application, the global activated carbon market is bifurcated into liquid phase and gaseous phase. Between these, the gaseous phase is predicted to grow at the fastest rate during the forecast period, owing to the increase in demand for air strippers, soil vapor extraction, tank vent absorbers, odor control, solvent recovery, and mercury removal plants.
Insight by End User
On the basis of end user, the global activated carbon market is segmented into water treatment, food & beverage processing, pharmaceutical & medical, automotive, air purification, and others. Among all the end users, the market in the automotive sector is predicted to grow significantly over the forecast period. The automotive market is predicted to grow due to the increase in demand for pollution control systems and with the help of activated carbon, it can absorb high levels of volatile hydrocarbons in gasoline tank emissions to prevent them from moving into the ambient air strict environmental standards to control pollution level which helps to boost to the overall segment during the forecast period.
Global Activated Carbon Market Report Coverage
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Report Metric
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Details
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Historical Period
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2018 - 2023
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Base Year Considered
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2024
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Forecast Period
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2025 - 2030
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Market Size in 2023
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U.S.D. 2.8 Metric Tons
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Revenue Forecast in 2030
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U.S.D. 3.75 Metric Tons
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Growth Rate
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6.6%
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Segments Covered in the Report
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By Type, By Application, and By End-User
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Report Scope
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Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
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Regions Covered in the Report
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North America, Europe, Asia-Pacific, Middle East, and Rest of the World
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Industry Dynamics
Growth Drivers
Consumers are actively increasing their seriousness with regard to the safety hazards involved with consuming impure water. So, improved management of drinking water, along with increasing demand and tightening environmental requirements and government initiatives is predicted to be the major driving factor for the global activated carbon market.
Challenges
The price of raw material is considered to be very high due to the unavailability of natural resources and the changing environmental conditions have an impact on the production of raw material is considered to hamper the growth of the global activated carbon market over the forecast period.
Opportunities
The rise in the population and health standards are predicted to act as an opportunity for the global activated carbon market in the upcoming years due to the higher range of applications.
Geographic Overview
North America is predicted to have the highest share in the global activated carbon market over the forecast period. The North American market is predicted to grow due to the increasing usage of activated carbon and the implementation of environmental regulations to control air and water pollution levels.
Asia-Pacific is predicted to have the highest growth rate over the forecast period. The APAC market is predicted to grow due to the increasing population and pollution levels affecting the environment for human health.
Competitive Insight
Some of the key players operating in the global activated carbon market are Oxbow Activated Carbon LLC, Silcarbon Aktivkohle GmbH, Kuraray Co. Ltd., Calgon Carbon Corporation, Jacobi Carbons AB, Cabot Corporation, Haycarb plc, and ADA-ES Inc.
The Activated Carbon Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
- Type
- Application
- Liquid Phase
- Gaseous Phase
- End-User
- Water Treatment
- Food & Beverages Processing
- Pharmaceutical & Medical
- Automotive
- Air Purification
- Others
Region Covered in the Report
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Source: VynZ Research
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Source: VynZ Research
