Global Activated Carbon Market Size in terms of Volume was 2.4 Million Metric Tons and is Expected to Reach 3.5 Million Metric Tons by 2025, Observing a CAGR of 6.1% during 2020–2025

Published Date: Mar, 2020

The global activated carbon market size in terms of volume was 2.4 million metric tons and is expected to reach 3.5 million metric tons by 2025, growing at a CAGR of 6.1% during 2020 – 2025.

The global activated carbon market is significantly driven by the growing demand for water purification along with rising need of products in the mercury removal industries. In addition, stringent government guidelines in the workplace for the removal of hazardous chemical and solvents in the environment also enhance the demand of activated carbon substances. Moreover, rising government initiatives on environmental standards for the minimization of waste water and air pollution are directly impacted the use of activated carbon materials. This is due to activated carbon is an efficient material for the treatment of air pollution and waste water treatment, which will boost the market growth in the coming years. 

Furthermore, constantly growing the technological advancements coupled with growing number of new advanced products by the manufacturers are generating significant growth opportunities in the activated carbon market. However, the market is majorly restrained by the cost of the raw materials. This is because of unavailability of natural resources, which impacting the manufacturing cost of the activated carbon products. This factor also further projected to hamper market growth.

The global Activated Carbon Market is classified into product type, application and end-use vertical.

Powdered segment accounted for the largest share in the global activated carbon market in 2019

Powdered type segment led the global market size in 2018. The growth in the market is majorly owing to extensive usage of powdered type activated carbon material in the end use industries. In addition, growing demand from the water purification and air treatment will drive the market size in the estimated time. Granular type segment accounted for second highest market size in 2018, owing to the growing demand for the removal of volatile organic compounds by using granular activated carbon materials.

Geography Insights

Asia-Pacific market is accounted for second position in the global market in 2019 and is anticipated to continue its trend during the forecast period. This growth is attributed to extensive usage of activated carbon materials in the end use industries such as water treatment, pharmaceutical and food & beverage industries. Also, growing scarcity of the water due to growing population in the high populace countries in the Asia-Pacific region is directly impacting the demand for activated carbon in the water treatment sector, which is further projected to drive the market growth. The activated carbon market for North America region held the largest share in the global activated carbon market and is also estimated to continue its dominance during the forecast period. This is owing to the presence of high commercialization and industrialization economies in the North America region. In addition, growing implementation of environmental rules to control water pollution and increasing demand for urbanization fueling the North America market in the coming years.

Competitive Insights

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.

Key Takeaway from the Report:

  • Among the type, the powdered segment is expected to grow at the fastest rate in the market during the forecast period.
  • Of all application, the liquid phase accounted foremost share in the activated carbon market in 2019.
  • Among all the end user, the automotive segment is anticipated to grow at a fastest CAGR during the forecast period.

The Report Offers:

  • Historical market estimate for the years 2015–2019 and forecast for the years 2020–2025
  • Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
  • Market insights by in-depth segmentation with industry dynamics.
  • Competitive analysis and benchmarking of the industry leaders and their product offerings
  • Profiles of leading players and innovators, their financial overview and product portfolio
  • Analysis of key industry trends and recent developments
  • Value chain analysis and distribution channel analysis with opportunity assessment
  • Market share analysis of major players

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The report provides the market value for the base year 2019 and a yearly forecast till 2025 in terms of volume (Kiloton) and revenue (USD Million). The report segments the global activated carbon market on the basis of type, application, end user, and region.

Global Activated Carbon Market Coverage

Type Insight and Forecast 2015-2025

  • Powdered
  • Granular
  • Others

Application Insight and Forecast 2015-2025

  • Liquid Phase
  • Gaseous Phase

End User Insight and Forecast 2015-2025

  • Water Treatment
  • Food & Beverages Processing
  • Pharmaceutical & Medical
  • Automotive
  • Air Purification
  • Others

Geographical Segmentation

Activated Carbon Market by Region

North America

  • By Type
  • By Application
  • Bu End User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Type
  • By Application
  • Bu End User
  • By Country – Germany, U.K., France, Italy, Spain, Russia, Poland, and Rest of Europe

Asia-Pacific (APAC)

  • By Type
  • By Application
  • Bu End User
  • By Country – China, Japan, India, South Korea, Australia, Indonesia, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Type
  • By Application
  • Bu End User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
Our Industry
Global Activated Carbon Market Size in terms of Volume was 2.4 Million Metric Tons and is Expected to Reach 3.5 Million Metric Tons by 2025, Observing a CAGR of 6.1% during 2020–2025