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.
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.
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:
The Report Offers:
Benefits of Report Purchase from VynZ:
We provide accurate data and in-depth analysis with all-inclusive coverage.
Robust Research Methodology
Robust research methodology and data triangulation to ensure high quality report.
24*7 analyst support – Pre and post purchase of the report as well as during the project tenure.
24*7 sales support – Hassle free delivery of the report and quick response and support by sales team.
20% post purchase free customization to meet your requirements.
We claim full customer satisfaction as our core values lie in building long term relationship.
High level of data security and confidentiality of your information.
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
Application Insight and Forecast 2015-2025
End User Insight and Forecast 2015-2025
Activated Carbon Market by Region
Rest of the World (RoW)