PUBLISHER: BIS Research | PRODUCT CODE: 1469112
PUBLISHER: BIS Research | PRODUCT CODE: 1469112
Global Activated Carbon Market: Focus on Application, End-Use Industry, Activated Carbon Type, Raw Material, and Region - Analysis and Forecast, 2024-2034
Introduction to Global Activated Carbon Market
The activated carbon market is experiencing significant growth due to its wide range of applications in purification and filtration processes across various industries, including water treatment, air purification, pharmaceuticals, food and beverage, and industrial processes. Considering the optimistic scenario, the market is valued at $5.08 billion in 2024 and is expected to grow at a CAGR of 9.06% to reach $12.10 billion by 2034.
| KEY MARKET STATISTICS | |
|---|---|
| Forecast Period | 2024 - 2034 |
| 2024 Evaluation | $5.08 Billion |
| 2034 Forecast | $12.10 Billion |
| CAGR | 9.06% |
The Asia-Pacific region holds the highest market growth for the activated carbon market. This growth is primarily attributed to the presence of major product-consuming countries such as China and India, where there is a significant demand for activated carbon, especially for water treatment applications.
For instance, in September 2023, SUEZ announced the signing of two landmark contracts in China, marking significant strides in the water and waste management sectors aligned with China's carbon neutrality goals for 2060. Such initiatives by major corporations such as SUEZ highlight the region's commitment to addressing environmental challenges through technological and infrastructural advancements, further propelling the demand for sustainable solutions in water treatment and waste management and enabling the growth of the activated carbon market.
The demand for activated carbon is surging, particularly fueled by expansion in industries such as pharmaceuticals, food and beverage, and chemicals. From drug detoxification and purification processes to its use in kidney dialysis machines for removing toxins from the blood, activated carbon's role in healthcare is expanding. Additionally, its application in protective masks and air purifiers underscores its importance in preventing disease transmission, particularly in hospital settings and laboratories, where clean air is crucial. Furthermore, the pharmaceutical industry is leveraging activated carbon's adsorptive capabilities for the purification of active pharmaceutical ingredients (APIs), ensuring the removal of impurities and the achievement of high purity levels in final drug formulations.
Market Segmentation:
Segmentation 1: by Application
- Liquid-Phase Adsorption
- Gas-Phase Adsorption
Segmentation 2: by End-Use Industry
- Water Treatment
- Food and Beverages
- Pharmaceutical and Medical
- Automotive
- Others
Segmentation 3: by Activated Carbon Type
- Powdered Activated Carbon (PAC)
- Granular Activated Carbon (GAC)
- Others
Segmentation 4: by Raw Material
- Coal
- Coconut
- Peat
- Wood
- Others
Segmentation 5: by Region
- North America
- Europe
- Asia-Pacific
- Rest-of-the-World
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, type portfolio, and market penetration.
Some prominent names in the market include:
- Cabot Corporation
- KURARAY CO., LTD.
- JACOBI CARBONS GROUP
- Haycarb (Pvt) Ltd
- Ingevity
- Albemarle Corporation
Key Questions Answered
- How are evolving environmental regulations across different regions expected to impact the global demand and supply chain for activated carbon over the next five years?
- In what ways might advancements in activated carbon technology address the increasing consumer demand for sustainable and eco-friendly purification solutions?
- How could shifts in industrial processes towards greener alternatives influence the development of new activated carbon applications?
- What role will be emerging markets play in the global activated carbon industry, and how might their regulatory and economic landscapes shape market trends?
- How could changes in raw material availability and price volatility affect the cost structure and profitability within the activated carbon market?
Table of Contents
Executive Summary
Scope and Definition
Market/Product Definition
Key Questions Answered
Analysis and Forecast Note
1 Markets: Industry Outlook
- 1.1 Trends: Current and Future Impact Assessment
- 1.2 Supply Chain Overview
- 1.2.1 Value Chain Analysis
- 1.2.2 Market Map
- 1.2.3 Pricing Forecast
- 1.3 R&D Review
- 1.3.1 Patent Filing Trend (by Country and Company)
- 1.4 Regulatory Landscape
- 1.5 Stakeholder Analysis
- 1.5.1 Use Case
- 1.5.2 End User and Buying Criteria
- 1.6 Impact Analysis for Key Global Events
- 1.7 Market Dynamics Overview
- 1.7.1 Market Drivers
- 1.7.2 Market Restraints
- 1.7.3 Market Opportunities
2 Activated Carbon Market (by Application)
- 2.1 Application Segmentation
- 2.2 Application Summary
- 2.3 Activated Carbon Market (by Application)
- 2.3.1 Liquid-Phase Adsorption
- 2.3.2 Gas-Phase Adsorption
- 2.4 Activated Carbon Market (by End-Use Industry)
- 2.4.1 Water Treatment
- 2.4.2 Food and Beverages
- 2.4.3 Pharmaceutical and Medical
- 2.4.4 Automotive
- 2.4.5 Others
3 Activated Carbon Market (by Product)
- 3.1 Product Segmentation
- 3.2 Product Summary
- 3.3 Activated Carbon Market (by Activated Carbon Type)
- 3.3.1 Powdered Activated Carbon (PAC)
- 3.3.2 Granular Activated Carbon (GAC)
- 3.3.3 Others
- 3.4 Activated Carbon Market (by Raw Material)
- 3.4.1 Coal
- 3.4.2 Coconut
- 3.4.3 Peat
- 3.4.4 Wood
- 3.4.5 Others
4 Global Activated Carbon Market (by Region)
- 4.1 Activated Carbon Market (by Region)
- 4.2 North America
- 4.2.1 Regional Overview
- 4.2.2 Driving Factors for Market Growth
- 4.2.3 Factors Challenging the Market
- 4.2.4 Application
- 4.2.5 Product
- 4.2.6 U.S.
- 4.2.6.1 Market by Application
- 4.2.6.2 Market by Product
- 4.2.7 Canada
- 4.2.7.1 Market by Application
- 4.2.7.2 Market by Product
- 4.2.8 Mexico
- 4.2.8.1 Market by Application
- 4.2.8.2 Market by Product
- 4.3 Europe
- 4.3.1 Regional Overview
- 4.3.2 Driving Factors for Market Growth
- 4.3.3 Factors Challenging the Market
- 4.3.4 Application
- 4.3.5 Product
- 4.3.6 Germany
- 4.3.6.1 Market by Application
- 4.3.6.2 Market by Product
- 4.3.7 France
- 4.3.7.1 Market by Application
- 4.3.7.2 Market by Product
- 4.3.8 U.K.
- 4.3.8.1 Market by Application
- 4.3.8.2 Market by Product
- 4.3.9 Italy
- 4.3.9.1 Market by Application
- 4.3.9.2 Market by Product
- 4.3.10 Rest-of-Europe
- 4.3.10.1 Market by Application
- 4.3.10.2 Market by Product
- 4.4 Asia-Pacific
- 4.4.1 Regional Overview
- 4.4.2 Driving Factors for Market Growth
- 4.4.3 Factors Challenging the Market
- 4.4.4 Application
- 4.4.5 Product
- 4.4.6 China
- 4.4.6.1 Market by Application
- 4.4.6.2 Market by Product
- 4.4.7 Japan
- 4.4.7.1 Market by Application
- 4.4.7.2 Market by Product
- 4.4.8 India
- 4.4.8.1 Market by Application
- 4.4.8.2 Market by Product
- 4.4.9 South Korea
- 4.4.9.1 Market by Application
- 4.4.9.2 Market by Product
- 4.4.10 Rest-of-Asia-Pacific
- 4.4.10.1 Market by Application
- 4.4.10.2 Market by Product
- 4.5 Rest-of-the-World
- 4.5.1 Regional Overview
- 4.5.2 Driving Factors for Market Growth
- 4.5.3 Factors Challenging the Market
- 4.5.4 Application
- 4.5.5 Product
- 4.5.6 South America
- 4.5.6.1 Market by Application
- 4.5.6.2 Market by Product
- 4.5.7 Middle East and Africa
- 4.5.7.1 Market by Application
- 4.5.7.2 Market by Product
5 Companies Profiled
- 5.1 Next Frontiers
- 5.2 Geographic Assessment
- 5.2.1
- 5.2.1.1 Overview
- 5.2.1.2 Top Products/Product Portfolio
- 5.2.1.3 Top Competitors
- 5.2.1.4 Target Customers
- 5.2.1.5 Key Personnel
- 5.2.1.6 Analyst View
- 5.2.1.7 Market Share
- 5.2.2 KURARAY CO., LTD.
- 5.2.2.1 Overview
- 5.2.2.2 Top Products/Product Portfolio
- 5.2.2.3 Top Competitors
- 5.2.2.4 Target Customers
- 5.2.2.5 Key Personnel
- 5.2.2.6 Analyst View
- 5.2.2.7 Market Share
- 5.2.3 JACOBI CARBONS GROUP
- 5.2.3.1 Overview
- 5.2.3.2 Top Products/Product Portfolio
- 5.2.3.3 Top Competitors
- 5.2.3.4 Target Customers
- 5.2.3.5 Key Personnel
- 5.2.3.6 Analyst View
- 5.2.3.7 Market Share
- 5.2.4 Haycarb (Pvt) Ltd
- 5.2.4.1 Overview
- 5.2.4.2 Top Products/Product Portfolio
- 5.2.4.3 Top Competitors
- 5.2.4.4 Target Customers
- 5.2.4.5 Key Personnel
- 5.2.4.6 Analyst View
- 5.2.4.7 Market Share
- 5.2.5 Ingevity
- 5.2.5.1 Overview
- 5.2.5.2 Top Products/Product Portfolio
- 5.2.5.3 Top Competitors
- 5.2.5.4 Target Customers
- 5.2.5.5 Key Personnel
- 5.2.5.6 Analyst View
- 5.2.5.7 Market Share
- 5.2.6 Advanced Emissions Solutions Inc.
- 5.2.6.1 Overview
- 5.2.6.2 Top Products/Product Portfolio
- 5.2.6.3 Top Competitors
- 5.2.6.4 Target Customers
- 5.2.6.5 Key Personnel
- 5.2.6.6 Analyst View
- 5.2.6.7 Market Share
- 5.2.7 Fingerprint Cards AB
- 5.2.7.1 Overview
- 5.2.7.2 Top Products/Product Portfolio
- 5.2.7.3 Top Competitors
- 5.2.7.4 Target Customers
- 5.2.7.5 Key Personnel
- 5.2.7.6 Analyst View
- 5.2.7.7 Market Share
- 5.2.8 Albemarle Corporation
- 5.2.8.1 Overview
- 5.2.8.2 Top Products/Product Portfolio
- 5.2.8.3 Top Competitors
- 5.2.8.4 Target Customers
- 5.2.8.5 Key Personnel
- 5.2.8.6 Analyst View
- 5.2.8.7 Market Share
- 5.2.9 Carbon Activated Corporation
- 5.2.9.1 Overview
- 5.2.9.2 Top Products/Product Portfolio
- 5.2.9.3 Top Competitors
- 5.2.9.4 Target Customers
- 5.2.9.5 Key Personnel
- 5.2.9.6 Analyst View
- 5.2.9.7 Market Share
- 5.2.10 Carbotech
- 5.2.10.1 Overview
- 5.2.10.2 Top Products/Product Portfolio
- 5.2.10.3 Top Competitors
- 5.2.10.4 Target Customers
- 5.2.10.5 Key Personnel
- 5.2.10.6 Analyst View
- 5.2.10.7 Market Share
- 5.2.11 CPL Activated Carbons
- 5.2.11.1 Overview
- 5.2.11.2 Top Products/Product Portfolio
- 5.2.11.3 Top Competitors
- 5.2.11.4 Target Customers
- 5.2.11.5 Key Personnel
- 5.2.11.6 Analyst View
- 5.2.11.7 Market Share
- 5.2.12 Donau Carbon GmbH
- 5.2.12.1 Overview
- 5.2.12.2 Top Products/Product Portfolio
- 5.2.12.3 Top Competitors
- 5.2.12.4 Target Customers
- 5.2.12.5 Key Personnel
- 5.2.12.6 Analyst View
- 5.2.12.7 Market Share
- 5.2.13 Evoqua Water Technologies LLC
- 5.2.13.1 Overview
- 5.2.13.2 Top Products/Product Portfolio
- 5.2.13.3 Top Competitors
- 5.2.13.4 Target Customers
- 5.2.13.5 Key Personnel
- 5.2.13.6 Analyst View
- 5.2.13.7 Market Share
- 5.2.14 Kureha Corporation
- 5.2.14.1 Overview
- 5.2.14.2 Top Products/Product Portfolio
- 5.2.14.3 Top Competitors
- 5.2.14.4 Target Customers
- 5.2.14.5 Key Personnel
- 5.2.14.6 Analyst View
- 5.2.14.7 Market Share
- 5.2.15 Puragen Activated Carbons
- 5.2.15.1 Overview
- 5.2.15.2 Top Products/Product Portfolio
- 5.2.15.3 Top Competitors
- 5.2.15.4 Target Customers
- 5.2.15.5 Key Personnel
- 5.2.15.6 Analyst View
- 5.2.15.7 Market Share
- 5.2.16 Others
6 Research Methodology
