Activated Carbon Market is expected to expand at a compound annual growth rate (CAGR) of 12.4% between 2025 and 2035
The market for activated carbon market is expanding quickly, and there is a ton of room for expansion and innovation in the future. The global market for activated carbon was estimated to be worth USD 6.5 billion in 2024, and it is expected to expand at a compound annual growth rate (CAGR) of 12.4% between 2025 and 2035. The market for activated carbon is anticipated to keep growing as laws become more stringent, new technologies are developed, and environmental concerns increase.
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Because of its enormous surface area, activated carbon is a material that may be used in a variety of ways. Global industrialization, stricter air and water quality standards, and growing environmental concerns are all factors that are directly influencing the need for activated carbon. The goal of ongoing research and development is to increase the efficacy and efficiency of goods made from activated carbon.
Activated Carbon Market Growth Drivers:
Activated carbon is frequently used in water treatment processes to eliminate organic pollutants, disinfection byproducts, molecules that give water its taste and odor, and emerging pollutants including microplastics and medications. The market for activated carbon is being driven by the growth of municipal water treatment infrastructure and the requirement to remediate industrial wastewater.
In order to absorb and get rid of dangerous gases, particles, volatile organic compounds (VOCs), and smells, activated carbon is utilized in air purification systems. Because of the growing demand for efficient air quality control methods brought on by urbanization, automobile emissions, and industrial activity, the market for activated carbon is expanding.
Activated Carbon Market Segmentation:
· By Product Type: Powdered Activated Carbon (PAC), Granular Activated Carbon (GAC), Extruded Activated Carbon (EAC), Bead-shaped Activated Carbon (BAC), Other Types of Activated Carbon
· By Raw Material Type: Coal-based Activated Carbon, Coconut Shell-based Activated Carbon, Wood-based Activated Carbon, Other Raw Material Type
· By Application: Water Treatment, Air Purification, Food and Beverage Processing, Pharmaceutical and Medical Applications, Industrial Applications, Other Applications
· By End-User Industry: Water Treatment Plants, Food & Beverage, Pharmaceutical & Medical, Automotive, Chemical & Petrochemical, Mining, Textiles, Agriculture, Other End-User Industries
· By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
Activated Carbon Market Key Global Players:
Numerous players are vying for market share and investing in new technologies and product development to stay ahead of the curve in the market. Several key global players in the activated carbon market include:
· Cabot Corporation
· Kuraray Co., Ltd.
· Haycarb PLC
· Calgon Carbon Corporation
· Arq, Inc.
· Kureha Corporation
· Jacobi Carbons AB
· Universal Carbons (UCI)
· Carbon Activated Corporation (CAC)
· Tronox Inc.
· Ingevity
· Puragen Activated Carbons
· Donau Carbon GmbH
· Albemarle Corporation
· Boyce Carbon
· CarboTech AC GmbH
· Other Players
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