Global Activated Carbon Market - Trends, COVID-19 impact and Growth Forecasts to 2029
Activated Carbon Market by application (Water Treatment, Food and Beverage Processing, Pharmaceutical and Medical, Automotive, Air Purification, and Others), by region (Asia-Pacific, North America, Europe, South America, Middle East and Africa), with forecasts till 2029 (value and volume)
ChemIntel360’s global Activated Carbon market study is a 150 slide report containing an in-depth analysis of the sector's historical and forecasted spending and consumption patterns. The study offers granular value and volume data from a global, regional and end-use industry perspective.
The global Activated Carbon market was valued at US$7.1 billion in 2021. It is estimated to grow at a CAGR of 9.3% during the forecast period, mainly due to increasing use of the chemical in water treatment and sewage treatment applications.
For this study, we have considered the historical period to run through 2018-2021 and the forecast period from 2022-2029.
Figure 1: Global Activated Carbon Market during 2018-2029 in US$ billion
Key insights from the Global Activated Carbon report
Insights by Application
Activated Carbon, also known as Activated Charcoal, is a porous material with a high surface area used to purify liquid and gases in various applications such as water treatment, food and beverage processing, pharmaceutical and medical, automotive, air purification, and others.
Activated Carbon is primarily used in air filters to remove odors, smoke, volatile organic compounds (VOCs), and other gaseous pollutants through the adsorption process. In air purifiers, Activated Carbon is used along with high-efficiency particulate absorbing (HEPA) filters to capture particles such as dust, lint, mold spores, pet dander, and pollen. Besides providing clean air in households, air purifiers are widely used in industries such as pharmaceutical and electronics where it is essential to maintain clean ambient air to prevent contamination. Air Purification accounted for 42% of the market in 2021.
Water treatment is one of the largest application segment for Activated Carbon during the forecast period. Activated Carbon is used to remove contaminants and impurities through the adsorption process. It is also used in wastewater treatment plants to remove organic compounds allowing discharge of wastewater to water bodies.
In the food and beverage industry, Activated Carbon is used in applications such as treating cane sugar, decolourizing fruit juices and distilled spirits, purifying edible oils, and improving food additive flavors.
Furthermore, Activated Carbon is widely used to treat overdoses and poisoning in the healthcare sector. It is also used in tablets and capsules to alleviate indigestion, diarrhea, and flatulence problems. Additionally, Activated Carbon is extensively used in the pharmaceutical industry to remove pollutants from the drugs during manufacturing. Also, Activated Carbon cloth is used in wound dressings due to its antimicrobial properties and odor control filters.
Activated Carbon is used in the automotive sector to control emissions, remove VOCs, and improve cabin air quality.
Figure 2: Global Activated Carbon Market by Application in 2021
Regional Insights
Asia-Pacific held the largest share of 36% in 2021. This can be attributed to the increasing demand for the product from end-user industries such as water treatment, food and beverage, healthcare, and automotive manufacturing.
The food and beverage industry in China is expected to be the largest consumer of Activated Carbon, owing to its growing population and the increasing per capita income of consumers. Activated Charcoal is extensively used in the food and beverage industry to remove off colors and flavors, and other fermentation byproducts.
Likewise, increasing water requirements and strict government regulations to prevent water pollution have increased the demand for water treatment plants. Also, China has very few freshwater reserves, thereby increasing the need for water purification plants, which drives the demand for Activated Carbon.
Moreover, major players such as Haycarb Plc. (Sri Lanka) and Osaka Gas Co. Ltd. (Japan) in the global Activated Carbon market, operate in the region, ensuring a steady supply of the product to end-use industries.
Industries such as chemical, petrochemicals, and food and beverage in North America and Europe are expected to boost the demand for Activated Carbon in the region.
Figure 3: Global Activated Carbon Market by Region in 2021
Insights on key countries:
The Chinese market was valued at US$1192.8 million in 2021. Activated Carbon are utilized in the food and beverage segment for the reduction and removal of odors. In addition, robust demand of the material in the water treatment sector is expected to contribute to the growth of the Chinese market.
The U.S market was valued at US$1054.2 million in 2021. Growing use of Activated Carbon in the pharmaceutical sector would contribute to the growth of the market. In addition, increasing demand of the product in the air purification segment would drive the growth of the country.
Figure 4: Global Activated Carbon Market by Key Countries in 2021
Market dynamics
Trend
The Activated Carbon market is witnessing a rising demand for recycled or reactivated carbon from major end-use industries such as water treatment, chemicals, and food and beverages, due to a lower cost of recycling. Moreover, granular Activated Carbon can be reactivated multiple times and this reduces the cost of Activated Carbon acquisition by approximately 40%. By using recycled Activated Carbon, companies can also achieve their sustainability goals and reduce the disposal costs of incineration and landfill of used Activated Carbon.
Drivers
Rising manufacturing activities and tightening regulatory policies in emerging and developed nations are expected to drive global Activated Carbon demand. It is being used in many end-use industries as a purifying agent to remove impurities and toxic substances from their products. For instance, the rapid growth in pharmaceutical and chemical industry output is expected to increase the requirement for Activated Carbon utilized in purifying feed water and other intermediates.
Meanwhile, the growing demand for clean drinking water is also expected to boost the market, as most of the water treatment filters use granular Activated Carbon material to remove impurities through the adsorption process. Furthermore, stringent government regulations to fight air and water pollution is expected to further catalyse demand in sectors such as water and sewage treatment applications and automotive manufacturing.
Opportunities
The increasing use of Activated Carbon in the healthcare and pharmaceutical industry is expected to provide lucrative revenue generation opportunities for market participants. Its adsorptive and purification properties make it suitable for many direct and indirect applications in the medical field. For instance, it can be used as an antitoxin to alleviate the effects of poison or over consumption of stimulants, as a deodorizing agent in ostomy care products to remove malodors, or as a filtering medium for dialysis procedures.
Meanwhile, in the pharmaceutical industry, Activated Carbon is primarily used to treat pharmaceutical intermediates and remove by-products without altering the characteristics of chemicals. For instance, it can remove color from the feed or separate degradable products from the mix. It is also being used as an adsorbent in pharmaceutical applications where an effective filtration system is required.
Challenges
One of the significant challenges Activated Carbon manufacturers face is having multiple low-cost substitute products. Some grades of Activated Carbon are very costly and can easily be substituted by materials such as Silica Gel and Supersand. This is expected to impact the growth of the Activated Carbon market over the short to medium term.
COVID-19 Impact
The global Activated Carbon market was adversely affected by the COVID-19 pandemic. Countrywide lockdowns had affected major end-user industries' supply chains, resulting in a fall in overall demand for Activated Carbon. Market participants also witnessed a severe production crisis due to the unavailability of raw materials such as coal, coconut shell charcoal, etc.
However, the rise in the demand for premium face masks, including Activated Carbon filters and pharmaceutical products, has offset some of this decline.
Key Companies
The key players operating in this market are Cabot Corporation, Kureha Corporation, Oxbow Activated Carbon LLC, Osaka Gas Co., Ltd., Jacobi Carbons Group, Donau Carbon GmbH, Ingevity, Kuraray Co. Ltd., and Haycarb Plc.
Developments
In February 2021, Ingevity Corporation increased the Activated Carbon production capacity in its Zhuhai facility in China.
In June 2020, Calgon Carbon Corporation announced capacity expansion at its Pearlington, Mississippi plant by adding a second virgin activated carbon production line.
Scope of the Global Activated Carbon report
This report provides analysis of the latest industry trends and estimates revenue and volume growth at global, regional, and country levels. For this report, ChemIntel360 has segmented the global Activated Carbon market based on application and region.
Insights on Application (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- Air purification
- Water treatment
- Food and Beverage processing
- Pharmaceutical and Medical
- Automotive
- Others
Insights on Regional market (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Asia Pacific
- China
- India
- Japan
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
Table of Contents
Executive summary
Table of contents
List of tables
List of figures
Chapter-1: Introduction
1.1 Objective of the report
1.2 Market definition
1.3 Scope of the report
1.3.1 Markets covered
1.3.2 Years covered
1.4 Conventions
1.5 Stakeholder
1.6 Summary methodology
1.7 Data collection
1.7.1 Secondary research
1.7.2 Primary research
1.8 Market size estimation
1.8.1 Bottom-up approach
1.8.2 Top-down approach
1.9 Data triangulation
1.10 Assumptions and limitations
1.11 COVID-19 impact
Chapter-2: Market Overview
2.1 Introduction
2.2 Covid impact on the market
2.3 Market Dynamics
2.3.1 Drivers
2.3.2 Restraints
2.3.3 Opportunities
2.3.4 Challenges
2.4 Key Players
2.5 Trends
2.6 Recent Developments
Chapter-3: Segment Analysis
3.1.1 Market overview, 2018-2029 (US$ billion)
3.1.2 Market overview, 2018-2029 (million tons)
3.2.1 Activated Carbon Market: Pharmaceutical and Medical (US$ billion)
3.2.2 Activated Carbon Market: Pharmaceutical and Medical (million tons)
3.3.1 Activated Carbon Market: Water Treatment (US$ billion)
3.3.2 Activated Carbon Market: Water Treatment (million tons)
3.4.1 Activated Carbon Market: Food and Beverage Processing (US$ billion)
3.4.2 Activated Carbon Market: Food and Beverage Processing (US$ million tons)
3.5.1 Activated Carbon Market: Automotive (US$ billion)
3.5.2 Activated Carbon Market: Automotive (million tons)
3.6.1 Activated Carbon Market: Air Purification (US$ billion)
3.6.2 Activated Carbon Market: Air Purification (million tons)
3.7.1 Activated Carbon Market: Others (US$ billion)
3.7.2 Activated Carbon Market: Others (million tons)
Chapter-4: Regional Analysis
4.1 Market overview, 2018-2029
4.2.1 Market overview, 2018-2029 (US$ billion)
4.2.2 Market overview, 2018-2029 (million tons)
4.3.1 Activated Carbon Market: Asia Pacific (US$ billion)
4.3.2 Activated Carbon Market: Asia Pacific (million tons)
4.4.1 Activated Carbon Market: North America (US$ billion)
4.4.2 Activated Carbon Market: North America (US$ billion)
4.5.1 Activated Carbon Market: Europe (US$ billion)
4.5.2 Activated Carbon Market: Europe (million tons)
4.6.1 Activated Carbon Market: South America (US$ billion)
4.6.2 Activated Carbon Market: South America (million tons)
4.7.1 Activated Carbon Market: Middle East and Africa (US$ billion)
4.7.2 Activated Carbon Market: Middle East and Africa (million tons)
Chapter-5: Regional Market Analysis by Application
5.1 Activated Carbon regional Market application composition
5.1.1 Activated Carbon Market: APAC Water Treatment (US$ billion)
5.1.2 Activated Carbon Market: APAC Water Treatment (million tons)
5.2.1 Activated Carbon Market: APAC Food and Beverage Processing (US$ billion)
5.2.2 Activated Carbon Market: APAC Food and Beverage Processing (million tons)
5.3.1 Activated Carbon Market: APAC Pharmaceutical and Medical (US$ billion)
5.3.2 Activated Carbon Market: APAC Pharmaceutical and Medical (million tons)
5.4.1 Activated Carbon Market: APAC Automotive (US$ billion)
5.4.2 Activated Carbon Market: APAC Automotive (million tons)
5.5.1 Activated Carbon Market: APAC Air Purification (US$ billion)
5.5.2 Activated Carbon Market: APAC Air Purification (million tons)
5.6.1 Activated Carbon Market: APAC Others (US$ billion)
5.6.2 Activated Carbon Market: APAC Others (million tons)
5.7.1 Activated Carbon Market: North America Food and Beverage Processing (US$ billion)
5.7.2 Activated Carbon Market: North America Food and Beverage Processing (million tons)
5.8.1 Activated Carbon Market: North America Water Treatment (US$ billion)
5.8.2 Activated Carbon Market: North America Water Treatment (million tons)
5.9.1 Activated Carbon Market: North America Pharmaceutical and Medical (US$ billion)
5.9.2 Activated Carbon Market: North America Pharmaceutical and Medical (million tons)
5.10.1 Activated Carbon Market: North America Automotive (US$ billion)
5.10.2 Activated Carbon Market: North America Automotive (million tons)
5.11.1 Activated Carbon Market: North America Air Purification (US$ billion)
5.11.2 Activated Carbon Market: North America Air Purification (million tons)
5.12.1 Activated Carbon Market: North America Others (US$ billion)
5.12.2 Activated Carbon Market: North America Others (million tons)
5.13.1 Activated Carbon Market: Europe Food and Beverage Processing (US$ billion)
5.13.2 Activated Carbon Market: Europe Food and Beverage Processing (million tons)
5.14.1 Activated Carbon Market: Europe Water Treatment (US$ billion)
5.14.2 Activated Carbon Market: Europe Water Treatment (million tons)
5.15.1 Activated Carbon Market: Europe Pharmaceutical and Medical (US$ billion)
5.15.2 Activated Carbon Market: Europe Pharmaceutical and Medical (million tons)
5.16.1 Activated Carbon Market: Europe Automotive (US$ billion)
5.16.2 Activated Carbon Market: Europe Automotive (million tons)
5.17.1 Activated Carbon Market: Europe Air Purification (US$ billion)
5.17.2 Activated Carbon Market: Europe Air Purification (million tons)
5.18.1 Activated Carbon Market: Europe Others (US$ billion)
5.18.2 Activated Carbon Market: Europe Others (million tons)
5.19.1 Activated Carbon Market: South America Food and Beverage Processing (US$ billion)
5.19.2 Activated Carbon Market: South America Food and Beverage Processing (million tons)
5.20.1 Activated Carbon Market: South America Water Treatment (US$ billion)
5.20.2 Activated Carbon Market: South America Water Treatment (million tons)
5.21.1 Activated Carbon Market: South America Pharmaceutical and Medical (US$ billion)
5.21.2 Activated Carbon Market: South America Pharmaceutical and Medical (million tons)
5.22.1 Activated Carbon Market: South America Automotive (US$ billion)
5.22.2 Activated Carbon Market: South America Automotive (million tons)
5.23.1 Activated Carbon Market: South America Air Purification (US$ billion)
5.23.2 Activated Carbon Market: South America Air Purification (million tons)
5.24.1 Activated Carbon Market: South America Others (US$ billion)
5.24.2 Activated Carbon Market: South America Others (million tons)
5.25.1 Activated Carbon Market: Middle East and Africa Food and Beverage Processing (US$ billion)
5.25.2 Activated Carbon Market: Middle East and Africa Food and Beverage Processing (million tons)
5.26.1 Activated Carbon Market: Middle East and Africa Water Treatment (US$ billion)
5.26.2 Activated Carbon Market: Middle East and Africa Water Treatment (million tons)
5.27.1 Activated Carbon Market: Middle East and Africa Pharmaceutical and Medical (US$ billion)
5.27.2 Activated Carbon Market: Middle East and Africa Pharmaceutical and Medical (million tons)
5.28.1 Activated Carbon Market: Middle East and Africa Automotive (US$ billion)
5.28.2 Activated Carbon Market: Middle East and Africa Automotive (million tons)
5.29.1 Activated Carbon Market: Middle East and Africa Air Purification (US$ billion)
5.29.2 Activated Carbon Market: Middle East and Africa Air Purification (million tons)
5.30.1 Activated Carbon Market: Middle East and Africa Others (US$ billion)
5.30.2 Activated Carbon Market: Middle East and Africa Others (million tons)
Chapter-6: Key Markets Analysis
6.1 Activated Carbon key Market size composition
6.1.1 Market overview, 2018-2029 (US$ billion)
6.1.2 Market overview, 2018-2029 (million tons)
6.2.1 Activated Carbon Market: US, North America (US$ billion)
6.2.2 Activated Carbon Market: US, North America (million tons)
6.3.1 Activated Carbon Market: Canada, North America (US$ billion)
6.3.2 Activated Carbon Market: Canada, North America (million tons)
6.4.1 Activated Carbon Market: Mexico, North America (US$ billion)
6.4.2 Activated Carbon Market: Mexico, North America (million tons)
6.5.1 Activated Carbon Market: Germany, Europe (US$ billion)
6.5.2 Activated Carbon Market: Germany, Europe (million tons)
6.6.1 Activated Carbon Market: Italy, Europe (US$ billion)
6.6.2 Activated Carbon Market: Italy, Europe (million tons)
6.7.1 Activated Carbon Market: France, Europe (US$ billion)
6.7.2 Activated Carbon Market: France, Europe (million tons)
6.8.1 Activated Carbon Market: China, Asia Pacific (US$ billion)
6.8.2 Activated Carbon Market: China, Asia Pacific (million tons)
6.9.1 Activated Carbon Market: India, Asia Pacific (US$ billion)
6.9.2 Activated Carbon Market: India, Asia Pacific (million tons)
6.10.1 Activated Carbon Market: Japan, Asia Pacific (US$ billion)
6.10.2 Activated Carbon Market: Japan, Asia Pacific (million tons)
6.11.1 Activated Carbon Market: Brazil, South America (US$ billion)
6.11.2 Activated Carbon Market: Brazil, South America (million tons)
6.12.1 Activated Carbon Market: Argentina, South America (US$ billion)
6.12.2 Activated Carbon Market: Argentina, South America (million tons)
6.13.1 Activated Carbon Market: Colombia, South America (US$ billion)
6.13.2 Activated Carbon Market: Colombia, South America (million tons)
6.14.1 Activated Carbon Market: South Africa, Middle East and Africa (US$ billion)
6.14.2 Activated Carbon Market: South Africa, Middle East and Africa (million tons)
6.15.1 Activated Carbon Market: UAE, Middle East and Africa (US$ billion)
6.15.2 Activated Carbon Market: UAE, Middle East and Africa (million tons)
6.16.1 Activated Carbon Market: Saudi Arabia, Middle East and Africa (US$ billion)
6.16.2 Activated Carbon Market: Saudi Arabia, Middle East and Africa (million tons)
Chapter 7: Company Profile
7.1 Cabot Corporation
7.2 Kureha Corporation
7.3 Oxbow Activated Carbon LLC
7.4 Osaka Gas Co., Ltd.
7.5 Jacobi Carbons Group
7.6 Donau Carbon GmbH
7.7 Ingevity
7.8 Kuraray Co. Ltd.
7.9 Haycarb Plc.
Appendix
Glossary of terms
Disclaimer
About Us
List of Tables
Table 1: By value: Activated Carbon Market by application during 2018-2029 in US$ billion
Table 2: By volume: Activated Carbon Market by segment during 2018-2029 in million tons
Table 3: By value: Activated Carbon Market by region during 2018-2029 in US$ billion
Table 4: By volume: Activated Carbon Market by region during 2018-2029 in
million tons
Table 5: By Value: key Activated Carbon Markets in US$ billion
Table 6: By Volume: key Activated Carbon Markets in million tons
List of Figures
Figure 1: By value: Activated Carbon Market segment share during 2018-2029 in %
Figure 2: By volume: Activated Carbon Market segment share during 2018-2029 in %
Figure 3: By value: Share of Pharmaceutical and Medical in Activated Carbon Market during 2018-2029 in %
Figure 4: By value: Pharmaceutical and Medical in Activated Carbon Market during 2018-2029 in US$ billion
Figure 5: By volume: Share of Pharmaceutical and Medical Market during 2018-2029 in %
Figure 6: By volume: Pharmaceutical and Medical Market during 2018-2029 in million tons
Figure 7: By value: Share of Water Treatment Market during 2018-2029 in %
Figure 8: By value: Water Treatment Market during 2018-2029 in US$ billion
Figure 9: By volume: Share of Water Treatment Market during 2018-2029 in %
Figure 10: By volume: Water Treatment Market during 2018-2029
in million tons
Figure 11: By value: Share of Food and Beverage Processing Market during 2018-2029 in %
Figure 12: By value: Food and Beverage Processing Market during 2018-2029 in US$ billion
Figure 13: By volume: Share of Food and Beverage Processing Market during 2018-2029 in %
Figure 14: By volume: Food and Beverage Processing Market during 2018-2029 in million tons
Figure 15: By value: Share of Automotive Market during 2018-2029 in %
Figure 16: By value: Automotive Market during 2018-2029 in US$ billion
Figure 17: By volume: Share of Automotive Market during 2018-2029 in %
Figure 18: By volume: Automotive Market during 2018-2029 in million tons
Figure 19: By value: Share of Air Purification Market during 2018-2029 in %
Figure 20: By value: Air Purification Market during 2018-2029 in US$ billion
Figure 21: By volume: Share of Air Purification Market during 2018-2029
in %
Figure 22: By volume: Air Purification Market during 2018-2029
in million tons
Figure 23: By value: Others Market during 2018-2029 in US$ billion
Figure 24: By value: Share of Others Market during 2018-2029 in %
Figure 25: By volume: Others Market during 2018-2029 in million tons
Figure 26: By volume: Others Market during 2018-2029 in million tons
Figure 27: By Value: key Activated Carbon regional Markets in US$ billion
Figure 28: By Volume: key Activated Carbon regional Markets in million tons
Figure 29: By value: Activated Carbon Market region share during 2018-2029 in %
Figure 30: By volume: Activated Carbon Market region share during 2018-2029 in %
Figure 31: By value: Share of Asia Pacific Market during 2018-2029 in %
Figure 32: By value: Asia Pacific Market during 2018-2029 in US$ billion
Figure 33: By volume: Share of Asia Pacific Market during 2018-2029 in %
Figure 34: By volume: APAC Market during 2018-2029 in million tons
Figure 35: By value: Share of North America Market during 2018-2029 in %
Figure 36: By value: North America Market during 2018-2029 in US$ billion
Figure 37: By volume: Share of North America Market during 2018-2029 in %
Figure 38: By volume: North America Market during 2018-2029 in million tons
Figure 39: By value: Share of Europe Market during 2018-2029 in
Figure 40: By value: Europe Market during 2018-2029 in US$ billion
Figure 41: By volume: Share of Europe Market during 2018-2029 in %
Figure 42: By volume: Europe Market during 2018-2029 in million tons
Figure 43: By value: Share of South America Market during 2018-2029 in %
Figure 44: By value: South America Market during 2018-2029 in US$ billion
Figure 45: By volume: Share of South America Market during 2018-2029 in %
Figure 46: By volume: South America Market during 2018-2029 in million tons
Figure 47: By value: Share of Middle East and Africa Market during 2018-2029 in %
Figure 48: By value: Middle East and Africa Market during 2018-2029 in US$ billion
Figure 49: By volume: Share of Middle East and Africa Market during
2018-2029 in %
Figure 50: By volume: Middle East and Africa Market during 2018-2029
in million tons
Figure 51: By value: Share of APAC Water Treatment Market during 2018-2029 in %
Figure 52: By value: APAC Water Treatment Market during 2018-2029 in US$ billion
Figure 53: By volume: Share of APAC Water Treatment Market during 2018-2029 in %
Figure 54: By volume: APAC Water Treatment Market during 2018-2029 in million tons
Figure 55: By value: Share of APAC Food and Beverage Processing Market during
2018-2029 in %
Figure 56: By value: APAC Food and Beverage Processing Market during 2018-2029 in US$ billion
Figure 57: By volume: Share of APAC Food and Beverage Processing Market during
2018-2029 in %
Figure 58: By volume: APAC Food and Beverage Processing Market during 2018-2029
in million tons
Figure 59: By value: Share of APAC Pharmaceutical and Medical Market during 2018-2029 in %
Figure 60: By value: APAC Pharmaceutical and Medical Market during 2018-2029 in US$ billion
Figure 61: By volume: Share of APAC Pharmaceutical and Medical Market during 2018-2029 in %
Figure 62: By volume: APAC Pharmaceutical and Medical Market during 2018-2029 in million tons
Figure 63: By value: Share of APAC Automotive Market during 2018-2029 in %
Figure 64: By value: APAC Automotive Market during 2018-2029 in US$ billion
Figure 65: By volume: Share of APAC Automotive Market during 2018-2029 in %
Figure 66: By volume: APAC Automotive Market during 2018-2029 in million tons
Figure 67: By value: Share of APAC Air Purification Market during
2018-2029 in %
Figure 68: By value: APAC Air Purification Market during 2018-2029
in US$ billion
Figure 69: By volume: Share of APAC Air Purification Market during
2018-2029 in %
Figure 70: By volume: APAC Air Purification Market during 2018-2029
in million tons
Figure 71: By value: Share of APAC Others Market during 2018-2029 in %
Figure 72: By value: APAC Others Market during 2018-2029 in US$ billion
Figure 73: By volume: Share of APAC Others Market during 2018-2029 in %
Figure 74: By volume: APAC Others Market during 2018-2029 in million tons
Figure 75: By value: Share of North America Food and Beverage Processing Market during
2018-2029 in %
Figure 76: By value: North America Food and Beverage Processing Market during 2018-2029
in US$ billion
Figure 77: By volume: Share of North America Food and Beverage Processing Market during
2018-2029 in %
Figure 78: By volume: North America Food and Beverage Processing Market during 2018-2029 in
million tons
Figure 79: By value: Share of North America Water Treatment
Market during 2018-2029 in %
Figure 80: By value: North America Water Treatment Market during
2018-2029 in US$ billion
Figure 81: By volume: Share of North America Water Treatment
Market during 2018-2029 in %
Figure 82: By volume: North America Water Treatment Market
during 2018-2029 in million tons
Figure 83: By value: Share of North America Pharmaceutical and Medical Market
during 2018-2029 in %
Figure 84: By value: North America Pharmaceutical and Medical Market during 2018-2029
in US$ billion
Figure 85: By volume: Share of North America Pharmaceutical and Medical Market during
2018-2029 in %
Figure 86: By volume: North America Pharmaceutical and Medical Market during 2018-2029
in million tons
Figure 87: By value: Share of North America Automotive Market during
2018-2029 in %
Figure 88: By value: North America Automotive Market during 2018-2029
in US$ billion
Figure 89: By volume: Share of North America Automotive Market during
2018-2029 in %
Figure 90: By volume: North America Automotive Market during 2018-2029
in million tons
Figure 91: By value: North America Air Purification Market during
2018-2029 in %
Figure 92: By value: North America Air Purification Market during
2018-2029 in US$ billion
Figure 93: By volume: Share of North America Air Purification
Market during 2018-2029 in %
Figure 94: By volume: North America Air Purification Market during
2018-2029 in million tons
Figure 95: By value: North America Others Market during 2018-2029 in %
Figure 96: By value: North America Others Market during 2018-2029
in US$ billion
Figure 97: By volume: Share of North America Others Market during
2018-2029 in %
Figure 98: By volume: North America Others Market during 2018-2029
in million tons
Figure 99: By value: Share of Europe Food and Beverage Processing Market during 2018-2029 in %
Figure 100: By value: Europe Food and Beverage Processing Market during 2018-2029 in US$ billion
Figure 101: By volume: Share of Europe Food and Beverage Processing Market during 2018-2029 in %
Figure 102: By volume: Europe Food and Beverage Processing Market during 2018-2029 in million tons
Figure 103: By value: Share of Europe Water Treatment Market during
2018-2029 in %
Figure 104: By value: Europe Water Treatment Market during 2018-2029
in US$ billion
Figure 105: By volume: Share of Europe Water Treatment Market
during 2018-2029 in %
Figure 106: By volume: Europe Water Treatment Market during
2018-2029 in million tons
Figure 107: By value: Share of Europe Pharmaceutical and Medical Market during
2018-2029 in %
Figure 108: By value: Europe Pharmaceutical and Medical Market during 2018-2029
in US$ billion
Figure 109: By volume: Share of Europe Pharmaceutical and Medical Market during
2018-2029 in %
Figure 110: By volume: Europe Pharmaceutical and Medical Market during 2018-2029
in million tons
Figure 111: By value: Share of Europe Automotive Market during
2018-2029 in %
Figure 112: By value: Europe Automotive Market during 2018-2029
in US$ billion
Figure 113: By volume: Share of Europe Automotive Market during
2018-2029 in %
Figure 114: By volume: Europe Automotive Market during 2018-2029
in million tons
Figure 115: By value: Share of Europe Air Purification Market
during 2018-2029 in %
Figure 116: By value: Europe Air Purification Market during 2018-2029
in US$ billion
Figure 117: By volume: Share of Europe Air Purification Market
during 2018-2029 in %
Figure 118: By volume: Europe Air Purification Market during
2018-2029 in million tons
Figure 119: By value: Share of Europe Others Market during 2018-2029 in %
Figure 120: By value: Europe Others Market during 2018-2029 in US$ billion
Figure 121: By volume: Share of Europe Others Market during 2018-2029 in %
Figure 122: By volume: Europe Others Market during 2018-2029 in million tons
Figure 123: By value: Share of South America Food and Beverage Processing Market during
2018-2029 in %
Figure 124: By value: South America Food and Beverage Processing Market during 2018-2029
in US$ billion
Figure 125: By volume: Share of South America Food and Beverage Processing Market during
2018-2029 in %
Figure 126: By volume: South America Food and Beverage Processing Market during 2018-2029
in million tons
Figure 127: By value: Share of South America Water Treatment
Market during 2018-2029 in %
Figure 128: By value: South America Water Treatment Market
during 2018-2029 in US$ billion
Figure 129: By volume: Share of South America Water Treatment
Market during 2018-2029 in %
Figure 130: By volume: South America Water Treatment Market
during 2018-2029 in million tons
Figure 131: By value: Share of South America Pharmaceutical and Medical Market
during 2018-2029 in %
Figure 132: By value: Share of South America Pharmaceutical and Medical Market
during 2018-2029 in million tons
Figure 133: By volume: Share of South America Pharmaceutical and Medical Market
during 2018-2029 in %
Figure 134: By volume: South America Pharmaceutical and Medical Market during
2018-2029 in million tons
Figure 135: By value: Share of South America Automotive Market
during 2018-2029 in %
Figure 136: By value: South America Automotive Market during 2018-2029
in US$ billion
Figure 137: By volume: Share of South America Automotive Market
during 2018-2029 in %
Figure 138: By volume: South America Automotive Market during
2018-2029 in million tons
Figure 139: By value: Share of South America Air Purification
Market during 2018-2029 in %
Figure 140: By value: South America Air Purification Market during
2018-2029 in US$ billion
Figure 141: By volume: Share of South America Air Purification
Market during 2018-2029 in %
Figure 142: By volume: South America Air Purification Market
during 2018-2029 in million tons
Figure 143: By value: Share of South America Others Market during
2018-2029 in %
Figure 144: By value: South America Others Market during 2018-2029
in US$ billion
Figure 145: By volume: Share of South America Others Market during 2018-2029
in %
Figure 146: By volume: South America Others Market during 2018-2029
in million tons
Figure 147: By value: Share of Middle East and Africa Food and Beverage Processing Market during
2018-2029 in %
Figure 148: By value: Middle East and Africa Food and Beverage Processing Market during 2018-2029
in US$ billion
Figure 149: By volume: Share of Middle East and Africa Food and Beverage Processing Market during
2018-2029 in %
Figure 150: By volume: Middle East and Africa Food and Beverage Processing Market during
2018-2029 in million tons
Figure 151: By value: Share of Middle East and Africa Water Treatment
Market during 2018-2029 in %
Figure 152: By value: Middle East and Africa Water Treatment Market
during 2018-2029 in US$ billion
Figure 153: By volume: Share of Middle East and Africa Water Treatment
Market during 2018-2029 in %
Figure 154: By volume: Middle East and Africa Water Treatment Market
during 2018-2029 in million tons
Figure 155: By value: Share of Middle East and Africa Pharmaceutical and Medical Market
during 2018-2029 in %
Figure 156: By value: Middle East and Africa Pharmaceutical and Medical Market during
2018-2029 in million tons
Figure 157: By volume: Share of Middle East and Africa Pharmaceutical and Medical
Market during 2018-2029 in %
Figure 158: By volume: Middle East and Africa Pharmaceutical and Medical Market during
2018-2029 in million tons
Figure 159: By value: Share of Middle East and Africa Automotive Market
during 2018-2029 in %
Figure 160: By value: Middle East and Africa Automotive Market during
2018-2029 in US$ billion
Figure 161: By volume: Share of Middle East and Africa Automotive
Market during 2018-2029 in %
Figure 162: By volume: Middle East and Africa Automotive Market during
2018-2029 in million tons
Figure 163: By value: Share of Middle East and Africa Air Purification
Market during 2018-2029 in %
Figure 164: By value: Middle East and Africa Air Purification Market
during 2018-2029 in US$ billion
Figure 165: By volume: Share of Middle East and Africa Air Purification
Market during 2018-2029 in %
Figure 166: By volume: Middle East and Africa Air Purification Market
during 2018-2029 in million tons
Figure 167: By value: Share of Middle East and Africa Others Market during
2018-2029 in %
Figure 168: By value: Middle East and Africa Others Market during 2018-2029
in US$ billion
Figure 169: By volume: Share of Middle East and Africa Others Market during
2018-2029 in %
Figure 170: By volume: Middle East and Africa Others Market during
2018-2029 in million tons
Figure 171: By Value: key Activated Carbon regional Markets in US$ billion
Figure 172: By Value: key Activated Carbon regional Markets in million tons
Figure 173: By value: Share of US Market during 2018-2029 in %
Figure 174: By value: US Market during 2018-2029 in US$ billion
Figure 175: By volume: Share of US Market during 2018-2029 in %
Figure 176: By volume: US Market during 2018-2029 in million tons
Figure 177: By value: Share of Canada Market during 2018-2029 in %
Figure 178: By value: Canada Market during 2018-2029 in US$ billion
Figure 179: By volume: Share of Canada Market during 2018-2029 in %
Figure 180: By volume: Canada Market during 2018-2029 in million tons
Figure 181: By value: Share of Mexico Market during 2018-2029 in %
Figure 182: By value: Mexico Market during 2018-2029 in US$ billion
Figure 183: By volume: Share of Mexico Market during 2018-2029 in %
Figure 184: By volume: Mexico Market during 2018-2029 in million tons
Figure 185: By value: Share of Germany Market during 2018-2029 in %
Figure 186: By value: Germany Market during 2018-2029 in US$ billion
Figure 187: By volume: Share of Germany Market during 2018-2029 in %
Figure 188: By volume: Germany Market during 2018-2029 in million tons
Figure 189: By value: Share of Italy Market during 2018-2029 in %
Figure 190: By value: Italy Market during 2018-2029 in US$ billion
Figure 191: By volume: Share of Italy Market during 2018-2029 in %
Figure 192: By volume: Italy Market during 2018-2029 in million tons
Figure 193: By value: Share of France Market during 2018-2029 in %
Figure 194: By value: France Market during 2018-2029 in US$ billion
Figure 195: By volume: Share of France Market during 2018-2029 in %
Figure 196: By volume: France Market during 2018-2029 in million tons
Figure 197: By value: Share of China Market during 2018-2029 in %
Figure 198: By value: China Market during 2018-2029 in US$ billion
Figure 199: By volume: Share of China Market during 2018-2029 in %
Figure 200: By volume: China Market during 2018-2029 in million tons
Figure 201: By value: Share of India Market during 2018-2029 in %
Figure 202: By value: India Market during 2018-2029 in US$ billion
Figure 203: By volume: Share of India Market during 2018-2029 in %
Figure 204: By volume: India Market during 2018-2029 in million tons
Figure 205: By value: Share of Japan Market during 2018-2029 in %
Figure 206: By value: Japan Market during 2018-2029 in US$ billion
Figure 207: By volume: Share of Japan Market during 2018-2029 in %
Figure 208: By volume: Japan Market during 2018-2029 in million tons
Figure 209: By value: Share of Brazil Market during 2018-2029 in %
Figure 210: By value: Brazil Market during 2018-2029 in US$ billion
Figure 211: By volume: Share of Brazil Market during 2018-2029 in %
Figure 212: By volume: Brazil Market during 2018-2029 in million tons
Figure 213: By value: Share of Argentina Market during 2018-2029 in %
Figure 214: By value: Argentina Market during 2018-2029 in US$ billion
Figure 215: By volume: Share of Argentina Market during 2018-2029 in %
Figure 216: By volume: Argentina Market during 2018-2029 in million tons
Figure 217: By value: Share of Colombia Market during 2018-2029 in %
Figure 218: By value: Colombia Market during 2018-2029 in US$ billion
Figure 219: By volume: Share of Colombia Market during 2018-2029 in %
Figure 220: By volume: Colombia Market during 2018-2029 in million tons
Figure 221: By value: Share of South Africa Market during 2018-2029 in %
Figure 222: By value: South Africa Market during 2018-2029 in US$ billion
Figure 223: By volume: Share of South Africa Market during 2018-2029 in %
Figure 224: By volume: South Africa Market during 2018-2029 in million tons
Figure 225: By value: Share of UAE Market during 2018-2029 in %
Figure 226: By value: UAE Market during 2018-2029 in US$ billion
Figure 227: By volume: Share of UAE Market during 2018-2029 in %
Figure 228: By volume: UAE Market during 2018-2029 in million tons
Figure 229: By value: Share of Saudi Arabia Market during 2018-2029 in %
Figure 230: By value: Saudi Arabia Market during 2018-2029 in US$ billion
Figure 231: By volume: Share of Saudi Arabia Market during 2018-2029 in %
Figure 232: By volume: Saudi Arabia Market during 2018-2029 in million tons
Figure 233: Cabot Corporation
Figure 234: Kureha Corporation
Figure 235: Oxbow Activated Carbon LLC
Figure 236: Osaka Gas Co., Ltd.
Figure 237: Jacobi Carbons Group
Figure 238: Donau Carbon GmbH
Figure 239: Ingevity
Figure 240: Kuraray Co. Ltd.
Figure 241: Haycarb Plc.
Research Methodology
This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.
Secondary Research
We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.
Primary Research
Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.
 |
| Report Parameters | Details |
|---|---|
| Time Period Considered | 2018-2029 |
| Historical Period | 2018-2021 |
| Forecast Period | 2022-2029 |
| Units considered | Volume in kilotons, Revenue in US$ million/billion |
| Report Coverage | Value/ Revenue forecast, Volume forecast, competitive landscape, drivers, challenges, opportunities, and trends |
| COVID-19 | Impact of the COVID-19 pandemic has been factored in the volume and revenue estimations, trends, and drivers |
| Segments | By Application, By Region |
| Regions included in the study | Asia Pacific (APAC), North America, Europe, Middle East and Africa, South America |
| Companies Profiled | Cabot Corporation, Kureha Corporation, Oxbow Activated Carbon LLC, Osaka Gas Co., Ltd., Jacobi Carbons Group, Donau Carbon GmbH, Ingevity, Kuraray Co. Ltd., and Haycarb Plc |
The global Activated Carbon market size was estimated at US$7.1 billion in 2021 and is expected to reach US$7.8 billion in 2022.
The global Activated Carbon market is expected to grow at a compound annual growth rate of 9.3% from 2022 to 2029 to reach US$14.5 billion by 2029.
In 2021, the North American region led the Activated Carbon market in 2021 with a share of 36%.
The air purification segment held the largest share in 2021 and accounted for 42% of the market.
Some key players operating in the Activated Carbon market include Cabot Corporation, Kureha Corporation, Oxbow Activated Carbon LLC, Osaka Gas Co., Ltd., Jacobi Carbons Group, Donau Carbon GmbH, Ingevity, Kuraray Co. Ltd., and Haycarb Plc.
Activated Carbon market is driven by the growing use of the chemical as a purifying agent to remove impurities and toxic substances from their products. The rapid growth in pharmaceutical and chemical industry output is also expected to increase the requirement for Activated Carbon utilized in purifying feed water and other intermediates.
The global Activated Carbon market size was estimated at US$7.1 billion in 2021 and is expected to reach US$7.8 billion in 2022.
The global Activated Carbon market is expected to grow at a compound annual growth rate of 9.3% from 2022 to 2029 to reach US$14.5 billion by 2029.
In 2021, the North American region led the Activated Carbon market in 2021 with a share of 36%.
The air purification segment held the largest share in 2021 and accounted for 42% of the market.
Some key players operating in the Activated Carbon market include Cabot Corporation, Kureha Corporation, Oxbow Activated Carbon LLC, Osaka Gas Co., Ltd., Jacobi Carbons Group, Donau Carbon GmbH, Ingevity, Kuraray Co. Ltd., and Haycarb Plc.
Activated Carbon market is driven by the growing use of the chemical as a purifying agent to remove impurities and toxic substances from their products. The rapid growth in pharmaceutical and chemical industry output is also expected to increase the requirement for Activated Carbon utilized in purifying feed water and other intermediates.