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Global Activated Carbon Market Analysis and Forecast, 2024-2034 With Cabot, KURARAY, JACOBI CARBONS, Haycarb, Ingevity, and Albemarle Leading the $5+ Billion Industry - ResearchAndMarkets.com

Businesswire ·  Jun 24 23:14

DUBLIN--(BUSINESS WIRE)--The "Global Activated Carbon Market: Focus on Application, End-Use Industry, Activated Carbon Type, Raw Material, and Region - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering.


Global Activated Carbon 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.

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. 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.

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 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?

Key Attributes:

Report Attribute Details
No. of Pages 100
Forecast Period 2024 - 2034
Estimated Market Value (USD) in 2024 $5.08 Billion
Forecasted Market Value (USD) by 2034 $12.1 Billion
Compound Annual Growth Rate 9.0%
Regions Covered Global

Company Profiles

  • Geographic Assessment
  • Overview
  • Top Products/Product Portfolio
  • Top Competitors
  • Target Customers
  • Key Personnel
  • Analyst View
    • Cabot Corporation
    • KURARAY CO., LTD.
    • JACOBI CARBONS GROUP
    • Haycarb (Pvt) Ltd
    • Ingevity
    • Advanced Emissions Solutions Inc.
    • Fingerprint Cards AB
    • Albemarle Corporation
    • Carbon Activated Corporation
    • Carbotech
    • CPL Activated Carbons
    • Donau Carbon GmbH
    • Evoqua Water Technologies LLC
    • Kureha Corporation
    • Puragen Activated Carbons

Key Topics Covered:

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

4.4 Asia-Pacific

4.5 Rest-of-the-World

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