Description of the Report
In 2020, the global activated carbon market was valued at almost USD 3.93 trillion. This market is projected to grow at an average CAGR of 8% over the 2022-2027 forecast period. It is expected that it will reach nearly USD 6.24 trillion by 2026. The leading market trends in activated 0ocarbon are water filtration and air purification. Governments support this to improve water quality.
Activated Carbon (or charcoal) is used extensively in the pharmaceutical and medical industries. It can be used as an adsorbent for removing pollutants during drug manufacturing. This will likely boost the market’s growth. Powdered is the predominant product type and accounts for over 50% of the industry. This segment will likely continue to be the predominant type over the next few years. This segment is driven by the increasing demand from many industrial sectors to reduce mercury and toxicity.
The United States is the largest importing country for the substance, followed closely by Germany and Japan. China, which accounts for over one-fourth of the total exports, is the largest export market in terms of exports. Other vital exporters include India, India, the United States and the Philippines. Activated Carbon, derived from coconut shells in the Asia Pacific region, is increasingly preferred to wood-derived because of its renewability and higher adsorption properties. This can help remove more micro-impurities. More than 60% of the industry’s production is made from wood or coal.
Water treatment is the largest end-use sector for the product, accounting for almost half of the industry share. Because it absorbs water pollutants, the substance is an excellent source of water purification. It is used in wastewater filtration to remove any remaining contaminants. It can also remove chlorine from wastewater. Because it has a large surface area, it can absorb contaminants from wastewater is high. Liquid-phase Granular Activated Charcoal Adsorption (G.A.C.) is a method for removing pollutants from groundwater. Water treatment can use both powdered and granular activated Carbons. The other significant uses of the product include water treatment, gold treatment and respirators. It can absorb micro-pollutants such as chlorine and methane from the air. The automotive industry uses carbon activation to monitor emissions and eliminate volatile organic compounds (V.O.C.s). This could also be used for the development of supercapacitor electrodes.
|Activated Carbon Market Report Scope and Segmentation|
|UNIT||Value (USD Million/Billion)|
|BY REGION||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
Activated Carbon: Definition of the industry and segmentation
Activated Carbon is used to purify liquids, toxic gases and odors. Carbonaceous materials such as wood, coconuts, peat, coal, and nutshells come from carbonaceous materials.
There are two types of products in the industry:
- Powdered Activated Carbon
- Granular Activated Carbon (G.A.C.).
It has wide applications in these segments:
- Water Treatment
- Air Treatment
- Treatment with Gold
- Solvency Recovery
The feedstock could be classified as follows:
- Coconut Shell
The report also includes information on the regional markets for the product, such as North America, Europe, the Middle East, and Africa. It also discusses the Asia Pacific and Latin America.
The activated carbon market is seeing a growing demand for water purification and filtration. Governments have supported this trend to improve water quality and water quality. The regulatory changes in China and India will help the industry grow, such as the revisions to China’s environmental protection law. Industry growth will be aided by the increased production from key players in these areas.
As many industrializing nations struggle with severe air pollution, industrial air treatment is becoming more popular. Major industrial countries are seeking activated Carbon to reduce mercury levels. Granular versions of the product will see a steady demand from wastewater treatment industries as they effectively remove residual disinfectants and other organic contaminants. It is used as an effective adsorbent during the gold recovery process. This product has also found wide use in the mining industry. Activated Carbon is seeing further growth due to increased gold mining activities.
The coconut shell is one of the primary feedstock materials for producing activated Carbon. Activated Carbon is seeing an increase in coconut shell production. The activated carbon market will also be driven by other primary feedstock materials, such as wood and coal. Potable water purification is one of the significant applications for activated Carbon.
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter’s five forces model along with giving a SWOT analysis.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment-Type, Application, Feedstock, Region|
|Breakup by Type||Powdered Activated Carbon, Granular Activated Carbon, Others|
|Breakup by Application||Water Treatment, Air Treatment, Gold Treatment, Respirators, Solvency Recovery|
|Breakup by Feedstock||Coconut Shell, Wood/Coal, Others|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter’s Five Forces, EMRs Key Indicators for Price and Demand|
|Trade Data Analysis||Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume|
|Price Analysis||Historical and Forecast Price Trends- Regional|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Kuraray Co., Ltd., Oxbow Activated Carbon LLC, Haycarb (Pvt) Ltd.Indo German Carbons Limited (IGCL), Shin Kwang Chem. Ind. Co., Ltd, S.I.C.A.V. Spa, Others|
|Report Price and Purchase Option||that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
- North America
- The Netherlands
- Czech Republic
- Rest of Europe
- Asia Pacific
- South Korea
- Australia & New Zealand
- Rest of Asia Pacific
- South America
- Rest of South America
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Northern Africa
- Rest of MEA
The Global Activated Carbon Market: Key Industry Players
This report comprehensively analyzes the key players in the global activated carbon market. It covers their competitive landscape, capacities, and most recent developments such as mergers, acquisitions, investments, expansions, and plant turnarounds.
- Kuraray Co., Ltd.
- Oxbow Activated Carbon L.L.C.
- Haycarb (Pvt) Ltd.
- Indo German Carbons Limited (I.G.C.L.)
- Shin Kwang Chem. Ind. Co., Ltd
- S.I.C.A.V Srl
- Century Chemical Works Sdn. Bhd
- Cabot Corporation
Due to the increase in wastewater treatment, the global activated carbon market reached USD 3.93 billion in 2020. The industry will continue to grow due to the increasing environmental regulations and government measures. The industry is projected to expand at a CAGR rate of 8% over the 2022-2027 forecast period. It is expected to reach USD 6.24 trillion by 2026.
E.M.R.’s particular research method covers the industry’s micro and macro aspects. The global market for activated charcoal can be divided into powdered activated coal (P.A.C.) and granular activated carb (G.A.C.), depending on their type. However, powdered activated cobalt (P.A.C.) holds the largest market share. The industry’s most significant feedstock is the wood/coal segment. The water treatment industry holds the largest market share. North America, Europe and Latin America are the major markets for activated Carbon. Kuraray Co., Ltd., Oxbow Activated Carbon L.L.C., Haycarb (Pvt) Ltd., Indo German Carbons Limited (I.G.C.L.), and Shin Kwang Chem are the key players in this industry. Ind. Co., Ltd, S.I.C.A.V. Srl, Century Chemical Works Sdn. Bhd, Cabot Corporation, and others.
E.M.R.s’ research methodology combines cutting-edge analytical tools with the expertise of their highly skilled team to provide market insights that are precise, actionable and help customers stay ahead of their competitors.