According to Fortune Business Insights the global activated carbon market was valued at USD 5.70 billion in 2024 and is projected to decline slightly to USD 5.62 billion in 2025 before experiencing strong growth to reach USD 10.04 billion by 2032, registering a CAGR of 8.7% during the forecast period. Activated carbon, also known as activated charcoal, is a form of carbon processed to have small, low-volume pores that increase its surface area for adsorption or chemical reactions. It is widely used for purification, filtration, and decolorization across industries.
The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Activated Carbon Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.
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Activated Carbon Market Segmentation:
By Type: The global activated carbon market is segmented into powdered (PAC), granular (GAC), and others.
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Granular Activated Carbon (GAC) holds the largest market share due to its reusability, effective contaminant removal, and wide use in air and water purification, food & beverage processing, and wastewater treatment.
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Powdered Activated Carbon (PAC) is expected to grow steadily, driven by high adsorption efficiency and increasing use in water treatment. Its fine particle size provides a larger surface area, making it ideal for removing organic impurities and minimizing treatment costs in high-flow systems.
By Application: Based on application, the market is categorized into water treatment, air & gas purification, food & beverage, pharmaceutical & healthcare, and others.
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Water Treatment dominates the market, fueled by the global need for clean drinking water and strict environmental regulations. Activated carbon is effective in removing taste, odor, and organic contaminants.
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Air & Gas Purification sees growing demand due to rising air pollution concerns and government regulations on flue gas emissions and mercury control.
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Food & Beverage applications are expanding, with activated carbon used for decolorization, odor removal, and refining edible oils, amid increasing focus on food safety.
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Pharmaceutical & Healthcare use is growing in treatments such as hemodialysis, poisoning, and drug overdoses.
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Other applications include energy storage, rare metal recovery, and specialty chemical manufacturing, driven by increasing demand for advanced energy solutions.
List of the Key Players in the Activated Carbon Market:
- Osaka Gas Chemicals Co., Ltd. (Japan)
- Donau Carbon GmbH (Germany)
- Cabot Corporation (U.S.)
- PURAGEN ACTIVATED CARBONS (U.S.)
- CARBOTECH AC GMBH (Germany)
- Kuraray Co., Ltd. (Japan)
- KUREHA CORPORATION (Japan)
- Activated Carbon Technologies (Australia)
- Silcarbon Aktivkohle GmbH (Germany)
- Ingevity (U.S.)
- Iluka Resources (Australia)
- James Cumming & Sons (Australia)
- Universal Carbons (India)
- Carbon Activated Corporation (U.S.)
Competitors Landscape:
The realm of Activated Carbon Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.
What are the New Additions in Activated Carbon Market Report?
Comprehensive Market Analysis: The 2023 report provides a detailed industry overview, analyzing key market trends, growth drivers, challenges, and opportunities. It covers various sectors within the industry and offers insights into market size, market share, and market segmentation.
Company Profiles: The report includes additional in-depth information on key company players operating in the industry. It offers detailed profiles of these companies, highlighting their financial performance, product portfolios, strategic initiatives, partnerships, and competitive landscape analysis.
Customization and Analyst Support: The report offers customized services and analyst support upon request. This may include tailored research, specific data requirements, or personalized insights based on the client's needs and preferences.
Recent Market Developments: The report incorporates the latest market developments that have occurred since the previous edition. It includes recent mergers and acquisitions, product launches, collaborations, regulatory changes, and other significant events shaping the industry landscape.
Futuristic Growth Opportunities: The report identifies and presents future growth opportunities in the industry. It explores emerging technologies, market trends, consumer preferences, and regulatory factors that are expected to drive growth and innovation in the coming years.
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