Activated Carbon Market Size, Share, By Product Type (Powdered Activated Carbon (PAC), Granular Activated Carbon (GAC), Pelletized or Extruded Activated Carbon), By Raw Material (Coal, Coconut, Wood, Peat, Other, (Petroleum pitch)), By Application (Liquid Phase, Gas Phase),By End Users (Water Treatment, Food and Beverage, Healthcare, Automotive, Industrial Processing) and By Region - Trends, Analysis, and Forecast till 2034

Report Code: PMI77919 | Publish Date: May 2024 | No. of Pages: 182

Global Activated Carbon Market By Overview

Activated Carbon market size was valued at USD 5.6 Billion in 2024 and is expected to reach USD 9.5 Billion by 2034, growing at a CAGR of 5.9%.

Activated carbon is a strong absorber material that continues by many different names, including processing atmospheric carbon dioxide, increased carbon, and activated carbon. The wide floor area, diverse pore structures (including micro, meso, and large pores), and significant surface responsiveness suggest that carbon-activated substances may remove, decrease, and discolor fluid and gaseous elements. Further, activated carbons serve as beneficial adsorbents in various industries, including water purification, food preparation, cosmetics, automotive and commercial air medication, and the extraction of oil and expensive metals, including precious metals. Coconut cover-up coal and wood are the main components used for manufacturing activated carbon.

Active carbon is used as an adsorbent in many different fields. It is very beneficial in maintaining and treating environmental problems. Activated carbon can be used for odor elimination and air and water treatment. In numerous industries, good value is preferred because it's readily obtained using common resources, including carbon dioxide, coal, or shellfish from coconuts. Activated carbon performs effectively to minimize diarrhoea and decrease cholesterol levels and is frequently utilized for recovering from poisons and overdoses.

Activated Carbon Market Size

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Global Activated Carbon Market By Drivers & Restraints

Key Drivers of Target Market:

Improving use of activated carbon for managing wastewater

  • Pharmacological waste, endocrine disruption compounds, or radioactivity in the form of X-rays also reach the water system cycle, now impacting the health of aquatic habitats. The employing of specialty activated carbon in powder form provides an effective and cost-effective method of waste removal since those typical substances are frequently discovered in regional wastewater treatment facilities.

  • Furthermore, commercial wastewater is stabilized with carbon dioxide to allow reuse during manufacturing business operations. Activated carbon is frequently utilized to eliminate elemental and synthetic pollutants from trash while decreasing odors in water-drinking consumption.

 High demand in Pharmaceuticals and Healthcare

  • Activated carbon, commonly called charcoal, offers multiple uses in health care. The substance's outstanding utilization characteristics, and capacity to obtain most pure substances from organic sources make it simple to incorporate into a wide variety of healthcare therapies. Mineral active carbon is widely utilized as a medicine for improving various medical problems, including intestinal challenges, skin conditions, problems with oral health, and ingredients in deodorant products.

Restrains:

Requirement of manufacturing cost and increasing material demand

  • An essential activation device is a maintaining infrastructure component that manufactures high-quality carbon activation utilizing affordable components. Significantly used in the method of activation carbon produced by fruit and coconut shells and coal-based materials. The activating component that the instrument uses includes water.

  • Consequence: Among the primary variables that might prevent the marketplace from growing are fluctuations in the selling cost of the basic components. It is being confirmed that the highest-profitable raw materials need to be chosen, the chemical stimulation manufacturing process is required, and the level of the product must influence the cost of the end result in order to produce the activated carbon that is acceptable in income.

Opportunities:

Increasing expenditure for carbon activation in the automotive industry

  • Activated carbon plays a vital role in the automotive industry as it reduces the emissions of greenhouse gases, reduces biological chemical vapors, and improves air quality. The incorporation of carbon activation greatly decreases evaporating emissions in electrical automobiles. It is generally recognized as one of the best and most effective substances for reducing pollution in the air that results from producing environmental atmospheric greenhouse gases from automobiles.

Global Activated Carbon Market By Segmentations & Regional Insights

The market is segmented based on Product Type, Raw Material, Application, End-User, and Region.

Product Type Insights:

  • Powdered Activated Carbon (PAC): This segment dominated target market-specific material and is mainly utilized in the manufacturing treatment of water, food and beverage production, and pharmaceutical product production due to its excellent absorption and output capabilities. Nanoparticles of powdered activated carbon (PAC), with a maximum outside diameter of 100 µm. Considering this is a feature, they offer a significant advantage over bigger particles as their rate of absorbing increases and their reactivity to absorbing reduces. In essence, powdered carbon is produced by actually decreasing the agricultural materials. These offer a simple means of application and are usually applied to partly digested water. The combination is passed through filtration following the introduction of PAC and then diluted for a brief period.
  • Granular Activated Carbon (GAC): In comparison with active powdered carbon (the company), the small particles in active carbon dioxide are larger. Consequently, the material possesses a decreased area of contact. As a consequence, adsorption removal poses a significant issue. Though fine or structured carbon molecules are more costly than their powdery parallels, these are particularly cost-effective for high-use charge situations because of their renewability and functionality. Those fuel types are quite helpful in bedding devices throughout continuous or cycling activities.
  • Pelletized or Extruded Activated Carbon:  Activated carbon (AC) is successful in preventing pollutants from dissolving into water from waste. The correct application of PAC, or powdered activated carbon, is crucial in eliminating permanent organic pollutants, including insecticides and pesticides, in addition to different organic compounds such as AOX, BTEX, MAH, and PAH. The breakdown during the PAC counseling process is constant, no matter how the meal content varies. The PAC is added to the propane packaging, and the correct quantity is identified using measuring techniques. The length of cylindrical carbon granules, also known as extruded activated carbons, ranges between 1 to 5 mm. Activated carbons generated by extrusion, and or EACs, are a heavy-responsibility component utilized primarily in operations connected to the gas in the manufacturing sector.

Raw Material Insights:

  • Coal: Carboniferous Period sedimentary matter is frequently black or black and brown and consists primarily of the element carbon, and contains various proportions containing additional substances such as nitrogen-containing compounds, oxygen, carbon dioxide, sulfur, the component the element hydrogen, and sulfuric acid. The above develops as a consequence of the decomposition of plants' substances, which have developed over millions of generations despite being exposed to heat and structural compacting.
  • Coconut: A type of activated carbon produced from coconut pulp differentiates itself from other kinds by its outstanding durability against wear and its strength. Although it is entirely composed of the shells of coconuts, this goods is limited in carbon dioxide emissions, organic, and environmentally friendly. Although micro pores make up over 80 percent of a substance's structure of pores, contaminants experiencing a micropore molecular composition, such as those in drinking water, are easily absorbed with the coconut shell charcoal. In addition, the coconut shell reactivated carbon's excellent durability against wear, and its physical and chemical properties make it ideal for uses like recovering gold and additional valuable materials.
  • Wood: Wood charcoal is recognized as one of the finest kinds of activated carbon, considering it originates from carefully selected wood through an extraction and activating process.
  • Peat: The present research evaluates the application of peat mixture as an alternative beginning material for an optically activated method of manufacturing environmental atmospheric carbon dioxide AC (alternating current). The process of activated carbon creates a mineral-based framework allowing phase-shifting materials (PCM) to be practicable.
  • Other: Due to the excellent absorption capability, consumers find the material appealing for their specific uses. It is the use of raw material petroleum pitch.
  • Petroleum pitch: Activated carbon is removed altogether to the oil foundation through a process in the carbonation and the activation processes using multiple patient recognize (96°C and 216°C) and the sodium hydroxide the temperatures of stimulation (750°C and 900°C) strategies to provide for the materials used for high-energies double-layered the electrodes in order (an EDLC) to operate successfully.

Application Insights:

  • Liquid Phase: The worldwide demand for active liquid carbon is influenced primarily by applications, including water for drinking and water treatments. The business community is developing rapidly, partially due to the increasing environmental regulations and the growing need for safe drinking water.
  • Gas Phase: The marketplace for atmospheric component utilization continues to develop at an accelerated rate, regardless of the recognition that activated carbon currently works successfully for air removal and air movement segregation. Reducing the production of greenhouse gases is essential, and the growing collection of conserving regulations provides the primary justification for this requirement.

End-User Insights:

  • Water Treatment: A significant component within the anthracite industry is the wastewater management industry. Activated carbon filters must eliminate organic contaminants and free radicals from drinking water so it may be provided or used in various manufacturing procedures. This specific type of material is frequently employed in water treatment applications to remove organic debris, including odors, attractive materials, potentially dangerous substances, and oils.
  • Food and Beverage: The greenhouse gas carbon dioxide is commonly used in the food and beverage sector for a variety of applications. Coffee production and the removal of unwanted components involving color, flavor, and fragrance are only some of the advantages. It also has the capacity to successfully catch and maintain different objects.
  • Healthcare: Activated carbon is a commonly utilized and affordable component in the pharmaceutical sector. The substance is used in pharmacy for the treatment of poison and intoxication because it can bind to pollutants to prevent them from accessing the intestinal tract. It is frequently used in an emergency to reduce the negative impacts produced by particular materials.
  • Automotive: Activated carbon is a component of services and goods that evaporate automobile emissions. Fuel also gets gathered after motor deactivation while the combustion engine utilizes a car-mounted capsule constructed from a particular sort of synthetic fiber that is exceptionally mesoporous.
  •  Industrial Processing: The substance activated carbon, commonly referred to as carbon and initiates, is a distinctive component due to its highly permeable structure, which enables particles to take in and retain an extensive number of materials.

Regional Insights:

  • North America: The market for goods in North America will expand quickly because of the growing demand for goods from various industries. As demand for drinkable air and water purification methods develops, the nation of America is establishing itself as an international leader in this field. Governmental constraints on commercial waste and pollutants have significantly boosted the application of goods aimed at removing impurities that include carbon monoxide (CO2), mercury-containing vapor, and other potentially dangerous gasses.
  • Asia Pacific: The majority of the worldwide marketplace for active carbon remains controlled by the region known as Asia-Pacific. It is expected that the active carbon market in the Asia-Pacific area will expand at the greatest rate in terms of both volume and value. The beverage, food, and pharmaceutical sectors belong to those with growing demands for goods, particularly activated carbon. Growing populations in economies with high incomes is projected to result in an increasing absence of fresh water, which will further drive growth in the local marketplace.
  • Europe: For the European Union, the development of strong regulations and standards, in addition to government conservation efforts, increased customer demand for products used in several activities, such as water treatment, mercury absorption, and air purification. The resulting rise in sales is going to have a significant impact on the European market. In addition, regulations required manufacturers to utilize carbon fiber materials to reduce vehicle emissions, supporting regional market growth.
  • Latin America: The Latin American market will increase substantially in the years to come, with México developing as a major competitor. The market for products is expected to grow as demand for products for water and wastewater management and research sectors grows, particularly for purifying and conditioning.
  • Middle East and Africa: In the Middle East and the African continent, consumer demand for wastewater treatment is strongly impacted by variables such as limited water access, increased oil exploration, and increased business activity, all of which contribute to the projected expansion of the active carbon (ACT) marketplace.

Activated Carbon Market Report Scope:

Attribute

Details

Market Size 2024

USD 5.6 Billion 

Projected Market Size 2034

USD 9.4 Billion

CAGR Growth Rate

5.9%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type - Powdered Activated Carbon (PAC), Granular Activated Carbon (GAC), Pelletized or Extruded Activated Carbon

By Raw Material - Coal, Coconut, Wood, Peat, Other (Petroleum Pitch).

By Application - Liquid Phase, Gas Phase.

By End-User - Water Treatment, Food and Beverage, Healthcare, Automotive, and Industrial Processing

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product Type, Raw Material, Application, End-User, and Region.

Segmentation:

By Product Type:

  • Powdered Activated Carbon (PAC)
  • Granular Activated Carbon (GAC)
  • Pelletized or Extruded Activated Carbon

By Raw Material:

  • Coal
  • Coconut
  • Wood
  • Peat
  • Other (petroleum pitch)

By Application:

  • Liquid Phase
  • Gas Phase

By End-User:

  • Water Treatment
  • Food and Beverage
  • Healthcare
  • Automotive
  • Industrial Processing

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Activated Carbon Market By Competitive Landscape & Key Players

The key players operating in the Activated Carbon Market include Albemarle Corporation, Cabot Corporation, Calgon Carbon Corporation, Carbon Activated Corporation, CPL Carbon Link, Donau Chemie Group, Haycarb PVT. LTD, Ingevity, Osaka Gas Chemicals Co., Ltd., Donau Carbon GmbH, Cabot Corporation, Kuraray Co., Ltd., and Kureha Corporation.

Activated Carbon Market Players

Global Activated Carbon Market By Recent News

  • In May 2024, Calgon Carbon Corporation, a Kuraray Co., Ltd. subsidiary, Announced an acquisition agreement with Sprint Environmental Services, LLC to purchase its industrial reactivated carbon business. The acquisition encompasses 21 employees and an industrial carbon reactivation plant near Houston, Texas.
  • In February 2022, One Equity Partners, a middle market private equity firm, announced that it had completed the acquisition of Norit Activated Carbon, a global manufacturer of activated carbon for purification solutions, from corporate parent Cabot Corporation.

Global Activated Carbon Market By Company Profile

FAQs

Activated Carbon Market Size was valued at USD 5.6 Billion in 2024 and is expected to reach USD 9.4 Billion by 2034, growing at a CAGR of 5.9%.

Activated Carbon Market is segmented into Product Type, Raw Material, Application, End-User, and Region.

Factors driving the market include the Improving use of activated carbon for managing wastewater and in high demand in Pharmaceuticals and healthcare.

Activated Carbon Market's restraints include Requirement of manufacturing cost and increasing material demand.

The Activated Carbon Market is segmented by region North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa. North America is expected to dominate the Market.

The key players operating in the Activated Carbon Market include Albemarle Corporation, Cabot Corporation, Calgon Carbon Corporation, Carbon Activated Corporation, CPL Carbon Link, Donau Chemie Group, Haycarb PVT. LTD, Ingevity, Osaka Gas Chemicals Co., Ltd., Donau Carbon GmbH, Cabot Corporation, Kuraray Co., Ltd., and Kureha Corporation.