Activated Carbon Market Forecast 2025-2034: Growth Dynamics, Emerging Trends, and Strategic Opportunities
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Activated Carbon Market?
The expansion of the activated carbon market is anticipated to be spurred by the escalating demand for purified water. The swift progression of urbanization and industrial ventures are intensifying the need for both clean water and activated carbon, a crucial constituent in water sanitization. Based on the United Nations World Water Development Report, it is projected that around 6 billion individuals would be grappling with the scarcity of clean water by 2050. As a result, the growing necessity for clean water, coupled with its potential shortage is likely to stimulate a robust demand for activated carbon used in water purification for the coming years.
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#What Are the Key Projections for the CAGR of the Activated Carbon Market From 2025 to 2034?
In recent times, the market size for activated carbon has experienced speedy expansion. It’s projected to escalate from $7.13 billion in 2024 to $8.17 billion by 2025, demonstrating a compound annual growth rate (CAGR) of 14.6%. Factors contributing to the growth in the historical period includes robust economic development in burgeoning markets, safe water shortage and a rising awareness for health.
Expectations are high for a rapid expansion in the activated carbon market size in the upcoming years. The market is projected to reach $14.23 billion by 2029, growing at a compound annual growth rate (CAGR) of 14.9%. This growth surge in the anticipated period can be linked to factors such as the rising demand for uncontaminated water, escalating urbanization, increased water usage, a growing global population, and governmental support for water management initiatives. Uppermost trends during this forecasted period will include an emphasis on inventive high-flow carbon filter systems to enhance product catalogs, a drive to augment investments for expanding production capabilities, a push towards ground-breaking product innovations to entice more clientele, and a focus on mergers and acquisitions to bolster product range and widen the geographical foothold in the market.
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What New Market Trends Are Reshaping theActivated Carbon Market and Its Opportunities?
Major players in the activated carbon market are directing their focus on technological innovations, including the use of activated carbon made from coconut shells, to increase adsorption capability and sustainability in their offerings. Activated carbon from coconut shells is obtained from the husks of coconuts. To illustrate, in May 2024, Indcarb Activated Carbon Private Limited, a company based in India that produces activated carbon from coconut shells, introduced inline water filters. These filters, known as inline water filters, are fitted directly into water supply channels, enabling ongoing filtration as water flows within. Coconut-shell-based activated carbon and various filtration materials are used in these inline water filters to efficiently eliminate pollutants, impurities, chlorine, and smell, securing hygienic and safe drinking water. Indcarb is targeting to position these filters as top-rate choices for consumers who are mindful about their health, banking on the growing need for trustworthy water purification systems.
Who Are the Leading Market Players Fueling Growth in the Activated Carbon Market Trend?
Major companies operating in the activated carbon market include Ingevity, Haycarb PLC, Kuraray Co. Ltd, Daigas Group, Cabot Corporation, Calgon Carbon Corporation, Veolia, Kureha Corporation, Tronox Inc, Carbon Activated Corporation, Kalpaka Chemicals Pvt. Ltd, Jacobi Carbons India Pvt. Ltd, Boyce Carbon, Adsorbent Carbons Pvt. Ltd, Kalimati Carbon Pvt. Ltd, Chifeng Zhonglin Zhongtian Chemical Industry, Datong Coal Jinding Activated Carbon, Datong Locomotive Coal, Datong Municipal Yunguang Activated Carbon, Fujian Xinsen Carbon, Fujian Yuanli Active Carbon, Fujian Zhixing Activated Carbon, Donau Carbon GmbH & Co. KG, CarboTech AC GmbH, Evoqua Water Technologies GmbH, Carbo France, Eurocarb, LKAB Minerals, Sorbacal, Chemviron Carbon, Carbonactiv, Mako Industries, DILO Armaturen und Anlagen GmbH, Metrohm AG, Addfield Environmental Systems Limited, Technokomplex, California Carbon Co. Inc., Kleen Industrial Services, Pure Effect Inc., Carbon Supply Inc., Yardney Water Management Systems Inc., General Carbon Corporation, Birla Carbon, Esco’s Nanocarb, ELGA Lab Water, Benchmark Technologies, ABP Chemical and Ventilation Engineering Ltd, Trietel, Jacobi’s carbons, Toxsorb’s MAC, CG Carbon, Tradeasia, CELAR Water Equipment Company, Rotocarb, Panthera, SNF, Nautilus Chemicals, Hive Carbon.
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How is the Global Activated Carbon Market Segemented?
The activated carbon market covered in this report is segmented –
1) By Type: Powdered Activated Carbon, Granular Activated Carbon, Extruded Or Pelletized Activated Carbon, Other Types
2) By Application: Liquid Phase Applications, Gas Phase Applications, Metal Extraction, Medicine, Other Applications
3) By End Use: Water Treatment, Food And Beverage Processing, Pharmaceutical And Medical, Automotive, Air Purification, Other End Users
Subsegments:
1) By Powdered Activated Carbon (PAC): Standard PAC, Specialty PAC (for specific applications)
2) By Granular Activated Carbon (GAC): Standard GAC, Specialty GAC (tailored for specific uses)
3) By Extruded Or Pelletized Activated Carbon: Extruded Activated Carbon, Pelletized Activated Carbon
4) By Other Types: Impregnated Activated Carbon, Coconut Shell Activated Carbon, Wood-Based Activated Carbon, Coal-Based Activated Carbon
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Which Geographics are Influencing the Growth of the Activated Carbon Market?
Asia-Pacific was the largest region in the activated carbon market in 2024. North America was the second largest market in the activated carbon market. The regions covered in the activated carbon market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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