Activated Carbon Market Size, Share and Forecast 2032
The global activated carbon market size was valued at USD 5.70 billion in 2024. The market is projected to grow from USD 5.62 billion in 2025 to USD 10.04 billion in 2032, exhibiting a CAGR of 8.7% during the forecast period.n
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Activated Carbon Market Size, Demand and Industry Outlook 2032 The global activated carbon market size was valued at USD 5.70 billion in 2024. The market is projected to grow from USD 5.62 billion in 2025 to USD 10.04 billion in 2032, exhibiting a CAGR of 8.7% during the forecast period. Activated carbon, also called activated charcoal, is a form of carbon that is majorly used in air purification and gas cleaning applications as they have a high absorption capacity and porosity. The growing use of this product in several industries, right from food & beverage to chemicals is expected to amplify market growth. Fortune Business Insights displays this information in a report titled, "Activated Carbon Market, 2025-2032." Get a Free Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102175 Segmentation: Granular Carbon to Gain Traction Due to its Rising Use in Many End-use Industries Based on type, the global market is segmented into powdered, granular, and others. The Granulated Activated Carbon (GAC) segment is the fastest-growing segment as this type of carbon finds major usage in several industries, such as air & gas purification and water treatment. Activated Charcoal to be Increasingly Used in Water Treatment Applications Due to Rising Industrial Activities
Based on application, the market is categorized into water treatment, air & gas purification, food & beverage, pharmaceutical & healthcare treatment, and others. The water treatment segment held the largest activated carbon market share in 2022 as the product is widely used in water treatment applications to eliminate organic compounds and toxic substances. With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Report Coverage: The report studies the market in detail and underlines critical aspects, such as key product types, applications, and top market players. The report also offers valuable insights into the market s drivers, trends, and prominent industry developments. Besides the abovementioned factors, the report also lists other factors that have helped the market grow. Drivers and Restraints: Air pollution is becoming a major cause of concern globally as it is one of the primary causes of many severe health problems. Individuals in residential areas are suffering from breathing difficulties due to the lack of clean air. This is why many people are opting for air purification systems, which contain activated carbon to absorb the tiniest pollutants and impurities present in the air, providing them with clean, breathable air. Regional Insights: Asia Pacific dominated the global market in 2022 and might retain its dominance during the forecast period as region has two major active carbon consuming countries India and China. These countries are using this type of carbon in water treatment applications to cater to the growing need for safe and potable water. North America has also showcased major growth as this product is being widely used in air and water purification applications. Competitive Landscape: Key Market Players to Offer Sustainable Purification Solutions to Boost Their Presence Some of the key companies operating in this market include Cabot Corporation and Kuraray Co. Ltd. These firms are focusing on providing sustainable purification solutions to various industries, such as oil & gas, water treatment, and food & beverage, which will help them strengthen their market position. 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.) Key Industry Development: May 2024 Kuraray Co., Ltd., together with its U.S. subsidiary Calgon Carbon Corporation, announced plans to acquire the industrial reactivated carbon business of Sprint Environmental Services, LLC. March 2023 Cabot Corporation introduced its EVOLVE technology program aimed at advancing sustainable reinforcing carbons. The initiative focuses on recovering carbon products from end-of-life tires, enabling waste renewal and reducing overall carbon content. Get Your Customization Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/102175 About Us: Fortune Business Insights delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in. Contact Us: Fortune Business Insights Pvt. Ltd. 9th Floor, Icon Tower, Baner - Mahalunge Road, Baner, Pune-411045, Maharashtra, India. Phone: US: +18339092966 UK: +448085020280 APAC: +91 744 740 1245 Email: sales@fortunebusinessinsights.com
