Industry Experts - Market Research

Fueled by Environmental Concerns, Demand for Activated Carbon to ouch $50 billion by 2030

Thursday Feb 06, 2025

Industry Experts, Inc., has released its latest report on Activated Carbon Market, which projects the demand for the same be estimated at US$30.6 billion in 2024 and projected to reach US$49.6 billion by 2030 at a CAGR of 8.4% between the two years.

Some of the factors instrumental in driving demand for Activated Carbon include growing application of this versatile material across a range of sectors, including water treatment, medical & pharmaceuticals, automotive, food & beverages and air purification, among others. Increase in concerns regarding the importance of pure water for personal, as well as industrial, uses provide further impetus for Activated Carbon, as the material is very effective in controlling synthetic organic chemicals in drinking water. Stringent rules regarding maintenance of water purity to ensure public health safety and rigorous air quality regulations aimed at reducing air pollution levels are also factors contributing to growing demand for Activated Carbon.

Based on type, the global market for Activated Carbon is segmented into Granular Activated Carbon (GAC), Powdered Activated Carbon and Other Activated Carbon Types (including Extruded/Pelleted Activated Carbon and Cloth-Based Activated Carbon). Among these, the demand for PAC is the largest, since the material's fine particle size and high surface area make it well-suited for water treatment, air purification and food processing applications through enhanced adsorption efficiency. However, the global market for GAC is likely to register the fastest growth over the analysis period, owing to its wider use for large-scale applications, such as treating industrial air and water.

The report studies the Activated Carbon market across all major regions including North America (The United States, Canada and Mexico), Europe (France, Germany, Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific), South America (Argentina, Brazil and Rest of South America) and Middle East & Africa.

The market for major types of Activated Carbon analyzed in this report include Granular Activated Carbon (GAC), Powdered Activated Carbon (PAC) and Other Activated Carbon Types (including Extruded/Pelleted Activated Carbon and Cloth-Based Activated Carbon). The study also examines the market for Activated Carbon by raw material, comprising Coal, Coconut Shells, Peat and Wood. With regard to application, the Activated Carbon market is analyzed for Gas Phase and Liquid Phase. The end-use sectors of Activated Carbon analyzed in this report include Air Purification, Automotive, Food & Beverages, Industrial, Pharmaceutical & Medical and Water & Wastewater Treatment, among Others (incl. Electronics, Mining and Oil & Gas).

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Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/