Activated Carbon Market

Activated Carbon Market Analysis and Forecast by Form, Phase, Application, Region, and Country, 2023-2033

Activated Carbon Gains Momentum as a Sustainable Solution of Purification, Unlocking New Revenue Streams

Category: Chemicals & Materials Published Date : Oct-23 ID: CVC01103 Format: PDF Pages: 300


The activated carbon market is witnessing significant growth, driven by technological advancements and a rising demand for purification solutions across various industries. Known for its high adsorption properties, activated carbon is particularly popular in water treatment applications.

Key Findings: Activated Carbon Industry Outlook and Trends

  • Market value in 2022 is estimated at USD 4210.3 million, with a projection to reach USD 4425 million in 2023.
  • The market is anticipated to grow to USD 7276.8 million by 2033, with a CAGR of 5.1%.
  • Water treatment emerges as the largest segment by application, accounting for 45.3% of the industry.
  • The largest region in terms of revenue share holds 35.6% of the market.

Drivers of Activated Carbon Market Growth

The primary driver for the industry growth is its increasing use in water treatment facilities. As industries and municipalities focus on more efficient and safer water purification methods, activated carbon is gaining prominence.

Key Growth Factors in the Activated Carbon Business Development

Technological advancements in activated carbon production and its integration into various systems are significantly influencing the market. These advancements are attracting a wide range of industries, thereby positively impacting market expansion.

How Big is the Activated Carbon Market in 2023: Role of Regulations

Regulatory frameworks, particularly those concerning water quality and environmental sustainability, are crucial in shaping the industry development. Stricter regulations are pushing industries to opt for high-quality, compliant activated carbon solutions.

Key Challenge in the Activated Carbon Industry

The main challenge facing the market is the cost associated with high-quality activated carbon. While these products offer superior performance and environmental benefits, they also come at a higher price point, posing a significant investment challenge for industries.

Opportunities in the Activated Carbon Market Landscape

Emerging economies offer numerous opportunities, especially where water treatment and industrial purification are expanding. The demand for efficient and safe activated carbon solutions is expected to rise, providing room for market growth.

Category-wise Insights

By Application, the market is segmented into Water Treatment, Air Purification, Industrial Processes, and Others. Water treatment stands out as the largest segment, capturing 45.3% of the market share.

Region-wise Insights

Activated Carbon Market in North America

North America plays a significant role in the marketplace, driven by stringent environmental regulations and technological advancements. The region has a mature market, particularly in the water treatment sector, which is the largest application segment for activated carbon. Regulatory frameworks in the United States and Canada emphasize the need for high-quality, eco-friendly activated carbon solutions, propelling companies to invest in R&D for more efficient products.

Activated Carbon Industry in Europe

Europe is another key market for activated carbon, led by countries like Germany, the United Kingdom, and France. The European Union’s strict regulations on water quality and environmental sustainability are major drivers for the adoption of high-quality activated carbon. Companies in the region are aligning their products with the EU’s sustainability goals, finding applications in diverse industries such as water treatment and air purification.

Activated Carbon Market in Asia Pacific Excluding Japan

The Asia Pacific region, excluding Japan, is an emerging market with rapid industrial growth. Countries like China and India are driving the demand for activated carbon, especially in water treatment and industrial processes. The focus is on high-quality, efficient, and environmentally friendly solutions that align with the sustainability goals of these developing economies. Local companies are collaborating with international players to meet growing industrial needs.

Activated Carbon Industry in Japan

Japan is a unique player in the activated carbon market, known for its focus on quality and technological innovation. Japanese companies are pioneers in developing advanced forms of activated carbon, setting market trends globally. The market is driven by high-tech industries, including electronics and advanced manufacturing, where the quality of purification solutions is a critical factor.

Activated Carbon Market in Latin America

Latin America is an emerging market with significant growth potential in the activated carbon sector. Countries like Brazil and Argentina are contributing to market growth, primarily driven by the water treatment and industrial sectors. However, the market faces challenges such as economic instability and regulatory hurdles. Despite these challenges, there is a growing awareness of the need for high-quality and environmentally friendly activated carbon solutions.

Activated Carbon Industry in the Middle East and Africa

The Middle East and Africa region offers untapped potential in the market scenario for activated carbon. Countries like Saudi Arabia and the UAE are focusing on industrial expansion, thereby driving the demand for activated carbon. Investments in sectors like oil and gas, water treatment, and industrial processes are expected to fuel market growth. The focus is on high-quality, safe, and efficient solutions to meet the industrial needs of this emerging market.

Key Players and Strategies in the Activated Carbon Market

Prominent players in the activated carbon business landscape are adopting various strategies such as business expansion, mergers and acquisitions, and collaborations to strengthen their market position. These strategies are often accompanied by robust R&D activities, aimed at developing high-quality and sustainable products.


The activated carbon market is a dynamic and evolving sector, marked by technological advancements and a focus on sustainability. The industry is set for steady growth, influenced by an increasing demand for high-quality, eco-friendly purification solutions in various industrial applications.

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1.1. Global Market Outlook

1.2. Technology Roadmap

1.3. Supply and Demand Side Trends

1.4. Strategic Success Factors

1.5. Analysis and Recommendation

2.1. Market Taxonomy

2.2. Market Definitions

2.3. Inclusions and Limitations

3.1. Supply Side Overview

3.2. Demand Side Overview

4.1. Macroeconomic Factors

4.2. Forecast Factors

4.3. PEST Analysis

4.4. Porter’s Five Forces

4.5. Value Chain Analysis

4.6. Market Dynamics

4.6.1. Drivers

4.6.2. Restraints

4.6.3. Opportunities

4.7. Patent Analysis

4.8. Trade Analysis

4.9. Investment Feasibility Matrix

4.10. Challenges for New Entrants

4.11. Regulations Overview

4.12. Covid-19 Impact Assessment

4.12.1. Economy/Cluster Projections

4.12.2. Covid-19 Economic Assessment

4.12.3. Potential Impact on Target Market

4.12.4. Recovery Scenario

5.1. Historical Value ($ Million) and Future Market Value ($ Million) Projection Analysis

5.2. Demand Y-o-Y Growth Rate Analysis

5.3. Total $ Opportunity Analysis

5.4. Historical Volume (Tons) and Future Market Volume (Tons) Projection Analysis

6.1. Regional Pricing Analysis by Source

6.2. Regional Price Forecast

6.3. Profit Margin Analysis

6.4. Future Price Impact Factors

7.1. Introduction

7.2. Market Trends

7.3. Historical Market Analysis and Market Forecast Analysis

7.3.1. Powdered

7.3.2. Granular

7.3.3. Pelletized

7.3.4. Extruded

7.4. Market Attractiveness Analysis

8.1. Introduction

8.2. Market Trends

8.3. Historical Market Analysis and Market Forecast Analysis

8.3.1. Liquid Phase

8.3.2. Gas Phase

8.4. Market Attractiveness Analysis

9.1. Introduction

9.2. Market Trends

9.3. Historical Market Analysis and Market Forecast Analysis

9.3.1. Water and Wastewater Treatment

9.3.2. Food and Beverages

9.3.3. Automotive

9.3.4. Pharmaceutical and Medical

9.3.5. Air Purification

9.3.6. Gas Purification

9.3.7. Industrial Processing

9.3.8. Mining

9.3.9. Others

9.4. Market Attractiveness Analysis

10.1. Introduction

10.2. Market Trends

10.3. Historical Market Analysis and Market Forecast Analysis

10.3.1. North America

10.3.2. Latin America

10.3.3. Western Europe

10.3.4. Eastern Europe

10.3.5. East Asia

10.3.6. South Asia Pacific

10.3.7. Middle East and Africa

10.4. Market Attractiveness Analysis by Region

11.1. Introduction

11.2. Key Market Trends

11.3. Pricing Analysis

11.4. Historical Market Analysis and Market Forecast Analysis

11.4.1. By Country The U.S. Canada

11.4.2. By Application

11.4.3. By Phase

11.4.4. By Form

11.5. Market Attractiveness Analysis

11.5.1. By Country

11.5.2. By Application

11.5.3. By Phase

11.5.4. By Form

11.6. Market Participants Presence Mapping

12.1. Introduction

12.2. Key Market Trends

12.3. Pricing Analysis

12.4. Historical Market Analysis and Market Forecast Analysis

12.4.1. By Country Brazil Mexico Rest of L.A.

12.4.2. By Application

12.4.3. By Phase

12.4.4. By Form

12.5. Market Attractiveness Analysis

12.5.1. By Country

12.5.2. By Application

12.5.3. By Phase

12.5.4. By Form

12.6. Market Participants Presence Mapping

13.1. Introduction

13.2. Key Market Trends

13.3. Pricing Analysis

13.4. Historical Market Analysis and Market Forecast Analysis

13.4.1. By Country Germany Italy France The U.K. Spain BENELUX Nordics Rest of Western Europe

13.4.2. By Application

13.4.3. By Phase

13.4.4. By Form

13.5. Market Attractiveness Analysis

13.5.1. By Application

13.5.2. By Phase

13.5.3. By Form

13.6. Market Participants Presence Mapping

14.1. Introduction

14.2. Key Market Trends

14.3. Pricing Analysis

14.4. Historical Market Analysis and Market Forecast Analysis

14.4.1. By Country Poland Russia Baltics Balkans Rest of Eastern Europe

14.4.2. By Application

14.4.3. By Phase

14.4.4. By Form

14.5. Market Attractiveness Analysis

14.5.1. By Country

14.5.2. By Application

14.5.3. By Phase

14.5.4. By Form

14.6. Market Participants Presence Mapping

15.1. Introduction

15.2. Key Market Trends

15.3. Pricing Analysis

15.4. Historical Market Analysis and Market Forecast Analysis

15.4.1. By Country China Japan South Korea

15.4.2. By Application

15.4.3. By Phase

15.4.4. By Form

15.5. Market Attractiveness Analysis

15.5.1. By Country

15.5.2. By Application

15.5.3. By Phase

15.5.4. By Form

15.6. Market Participants Presence Mapping

16.1. Introduction

16.2. Key Market Trends

16.3. Pricing Analysis

16.4. Historical Market Analysis and Market Forecast Analysis

16.4.1. By Country India ASEAN ANZ Rest of SAP

16.4.2. By Application

16.4.3. By Phase

16.4.4. By Form

16.5. Market Attractiveness Analysis

16.5.1. By Country

16.5.2. By Application

16.5.3. By Phase

16.5.4. By Form

16.6. Market Participant's Presence Mapping

17.1. Introduction

17.2. Key Market Trends

17.3. Pricing Analysis

17.4. Historical Market Analysis and Market Forecast Analysis

17.4.1. By Country GCC Countries Turkey South Africa Rest of MEA

17.4.2. By Application

17.4.3. By Phase

17.4.4. By Form

17.5. Market Attractiveness Analysis

17.5.1. By Country

17.5.2. By Application

17.5.3. By Phase

17.5.4. By Form

17.6. Market Participants Presence Mapping

18.1. Market Concentration Analysis

18.2. Tier Structure Breakdown

18.3. Market Share Analysis

18.4. Production Capacity Analysis

18.5. Key Strategies Adopted by Top Players

18.6. Start-up Ecosystem

18.6.1. New Player Entry

18.6.2. Strategies Adopted by New Players

18.7. Company Footprint Analysis

18.8. Competitive Dashboard

19.1. Cabot Norit Activa

ted Carbon

19.2. Haycarb PLC

19.3. Kuraray

of Arkema Group)

19.5. Donau Carbon Group

19.6. Carbotech GmbH

19.7. Jacobi Carbons

19.8. Desotec

19.9. Prominent Systems, Inc