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Activated Carbon Market Report Covers Detailed Industry Scope, Future Scenario and Outlook to 2028
Activated Carbon Market
Based on type, the global activated carbon market is segmented into granular/extruded, powdered, honeycombs, impregnated, and reactivated. The powdered segment held the largest market share in 2022. The granular/extruded segment is estimated to register the highest CAGR in the global activated carbon market during the forecast period. Granular activated carbon is utilized in gas and liquid phases for deodorization applications to eliminate natural organic matter, volatile organic compounds, and contaminants.
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Companies Profiled in this report includes:
• Osaka Gas Co Ltd
• Haycarb PLC
• Kureha Corp
• Donau Chemie AG
• Activated Carbon Technologies Pty Ltd
• Albemarle Corp
• CPL Activated Carbons
• Ingevity Corp
• Norit Nederland BV
Asia Pacific accounted for the largest portion of the global activated carbon market share in 2022. China and India are major contributors to the growth of the activated carbon market in Asia Pacific. According to the European Chemical Industry Council, China's share of global chemicals sales increased to 43.0% in 2021, up from 28.3% reported in 2011. An increase in the requirement for various chemicals and a subsequent rise in chemical production are expected to boost the demand for activated carbon for chemical purification and processing. Moreover, the increasing establishment of water treatment facilities and equipment in China drives the activated carbon market in the country. It is used to adsorb a large amount of small particle-sized compounds such as benzene, toluene, ethyl-benzene, xylene, and organic compounds. Further, in India, the strong growth of the food & beverages, water treatment, air & gas, chemicals, etc. industries is bolstering the activated carbon market growth.
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Activated Carbon Market Segmentation:
By Type:
• Granular/Extruded
• Powdered
• Honeycombs
• Impregnated
• Reactivated
By Application:
• Gas and Air
• Automotive
• Catalyst
• Chemicals
• Food and Beverage
• Mining
• Pharmaceuticals
• Water Treatment
Granular activated carbon is increasingly used owing to its properties such as structural strength, regeneration characteristics, and clean handling, as well as the feasible recovery of spent activated carbon. The gas & air segment is estimated to register the highest CAGR in the global activated carbon market during the forecast period. Activated carbon is highly used for industrial air treatment in petrochemical plants, landfill sites, manufacturing operations, and chemical processing facilities to filter hazardous pollutants such as volatile organic compounds.
Based on application, the global activated carbon market is segmented into gas & air, automotive, catalyst, chemicals, food & beverage, mining, pharmaceuticals, water treatment, and others. The water treatment segment held the largest market share in 2022. Activated carbon is extensively used in the tertiary treatment of wastewater and various stages of wastewater treatment. Wastewater is tested and treated for various parameters such as chemical oxygen demand (COD), toxins, total organic carbon, biological oxygen demand (BOD), hydrocarbons, pesticides, cyanides, and the presence of other harmful chemicals. Over the previous years, activated carbon has been widely used in service water treatment, groundwater rehabilitation, and drinking water treatment.
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