Activated Carbon Market Report 2025: Key Growth Drivers, Trends, and Forecast Analysis

Activated carbon, commonly known as activated charcoal, is utilized in a variety of industrial applications, including gas and air cleansing with reuse recovery. Strict emission regulations are the result of growing environmental concerns and awareness. This has led to various producers investing in innovative concepts and creating technology for the use of the product in cleaning and air treatment applications, among others. It is increasingly employed for the treatment of wastewater as well as drinking water, service water, and groundwater.

Activated Carbon Market size was valued at USD 4.4 Billion in 2023 and is poised to grow from USD 4.83 Billion in 2024 to USD 10.1 Billion by 2032, growing at a CAGR of 9.8% during the forecast period (2025-2032).

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Adsorption of dissolved organic contaminants and the removal of flavors and odor-altering chemicals are the main functions of the product. The use of activated carbon injection (ACI) technology has made the purification process more affordable. To reduce mercury emissions, these techniques are mostly utilized in cement kilns and power plants. Growing pollution as a result of emissions from product manufacturing has been a key market-driving driver in the global activated carbon market.

Market Segmentation:

Global Activated Carbon Market is segmented by Type, Raw Material, Application, End user and region.

Based on Type, the market is segmented into Powdered Activated Carbon, Granular Activated Carbon, Other Types.
Based on Raw Material, the market is segmented into Coal, Coconut, Wood, Peat, Other Raw Materials.
Based on Application, the market is segmented into Liquid Phase Application, Gas Phase Application.
Based on end user, the market is segmented into Water Treatment, Food & Beverages, Pharmaceutical & Medical, Automotive, Industrial, Other End-use Industries.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.

Activated Carbon Market Key Players:

Diagas Group (Japan)
Kuraray Co., Ltd. (Japan)
Haycarb PLC (Sri Lanka)
Norit (Netherlands)
Kureha Corporation (Japan)
BASF SE (Germany)
Albemarle Inc. (US)
Ingevity (US)
Iluka Resources Limited (Australia)
Tronox Holdings Plc (US)
Evoqua Water Technologies LLC (US)
Jacobi Carbons Group
Donau Carbon Gmbh
Silcarbon Aktivkohle Gmbh
Carbotech
Activated Carbon Technologies Pty Ltd.
Carbon Activated Corporation
Boyce Carbon
Universal Carbons (India)
Shinkwang Chemical Industry Co., Ltd.

Activated Carbon Market Regional Insights:

Asia Pacific led the market in 2020, with a value of USD 1.24 billion. Due to China and India being two of the major consumers, particularly for applications involving water treatment, it is anticipated to maintain its dominance during the projection period. The need for pure and safe drinkable water has surged as a result of the exponential population growth in the Asia-Pacific region. The Activated Carbon Market will expand in part because of the low cost and easy availability of raw materials.

Due to a rise in the demand for applications involving water and air purification, the U.S. dominated the market in North America. The usage of the product for eliminating pollutants including CO2, mercury vapors, and other dangerous gases has increased as a result of regulations the government has placed on the disposal of industrial effluent and gas emissions.

Activated Carbon Market Recent Developments:

In November 2021, the sale of Cabot Corporation's Purification Solutions division, which includes the activated carbon division, to One Equity Partners, was announced. The transaction is anticipated to close by the end of the first quarter of 2022.

In March 2021, The ENERMAX 6 carbon nanotube series, which helps improve battery performance at lower loadings and enables increased energy density of the battery, was introduced by Cabot Corporation. When compared to earlier CNT products, this CNT loading also reduces the battery cell's internal direct current resistance. Making the electrodes' conductivity comparable also lowers the overall loading of conductive carbon additives.

In February 2021, following the extensive debottlenecking and equipment modifications finished and validated in late December at its factory in Zhuhai, China, Ingevity Corporation declared that it has increased its capacity to produce activated carbon in the global activated carbon market.

Activated Carbon Key Market Trends:

Activated carbon has a strong adsorption potential for a range of molecules, including odorous chemicals and carcinogenic contaminants, making it a great choice for air and gas cleaning. It delivers clean, non-hazardous air by removing dangerous contaminants from the air streams in applications including personal safety and residential air purification. The product is also used to separate hydrogen from biogas and treat biogas. By protecting downstream machineries like engines, catalysts, and fuel cells from corrosive silicon dioxide and enhancing production yields, reduces manufacturing costs.

Related Reports:

https://insightdigits.exblog.jp/243618573/
https://vinitsawant.hatenablog.com/entry/2025/03/26/215346
Looking ahead, the Activated Carbon Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Activated Carbon Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.

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