Activated Carbon Global Market Insights: Growth Drivers, Size & Forecasts to 2029

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What Is the Forecasted Market Growth Rate of the Activated Carbon Industry?
The size of the activated carbon market has seen a rapid expansion in the recent past. It is projected to rise from $7.13 billion in 2024 to over $8.07 billion in 2025, with a 13.1% compound annual growth rate (CAGR). The impressive growth seen in the historic period is attributed to robust economic growth in developing markets, a shortage of clean water, and heightened health awareness.

How Will the Activated Carbon Market Size Evolve From 2025 to 2029?
It is predicted that the market size for activated carbon will experience a significant increase in the coming years, reaching $13.85 billion by 2029 with a 14.5% compound annual growth rate (CAGR). The surge during this forecast period is primarily due to the escalating demand for purified water, growing urbanization, increased water intake, a boost in the worldwide population, and government-led initiatives advocating for efficient water management. Key trends throughout this period entail an emphasis on developing innovative high-flow carbon filter systems to bolster product range, a concentrated effort to ramp up investments for boosting production capabilities, an attention towards product creativity to entice a larger customer base, and a drive towards mergers and acquisitions in an effort to enrich the product lineup and extend their geographical reach in the market.

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What Are the Main Growth Drivers in the Activated Carbon Market Today?
The expansion of the activated carbon market is anticipated due to the rising necessity of clean water. The surge in urban and industrial advancement is increasing the need for clean water and consequently activated carbon, which plays a vital role in water sanitization. The United Nations World Water Development Report predicts that roughly 6 billion individuals will experience a shortage of clean water by 2050. Thus, the escalating demand for clean water coupled with its scarcity is anticipated to boost the require for activated carbon in water purification during the forecasted timeframe.

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Which Activated Carbon Market Segment Is Expected to Lead Through 2029?
The activated carbon market covered in this report is segmented -

1) By Type: Powdered Activated Carbon, Granular Activated Carbon, Extruded Or Pelletized Activated Carbon, Other Types
2) By Application: Liquid Phase Applications, Gas Phase Applications, Metal Extraction, Medicine, Other Applications
3) By End Use: Water Treatment, Food And Beverage Processing, Pharmaceutical And Medical, Automotive, Air Purification, Other End Users

Subsegments:
1) By Powdered Activated Carbon (PAC): Standard PAC, Specialty PAC (for specific applications)
2) By Granular Activated Carbon (GAC): Standard GAC, Specialty GAC (tailored for specific uses)
3) By Extruded Or Pelletized Activated Carbon: Extruded Activated Carbon, Pelletized Activated Carbon
4) By Other Types: Impregnated Activated Carbon, Coconut Shell Activated Carbon, Wood-Based Activated Carbon, Coal-Based Activated Carbon

Which Market Trends Are Expected to Dominate Activated Carbon Industry Growth?
In the activated carbon market, major businesses, like incorporating coconut shell-based activated carbon utilization, are honing their technological strengths to improve the absorption efficiency and sustainability of their goods. Coconut shell-based activated carbon, derived from coconut shells, is an example of this. Indcarb Activated Carbon Private Limited, a producer of coconut shell-based activated carbon based in India, released inline water filters in May 2024 as one of these developments. Inline water filters, which are integrated into water supply lines to allow for ongoing purification as water flows, utilizes coconut shell-based activated carbon and various filtration materials to effectively eliminate impurities, pollutants, chlorine, and smells, ensuring the provision of clean and safe drinking water. Indcarb's strategy is to market these filters as high-performance solutions for health-conscious consumers, leveraging the growing requirement for dependable water purification systems.

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Which Companies Hold the Largest Market Share in the Activated Carbon Sector?
Major companies operating in the activated carbon market include Ingevity, Haycarb PLC, Kuraray Co. Ltd, Daigas Group, Cabot Corporation, Calgon Carbon Corporation, Veolia, Kureha Corporation, Tronox Inc, Carbon Activated Corporation, Kalpaka Chemicals Pvt. Ltd, Jacobi Carbons India Pvt. Ltd, Boyce Carbon, Adsorbent Carbons Pvt. Ltd, Kalimati Carbon Pvt. Ltd, Chifeng Zhonglin Zhongtian Chemical Industry, Datong Coal Jinding Activated Carbon, Datong Locomotive Coal, Datong Municipal Yunguang Activated Carbon, Fujian Xinsen Carbon, Fujian Yuanli Active Carbon, Fujian Zhixing Activated Carbon, Donau Carbon GmbH & Co. KG, CarboTech AC GmbH, Evoqua Water Technologies GmbH, Carbo France, Eurocarb, LKAB Minerals, Sorbacal, Chemviron Carbon, Carbonactiv, Mako Industries, DILO Armaturen und Anlagen GmbH, Metrohm AG, Addfield Environmental Systems Limited, Technokomplex, California Carbon Co. Inc., Kleen Industrial Services, Pure Effect Inc., Carbon Supply Inc., Yardney Water Management Systems Inc., General Carbon Corporation, Birla Carbon, Esco's Nanocarb, ELGA Lab Water, Benchmark Technologies, ABP Chemical and Ventilation Engineering Ltd, Trietel, Jacobi's carbons, Toxsorb's MAC, CG Carbon, Tradeasia, CELAR Water Equipment Company, Rotocarb, Panthera, SNF, Nautilus Chemicals, Hive Carbon.

Where Is the Activated Carbon Market Experiencing the Highest Growth?
Asia-Pacific was the largest region in the activated carbon market in 2024. North America was the second largest market in the activated carbon market. The regions covered in the activated carbon market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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