Activated Carbon Market Outlook 2025-2030 Targeted Segmentation, Competitive Strategies and Industry Trends

The global activated carbon market is witnessing steady growth, fueled by rising automobile ownership, increasing concerns over health risks from contaminated drinking water, and stricter environmental and manufacturing standards worldwide.

According to a report published by Allied Market Research titled "Activated Carbon Market by Product Type, Application, and End-use Industry: Global Opportunity Analysis and Industry Forecast, 2020-2030," the market was valued at $3.2 billion in 2020 and is projected to reach $5.8 billion by 2030, registering a CAGR of 6.3% from 2021 to 2030.

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Market Dynamics:-

Key Growth Drivers:

- Growing automobile production and ownership have significantly increased the demand for activated carbon in emission control systems. Additionally, the rising health risks associated with impure drinking water and the implementation of stringent environmental regulations across industries continue to drive market expansion.

Market Restraints:

- Despite positive growth trends, environmental challenges and fluctuations in raw material prices, particularly coconut shells and coal-based feedstock, restrict market growth.

Emerging Opportunities:

- Increasing adoption of mercury control technologies for industrial air purification is expected to create new growth opportunities for market players in the coming years.

Segmental Insights:-

By Application:

- The liquid phase segment dominated the market in 2020, accounting for nearly three-fifths of total revenue, primarily due to its extensive use in wastewater treatment, groundwater remediation, potable water purification, food-grade applications, and chemical processing.

- Meanwhile, the gaseous phase segment is expected to witness the fastest growth, registering a CAGR of 6.8% during the forecast period, supported by its adaptability to fluctuating air quality and industrial emission control requirements.

By End-use Industry:

- The water treatment sector held the largest market share in 2020, contributing over two-fifths of total revenue, driven by increasing industrialization and global water scarcity concerns.

- On the other hand, the automotive sector is projected to experience the highest growth rate, with a CAGR of 7.7%, owing to activated carbon's superior adsorption properties and its effectiveness in meeting emission compliance standards.

Regional Outlook:

- The Asia-Pacific region emerged as the dominant market in 2020, accounting for nearly two-fifths of global demand. The region is also expected to register the fastest growth, with a CAGR of 7.5%, driven by expanding automotive manufacturing and rising demand from developing economies such as India and China.

- Other key regions analyzed in the report include North America, Europe, and LAMEA.

Leading Market Players:-

Major companies operating in the global activated carbon market include:

- CLARINEX Group
- Carbon Activated Corp.
- Cabot Corporation
- ADA-ES, Inc.
- Jacobi Carbons AB
- Siemens Water Technologies Corp.
- Kureha Corporation
- Calgon Carbon Corporation
- Carbo Tech AC GmbH
- Carbon Resources LLC

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