Dublin, April 17, 2024 (GLOBE NEWSWIRE) -- The "Activated Carbon - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Activated Carbon Market to Reach 5.7 Million Tons by 2030
The global market for Activated Carbon estimated at 3.1 Million Tons in the year 2023, is projected to reach 5.7 Million Tons by 2030, growing at a CAGR of 8% over the analysis period 2023-2030.
Activated carbon, widely known for its versatile applications, is a cornerstone in various industries. Its forms vary, catering to diverse end-use markets where it's utilized extensively. In the competitive landscape of activated carbon, market presence is stratified, with players showcasing varying degrees of strength and activity globally. The market share percentages in 2023 illustrate the competitive dynamics.
Powdered Activated Carbon, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach 3.6 Million Tons by the end of the analysis period. Growth in the Granular Activated Carbon segment is estimated at 6.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at 563.9 Thousand Tons, While China is Forecast to Grow at 9.5% CAGR
The outlook for the global activated carbon market appears promising, with rapid growth anticipated, particularly led by the robust presence of Asia-Pacific, spearheaded by China. Specific segments like powdered activated carbon (PAC), liquid-phase, and water treatment are thriving, illuminating the market's diverse applications, especially in water treatment domains.
The Activated Carbon market in the U.S. is estimated at 563.9 Thousand Tons in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of 2.2 Million Tons by the year 2030 trailing a CAGR of 9.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 5.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.8% CAGR.
Production and export landscapes further underline its significance, with certain countries emerging as key players. Given its raw material-intensive nature, the industry demands a detailed comparison of various types based on raw material. Recent market activities indicate ongoing vibrancy and evolution within this vital industry, echoed by the presence of world-renowned brands driving innovation and market dynamics.
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Activated Carbon: A Prelude
- Forms of Activated Carbon
- Major End Use Markets
- Activated Carbon- Competitive Landscape
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
- Activated Carbon - Global Key Competitors Percentage Market Share in 2023 (E)
- Global Market Prospects and Outlook
- Global Activated Carbon Market Set for a Rapid Growth
- Led by China, Asia-Pacific Enjoys Commanding Stake in Activated Carbon Market
- PAC, Liquid-Phase & Water Treatment: Thriving Segments of Activated Carbon Market
- Activated Carbon Market Dazzles with Water Treatment Applications
- Production Landscape
- Breakdown of Activated Carbon Production (in %) by Country: 2022
- Breakdown of Activated Carbon Exports (in %) by Country: 2022
- Activated Carbon: A Raw Material Intensive Industry
- Comparison of Various Types of Activated Carbon based on Raw Material
- Recent Market Activity
- World Brands
MARKET TRENDS & DRIVERS
- Industry Focus Grows on Sustainable Production of Activated Carbon from Renewable Sources
- Activated Carbon for Smoother Car Suspensions
- Stringent Emission Norms Drives AC Demand in Automobile Sector
- Breakdown of Number of Vehicles by Engine Type (in %) for 2020, 2030 & 2040
- Select Regulations
- Emission Control Legislations in Select Regions/Countries
- Reactivated Carbon Demand Grows in Significance
- Water Treatment Offers Significant Opportunities
- Deteriorating Quality of Water: Throws Emphasis on Water Treatment
- Percentage of Contaminated Water in Drinking Water Supplies in Africa, Asia, and Latin America and Caribbean
- Percentage of Wastewater Treatment in Europe, Asia, Latin America, and Africa
- World Fresh Water Resources: Percentage Breakdown by Sources of Fresh Water
- Internal Water Resource Per Capita Ranked by Country - US, France, China, Germany, India, Netherlands and Saudi Arabia (in Cubic Meters)
- Water Adsorbents Market Gathers Steam with Stimulus from Activated Carbon
- Activated Carbon-Based Technology for In Situ Remediation
- BAC Filters to Produce Ultrapure Water
- Air Purification: Key Enabler of Future Growth
- Emphasis on Maintaining Ambient Indoor Air Quality Augurs Well for Market Growth
- Causes of Indoor Air Pollution
- Major Indoor Pollutants and their Impact on Health
- Types of Contaminants Present in Indoor Air and their Acceptable Levels
- EXHIBIT : Global Carbon Dioxide (CO2) Emissions (in Billion Metric Tons): 2010-2019
- Countries with the Highest Carbon Emissions Worldwide (2020): Percentage Breakdown for China, US, India, Russia, Japan, and Others Country % Share
- Air Pollution Levels (PM10 ug/m3) for Major Countries Worldwide
- Environment Regulations Drive Demand for Activated Carbon
- MATS Drives PAC Demand
- Disinfectants and Disinfection Byproducts Open up Opportunities for GAC
- The Minamata Convention Boosts Activated Carbon Demand
- Food and Beverage Processing Add to Market Growth
- Global Processed Foods Market Revenues (in $ Billion) for the Years 2019, 2022 and 2025
- Application in Medical and Pharmaceuticals Segment to Augment Demand
- Gold Extraction Activity Drives Focus on Activated Carbon
- Surging Usage in Solvent Vapor Recovery & Other Applications Supports Demand
- Activated Carbon Fiber Cloths Gain Popularity
- Activated Carbon in Beauty Industry: Making Waves
- Global Skincare Market in US$ Billion: 2012 & 2025
- Activated Carbon Draws Attention for Hydrogen Storage
- Activated Carbon Plastic Waste Helps Address Environmental Concerns
- Waste Tire-derived Activated Carbon Witnesses Increased Popularity
FOCUS ON SELECT PLAYERS(Total 52 Featured)
- Advanced Emissions Solutions, Inc.
- Cabot Corporation
- Carbon Activated Corp.
- ClarimexS.a. de C.V.
- Fujian Yuanli Active Carbon Co., Ltd
- Haycarb Plc
- Ingevity Corporation
- Kuraray Co., Ltd.
- Calgon Carbon Corporation
- Chemviron Carbon
- Osaka Gas Chemicals Co., Ltd.
- SCR-Sibelco NV
For more information about this report visit https://www.researchandmarkets.com/r/wa9n5r
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