Global Activated Carbon Market Is Estimated To Reach USD 13,385.6 Million in 2026 | Polaris Market Research

Global Activated Carbon Market expected to grow from USD 4,059.3 million in 2017 to USD 13,385.6 million by 2026,at a CAGR of 14.3% during the forecast period

Activated carbon is primarily used in gas purification, & water purification applications. Additional applications of activated carbon include sewage treatment, gold recovery, metal extraction, etc.”
— Polaris Market Research

BROOKLYN, NY, UNITED STATES, February 8, 2018 / -- According to a new study published by Polaris Market Research, The Global Activated Carbon Market generated USD 4,059.3 million in 2017 and is anticipated to grow at a CAGR of 14.3% during the forecast period.

Activated carbon is obtained from processing of materials such as sawdust, peat, lignite, coal, and petroleum coke among others. Activated carbon is extremely porous and offers a large surface area for adsorption and chemical reactions. Activated carbon is primarily used in gas purification, and water purification applications. Additional applications of activated carbon include sewage treatment, gold recovery, metal extraction, medicine, air filters in gas masks and filter masks, and filters in compressed air.

The demand for activated carbon has increased over the years owing to growing water purification concerns and growing demand from water purification plants. Activated carbon is being used for water treatment and air purification owing to strict government regulations. Use of activated carbons in mercury removal plants along with increasing awareness regarding environmental pollution supports market growth. Growing demand from emerging economies along with technological advancement is expected to provide numerous growth opportunities in the coming years.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Activated Carbon Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

Asia-Pacific generated the highest revenue in 2017 owing to presence of stringent government regulations and growing awareness regarding environmental pollution. The increasing demand from water and air purification applications has accelerated the adoption of activated carbon in Asia-Pacific. Presence of leading players in the region, along with growing industrialization and urbanization would support market growth during the forecast period.

Competitive Landscape and Key Vendors
The global activated carbon market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading companies profiled in the report include Calgon Carbon Corporation, Oxbow Activated Carbon LLC, Donau Carbon GmbH, Osaka Gas Co., Ltd., Kureha Corporation, ADA-ES Inc., Siemens Water Technologies Corporation, MeadWestvaco Corp., Veolia Water SA, Cabot Norit Activated Carbon, Jacobi Carbons AB, and Carbon Resources LLC.

Key Segments

Segment – 1. Type

1.1Powdered Activated Carbon
1.2Granular Activated Carbon
1.3Other Activated Carbon

Segment – 2. Raw Material

2.1 ituminous coal

Segment – 3. Application

3.1Water Treatment
3.2Food & Beverage Processing
3.3Medicine and Pharmaceutical
3.5Air Purification

Segment – 4. Region

4.1North America


4.2.5Rest of Europe


4.3.4Rest of Asia-Pacific

4.4Latin America

4.4.2Rest of Latin America
4.5Middle East and Africa

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