The global activated carbon market size was valued at USD 5.70 billion in 2024. The market is projected to grow from USD 5.62 billion in 2025 to USD 10.04 billion in 2032, exhibiting a CAGR of 8.7% during the forecast period. Activated carbon, also called activated charcoal, is a form of carbon that is majorly used in air purification and gas cleaning applications as they have a high absorption capacity and porosity. The growing use of this product in several industries, right from food & beverage to chemicals is expected to amplify market growth.
Fortune Business Insights™ displays this information in a report titled, “Activated Carbon Market, 2025-2032.”
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Segmentation:
Granular Carbon to Gain Traction Due to its Rising Use in Many End-use Industries
Based on type, the global market is segmented into powdered, granular, and others. The Granulated Activated Carbon (GAC) segment is the fastest-growing segment as this type of carbon finds major usage in several industries, such as air & gas purification and water treatment.
Activated Charcoal to be Increasingly Used in Water Treatment Applications Due to Rising Industrial Activities
Based on application, the market is categorized into water treatment, air & gas purification, food & beverage, pharmaceutical & healthcare treatment, and others. The water treatment segment held the largest activated carbon market share in 2022 as the product is widely used in water treatment applications to eliminate organic compounds and toxic substances.
With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage:
What does the report cover?
- Detailed segmentation by type, application, and region.
- Profiles of top market players and recent industry developments.
- Key market drivers, trends, and restraints influencing future growth.
Drivers and Restraints:
What factors are driving the activated carbon market growth?
- Rising adoption of air purification systems – increasing air pollution and health concerns are pushing consumers to install purification systems using activated carbon.
- Growing demand for safe drinking water – particularly in emerging economies, boosting usage in water treatment plants.
What are the key challenges restraining the market?
- Rising raw material prices for activated charcoal production.
- Limited availability of raw materials, which could affect supply and increase costs.
Regional Insights:
What regions are covered in the market analysis?
- The market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
- Asia Pacific dominates due to high consumption in India and China, where water treatment demand is growing rapidly.
- North America is witnessing strong growth owing to rising adoption of air and water purification solutions.
Competitive Landscape:
Key Market Players to Offer Sustainable Purification Solutions to Boost Their Presence
Some of the key companies operating in this market include Cabot Corporation and Kuraray Co. Ltd. These firms are focusing on providing sustainable purification solutions to various industries, such as oil & gas, water treatment, and food & beverage, which will help them strengthen their market position.
Key Industry Development:
May 2024: Kuraray Co., Ltd. and its U.S. subsidiary Calgon Carbon Corporation announced plans to acquire Sprint Environmental Services, LLC’s industrial reactivated carbon business.
March 2023: Cabot Corporation launched its EVOLVE technology program to recover carbon from end-of-life tires, reducing waste and carbon footprint.
List of Key Companies Profiled In the Report:
- Osaka Gas Chemicals Co., Ltd. (Japan)
- Donau Carbon GmbH (Germany)
- Cabot Corporation (U.S.)
- PURAGEN ACTIVATED CARBONS (U.S.)
- CARBOTECH AC GMBH (Germany)
- Kuraray Co., Ltd. (Japan)
- KUREHA CORPORATION (Japan)
- Activated Carbon Technologies (Australia)
- Silcarbon Aktivkohle GmbH (Germany)
- Ingevity (U.S.)
- Iluka Resources (Australia)
- James Cumming & Sons (Australia)
- Universal Carbons (India)
- Carbon Activated Corporation (U.S.)
- Tronox (U.S.)
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