Report Id: SNS/C&M/2265 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Activated Carbon Market Size was valued at USD 6.79 billion in 2022, and is expected to reach USD 13.75 billion by 2030, and grow at a CAGR of 9.2% over the forecast period 2023-2030.
Activated Carbon is made of carbon and has a very porous structure and a large internal surface area. It is made up of about 85–90% carbon and other things, depending on the raw materials used and how it is made. Because the product is porous, it can absorb different substances from liquids and gases. It can be used to remove toxic gases and elements from industrial waste effluents, flue gas, natural gas, and other sources. The main things that the product is used for are gas purification, gold purification, metal extraction, decaffeination, air filtration units, and pharmaceuticals.
Market Dynamics:
Drivers:
More people want wastewater to be cleaned up.
More and more applications for activated carbon in water treatment.
Activated carbon is being used more and more to stop pollution.
Restraints:
Disadvantages of activated carbon as a filter.
Changes in the prices of raw materials.
Activated carbon prices are going up because of a lack of raw materials.
Opportunity:
The product's popularity in smart electronics is on the rise.
Reactivated carbon will give companies that make activated carbon money-making chances.
Applications for Activated Carbon in Acoustics
Challenge:
Availability of substitutes.
Weak economic conditions have led to slow growth in industry.
Alternatives to commercial activated carbon that don't cost as much
Impact of Covid-19:
The COVID-19 pandemic had a huge effect on the activated carbon market in 2020, causing its CAGR to drop by a large amount. In 2020, safety and government orders at the federal and state levels had a big impact on the companies that made and sold activated carbon. Most businesses have been hurt by the COVID-19 pandemic. Manufacturers of activated carbon had trouble in 2020 because of rules about closing down businesses, limiting what local and state government offices could do, and keeping people apart. Demand for activated carbon went down in many industries that use it. The pandemic also led to less money being put into the water sector around the world.
Key Players:
Oxbow Activated Carbon LLC., Osaka Gas Chemical Co. Ltd., Calgon Carbon Corporation, Evoqua Water Technologies LLC, Cabot Corporation, Siemens Water Technologies Corp., Carbon Resources LLC, Kuraray Co. Ltd, Carbo Tech AC GmbH, Silcarbon Aktivkohle GmbH, Jacobi Carbons AB
Market Segment:
By Type
Powdered Activated Carbon
Granulated Activated Carbon
Others
By Application
Liquid Phase Applications
Water Treatment
Food & Beverages
Pharmaceutical & Medical
Others
Gas Phase Applications
Automotive
Industrial
Air Purification
Flue Gas Cleaning
Mercury Control
Solvent Recovery
Others
Regional Analysis:
The global Activated Carbon Market is split into Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa based on where they are. During the assessment period, the Asia-Pacific region is expected to lead the growth of the global market. Due to a lack of water, the industrial sector in the area needs more and more water to be cleaned and reused. This will likely increase demand for the product in the coming years. North America had the second-largest share of the market in 2020, at 20.14 percent, and is expected to have a moderate CAGR over the next few years. Also, Europe is expected to have the fastest growth over the next few years. During the forecast period, Latin America and the Middle East and Africa are also expected to offer good opportunities.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 6.79 Billion |
Market Size by 2030 | US$ 13.75 Billion |
CAGR | CAGR of 9.2% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Powdered Activated Carbon, Granulated Activated Carbon, Others (Pellet Shaped, Bead Shaped, and so on)) • By Application (Liquid Phase Applications, Gas Phase Applications) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Oxbow Activated Carbon LLC., Osaka Gas Chemical Co. Ltd., Calgon Carbon Corporation, Evoqua Water Technologies LLC, Cabot Corporation, Siemens Water Technologies Corp., Carbon Resources LLC, Kuraray Co. Ltd, Carbo Tech AC GmbH, Silcarbon Aktivkohle GmbH, Jacobi Carbons AB |
DRIVERS | • More people want wastewater to be cleaned up. • More and more applications for activated carbon in water treatment. • Activated carbon is being used more and more to stop pollution. |
Restraints | • Disadvantages of activated carbon as a filter. • Changes in the prices of raw materials. • Activated carbon prices are going up because of a lack of raw materials. |
Frequently Asked Questions (FAQ) :
Ans: Primary or secondary type of research done by this reports.
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Oxbow Activated Carbon LLC., Osaka Gas Chemical Co. Ltd., Calgon Carbon Corporation, Evoqua Water Technologies LLC, Cabot Corporation, Siemens Water Technologies Corp., Carbon Resources LLC, Kuraray Co. Ltd, Carbo Tech AC GmbH, Silcarbon Aktivkohle GmbH, Jacobi Carbons AB are the major key players of Activated Carbon Market.
Ans: More people want wastewater to be cleaned up, More and more applications for activated carbon in water treatment and Activated carbon is being used more and more to stop pollution are the drivers for Activated Carbon Market.
Ans: Activated Carbon Market Size was valued at USD 6.22 billion in 2021, and expected to reach USD 11.52 billion by 2028, and grow at a CAGR of 9.2 % over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Activated Carbon Market Segment, By Type
8.1 Powdered Activated Carbon
8.2 Granulated Activated Carbon
8.3 Others (Pellet Shaped, Bead Shaped, and so on)
9.Activated Carbon Market Segment, By Application
9.1 Liquid Phase Applications
9.1.1 Water Treatment
9.1.2 Food & Beverages
9.1.3 Pharmaceutical & Medical
9.1.4 Others
9.2 Gas Phase Applications
9.2.1 Automotive
9.2.2 Industrial
9.2.3 Air Purification
9.2.4 Flue Gas Cleaning
9.2.5 Mercury Control
9.2.6 Solvent Recovery
9.2.7 Others
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company Profile
11.1 Oxbow Activated Carbon LLC.
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Osaka Gas Chemical Co. Ltd.
11.3 Calgon Carbon Corporation
11.4 Evoqua Water Technologies LLC
11.5 Cabot Corporation
11.6 Siemens Water Technologies Corp.
11.7 Carbon Resources LLC
11.8 Kuraray Co. Ltd
11.9 Carbo Tech AC GmbH
11.10 Silcarbon Aktivkohle GmbH
11.11 Jacobi Carbons AB
12.Competitive Landscape
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
13. Conclusion
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