Activated Carbon Market Research Report - Forecast till 2028

Activated Carbon Market: Information by Type (Powdered Activated Carbon, Granular Activated Carbon, Extruded Activated Carbon, and Others), Application(Water Purification, Air Purification, Food And Beverage, Industrial Chemicals, Metal Extraction, Pharmaceuticals, Automotive, Catalyst, and Others), and Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Forecast till 2028

ID: MRFR/CnM/1212-CR | February 2021 | Region: Global | 185 pages

Activated Carbon Market Overview

In 2020, the activated carbon market value is registered as USD 3.93 billion and is expected to grow at a significant rate of 8.31% CAGR and is projected to reach USD 9, 425.6 million during the forecast period (2021-2028).

The organic material that is processed with high carbon content produces the activated carbon. The major property of the activated carbon is physical adsorption that is useful for purification, decaffeination, medicine, metal fishing, filters, and removal of pollutants and fuel storage.

Liquids and gaseous phases of the carbon product enhance its use in dissolved radon, removal of lead, other odor-causing compounds, and mercury.

COVID-19 Analysis:

The COVID-19 outbreak shows an adverse effect on the activated carbon market. Due to the lockdown, the supply chains are disrupted and halts the production of activated carbon. To control the spread of the virus and protect the workers, most companies restricted travel and face-to-face meetings for the employees. As per the United States, according to the report of The World Economic Situation and Prospects, the global economy is estimated to contract by 3% or more instead of registering 2.5% growth.

The manufacturing industries are facing various issues due to the transportation restrictions and lockdown of cities. Many industries were forced to either shut down temporarily or dramatically scale back production thanks to the lockdowns and quarantines. To manage the supply of raw materials,  the sourcing team is working closely with suppliers. The market key players are struggling a lot for regaining their profits by managing many issues like monitoring and managing the extent and duration of any requirements that impact their physical locations. The Intergovernmental Forum on Mining, Minerals, and Metals states that nearly 305 million workers lost their jobs due to the COVID-19 outbreak. In a short period, the activated carbon market is impacted and further, the operations get back to normal.

Competitive Landscape

The prominent key players in the activated carbon market outlook are the following:

  • Cabot Corporation

  • Osaka Gas Chemicals Co., Ltd.

  • Kuraray Co., Ltd

  • Haycarb ( Pvt) Ltd

  • Kureha Corporation

  • Donau Carbon GmbH

  • DESOTEC Activated Carbon

  • Oxbow Activated Carbon

  • SilcarbonAktivkohle GmbH

  • Karbonous Inc

  • Lenntech BV

Market Dynamics:


The increase in demand for activated carbon in the pharmaceuticals and healthcare industry are the major factors driving the market growth. Several environmental regulations like Clean Water Act and Best Available Technology is using the carbon product for mercury emissions control. Stringent government regulations regarding toxic gas emissions are propelling market growth. Growing automobile ownership rates, enhanced drinking water treatments, and rising manufacturing & environmental standards are boosting the growth of the activated carbon industry. According to the report of the World Health Organization (WHO), nearly 3.4 million people, mostly, children cause death due to water-related diseases.


The shortage of raw materials is restricting market growth. Activated carbon filters are not effective for eliminating few types of chemicals like nitrates, sodium, heavy metals, and fluoride which is hampering the market growth.


Stringent environmental regulations regarding mercury pollution are accelerating market growth. Rising demand for water treatment applications is driving the growth of the market.


The activated carbon filters stopped working when the bonding sites are filled with contaminants and this needs frequent replacement of carbon filters. Apart, these filters are not working effectively against a few pathogenic bacteria and viruses which results in bacterial growth. Moreover, powdered activated carbon is cannot reactivate after use and also very complex to dig out of water treatment reservoirs sometimes. These are the factors challenging the market growth.

Study Objectives -

  • To provide detailed information about the activated carbon market structure along with various forecast segments and subsegments for the next 10 years.

  • To provide the factors that are affecting the growth of the activated carbon market value.

  • To analyze the activated carbon market industry analysis based on porter’s five force analysis, factors-price analysis, supply chain analysis, etc.

  • To provide history and forecast revenue segments and sub-segments of the activated carbon market revenue for the main geographies.

  • To provide the country-level analysis of the current activated carbon market size and future prospective.

  • To provide country-level analysis of the carbon market industry growth by region, form, and application.

  • To provide a strategic profile of the prominent key players in the market, analyze their core competencies, and draw a global activated carbon market growth landscape.

  • To track and analyze new product developments, strategic alliances, and global activated carbon market research.

Activated Carbon Market Revenue, by Application, 2020 (USD Million)
Activated Carbon Market Revenue, by Application, 2020

Sources: MRFR Analysis

Segment Overview:

The global activated carbon market has been divided into segments based on type, application, and region.

Based on Type

The global activated carbon market based on type is classified into powdered activated carbon, granular activated carbon, extruded activated carbon, and others. Out of these types, powdered activated carbon is holding the highest market share due to the widespread use of powdered activated carbon in water, gas, and air purification in various industries like food & beverage, automotive, industrial chemicals, and pharmaceutical industries. Worldwide, the increasing demand for water purification and wastewater treatment is a driving factor for the growth of the global market.

Based on Application

By application, the global activated carbon is categorized into various applications like water purification, air purification, industrial chemicals, food & beverage, metal extraction, pharmaceuticals, automotive, catalyst, and others. In 2019, the water purification segment is holding the largest market share of more than 30% with a CAGR value of 8% in terms of value. The water purification system is in a leading position due to the growing utilization of the product in municipal, residential, and industrial water treatment. Further, it is followed by the air purification segment predicted with a 9% CAGR during the assessment period.

Based on Region

Region-wise, the global carbon market is analyzed into five main geographies like Europe, Asia-Pacific, North America, Latin America, and the Middle East & Africa. Among these regions, the Asia-Pacific region is accounting for the largest market share due to the robust growth of chemicals, food & beverage, and energy industries in emerging countries like India, China, and Indonesia.

Regional Analysis -

Global Activated Carbon Market Share, by Region, 2020 (%)
Activated Carbon Market Share, by Region, 2020
Sources: MRFR Analysis

Geographically, the activated carbon market is divided into five major regions such as North America, Latin America, Asia-Pacific, Europe, and the Middle East & Africa. Owing to the robust growth of food & beverages, chemicals, and energy industries in emerging countries like India, China, and Indonesia, Asia-Pacific is holding the maximum activated carbon market share. Due to the scarcity of water, the need for water purification and reuse in the industrial sector is rising which accelerates the demand for the carbon market in this region.

To control the gaseous emissions from automobiles, the use of activated carbon is rising and the growth of the automotive industry in this region is expected to escalate the market growth in this region during the review period. Worldwide, China is the number one producer and consumer of activated carbon.

Recent Developments

  • In September 2020, the two most popular enterprisers, Cabot Norit Americas, Inc along with ADA Carbon Solutions, LLC entered into an agreement for activated carbon supply with 15 years time period. By this agreement, ADA Carbon Solutions manufacture, and supply Cabots portfolio lignite-based activated carbon products to Cabot Norit.

  • In February 2020, one of the leading companies, Desotec started its new reactivation plant in Roeselare, Belgium for expanding its capacity to recycled spent activated carbon by 70%.

  • In July 2018, one of the top key players, Cabot introduced a product under a specialized activated carbon portfolio, NORIT CNR 120 extruded activated carbon which is used for volatile hydrocarbons applications.

  • In March 2019, researchers from the U.S.-based Purdue University came up with a method that nearly removes all traces of the excess oil from the produced water. The method requires exposing activated charcoal to sunlight to heat the water to purify it. Activated charcoal then absorbs the excess oil. The process would help the managing of wastewater in the U.S.

Report Overview:

This global activated carbon market research includes the Market Overview, COVID-19 analysis, Market Dynamics, Study Objectives, Segment Overview, Regional Analysis, Competitive Landscape, Recent developments, Segmentation Table, and FAQs. The market scenario includes the activated carbon market drivers, restraints, challenges, and opportunities. The carbon market forecast segments are type, application, and region. Analyze the report statistics to see the growth forecast of this market in the upcoming years.

Segmentation Table

The activated carbon market trends have been segmented globally based on the type, application, and region.

By Type

Powdered activated carbon, extruded activated carbon, granular activated carbon, and others are few types of market.

By Application

Water purification, air purification, industrial chemicals, food & beverage, metal extraction, pharmaceuticals, automotive, catalyst, and others.

By Region

Asia-Pacific, Europe, North America, and the rest of the world are the four main geographies included in the activated carbon market.

Report Scope:
Report Attribute/Metric Details
  Market Size   USD 9,425.6 Million
  CAGR   CAGR of 8.31% (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Basis of type, application, and region.
  Geographies Covered   Type, Application, End-Use Industry and Region.
  Key Vendors   Cabot Corporation, Osaka Gas Chemicals Co., Ltd, Kuraray Co., Ltd, Haycarb (Pvt) Ltd, Kureha Corporation, Donau Carbon GmbH, DESOTEC Activated Carbon, Oxbow Activated Carbon, SilcarbonAktivkohle GmbH, Karbonous Inc, and Lenntech BV
  Key Market Opportunities   Growing demand in the pharmaceuticals and healthcare industry are few factors positively affecting the growth of this market
  Key Market Drivers   The global activated carbon market is driven by the use of activated carbon in adsorbing high levels of mercury.

Frequently Asked Questions (FAQ) :

The global activated carbon market will be worth USD 7,032.5 million by 2023.

The global activated carbon market can expand at 8.14% CAGR from 2018 to 2023.

The global activated carbon market is driven by the use of activated carbon in adsorbing high levels of mercury.

By ‘type’, the powdered activated carbon segment can dominate the global activated carbon segment and touch a value of USD 3800 million by 2023.

DESOTEC Activated Carbon, Oxbow Activated Carbon, Silcarbon Aktivkohle GmbH, Prominent Systems, Inc., Kuraray Co., Ltd, Donau Carbon GmbH, Osaka Gas Chemicals Co., Ltd, Lenntech BV, Haycarb (Pvt) Ltd, Cabot Corporation, and Kureha Corporation are major players of the global activated carbon market.