The activated carbon market has seen considerable growth due to a variety of factors.
• In recent years, the activated carbon market has seen a swift expansion. Predicted growth indicates an increase from $7.13 billion in 2024 to $8.17 billion in 2025, achieving a compound annual growth rate (CAGR) of 14.6%.
This growth during the historic period can be due to robust economic development in emerging markets, a lack of safe drinking water, and a surge in health awareness.
The activated carbon market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of activated carbon is projected to experience a rapid surge over the incoming years, with estimates hitting $14.23 billion in 2029 at a compound annual growth rate (CAGR) of 14.9%.
Several factors contribute to this upswing in the forecast period, such as escalating demands for clean water, urbanization surge, a rise in water usage, demographics growth on a global scale and advantageous governmental strategies for water management. During the forecast period, key trends are expected to emerge including emphasis on developing high-flow carbon filter systems to boost product range, escalating investments to augment production capacities, focusing on product diversification to draw in a larger client base and concentration on mergers and acquisitions to augment product range and amplify market presence geographically.
The expansion of the activated carbon market is likely to be propelled by the escalating necessity for clean water. The accelerated pace of urbanization and industry growth is amplifying the need for both clean water and activated carbon, which plays a crucial role in the purification of water. The United Nations World Water Development Report suggests that by 2050, approximately 6 billion individuals could grapple with the scarcity of clean water. Thus, the rising demand for clean water coupled with its dwindling supply is anticipated to render a surge in the need for activated carbon in the process of water purification in the upcoming period.
The activated carbon market covered in this report is segmented –
1) By Type: Powdered Activated Carbon, Granular Activated Carbon, Extruded Or Pelletized Activated Carbon, Other Types
2) By Application: Liquid Phase Applications, Gas Phase Applications, Metal Extraction, Medicine, Other Applications
3) By End Use: Water Treatment, Food And Beverage Processing, Pharmaceutical And Medical, Automotive, Air Purification, Other End Users
Subsegments:
1) By Powdered Activated Carbon (PAC): Standard PAC, Specialty PAC (for specific applications)
2) By Granular Activated Carbon (GAC): Standard GAC, Specialty GAC (tailored for specific uses)
3) By Extruded Or Pelletized Activated Carbon: Extruded Activated Carbon, Pelletized Activated Carbon
4) By Other Types: Impregnated Activated Carbon, Coconut Shell Activated Carbon, Wood-Based Activated Carbon, Coal-Based Activated Carbon
Top-tier companies in the activated carbon market are directing their efforts towards technological innovations, such as employing activated carbon made from coconut shells, to improve their products' adsorption efficiency and sustainable qualities. Coconut shell-based activated carbon is a particular category of activated carbon obtained from coconut shells. For example, in May 2024, Indcarb Activated Carbon Private Limited, a firm in India that produces activated carbon from coconut shells, introduced inline water filters. These filters are filtration systems directly mounted into water supply pipelines, enabling ongoing purification as water circulates through them. These inline water filters employ coconut shell-based activated carbon and various filtration media to remove efficiently all impurities, contaminants, chlorine, and odors, promoting clean and safe potable water. Indcarb is intending to market these filters as high-efficiency options for health-oriented consumers, thereby taking advantage of the rising demand for trustworthy water purification systems.
Major companies operating in the activated carbon market include:
• Ingevity
• Haycarb PLC
• Kuraray Co. Ltd
• Daigas Group
• Cabot Corporation
• Calgon Carbon Corporation
• Veolia
• Kureha Corporation
• Tronox Inc
• Carbon Activated Corporation
• Kalpaka Chemicals Pvt. Ltd
• Jacobi Carbons India Pvt. Ltd
• Boyce Carbon
• Adsorbent Carbons Pvt. Ltd
• Kalimati Carbon Pvt. Ltd
• Chifeng Zhonglin Zhongtian Chemical Industry
• Datong Coal Jinding Activated Carbon
• Datong Locomotive Coal
• Datong Municipal Yunguang Activated Carbon
• Fujian Xinsen Carbon
• Fujian Yuanli Active Carbon
• Fujian Zhixing Activated Carbon
• Donau Carbon GmbH & Co. KG
• CarboTech AC GmbH
• Evoqua Water Technologies GmbH
• Carbo France
• Eurocarb
• LKAB Minerals
• Sorbacal
• Chemviron Carbon
• Carbonactiv
• Mako Industries
• DILO Armaturen und Anlagen GmbH
• Metrohm AG
• Addfield Environmental Systems Limited
• Technokomplex
• California Carbon Co. Inc.
• Kleen Industrial Services
• Pure Effect Inc.
• Carbon Supply Inc.
• Yardney Water Management Systems Inc.
• General Carbon Corporation
• Birla Carbon
• Esco's Nanocarb
• ELGA Lab Water
• Benchmark Technologies
• ABP Chemical and Ventilation Engineering Ltd
• Trietel
• Jacobi's carbons
• Toxsorb's MAC
• CG Carbon
• Tradeasia
• CELAR Water Equipment Company
• Rotocarb
• Panthera
• SNF
• Nautilus Chemicals
• Hive Carbon.
Asia-Pacific was the largest region in the activated carbon market in 2024. North America was the second largest market in the activated carbon market. The regions covered in the activated carbon market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.