Report Description

Forecast Period

2018-2028

Market Size (2022)

USD 7.68 billion

CAGR (2023-2028)

7.51%

Fastest Growing Segment

Powdered

Largest Market

North America

Market Overview

Global Activated Carbon Market has valued at USD 7.68 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 7.51% through 2028. Activated carbon is a processed form of carbon that possesses small, low-volume pores, resulting in an increased surface area for chemical reactions and adsorption. It is produced by processing organic materials with high carbon content. The main property of activated carbon is its physical adsorption capability, which proves valuable in various applications such as purification, decaffeination, metal finishing, medicine, filtration, pollutant removal, and fuel storage. Both liquid and gaseous phases of activated carbon contribute to its effectiveness in removing lead, dissolved radon, mercury, and other compounds responsible for unpleasant odors. The rising health risks associated with consuming impure water have become a growing concern among consumers. The demand for activated carbon is driven by improvements in drinking water treatment, increasing rates of automobile ownership, and the implementation of higher manufacturing and environmental standards. Countries like China and India are investing in water purification plants, thereby amplifying the demand for activated carbon. Government initiatives regarding subsidies and industrialization further fuel the growth of the activated carbon market. Additionally, the market experiences growth due to the demand for mercury control technology in industrial air purification applications. To expand the market for activated carbon, geographic expansion and the development of new products present promising opportunities.

Key Market Drivers

Rise in Utilization of Activated Carbon in Water Treatment

A significant driving force behind this market expansion is the increasing utilization of activated carbon in water treatment applications. Access to clean and safe drinking water is an essential requirement for human health and well-being. With the growing population, industrial activities, and pollution levels, ensuring the availability of clean water has become a global challenge. Consequently, there is a rising demand for efficient water treatment solutions capable of removing contaminants and impurities from water sources. Activated carbon, renowned for its exceptional adsorption capabilities, has emerged as a highly effective tool in water treatment processes. Its wide usage in water treatment can be attributed to its ability to adsorb organic compounds, chemicals, and pollutants present in water. It effectively eliminates impurities like chlorine, pesticides, heavy metals, and volatile organic compounds (VOCs), thereby enhancing the quality and safety of drinking water. The utilization of activated carbon in water treatment not only improves the taste and odor of water but also eliminates potential health risks associated with various contaminants. The increased awareness regarding waterborne diseases and the adverse effects of contaminated water on public health has led to a heightened emphasis on water quality. Activated carbon, capable of removing a wide range of organic and inorganic impurities, has gained prominence in water treatment processes. Governments and regulatory bodies worldwide have implemented stringent regulations on water quality standards, mandating the removal of specific pollutants and contaminants from wastewater before it is discharged into the environment or reused. The superior adsorption properties of activated carbon make it an ideal choice for meeting these regulatory requirements. Advancements in water treatment technology have resulted in the development of more efficient and cost-effective activated carbon filtration systems. Innovations such as granular activated carbon (GAC) filters, powdered activated carbon (PAC), and activated carbon block filters have expanded the application areas of activated carbon in water treatment.

Growing Demand of Activated Carbon in Pharmaceutical Industry

Activated carbon, a highly porous material with a substantial surface area, is extensively utilized in the pharmaceutical industry. Its exceptional adsorption properties make it an indispensable component in various pharmaceutical processes, encompassing purification, decolorization, deodorization, and impurity removal. Activated carbon is widely employed in drug manufacturing, raw material purification, solvent recovery, and water treatment within pharmaceutical facilities. In the pharmaceutical industry, ensuring the purity and quality of drugs holds paramount importance. Activated carbon plays a pivotal role in purifying raw materials, including active pharmaceutical ingredients (APIs), excipients, and solvents. It effectively eliminates impurities such as colorants, odors, heavy metals, and residual chemicals, thereby augmenting the purity and safety of pharmaceutical products. As regulations become more stringent, the demand for activated carbon in drug purification processes is anticipated to escalate. Activated carbon is utilized in pharmaceutical manufacturing to eradicate toxic substances and contaminants from APIs and intermediates. It acts as a potent adsorbent, eliminating trace impurities that may prove detrimental or compromise the efficacy of drugs. The growing emphasis on product safety and regulatory compliance propels the demand for activated carbon in the pharmaceutical industry. The industry is progressively embracing sustainable practices to mitigate its environmental impact. Activated carbon, being a natural and renewable resource, aligns well with these sustainability goals. Its employment in solvent recovery processes aids in waste reduction and minimizes the environmental footprint of pharmaceutical manufacturing. The focus on sustainable practices within the industry further amplifies the demand for activated carbon.

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Key Market Challenges

Volatility in Prices of Raw Materials

The production of activated carbon involves the utilization of specific raw materials such as wood, coconut shells, coal, and other organic substances. These raw materials undergo a process called activation, which creates a highly porous structure with an increased surface area. The quality, availability, and cost of these raw materials significantly influence the production costs and market dynamics of activated carbon. Price volatility in raw materials can result in imbalances between supply and demand, leading to fluctuations in the availability of activated carbon. Shifts in supply can disrupt manufacturing processes and create uncertainties in meeting customer demands. Moreover, sudden price increases or shortages of raw materials may prompt manufacturers to seek alternative sources or substitute materials, affecting product quality and consistency. Fluctuating raw material prices directly impact the cost structure of activated carbon manufacturing. When raw material prices rise, manufacturers face higher production costs, which can lead to reduced profit margins if they are unable to pass on these costs to customers. On the other hand, when raw material prices decline, manufacturers may struggle to maintain profitability, especially if they have already made significant investments at higher prices. Price volatility in raw materials influences the pricing strategies adopted by activated carbon manufacturers. When raw material prices surge, manufacturers may be compelled to increase product prices to maintain profitability. However, this could potentially affect their competitiveness in the market, as customers may seek lower-cost alternatives or explore different adsorbent options. Balancing cost pressures with maintaining a competitive edge can be challenging for manufacturers. Price volatility makes long-term planning and forecasting difficult for activated carbon manufacturers. Fluctuating raw material costs make it challenging to accurately predict future production costs and revenue streams. This uncertainty can hinder investment decisions, capacity expansions, and business growth strategies, as manufacturers must carefully assess the risks associated with raw material price fluctuations.

Stringent Environmental Regulations

In response to growing concerns about pollution and climate change, governments worldwide have been enacting stringent environmental regulations. These regulations set standards for emissions, waste management, and the use of potentially harmful substances. The activated carbon industry, like many others, must comply with these regulations to ensure sustainable and environmentally responsible operations. Stringent environmental regulations require industries to invest in technologies and processes that minimize their environmental impact. For activated carbon manufacturers, this means adopting cleaner production methods, implementing advanced emission control systems, and ensuring proper waste disposal. These measures often come with high upfront costs and ongoing expenses, which can strain the financial resources of smaller manufacturers and potentially limit market entry. Environmental regulations are subject to continuous updates and revisions. As governments become more aware of emerging pollutants and new risks, they adjust the regulatory framework accordingly. This constant evolution poses challenges for activated carbon manufacturers, who must stay updated and compliant with changing requirements. Failure to meet these evolving standards can result in fines, penalties, or even the suspension of operations. Stricter environmental regulations may require activated carbon manufacturers to meet specific performance criteria, such as higher removal efficiencies for pollutants or reduced emissions. Meeting these requirements may necessitate changes in production processes or the development of new formulations. Manufacturers must invest in research and development to ensure their products remain effective while complying with environmental regulations, which can add complexity and costs to the production process. Complying with stringent environmental regulations can impact the competitiveness of activated carbon manufacturers on a global scale. Companies that fail to meet regulatory standards may face restrictions or bans on their products, limiting their market access. Additionally, manufacturers located in regions with less stringent regulations may enjoy cost advantages due to lower compliance costs. This disparity can create an uneven playing field for companies operating in different jurisdictions.

Key Market Trends

Growth in Technological Advancements

The global activated carbon market has witnessed significant growth in recent years, driven by its diverse applications in water treatment, air purification, and industrial processes. One of the key trends shaping this market is the rapid growth in technological advancements. Innovations in production processes, product design, and application techniques have revolutionized the activated carbon industry, enabling enhanced performance and efficiency. This article explores the impact of technological advancements on the global activated carbon market. Technological advancements have led to the development of more efficient and sustainable manufacturing processes for activated carbon. Traditional methods, such as physical activation and chemical activation, have been enhanced through automation and optimization. New techniques, such as microwave activation and carbonization, offer faster production rates, higher yields, and improved product quality, thereby driving market growth. Innovations in product design have resulted in the development of activated carbon with tailored properties and improved performance characteristics. Researchers are exploring new materials and formulations to optimize surface area, pore size distribution, and adsorption capacity. These advancements enable activated carbon to effectively remove volatile organic compounds (VOCs), heavy metals, and other contaminants from air and water sources, expanding its range of applications. The integration of nanotechnology into the production of activated carbon has opened up new possibilities for improved performance. Nanoparticles, such as graphene and carbon nanotubes, can enhance the adsorption capacity and selectivity of activated carbon. Additionally, composite materials combining activated carbon with polymers or other substances offer enhanced mechanical strength, stability, and regeneration capabilities. Technological advancements have allowed for the customization of activated carbon products to suit specific applications. For instance, activated carbon impregnated with metal oxides or catalysts can be used for gas purification or catalytic reactions. Furthermore, advancements in manufacturing techniques have facilitated the production of activated carbon in various forms, including pellets, granules, fibers, and powdered forms, to cater to different process requirements. The implementation of digital technologies and automation systems has streamlined production processes and improved overall efficiency. Real-time monitoring and control systems optimize resource utilization, reduce energy consumption, and enhance product quality. Automation also enables manufacturers to meet stringent environmental regulations by ensuring precise dosing and minimizing waste generation during production.

Segmental Insights

Type Insights

In 2022, the Activated Carbon market was dominated by powdered segment and is predicted to continue expanding over the coming years. Powdered Activated Carbon (PAC) exhibits a remarkable adsorption capacity, making it suitable for diverse treatment objectives and effective removal of various particulates. In response to the escalating demand for PAC in the coal-fired utility industry for mercury removal, Cabot Corporation has augmented their activated carbon production capacity in Canada by an impressive 35 million lbs/year. This strategic move ensures that they can satisfactorily meet the high demand for this product.

End User Insights

In 2022, the Activated Carbon market was dominated by water treatment segment and is predicted to continue expanding over the coming years. Water treatment technology is increasingly being utilized worldwide. Numerous companies are globally innovating and developing new technologies for water treatment recycling. The implementation of standards that require companies to adopt efficient water disposal techniques and use environmentally friendly compounds is expected to further support the market.

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Regional Insights

The North America region has established itself as the leader in the Global Activated Carbon Market. The North America has been at the forefront of implementing strict environmental regulations, pushing industries to adopt sustainable practices. Activated carbon plays a vital role in compliance with these regulations by effectively removing pollutants, contaminants, and undesirable substances from air and water sources.

Recent Developments

  • In February 2023, Evoqua Water Technologies made an announcement regarding the acquisition of the industrial water treatment service business formerly owned by Bob Johnson & Associates in Texas, from Kemco Systems. This agreement includes the business accounts for Waxahachie and Houston regions, along with the carbon tank and deionization (DI) assets. This expansion is anticipated to strengthen Evoqua's service and aftermarket business in Texas.
  • In March 2022, One Equity Partners, a private equity firm, disclosed the acquisition of Norit Activated Carbon, a manufacturer of activated carbon for purification solutions, from its parent company Cabot Corporation. Norit is widely recognized for its diverse portfolio of activated carbon products used for purification purposes in major sectors such as food and beverage, renewable natural gas, pharmaceuticals, chemicals, automotive, and water.
  • In February 2023, Evoqua Water Technologies entered into a definitive agreement for the divestment of its carbon reactivation and slurry operations to DESOTEC. This includes the workforce, reactivation facilities, and associated equipment of the product line in Pennsylvania and Arizona, as well as the reactivation and carbon vessel manufacturing plant in California. DESOTEC is a renowned name in Europe for industrial mobile filtration solutions based on activated carbon technology.
  • In June 2021, CPL Activated Carbons introduced its largest high-flow mobile carbon filter, branded as HF20V VOCSorber. Standing at a towering height of 8 meters, this groundbreaking product has the capability to purify gas flows exceeding 40,000 m3/h. Consequently, it proves to be an ideal solution for general air treatment across various sectors and industries, catering to odor control, VOC abatement, and ammonia removal requirements. VOCSober family represents a sub-category within the esteemed Clean-Flo mobile carbon filters range, boasting pre-filled activated carbon.
  • In October 2022, Kuraray announced the commencement of full-scale operations at its expanded Feluy facility in Belgium, which serves as the European base of its subsidiary, Calgon Carbon Corporation, Chemviron S.A. Prior to this, the company successfully conducted test operations of the reactivated carbon production facilities at the plant, enabling Calgon Carbon to provide a stable supply of activated carbon globally.
  • In March 2022, Cabot Corporation divested its activated carbon unit, Norit Activated Carbon, to One Equity Partners. Subsequent to the divestiture, Norit Activated Carbon established itself as an independent company, delivering a comprehensive range of activated carbon solutions through its 10 production facilities across seven countries, serving its valued customers.

Key Market Players

·         Calgon Carbon Corporation

·         Cabot Corporation (CBT)

·         Kuraray Co., Ltd.

·         CarboTech AC GmbH

·         ADA Carbon Solutions, LLC

·         Indo German Carbons Limited

·         Oxbow Activated Carbon LLC

·         Donau Chemie AG

·         CECA SA

·         Hayleys PLC

By Type

By Raw Material

By End User

By Region

  • Powdered
  • Granular
  • Others
  • Wood
  • Coconut Shells
  • Coal
  • Others
  • Water Treatment
  • Food & Beverage
  • Pharmaceutical
  • Automotive
  • Air Purification
  • Others
  • North America
  • Asia Pacific
  • Europe
  • Middle East & Africa
  • South America

Report Scope:

In this report, the Global Activated Carbon Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Activated Carbon Market, By Type:

o   Powdered

o   Granular

o   Others

  • Global Activated Carbon Market, By Raw Material:

o   Wood

o   Coconut Shells

o   Coal

o   Others

  • Global Activated Carbon Market, By End User:

o   Water Treatment

o   Food & Beverage

o   Pharmaceutical

o   Automotive

o   Air Purification

o   Others

  • Global Activated Carbon Market, By Region:

o   North America

o   Asia Pacific

o   Europe

o   Middle East & Africa

o   South America

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Activated Carbon Market.

Available Customizations:

Global Activated Carbon Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Activated Carbon Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Applications

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Impact of COVID-19 on Global Activated Carbon Market

5.    Global Activated Carbon Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Powdered, Granular, Others)

5.2.2.    By Raw Material (Wood, Coconut Shells, Coal, and Others)

5.2.3.    By End User (Water Treatment, Food & Beverage, Pharmaceutical, Automotive, Air Purification, Others)

5.2.4.    By Region

5.2.5.    By Company (2023)

5.3.  Market Map

6.    North America Activated Carbon Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Raw Material

6.2.3.    By End User

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Activated Carbon Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Raw Material

6.3.1.2.3.           By End User

6.3.2.    Mexico Activated Carbon Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Raw Material

6.3.2.2.3.           By End User

6.3.3.    Canada Activated Carbon Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Raw Material

6.3.3.2.3.           By End User

7.    Europe Activated Carbon Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Raw Material

7.2.3.    By End User

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    France Activated Carbon Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Raw Material

7.3.1.2.3.           By End User

7.3.2.    Germany Activated Carbon Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Raw Material

7.3.2.2.3.           By End User

7.3.3.    Spain Activated Carbon Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Raw Material

7.3.3.2.3.           By End User

7.3.4.    Italy Activated Carbon Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Raw Material

7.3.4.2.3.           By End User

7.3.5.    United Kingdom Activated Carbon Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Raw Material

7.3.5.2.3.           By End User

8.    Asia Pacific Activated Carbon Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Raw Material

8.2.3.    By End User

8.2.4.    By Country

8.3.  Asia Pacific: Country Analysis

8.3.1.    China Activated Carbon Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Raw Material

8.3.1.2.3.           By End User

8.3.2.    India Activated Carbon Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Raw Material

8.3.2.2.3.           By End User

8.3.3.    Australia Activated Carbon Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Raw Material

8.3.3.2.3.           By End User

8.3.4.    Japan Activated Carbon Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type

8.3.4.2.2.           By Raw Material

8.3.4.2.3.           By End User

8.3.5.    South Korea Activated Carbon Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type

8.3.5.2.2.           By Raw Material

8.3.5.2.3.           By End User

9.    South America Activated Carbon Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Raw Material

9.2.3.    By End User

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Activated Carbon Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Raw Material

9.3.1.2.3.           By End User

9.3.2.    Argentina Activated Carbon Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Raw Material

9.3.2.2.3.           By End User

9.3.3.    Colombia Activated Carbon Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Raw Material

9.3.3.2.3.           By End User

10. Middle East and Africa Activated Carbon Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Raw Material

10.2.3. By End User

10.2.4. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Activated Carbon Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Raw Material

10.3.1.2.3.         By End User

10.3.2. Saudi Arabia Activated Carbon Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Raw Material

10.3.2.2.3.         By End User

10.3.3. UAE Activated Carbon Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Raw Material

10.3.3.2.3.         By End User

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Global Activated Carbon Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Product

15. PESTLE Analysis

16. Competitive Landscape

16.1.                Calgon Carbon Corporation

16.1.1. Business Overview

16.1.2. Company Snapshot

16.1.3. Products & Services

16.1.4. Financials (As Reported)

16.1.5. Recent Developments

16.2.               Cabot Corporation (CBT)

16.3.               Kuraray Co., Ltd.

16.4.               CarboTech AC GmbH

16.5.               ADA Carbon Solutions, LLC

16.6.               Indo German Carbons Limited

16.7.               Oxbow Activated Carbon LLC

16.8.               Donau Chemie AG

16.9.               CECA SA

16.10.            Hayleys PLC

17.  Strategic Recommendations

18.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Activated Carbon Market was estimated to be USD 7.68 billion in 2022.

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Calgon Carbon Corporation, Cabot Corporation (CBT), Kuraray Co., Ltd., CarboTech AC GmbH, ADA Carbon Solutions, LLC, Indo German Carbons Limited, Oxbow Activated Carbon LLC, Donau Chemie AG, CECA SA, Hayleys PLC are some of the key players operating in the Global Activated Carbon Market.

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Fluctuations in prices of raw materials and stringent environmental regulations are the major challenges faced by the Global Activated Carbon Market in the upcoming years.

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Growing utilization of activated carbon in water treatment and pharmaceutical industry are the major drivers for the Global Activated Carbon Market.