CHEMICALS & MATERIALS
Global Activated Carbon Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Activated Carbon Market, By Type (Powdered Activated Carbon, Granular Activated Carbon, Other Types), Raw Material (Coal, Coconut, Wood, Peat, Other Raw Materials), Application (Liquid Phase Application and Gas Phase Application), End-use Industry (Water Treatment, Food & Beverages, Pharmaceutical & Medical, Automotive, Industrial, Other End-use Industries), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global activated carbon market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
Activated carbon, also known as activated charcoal, is a type of carbon that has been processed to produce small, low-volume pores that increase the surface area accessible for adsorption and chemical reactions. It is frequently used in air purifiers, water filtration systems, and other industrial processes that call for the removal of impurities and pollutants to cleanse liquids and gasses. The activated carbon market includes the manufacture, distribution, and use of activated carbon in a variety of industries, including water treatment, air purification, food and beverage processing, medicines, and chemicals. The procurement of raw materials such as wood, coal, and coconut shells; methods of processing and activation; and the creation of novel applications and technologies to improve adsorption capacities and efficiency are important market activities.
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Market Dynamics
DRIVERS
- Stringent environmental regulations
- Increasing industrialization and urbanization
RESTRAINTS
- High production costs of activated carbon.
- Availability of alternative technologies for filtration and purification.
OPPORTUNITIES
- Technological advancements in production processes.
- Expansion in emerging markets with increasing pollution control measures.
CHALLENGES
- Managing supply chain disruptions.
- Ensuring consistent quality and performance of activated carbon products.
SEGMENTATION
- Type
- Powdered Activated Carbon
- Granular Activated Carbon
- Other Types
- Raw Material
- Coal
- Coconut
- Wood
- Peat
- Other Raw Materials
- Application
- Liquid Phase Application
- Gas Phase Application
- End-use Industry
- Water Treatment
- Food & Beverages
- Pharmaceutical & Medical
- Automotive
- Industrial
- Other End-use Industries
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, segments, key players as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Diagas Group
- Kuraray Co., Ltd.
- Haycarb PLC
- Norit
- Kureha Corporation
- BASF SE
- Albemarle Inc.
- Ingevity
- Iluka Resources Limited
- Tronox Holdings Plc
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Activated Carbon Market, by Type
- 3.2 Global Activated Carbon Market, by Raw Material
- 3.3 Global Activated Carbon Market, by Application
- 3.4 Global Activated Carbon Market, by End-use Industry
- 3.5 Global Activated Carbon Market, by Geography
- 3.6 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Rising application in pharmaceutical and medical industries.
- 5.1.2 Adoption of sustainable and eco-friendly activated carbon production methods.
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Stringent environmental regulations
- 5.2.2 Increasing industrialization and urbanization
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 High production costs of activated carbon.
- 5.3.2 Availability of alternative technologies for filtration and purification.
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Technological advancements in production processes.
- 5.4.2 Expansion in emerging markets with increasing pollution control measures.
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Managing supply chain disruptions.
- 5.5.2 Ensuring consistent quality and performance of activated carbon products.
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL ACTIVATED CARBON MARKET, BY TYPE
- 6.1 Type Summary
- 6.2 Market Attractive Index
- 6.3 Global Activated Carbon Market, by Type (2019-2032)
- SECTION 7 - GLOBAL ACTIVATED CARBON MARKET, BY RAW MATERIAL
- 7.1 Raw Material Summary
- 7.2 Market Attractive Index
- 7.3 Global Activated Carbon Market, by Raw Material (2019-2032)
- SECTION 8 - GLOBAL ACTIVATED CARBON MARKET, BY APPLICATION
- 8.1 Application Summary
- 8.2 Market Attractive Index
- 8.3 Global Activated Carbon Market, by Application (2019-2032)
- SECTION 9 - GLOBAL ACTIVATED CARBON MARKET, BY END-USE INDUSTRY
- 9.1 End-use Industry Summary
- 9.2 Market Attractive Index
- 9.3 Global Activated Carbon Market, by End-use Industry (2019-2032)
- SECTION 10 - GLOBAL ACTIVATED CARBON MARKET, BY GEOGRAPHY
- 10.1 Regional Summary
- 10.2 Market Attractive Index
- 10.3 Global Activated Carbon Market, by Geography (2019-2032)
- SECTION 11 - NORTH AMERICA ACTIVATED CARBON MARKET
- 11.1 North America Summary
- 11.2 Market Attractive Index
- 11.3 North America Activated Carbon Market, by Type (2019-2032)
- 11.4 North America Activated Carbon Market, by Raw Material (2019-2032)
- 11.5 North America Activated Carbon Market, by Application (2019-2032)
- 11.6 North America Activated Carbon Market, by End-use Industry (2019-2032)
- 11.7 North America Activated Carbon Market, by Country (2019-2032)
- 11.7.1 U.S.
- 11.7.2 Canada
- 11.7.3 Mexico
- 11.7.4 Rest of North America
- SECTION 12 - EUROPE ACTIVATED CARBON MARKET
- 12.1 Europe Summary
- 12.2 Market Attractive Index
- 12.3 Europe Activated Carbon Market, by Type (2019-2032)
- 12.4 Europe Activated Carbon Market, by Raw Material (2019-2032)
- 12.5 Europe Activated Carbon Market, by Application (2019-2032)
- 12.6 Europe Activated Carbon Market, by End-use Industry (2019-2032)
- 12.7 Europe Activated Carbon Market, by Country (2019-2032)
- 12.7.1 Germany
- 12.7.2 U.K.
- 12.7.3 France
- 12.7.4 Italy
- 12.7.5 Spain
- 12.7.6 Russia
- 12.7.7 The Netherlands
- 12.7.8 Belgium
- 12.7.9 Turkey
- 12.7.10 Rest of Europe
- SECTION 13 - ASIA-PACIFIC ACTIVATED CARBON MARKET
- 13.1 Asia-Pacific Summary
- 13.2 Market Attractive Index
- 13.3 Asia-Pacific Activated Carbon Market, by Type (2019-2032)
- 13.4 Asia-Pacific Activated Carbon Market, by Raw Material (2019-2032)
- 13.5 Asia-Pacific Activated Carbon Market, by Application (2019-2032)
- 13.6 Asia-Pacific Activated Carbon Market, by End-use Industry (2019-2032)
- 13.7 Asia-Pacific Activated Carbon Market, by Country (2019-2032)
- 13.7.1 China
- 13.7.2 India
- 13.7.3 Japan
- 13.7.4 South Korea
- 13.7.5 Singapore
- 13.7.6 Malaysia
- 13.7.7 Australia
- 13.7.8 Thailand
- 13.7.9 Philippines
- 13.7.10 Rest of Asia-Pacific
- SECTION 14 - SOUTH AMERICA ACTIVATED CARBON MARKET
- 14.1 South America Summary
- 14.2 Market Attractive Index
- 14.3 South America Activated Carbon Market, by Type (2019-2032)
- 14.4 South America Activated Carbon Market, by Raw Material (2019-2032)
- 14.5 South America Activated Carbon Market, by Application (2019-2032)
- 14.6 South America Activated Carbon Market, by End-use Industry (2019-2032)
- 14.7 South America Activated Carbon Market, by Country (2019-2032)
- 14.7.1 Brazil
- 14.7.2 Argentina
- 14.7.3 Chile
- 14.7.4 Colombia
- 14.7.5 Rest of South America
- SECTION 15 - MIDDLE EAST AND AFRICA ACTIVATED CARBON MARKET
- 15.1 Middle East and Africa Summary
- 15.2 Market Attractive Index
- 15.3 Middle East and Africa Activated Carbon Market, by Type (2019-2032)
- 15.4 Middle East and Africa Activated Carbon Market, by Raw Material (2019-2032)
- 15.5 Middle East and Africa Activated Carbon Market, by Application (2019-2032)
- 15.6 Middle East and Africa Activated Carbon Market, by End-use Industry (2019-2032)
- 15.7 Middle East and Africa Activated Carbon Market, by Country (2019-2032)
- 15.7.1 Kingdom of Saudi Arabia
- 15.7.2 South Africa
- 15.7.3 U.A.E.
- 15.7.4 Egypt
- 15.7.5 Rest of Middle East and Africa
- SECTION 16 - COMPANY SHARE ANALYSIS
- 16.1 Global Activated Carbon Market, Company Share Analysis
- 16.2 North America Activated Carbon Market, Company Share Analysis
- 16.3 Europe Activated Carbon Market, Company Share Analysis
- 16.4 Asia-Pacific Activated Carbon Market, Company Share Analysis
- SECTION 17 - COMPANY PROFILES
- 17.1 Diagas Group
- 17.1.1 Company Snapshot
- 17.1.2 Financial Overview
- 17.1.3 Product Portfolio
- 17.1.4 Recent Developments
- 17.2 Kuraray Co., Ltd.
- 17.2.1 Company Snapshot
- 17.2.2 Financial Overview
- 17.2.3 Product Portfolio
- 17.2.4 Recent Developments
- 17.3 Haycarb PLC
- 17.3.1 Company Snapshot
- 17.3.2 Financial Overview
- 17.3.3 Product Portfolio
- 17.3.4 Recent Developments
- 17.4 Norit
- 17.4.1 Company Snapshot
- 17.4.2 Financial Overview
- 17.4.3 Product Portfolio
- 17.4.4 Recent Developments
- 17.5 Kureha Corporation
- 17.5.1 Company Snapshot
- 17.5.2 Financial Overview
- 17.5.3 Product Portfolio
- 17.5.4 Recent Developments
- 17.6 BASF SE
- 17.6.1 Company Snapshot
- 17.6.2 Financial Overview
- 17.6.3 Product Portfolio
- 17.6.4 Recent Developments
- 17.7 Albemarle Inc.
- 17.7.1 Company Snapshot
- 17.7.2 Financial Overview
- 17.7.3 Product Portfolio
- 17.7.4 Recent Developments
- 17.8 Ingevity
- 17.8.1 Company Snapshot
- 17.8.2 Financial Overview
- 17.8.3 Product Portfolio
- 17.8.4 Recent Developments
- 17.9 Iluka Resources Limited
- 17.9.1 Company Snapshot
- 17.9.2 Financial Overview
- 17.9.3 Product Portfolio
- 17.9.4 Recent Developments
- 17.10 Tronox Holdings Plc
- 17.10.1 Company Snapshot
- 17.10.2 Financial Overview
- 17.10.3 Product Portfolio
- 17.10.4 Recent Developments
- SECTION 18 - RELATED REPORTS
- SECTION 19 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.