Activated Carbon Market By Product Type (Powdered Activated Carbon, Granular Activated Carbon, Other Activated Carbon), By Application (Liquid phase, Gaseous phase), By End User (Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification, Others) Industry Trends and Forecast till 2027
Report ID : QR1001246 | Industries : Chemicals & Materials | Published On :October 2021 | Page Count : 253Activated Carbon Market
Activated carbon is a form of carbon processed to have minor, low-volume pores that increase the surface area available for adsorption or chemical reactions. Generally, from charcoal activated carbon is extracted. Activated carbon, also recognized as activated charcoal is categorized by the presence of a large number of tiny pores on its surface. Higher the number of pores, greater will be the surface area, which increases the adsorption capacity of the element.
Market Drivers
The growing need for mercury control technology for industrial air purification applications is the key driving factor to increase the demand for activated carbon. Also, activated carbon removes the impurities from water primarily through surface adsorption and most of the water treatment filters are made up of granular activated carbon. Hence increasing manufacturing & environmental standards are supporting growth of activated carbon industry.
Market Restraints
Natural calamities are significantly affecting the value chain of the activated carbon market, especially raw materials. Hence, the price of raw materials, mainly coconut shell charcoal, has increased and it is restraining the growth of market. Capital cost, access to advanced technology, and limited raw material availability, especially coconut shells are hindering the entry of new players. Also, Weak economic conditions across the globe, have directly impacted industrial growth to some extent.
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Market Segmentation
Activated Carbon Market is segmented By Product Type (Powdered Activated Carbon, Granular Activated Carbon, Other Activated Carbon), By Application (Liquid phase, Gaseous phase), By End User (Water Treatment, Food & Beverage Processing, Pharmaceutical & Medical, Automotive, Air Purification, Others), By Region (APAC, North America, Europe, South America, Middle East & Africa).
Regional Analysis
The Asia-Pacific region is the largest market for activated carbon. Factors like ready availability of raw materials and manpower, along with sophisticated technologies and innovations, have driven economic growth in the APAC region. Coconut shells are one of the confirmed and most broadly used raw materials for manufacturing activated charcoal. Few APAC countries including the Philippines, Indonesia, Malaysia, India, and Sri Lanka have perfect tropical weather suitable for steady coconut cultivation, thus, making Asia Pacific one of the major sources of raw material globally. North America is the 2nd largest market after Asia Pacific. Developed regions such as North America and Europe are anticipated to observe moderate growth owing to the saturation of end use industries and a weak economic scenario, particularly in Europe.
Market Key Players
The key companies of the activated carbon market are Cabot Corporation, Jacobi Carbons Group, Ingevity, Kuraray Co Ltd, Haycarb (Pvt) Ltd, Calgon Carbon Corp., Osaka Gas Chemical Co. Ltd., Evoqua Water Technologies LLC., Kureha Corporation., Siemens Water Technologies Corp., Comelt S.p.A.
Industry development
- In February 2021, Ingevity Corporation expanded its activated carbon production capacity following significant debottlenecking and equipment upgrades completed and verified in late December at its facility in Zhuhai, China. The Zhuhai plant has been in operation since 2015 and includes activated carbon production and state-of-the-art automotive applications.
- In June 2020, Calgon Carbon Corporation announced that it intends to expand capacity at its Pearlington, Mississippi plant by adding a second virgin activated carbon production line. The estimated investment in the additional production line will be USD 185 million. When completed, Calgon Carbon’s virgin granular activated carbon capacity will exceed 200 million pounds per year.
Activated Carbon Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Activated Carbon Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Activated Carbon Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Activated Carbon Market Share Analysis, By Product Type
5.3 Activated Carbon Market Size and Forecast, By Product Type
5.3.1 Powdered Activated Carbon
5.3.2 Granular Activated Carbon
5.3.3 Other Activated Carbon
6 Activated Carbon Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Activated Carbon Market Share Analysis, By Application
6.3 Activated Carbon Market Size and Forecast, By Application
6.3.1 Liquid phase
6.3.2 Gaseous phase
7 Activated Carbon Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 Activated Carbon Market Share Analysis, By End User
7.3 Activated Carbon Market Size and Forecast, By End User
7.3.1 Water Treatment, Food & Beverage Processing
7.3.2 Pharmaceutical & Medical
7.3.3 Automotive
7.3.4 Air Purification
7.3.5 Others
8 Activated Carbon Market, By Region
8.1 Activated Carbon Market Share Analysis, By Region
8.2 Activated Carbon Market Share Analysis, By Region
8.3 Activated Carbon Market Size and Forecast, By Region
9 North America Activated Carbon Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 North America Activated Carbon Market Share Analysis, By Product Type
9.3 North America Activated Carbon Market Size and Forecast, By Application
9.4 North America Activated Carbon Market Size and Forecast, By End User
9.5 North America Activated Carbon Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Activated Carbon Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Europe Activated Carbon Market Share Analysis, By Product Type
10.3 Europe Activated Carbon Market Size and Forecast, By Application
10.4 Europe Activated Carbon Market Size and Forecast, By End User
10.5 Europe Activated Carbon Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Activated Carbon Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Asia Pacific Activated Carbon Market Share Analysis, By Product Type
11.3 Asia Pacific Activated Carbon Market Size and Forecast, By Application
11.4 Asia Pacific Activated Carbon Market Size and Forecast, By End User
11.5 Asia Pacific Activated Carbon Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Activated Carbon Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Latin America Activated Carbon Market Share Analysis, By Product Type
12.3 Latin America Activated Carbon Market Size and Forecast, By Application
12.4 Latin America Activated Carbon Market Size and Forecast, By End User
12.5 Latin America Activated Carbon Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Activated Carbon Market Analysis and Forecast (2021-2027)
13.1 Introduction
13.2 Middle East Activated Carbon Market Share Analysis, By Product Type
13.3 Middle East Activated Carbon Market Size and Forecast, By Application
13.4 Middle East Activated Carbon Market Size and Forecast, By End User
13.5 Middle East Activated Carbon Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Cabot Corporation
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Jacobi Carbons Group
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Ingevity
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Kuraray Co Ltd
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Haycarb (Pvt) Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Calgon Carbon Corp.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Osaka Gas Chemical Co. Ltd
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Evoqua Water Technologies LLC.
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Kureha Corporation
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Siemens Water Technologies Corp
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11 Comelt S.P.A.
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies