Global Activated Carbon Market Size & Outlook, 2023-2030
Global activated carbon market, 2018-2030 (US$M)
Related Markets
Global activated carbon market highlights
- The global activated carbon market generated a revenue of USD 3,617.3 million in 2023 and is expected to reach USD 4,678.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.7% by 2030.
- In terms of segment, powdered activated carbon accounted for a revenue of USD 2,226.9 million in 2023.
- Other activated cabon products is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,617.3 million |
| Market revenue in 2030 | USD 4,678.3 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Powdered activated carbon |
| Fastest growing segment | Other activated cabon products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Powdered activated carbon, Granular activated carbon, Other activated cabon products |
Other key industry trends
- In terms of revenue, the North America accounted for 27.4% of the global activated carbon market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 20.4 million by 2030.
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Activated Carbon Market Scope
Activated Carbon Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global activated carbon market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to activated carbon market will help companies and investors design strategic landscapes.
Powdered activated carbon was the largest segment with a revenue share of 61.56% in 2023. Horizon Databook has segmented the Global activated carbon market based on powdered activated carbon, granular activated carbon, other activated cabon products covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Activated Carbon Type Outlook (Revenue, USD Million, 2018-2030)
- Powdered activated carbon
- Granular activated carbon
- Other activated cabon products
- Global Activated Carbon Form Outlook (Revenue, USD Million, 2018-2030)
- Liquid Phase
- Gas Phase
- Global Activated Carbon End Use Outlook (Revenue, USD Million, 2018-2030)
- Water Treatment
- Food & Beverage Processing
- Pharmaceutical & Medical
- Automotive
- Air purification
- Others
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Our clientele includes a mix of activated carbon market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global activated carbon market , including forecasts for subscribers. This global databook contains high-level insights into Global activated carbon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global activated carbon market size, by regions, 2018-2030 (US$M)
Top 10 countries: Activated carbon market size, 2023 (US$M)
Global activated carbon market share, by type, 2023 & 2030 (%, US$M)
Activated carbon market: Opportunity assessment by country
Global activated carbon market, by region, 2023 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 876.1 | 930.9 | 891.6 | 920.8 | 955.2 | 990.7 | 1,027.1 | 1,064.6 | 1,103.3 | 1,143.2 | 1,184.3 | 1,226.6 | 1,270.2 | 3.6% |
| Europe | 602.6 | 639.9 | 612.3 | 631.8 | 655.0 | 678.7 | 703.0 | 728.1 | 754.1 | 780.6 | 808.1 | 836.3 | 865.3 | 3.5% |
| Asia Pacific | 1,532.5 | 1,632.8 | 1,568.2 | 1,623.8 | 1,689.3 | 1,756.5 | 1,826.0 | 1,897.8 | 1,972.2 | 2,049.1 | 2,128.4 | 2,210.4 | 2,295.2 | 3.9% |
| Latin America | 151.4 | 161.2 | 154.9 | 160.5 | 166.9 | 173.6 | 180.6 | 187.8 | 195.2 | 202.8 | 210.7 | 218.8 | 227.2 | 3.9% |
| MEA | 17.0 | 17.8 | 16.7 | 17.0 | 17.5 | 17.8 | 18.1 | 18.4 | 18.9 | 19.2 | 19.6 | 19.9 | 20.4 | 2.0% |
| Overall | 3,179.6 | 3,382.6 | 3,243.7 | 3,353.9 | 3,483.9 | 3,617.3 | 3,754.8 | 3,896.7 | 4,043.7 | 4,194.9 | 4,351.1 | 4,512.0 | 4,678.3 | 3.7% |
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