Asia Pacific Activated Carbon Market Size & Outlook
Asia Pacific activated carbon market, 2018-2030 (US$M)
Related Markets
Asia Pacific activated carbon market highlights
- The Asia Pacific activated carbon market generated a revenue of USD 1,756.5 million in 2023.
- The market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, powdered activated carbon was the largest revenue generating type in 2023.
- Powdered activated carbon is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,756.5 million |
| Market revenue in 2030 | USD 2,295.2 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Powdered activated carbon |
| Fastest growing segment | Powdered activated carbon |
| 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 |
| Key market players worldwide | Cabot Corp, Kuraray Co Ltd, Kureha Corp, Osaka Gas Co Ltd, Evoqua Water Technologies, Carbios SA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 48.6% of the global activated carbon market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,295.2 million by 2030.
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Activated Carbon Market Scope
Activated Carbon Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 65.02% in 2023. Horizon Databook has segmented the Asia Pacific 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.
Activated carbon market in Asia Pacific has been growing at a significant rate over the past few years. The growth of the market in this region can be attributed to the increasing demand for clean water and air and the surging adoption of activated carbon in various industrial applications, along with the presence of leading market players in Asia Pacific. Water sanitation is a major concern in the region.
According to Asia Water Forum report of 2022 published by the Asian Development Bank, approximately 500 million and 1.14 billion people lack access to basic water supplies and water sanitation, respectively in Asia Pacific.
Additionally, with ongoing urbanization in the region, water security is expected to act as a major challenge for countries such as India, Bangladesh, and Sri Lanka. As activated carbon is used for water treatment and sanitation, its demand is expected to rise in the region in the coming years.
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Target buyers of Asia Pacific activated carbon market databook
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Our clientele includes a mix of activated carbon market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific activated carbon market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific activated carbon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific activated carbon market size, by country, 2018-2030 (US$M)
Asia Pacific Activated Carbon Market Outlook Share, 2023 & 2030 (US$M)
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