Europe Activated Carbon Market Size & Outlook, 2023-2030
Europe activated carbon market, 2018-2030 (US$M)
Related Markets
Europe activated carbon market highlights
- The Europe activated carbon market generated a revenue of USD 678.7 million in 2023.
- The market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, powdered activated carbon was the largest revenue generating type in 2023.
- Other activated cabon products is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 678.7 million |
| Market revenue in 2030 | USD 865.3 million |
| Growth rate | 3.5% (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 |
| 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, Europe region accounted for 18.8% 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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Europe 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 65.86% in 2023. Horizon Databook has segmented the Europe 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.
The increasing demand for activated carbon in Europe can be attributed to surged awareness among the masses about pollution hazards, stringent implementation of regulations promoting, and risen demand for the product from the manufacturing sector of the region.
The growth of activated carbon market in Europe is also driven by the increasing demand for activated carbon in air purification applications as the region continues to face challenges related to air pollution. According to a report of October 2022 by the European Commission, approximately 300,000 Europeans die prematurely every year due to air pollution.
As a result, the European Commission is implementing stringent rules and regulations for maintaining the quality of ambient air, reducing the level of groundwater pollutants, and treating wastewater in the region.
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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 Europe activated carbon market , including forecasts for subscribers. This continent databook contains high-level insights into Europe activated carbon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe activated carbon market size, by country, 2018-2030 (US$M)
Europe Activated Carbon Market Outlook Share, 2023 & 2030 (US$M)
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