Latin America Activated Carbon Market Size & Outlook
Latin America activated carbon market, 2018-2030 (US$M)
Related Markets
Latin America activated carbon market highlights
- The Latin America activated carbon market generated a revenue of USD 173.6 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 173.6 million |
| Market revenue in 2030 | USD 227.2 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, Latin America region accounted for 4.8% 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 |
|---|
Latin America 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 48.62% in 2023. Horizon Databook has segmented the Latin America 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.
Central & South America is projected to be an emerging market for activated carbon that is expected to grow continuously during the forecast period. Countries such as Brazil and Argentina are promoting the development of new air and water treatment and purification technologies and are supporting innovations in the existing technologies.
Argentina, which is known for controlling the quality of water in the region with the use of extremely advanced water management technologies, is expected to witness high demand for granular activated carbon and powdered activated carbon through its Integrated Urban Water Management initiative in the coming years.
The flourishing petrochemicals, steel, mining, and automotive industries in Brazil fuel the demand for activated carbon. All these factors are anticipated to contribute to the growth of activated carbon market in Central & South America in the coming years.
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Our clientele includes a mix of activated carbon market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America activated carbon market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America activated carbon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America activated carbon market size, by country, 2018-2030 (US$M)
Latin America Activated Carbon Market Outlook Share, 2023 & 2030 (US$M)
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