North America Activated Carbon Market Size & Outlook
North America activated carbon market, 2018-2030 (US$M)
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North America activated carbon market highlights
- The North America activated carbon market generated a revenue of USD 990.7 million in 2023.
- The market is expected to grow at a CAGR of 3.6% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 990.7 million |
| Market revenue in 2030 | USD 1,270.2 million |
| Growth rate | 3.6% (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, North America region accounted for 27.4% 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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North 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 55% in 2023. Horizon Databook has segmented the North 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.
North America is characterized by the presence of stringent regulations on air and water pollution. This prompts the surged demand for activated carbon in the region as it can remove harmful contaminants from water & air. In addition, government regulatory agencies in North America have suggested the usage of activated carbon for impurity removal from water as well as air.
For instance, the U.S. Environmental Protection Agency (EPA) has formulated mercury and air toxics standards (MATS) to limit the amount of mercury and other air pollutants emitted by oil and coal-fired power plants across the country. Activated carbon can remove mercury from the flue gas of coal-fired power plants.
Thus, all these standards in North America have fueled the usage of activated carbon in mercury removal applications in industrialized countries such as the U.S., Canada, and Mexico. Powdered activated carbon (PAC) treatment and PAC injection technology are the most noteworthy methods used for controlling flue gas mercury emissions from coal-fired power plants in the U.S.
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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 continent-level data and insights on the North America activated carbon market , including forecasts for subscribers. This continent databook contains high-level insights into North America activated carbon market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America activated carbon market size, by country, 2018-2030 (US$M)
North America Activated Carbon Market Outlook Share, 2023 & 2030 (US$M)
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