Activated Carbon Market to grow over USD 9.0 Billion by 2032 | Kuraray, Cabot, Haycarb

New York, The Activated Carbon Market size was USD 3.8 Billion in 2022 and it is anticipated to grow over USD 9.0 Billion by 2032, at a CAGR of over 8.3% during the forecast period.

Activated carbon is a carbon-based adsorbent that is used to remove contaminants from water, air, and gas. It is made from a variety of materials, including coal, coconuts, and wood. Activated carbon has a large surface area and a high adsorption capacity, which makes it ideal for removing contaminants from water, air, and gas.

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Key Players

  • Kuraray
  • Cabot
  • Haycarb
  • Jacobi Carbons
  • Osaka Gas
  • CarbPure Technologies

Key Trends and Drivers

The major drivers of the activated carbon market include the increasing demand for water treatment, the growing need for air purification, and the rising demand for use of activated carbon for industrial applications.

Increasing use of activated carbon for water treatment

Activated carbon is increasingly being used for water treatment, due to its high adsorption capacity and ability to remove a wide range of contaminants. It is particularly effective at removing organic compounds, including chlorine-resistant organic compounds such as trihalomethanes (THMs) and haloacetic acids (HAAs).

Increasing use of activated carbon for air purification

Activated carbon is also being used more frequently for air purification, due to its ability to adsorb a range of pollutants, including volatile organic compounds (VOCs), nitrogen oxides (NOx), and sulfur dioxide (SO2).

Increasing use of activated carbon for industrial applications

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Market Segments

By Type

  • Powdered Activated Carbon
  • Granular Activated Carbon
  • Others

By Application

  • Liquid Phase
  • Gas Phase

By End-Use

  • Water Treatment
  • Food & Beverage Processing
  • Pharmaceutical & Medical
  • Automotive
  • Air Purification
  • Others

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