Home / Mining, Minerals and Metals / Activated Charcoal Market By Product Type (Powdered Activated Charcoal, Granular Activated Charcoal, Extruded Activated Charcoal), By Application (Liquid Phase Application, Gas Phase Application) : Growth, Share, Opportunities & Competitive Analysis, 2019 - 2027

Activated Charcoal Market By Product Type (Powdered Activated Charcoal, Granular Activated Charcoal, Extruded Activated Charcoal), By Application (Liquid Phase Application, Gas Phase Application) : Growth, Share, Opportunities & Competitive Analysis, 2019 - 2027

Published: Jan 2020 | Report Code: 60150-01-20

Key Market Insights 

"Implementation of regulatory standards will spur the market revenue growth"

The global activated charcoal market accounted for US$ 4.64 Bn in 2018 and is anticipated to grow to US$ 11.12 Bn growing at a CAGR of 10.3% throughout the forecast period from 2019 to 2027. The market size in terms of volume was 2,339.61 metric tons (in 000’s) in 2018 and is projected to reach 5714.88 metric tons (in 000’s) by 2027 growing at a CAGR of 10.5%. 

Global sustainability trends are bolstering the demand for purification of air and water and ecofriendly process alternatives. Activated charcoal is a high porous and high surface area adsorptive material with a large nebulous structure. Activated charcoal sorbents are custom-made for specific applications based on pore size and pore volume requirements. Activated charcoal plays a major role in applications throughout the chemical process industry including potable water purification, sewage treatment plants, and adsorbed gas storage among others. 

In addition, rising adoption of activated charcoal in food and beverages industry, increasing investment flow and new applications in the mining industry are driving the growth of the activated charcoal market globally. In developed countries, demand for activated charcoal is largely influenced by regulatory standards implemented by governments. For instance, The US Environmental Protection Agency has introduced Mercury and Air Toxics Standards for mercury removal applications in the US expected to drive the demand for activated charcoal market.

Market Synopsis

Activated Charcoal Market

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Product Type Analysis

"Granular activated charcoal segment to register maximum growth throughout the forecast period"

Based on product type, the activated charcoal market is segmented into three type’s mainly powdered activated charcoal, granular activated charcoal and extruded activated charcoal. Powdered activated charcoal segment accounted for more than 40% of the revenue share of the global activated charcoal market. This is due to the powdered form has high adsorption capacity and is widely used in applications including automotive, healthcare, and food and beverages among others. In addition, the powdered activated charcoal is globally produced at large volume accounting for more than 50% of total production.

In contrast, granular activated charcoal is set to record fastest growth during the forecast period. Owing to the adoption of granular charcoal for treatment of air purification and water treatment, especially in removal of chlorine and mercury. For instance, the U.S. has stringent regulations for mercury removal. Activated charcoal is injected for removal of mercury from cement plants, coal-fired power plants, and solid waste incinerators among others in the region. 

Activated Charcoal Market

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Application Analysis

"Gas Phase segment expected to be dominant during the forecast period"

Based on application, the global activated charcoal market is segmented into Liquid phase and gas phase which are further segmented into liquid phase (water treatment, food & beverage processing, healthcare, others (mining)), gas phase (air purification, industrial, automotive, others (oil & gas)). Water treatment segment accounts for more than 35% of market share in liquid phase application and is expected to remain dominant throughout the forecast period. This can be associated with the standards set by various government agencies for purification of water especially in countries such as the U.S. and China.

Additionally, Gas phase application dominates the activated charcoal market. This is due to rising adoption of air conditioning, gas masks, and purification factory effluent gases among others. Rising pollution levels in urban areas and CO2 emission from automotive are also some of the factors driving the demand for gas purification segment. Thus driving the growth of activated charcoal market. 

Activated Charcoal Market

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Regional Analysis 

"Rising environmental concerns to bolster the growth in Asia Pacific region" 

In 2018, Asia Pacific was leading the activated charcoal market and was the largest revenue contributing region with a market share of more than 30%. Asia Pacific is estimated to lead during the forecast period followed by North America. This is due to the rising mercury emissions due to increased power generation in developing nation such as China, India and Japan. Coal being the major source of electricity coupled with rising environmental regulations due to increased level of emissions in these nations are driving the growth of the activated charcoal market in the region.

In contrast, North America region is the second largest region after the Asia Pacific. The region is expected to register moderate growth. This is due to growing environmental concerns and stringent regulations and standards set by governments to protect the environment in the region. 

Activated Charcoal Market

List of Companies Covered:

  • Cabot Corporation
  • JACOBI CARBONS GROUP
  • Kuraray Co. Ltd
  • ADA Carbon Solutions
  • Osaka Gas Co.
  • Calgon Carbon Corporation
  • Thomas Net
  • Thermax Group
  • Haycarb Plc
  • KUREHA CORPORATION
  • Donau Carbon GmbH 

Activated Charcoal Market

Key Industry Development: 

  • In December 2018, Advanced Emissions Solutions Inc. announced the acquisition of ADA Carbon Solutions, LLC. With this acquisition Advanced Emissions Solutions Inc. will gain a significant market share in the activated charcoal and emission control market.
  • In April 2018, New York state department of environmental conservation has appointed Cabot Corporation as its new supplier for granular activated carbon for the removal of perfluorooctanoic acid contamination. 

Historical & Forecast Period

This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027

Market Segmentation

 

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 Product Type Segment (2017–2027; US$ Bn)
 • Powdered Activated Charcoal
 • Granular Activated Charcoal
 • Extruded Activated Charcoal

 Application Segment (2017–2027; US$ Bn)
 • Liquid Phase Application
    a. Water Treatment
    b. Food & Beverage Processing
    c. Healthcare
    d. Others (Mining)
 • Gas Phase Application
    a. Air Purification
    b. Industrial
    c. Automotive
    d. Others (Oil & Gas)

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S. and Rest of North America)
 • Europe (U.K., Germany, France, and Rest of Europe)
 • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
 • Rest of World (Middle East & Africa (MEA), Latin America)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall activated charcoal market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.

Key questions answered in this report 

  • What are the current market trends and dynamics in the activated charcoal market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2027
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which product type segment holds a larger market share and why?
  • Are low and middle-income economies investing in the activated charcoal market?
  • Which is largest regional market for activated charcoal?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?
  • Worldwide market value of the activated charcoal market in 2017 and 2018
  • Which are the key trends driving the global activated charcoal market growth?
  • Who are the leading service providers in the activated charcoal market worldwide?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Product Type
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Activated Charcoal (AC) Market
2.2. Global AC Market, by Product Type, 2018 (US$ Bn)
2.3. Global AC Market, by Application, 2018 (US$ Bn)
2.4. Global AC Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global AC Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Activated Charcoal (AC) Market, by Product Type , 2017-2027 (US$ Bn)
4.1. Overview
4.2. Powdered Activated Charcoal
4.3. Granular Activated Charcoal
4.4. Extruded Activated Charcoal

5. Global Activated Charcoal (AC) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Liquid Phase
5.2.1. Water Treatment
5.2.2. Food & Beverage Processing
5.2.3. Healthcare
5.2.4. Others (Mining)
5.3. Gas Phase
5.3.1. Air Purification
5.3.2. Industrial
5.3.3. Automotive
5.3.4. Others (Oil & Gas)

6. North America Activated Charcoal (AC) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.1.1. North America AC Market Value and Growth, 2017-2027, (US$ Bn)
6.2. North America AC Market Value, By Product Type, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America AC Market Value, By Application, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America AC Market Value, By Region/Country, 2017-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Activated Charcoal (AC) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. Europe AC Market Value and Growth, 2017-2027, (US$ Bn)
7.2. Europe AC Market Value, By Product Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe AC Market Value, By Application, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe AC Market Value, By Region/Country, 2017-2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Activated Charcoal (AC) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific AC Market Value and Growth, 2017-2027, (US$ Bn)
8.2. Asia Pacific AC Market Value, By Product Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific AC Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific AC Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Activated Charcoal (AC) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World AC Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Rest of the World AC Market Value, By Product Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World AC Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World AC Market Value, By Region, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.4.2. Middle East & Africa
9.4.3. Latin America

10. Company Profiles
10.1. Cabot Corporation
10.2. JACOBI CARBONS GROUP
10.3. Kuraray Co. Ltd
10.4. ADA Carbon Solutions
10.5. Osaka Gas Co.
10.6. Calgon Carbon Corporation
10.7. Thomas Net
10.8. Thermax Group
10.9. Haycarb Plc
10.10. KUREHA CORPORATION
10.11. Donau Carbon GmbH

* Here we are using AC as a short form of Activated Charcoal

FIG. 1 Global Activated Charcoal (AC) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global AC Market Segmentation
FIG. 4 Global AC Market, by Product Type, 2018 (US$ Bn)
FIG. 5 Global AC Market, by Application, 2018 (US$ Bn)
FIG. 6 Global AC Market, by Organization Size, 2018 (US$ Bn)
FIG. 7 Global AC Market, by End-user, 2018 (US$ Bn)
FIG. 8 Global AC Market, by Geography, 2018 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key AC Market Vendors, 2018
FIG. 11 Global AC Market, by Product Type, 2017–2027 (US$ Bn)
FIG. 12 Global AC Market, by Powdered Activated Charcoal, Value, 2017–2027 (US$ Bn)
FIG. 13 Global AC Market, by Granular Activated Charcoal, Value, 2017–2027 (US$ Bn)
FIG. 14 Global AC Market, by Extruded Activated Charcoal, Value, 2017–2027 (US$ Bn)
FIG. 15 Global AC Market, by Application, 2017–2027 (US$ Bn)
FIG. 16 Global AC Market, by Liquid Phase, Value, 2017–2027 (US$ Bn)
FIG. 17 Global AC Market, by Gas Phase, Value, 2017–2027 (US$ Bn)
FIG. 18 U.S. AC Market, 2017–2027 (US$ Bn)
FIG. 19 Rest of North America AC Market, 2017–2027 (US$ Bn)
FIG. 20 U.K. AC Market, 2017–2027 (US$ Bn)
FIG. 21 Germany AC Market, 2017–2027 (US$ Bn)
FIG. 22 France AC Market, 2017–2027 (US$ Bn)
FIG. 23 Italy AC Market, 2017–2027 (US$ Bn)
FIG. 24 Rest of Europe AC Market, 2017–2027 (US$ Bn)
FIG. 25 Japan AC Market, 2017–2027 (US$ Bn)
FIG. 26 China AC Market, 2017–2027 (US$ Bn)
FIG. 27 India AC Market, 2017–2027 (US$ Bn)
FIG. 28 Rest of Asia Pacific AC Market, 2017–2027 (US$ Bn)
FIG. 29 Middle East & Africa AC Market, 2017–2027 (US$ Bn)
FIG. 30 Latin America AC Market, 2017–2027 (US$ Bn)

TABLE 1 Market Snapshot: Global Activated Charcoal (AC) Market
TABLE 2 Global AC Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 3 Global AC Market, by Application, 2017–2027 (US$ Bn)
TABLE 4 Global AC Market, by Geography, 2017–2027 (US$ Bn)
TABLE 5 North America AC Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 6 North America AC Market, by Application, 2017–2027 (US$ Bn)
TABLE 7 North America AC Market, by Country, 2017–2027 (US$ Bn)
TABLE 8 Europe AC Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 9 Europe AC Market, by Application, 2017–2027 (US$ Bn)
TABLE 10 Europe AC Market, by Country, 2017–2027 (US$ Bn)
TABLE 11 Asia Pacific AC Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 12 Asia Pacific AC Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 13 Asia Pacific AC Market, by Application, 2017–2027 (US$ Bn)
TABLE 14 Asia Pacific AC Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 15 RoW AC Market, by Product Type, 2017–2027 (US$ Bn)
TABLE 16 RoW AC Market, by Application, 2017–2027 (US$ Bn)
TABLE 17 RoW AC Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 18 Cabot Corporation Company.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 19 Jacobi Carbons Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 20 Kuraray Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 21 ADA Carbon Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 22 Osaka Gas Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 23 Calgon Carbon Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 24 Thomas Net.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 25 Thermax Group.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 26 Haycarb Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 27 Kureha Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)
TABLE 28 Donau Carbon GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Developments)

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