Activated Carbon Filters Market size was over USD 572.87 Million in 2023 and is expected to exceed USD 1.14 Billion by the end of 2036, growing at over 5.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of activated carbon filters is evaluated at USD 601.23 Million. The market growth is attributed to the increasing prevalence of water-borne diseases and infectious diseases such as whorls rash, cyclosporiasis, cryptosporidiosis, and algae bloom worldwide. As carbon filters can remove bacteria, infectious diseases can cause serious and significant health problems, which is expected to drive the growth of the global market.
Activated carbon filters market trends such as the need for water purification highlight the role of activated carbon filtration. A report released by the World Health Organization in 2022 found that contaminated drinking water can carry diseases such as diarrhea, cholera, dysentery, typhoid fever, and polio, with an estimated 485,000 people suffering from diarrhea. Activated carbon filters are used to remove organic compounds to extract chlorine from water, making the water suitable for wastewater or use in manufacturing processes.
Growth Driver
Challenges
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Base Year |
2023 |
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Forecast Year |
2023 – 2036 |
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CAGR |
5.5% |
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Base Year Market Size |
USD 572.87 Million |
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Forecast Year Market Size |
USD 1.14 Billion |
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Regional Synopsis |
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Application (Industrial Water Pollution Treatment, Drinking Water Purification, Food & Beverage, Pharmaceuticals)
The industrial water pollution treatment segment is expected to hold 45% share of the global activated carbon filters market during the forecast period. The growth of this sector is due to the presence of large amounts of waste accumulated in industrial landfills, which are then dumped into rivers, the source of pure water. About 300 to 400 tonnes of contaminated waste is dumped each year by industries around the world, according to a report to be released in 2021. In addition, the lack of availability of fresh and clean water is also a factor contributing to the expansion of industrial water pollution treatment, which is expected to further boost the market. Almost 70% of India's surface water is no longer fit for consumption due to rapid urbanization. In addition, about 40 million liters of wastewater enter rivers every year.
Type (Stainless Steel Shell, Carbon Steel Shell)
The stainless steel case segment in the activated carbon filters market is expected to hold a large share. Stainless steel is often used due to its higher chromium content and better heat distribution than carbon steel cases. In addition, it has been observed that carbon steel shells are prone to rust, whereas stainless steel is less corrosive. This will allow you to cope with extreme weather conditions. The total global stainless steel production in 2021 is estimated to be about 60 million tons.
Our in-depth analysis of the global activated carbon filters market includes the following segments:
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Application
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Type
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Asia Pacific Market Statistics
The activated carbon filters market in the Asia Pacific region is expected to witness the highest market revenue share of 34% in the estimated time period. The market growth can be mainly ascribed to the back of the rapid growth of the personal care industries where activated carbon is widely used, and the expansion of other industries driving the demand for activated carbon filters in the region. For instance, Asian beauty and personal care sector revenue is estimated to be around USD 200 billion in 2023, with online sales accounting for nearly 30% of total revenue. Therefore, this is the factor expected to have a positive impact on the growth of the market in this region during the predicted period.
North American Market Forecasts
In North America, the activated carbon filters market is predicted to expand substantially in the time period. The growth of this market can be attributed on account of several factors such as escalating old population, the constantly growing automobile sector, and increasing concerns about the environment in the region. Moreover, the increasing need for water and gas purification treatment in the region is also behind the market expansion of activated carbon filters in this region.
Author Credits: Rajrani Baghel
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