Activated Carbon Filters Market Share

Asia Pacific Market Statistics

Asia Pacific industry is likely to dominate majority revenue share of 34% by 2037. 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.