Activated Carbon Filters Market Trends

  • Report ID: 4399
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Activated Carbon Filters Market Trends

Growth Driver

  • Increase in Food and Beverage Industry – In recent years there has been a significant increase in the use of activated carbon filters in the food and beverage industry due to their applications in cleaning and filtration preparation, such as colorant and drug removal, food processing. Therefore, the rise of the food and beverage industry is expected to drive the growth of the global activated carbon filters market during the evaluation period.  
  • High Demand in Pharmaceutical Industry – In order to separate and clean suspensions and to accelerate reaction processes activated carbon filters are utilized in the pharmaceutical sector. It also has the potential to remove impurities and color during the production of vitamins A, D, K, B, H, C, AND folic acid. Thus, increasing investment made by market players and pharmaceutical companies towards the rise of manufacturing units has actively contributed to market growth.
  • Growing Utilization in Cosmetic Sector - The cosmetics industry has introduced activated charcoal into beauty products such as toothpaste, bar soap, cleansing gels, and exfoliating masks. These products absorb surface dirt and impurities, helping to effectively clean your face and teeth. This is said to be one of the main factors influencing the growth of the activated carbon filters market in the future times. 
  • High Focus on Proper Industrial Waste Discharge - The sector is expected to grow strongly as governments and environmental firms increasingly focus on the treatment of large industrial wastes from the most important industries. Activated carbon filters can remove unwanted particles and remove odors and contaminants from wastewater. Therefore, growing industrial activities are estimated to raise the demand for activated carbon filters in the forecast time period.

Challenges

  • High Production Cost Included - Activated carbon filters are very expensive and not everyone can afford them. People prefer conventional methods for the purification of water rather than purchasing an activated carbon filter. These filters are attached to any types of components that are not cost-effective, hence, the selling price also increases. Therefore, it is anticipated to restrain the market's growth in the upcoming times.
  • Less Availability of Raw Materials
  • Disadvantages Associated with Activated Carbon Filters

Activated Carbon Filters Market: Key Insights

Base Year

2023

Forecast Year

2023 – 2036

CAGR

5.5%

Base Year Market Size

USD 572.87 Million

Forecast Year Market Size

USD 1.14 Billion

 

 

 

 

 

 

Regional Synopsis

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Rajrani Baghel


  • Report ID: 4399
  • Published Date: Jul 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of activated carbon filters is evaluated at USD 601.23 Million.

The 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. The growing focus on proper industrial waste discharge and expansion of the food and beverage sector are some of the major factors anticipated to drive the growth of the activated carbon filter.

Asia Pacific region is likely to witness the highest industry revenue share of 34% by 2036, ascribed to rapid growth of the personal care industries where activated carbon is widely used, and the expansion of other industries in the region.

TIGG LLC., Puragen Activated Carbons, General Carbon Corporation, WesTech Engineering, LLC., Lenntech USA LLC, Donau Carbon GmbH, SERECO S.r.l, Carbtrol Corporation, Oxbow Activated Carbon, Cabot Corporation
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