Activated Carbon Market Analysis

Raw Material (Coal, Coconut Shell, Wood Based)

Coal segment is expected to dominate around 55.1% activated carbon market share by the end of 2037. Due to its high adsorption capacity, coal is an indispensable raw material in a number of applications, especially in water and air purification. It finds much demand because of its efficiency in the removal of impurities from drinking water and industrial wastewater by coal-based activated carbon. In November 2024, Indcarb Activated Carbon launched a series of inline water filters using high-quality coal-derived activated carbon, illustrating recent innovations within the category. The growth of the segment reflects its critical contribution towards serving the increasing global demand for effective filtration solutions.

Type (Powdered, Granular, Extruded Activated Carbon)

By the end of 2037, powdered segment is poised to capture around 53.7% activated carbon market share, owing to its usage across different industry applications. The fine particle size makes it suitable for application in water treatment, air purification, and industrial processes.  In October 2022, Kuraray Co., Ltd. announced an expansion in the reactivated carbon production facility, further addressing sustainable practices and efficiency in material usage. The investment consolidated the leadership of the company in the category of powdered activated carbon, serving the needs of environmental solution-finding industries. The versatility of the segment has continued to make it a staple in the activated carbon market, as it supports a wide range of applications that are considered critical.

Our in-depth analysis of the global market includes the following segments: