Activated Carbon Market Share

Asia Pacific Market Statistics

Asia Pacific in activated carbon market is anticipated to account for around 43.9% revenue share by 2037. Rapid industrialization coupled with fast urbanization throughout the region has kept demand for activated carbon high, mainly for water and air purification applications. More than 80% of the wastewater generated in the region is discharged without being treated, which opens immense opportunities for activated carbon solutions in water treatment. Additionally, this demand is driven by increased industrial technologies and environmental awareness. The ability of the region to adopt these solutions to its growing infrastructure underlines its leading position in the global market.

The growing industrial base, added to the rising focus on access to clean water, is driving the activated carbon market in India. In municipal and industrial water treatment, the demand for activated carbon is growing rapidly with a large population and large-scale water scarcity. Furthermore, increased awareness related to air pollution has also increased the demand for air purifiers in which activated carbon is used at a considerable rate. Other factors, such as government initiatives toward adopting better environmental standards and sustainable manufacturing practices, are also driving the market toward growth. 

China dominates the activated carbon market in Asia Pacific, influenced by rapid industrial processing and sustainable material advancement. The country faces significant environmental challenges from untreated wastewater and industrial emissions, creating substantial demand for various technologies in the market. In April 2023, Ningbo Juhua Chemical & Science Co., Ltd. collaborated with Technip Energies for the construction of a PDO and PTT plant. This represents China effort towards greening the industrial base. These developing instances mark the strategic investment of the country in cutting-edge technology, thereby sealing its leading position in the regional as well as global market.

North America Market Analysis

North America activated carbon market is expected to grow at more than 9.4% CAGR through 2037, due to strict environmental regulations and higher adoption of advanced water and air purification technologies. This is attributed to growing interest in sustainability and health safety concerns across the region, driving higher demand for activated carbon solutions in key applications in wastewater treatment and industrial emission control, among others. Further enhancing the capabilities and efficiency of activated carbon products are investments in research and development. Such initiatives reinforce North America position as a key contributor to the global market.

In the U.S., the activated carbon market is driven by pressing environmental concerns and regulatory pressures. According to the Environmental Protection Agency, about a third of rivers and lakes are unsuitable for use. This makes the purification of water a crucial activity on a daily basis. The versatility in the removal of contaminants has made activated carbon indispensable in modern systems. In August 2022, Ingevity strengthened its supply chain with regard to activated carbon products by investing in advanced materials to show innovation and infrastructural development in the country. These factors put the U.S. in an advantageous position to drive market growth in North America.

The high emphasis on environmental sustainability and conservation in natural resources management in Canada contributes to its activated carbon market. The country is also tackling the challenges of water treatment and industrial emissions control, with a range of activated carbon solutions being implemented to meet these goals. Growth in filtration and purification technologies, especially due to the increasing use of sustainable materials, also epitomizes a commitment from Canada to environmental stewardship. Regional partnerships and investment in advanced manufacturing facilities further reinforce the activated carbon market growth in Canada.