Activated Carbon Market Size

Activated Carbon Market size was valued at USD 4.78 billion in 2024 and is expected to cross USD 14.96 billion by the end of 2037, registering more than 9.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of activated carbon is estimated at USD 5.13 billion. The market is expanding as a result of the increased need for mercury control technologies to reduce industrial air pollution. Air pollution has wiped out several bird species, caused serious respiratory illnesses in people, and puts certain species at risk of extinction over the long term. In-utero exposure to methylmercury is thought to raise the chance of learning problems in more than 75,000 infants in the United States each year.

Market trends for activated carbon include the increase in the industry brought on by nations' developing economies, an expanding population with rising needs, and a global water shortage. Two-thirds of the world's population, or four billion people, experience water shortages every year for at least one month.