Pelletized Activated Carbon Market size was valued at USD 5.63 billion in 2024 and is set to exceed USD 11.57 billion by 2037, registering over 5.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of disconnect switch is evaluated at USD 5.89 billion. The market growth is mainly driven by growing levels of air pollution. Despite advances in some locations, global urban air pollution levels climbed by 8%, according to the World Health Organization. Low- and middle-income nations in WHO's Eastern Mediterranean and South-East Asia Regions have the greatest levels of urban air pollution, with annual mean levels frequently exceeding 5-10 times WHO standards. Pelletized activated carbon is a versatile material widely used for controlling air pollution due to its exceptional adsorption properties.
Besides this, growing initiatives from government and regulatory bodies have a positive impact on the pelletized activated carbon market. These programs often involve the installation of air purification systems and filters in industrial facilities, vehicles, and power plants. These all are usually equipped with activated carbon filters for absorbing air pollutants.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
5.7% |
Base Year Market Size (2024) |
USD 5.63 billion |
Forecast Year Market Size (2037) |
USD 11.57 billion |
Regional Scope |
|
Application (Metal Recovery, Water & Wastewater Treatment, Filter, Air & Gas Treatment, Mercury Removal, Catalyst)
The water & wastewater segment is slated to account for 37% share of the global pelletized activated carbon market in 2037. Moreover, it will show tremendous growth at a significant CAGR over the projected period. Shortage of fresh drinking water and the growing need for treating unhealthy water is expected to augment the segment’s growth. In 2020, 56% of home wastewater flows were properly treated globally. Furthermore, by 2030, the global state of wastewater treatment and acceleration must reach target 6.3. Moreover, 2 billion people do not have clean drinking water at home. Around 1 1.2 billion of them lack a reliable supply of safe drinking water. Rural areas are home to eight out of ten people who continue to lack access to safe drinking water. Activated carbon can remove unpleasant odors and tastes from water caused by chemicals, chlorine, algae, or their organic matter. The carbon pellets adsorb and trap these compounds, resulting in cleaner and better-tasting water.
End User (Automotive, Pharmaceutical, Agriculture, Mining, Oil & Gas, Chemical, Food & Beverage, Manufacturing)
In the year 2037, the automotive segment in the pelletized activated carbon market is predicted to have a major share of roughly 40%. Higher emission of polluted chemicals from the transportation sectors is the primary driving factor for the segment’s growth. Transportation GHG emissions account for approximately 29 percent of total U.S. GHG emissions, making it the greatest contributor to air pollution. Activated carbon pellets can be integrated into the emissions control systems of automobiles. They are utilized in canister filters to trap and absorb fuel vapors emitted from the fuel tank, preventing them from being released into the atmosphere and contributing to pollution.
Our in-depth analysis of the global pelletized activated carbon market includes the following segments:
Type |
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Application |
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End User |
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APAC Market Forecast
Asia Pacific industry is set to dominate majority revenue share of 36% by 2037. The growth of the market can be attributed majorly to the rising air pollution in the region, followed by government initiatives to control air pollution. India is one of the most polluted countries in the world, with 21 of the world's 30 cities having the worst air pollution. The capital, New Delhi, has the worst air quality of any capital city in the world. Particulate matter (PM2.5) levels in New Delhi are nearly ten folds higher than the standards fixed by WHO. Furthermore, India has launched an aggressive National Clean Air Programme to reduce airborne particulate matter by around 30% by the end of 2024.
North American Market Statistics
The pelletized activated carbon market in North America is expected to hold a significant market share of around 24% by the end of 2037. The growth of the market can be attributed to rising practices of water and wastewater treatment. More than 238 million people are served by an estimated 14,748 publicly owned treatment works (POTWs) for wastewater collection, treatment, and disposal. Moreover, California recycled more than 1.5 million acre-feet per year by 2020, with lofty targets of increasing water recycling to 2.5 million acre-feet per year by 2030.
Author Credits: Rajrani Baghel
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