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Activated Carbon Market

Global Activated Carbon Market Size, Share, Forecast: By Type: Powdered Activated Carbon, Granular Activated Carbon, Others; By Applications: Water Treatment, Air Treatment, Gold Treatment, Respirators, Solvency Recover; By Feedstock: Coconut Shell, Wood/Coal, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Activated Carbon Market Outlook

The global activated carbon market size attained a value of approximately USD 5.19 billion in 2023. The market is further expected to grow at a CAGR of 8.1% in the forecast period of 2024-2032, reaching a value of around USD 10.51 billion by 2032.

 

Key Takeaways

  • Nearly 7 million people die annually due to indoor and outdoor air pollution.
  • In 2022, the market volume of activated carbon was approximately 5.8 million metric tons worldwide.
  • In 2021, India exported activated carbon worth USD 321 million to the United States, Sri Lanka, South Korea, and Germany.

 

Activated carbon, also known as activated charcoal, is a type of carbon that has been processed to increased surface area for chemical reactions and adsorption. It is produced from carbonaceous sources such as coconuts, nutshells, coal, peat, and wood. Activated carbon is produced in multiple forms, including powdered activated carbon (PAC), granular activated carbon (GAC), extruded activated carbon, and activated carbon fibres, each tailored for specific applications. Activated carbon is used in a variety of applications to purify liquids and toxic gases, including food and beverage processing, potable water treatment, odour removal, and controlling industrial pollution.

 

The activated carbon market development is experiencing an upward growth due to several key drivers. The increasing demand for clean drinking water and the use of activated carbon in water treatment applications, along with the need for air purification to control air pollution, particularly in the emerging economies, are significant factors propelling the market forward. Furthermore, the widespread use of activated carbon in various industries such as pharmaceuticals, food and beverage production, and automotive products is contributing to its market growth. Additionally, stringent environmental regulations and the need for companies to comply with emission standards are further boosting the activated carbon market demand.

 

Activated Carbon Market

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Key Trends and Developments

Growing demand for granular activated carbon, rising popularity of coconut shells, and increasing demand for gold mining are boosting the market growth

 

October 2023

ADA Carbon Solutions, a leading provider of powder-activated carbon announced an expansion plan for its Red River Parish facility by investing USD 251 million. Through this expansion, the company aims to transform purified coal waste into granular activated carbon.

 

February 2023

Evoqua Water Technologies acquired the industrial water treatment service business of Bob Johnson & Associates from Kemco Systems, expanding its presence in Texas. The business includes carbon tanks and deionisation (DI) assets.

 

February 2023

Evoqua Water Technologies entered into an agreement with DESOTEC to divest its carbon reactivation and slurry operations in Pennsylvania and Arizona, along with the reactivation and carbon vessel manufacturing plant in California.

 

March 2022

One Equity Partners acquired Norit Activated Carbon from Cabot Corporation. This acquisition is expected to strengthen Norit's position in the activated carbon market and support its growth in providing purification solutions.

 

Rising environmental awareness

Large-scale industrial plants tend to generate a significant amount of water and air pollution, and with increasing awareness about environmental preservation, there is heightened pressure to control pollution at the source. Sectors like chemicals, paints and dyes, and paper and pulp are establishing water treatment units incorporating activated carbon directly into their facilities, further boosting the activated carbon market growth.

 

Growing demand for granular activated carbon in water treatment

The granular variants of activated carbon are projected to experience robust demand within the wastewater treatment sector due to their efficacy in eliminating residual disinfectants and organic contaminants.

 

Rising popularity of coconut shells as feedstock materials

According to the activated carbon market analysis, coconut shell is one of the emerging feedstock materials used in the production of activated carbon. An increase in coconut production provides an impetus to the market for activated carbon.

 

Increasing use of activated carbon in mining sector

Activated carbon is increasingly utilised in the mining sector, particularly in gold purification processes, serving as an efficient adsorbent in gold recovery. Consequently, the upsurge in gold mining activities further reinforces the growth trajectory of the market.

 

Activated carbon, or activated charcoal, is widely being used in pharmaceuticals, where it has wide applications as an adsorbent to get rid of pollutants during drug manufacturing. This is likely to further aid the activated carbon market growth.

 

Another application sector for activated carbon is water treatment, accounting for nearly half of the total market share. Activated carbon is a highly effective tool for water purification, as it effectively absorbs pollutants from water and is used in the filtration process to remove residual contaminants from wastewater. Activated carbon also removes chlorine from the wastewater and has a large surface area that makes the absorption of contaminants from wastewater highly effective.

 

Additionally, carbon activation is being used in the automotive sector to monitor emissions, eliminate VOCs (volatile organic compounds) as well as improve cabin air quality. These diverse applications of activated carbon is expected to be a continuing activated carbon market trend.

 

Activated Carbon Market by Application

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Global Activated Carbon Market Segmentation

Global Activated Carbon Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Powdered Activated Carbon 
  • Granular Activated Carbon 
  • Others

 

Market Breakup by Application

  • Water Treatment
  • Air Treatment
  • Gold Treatment
  • Respirators
  • Solvency Recovery

 

Market Breakup by Feedstock

  • Coconut Shell
  • Wood/Coal
  • Others

 

Market Breakup by Region

  • North America 
  • Europe 
  • Asia Pacific 
  • Latin America 
  • Middle East and Africa

 

Powdered activated carbon is expected to hold significant market share due to its increasing demand from multiple industrial sectors

Powdered activated carbon is expected to increase the activated carbon market share, accounting for more than 50% of the total market. The segment is driven by its rising demand from multiple industrial sectors to control toxicity and mercury levels.

 

Both powdered as well as granular activated carbon are used in water treatment, where granular activated charcoal is used for the elimination of pollutants from the groundwater.

 

Coconut shells dominates the feedstock segment due to its wide use in production of activated carbon

According to the activated carbon market forecast, coconut shell is one of the emerging feedstock materials used in the production of activated carbon. An increase in coconut production provides an impetus to the market for activated carbon.

 

However, wood and coal are the other most common raw materials in the market currently, accounting for more than 60 per cent of the production. Coal-based activated carbon is extensively used in potable water purification, which is a major application sector of activated carbon.

 

Activated Carbon Market by Region

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Competitive Landscape

The market players are engaged in acquisitions and product portfolio expansions to stay ahead in the competition.

 

Kuraray Co., Ltd. is one of the major Japanese chemical companies operating in various sectors, including chemicals and resins, fibres and textiles, high-performance materials, and medical products. The company has been operating since 1926 and has developed a diverse product portfolio, including products such as polyvinyl alcohol resin and film, methacrylic resin, nonwoven fabrics, polyester fibres, and activated carbon, among others.

 

Oxbow Activated Carbon LLC is a leading manufacturer and distributor of activated carbon solutions, headquartered in the United States. It is one of the world’s largest recyclers of refinery and natural gas byproducts. Founded in 1983, the company is involved in upgrading, handling, transporting, and selling petroleum coke to different sectors to produce aluminium, steel, electric power, and batteries, among other critical products.

 

Haycarb (Pvt) Ltd., founded in 1972, is a Sri Lankan company specialising in the production of coconut shell-based activated carbon. They're known for manufacturing a range of activated carbon products used in purification processes in industries like water treatment, air purification, gold recovery in mining, and more.

 

Indo German Carbons Limited (IGCL) is a leading international manufacturer and supplier of coconut shell-based activated carbon products and solutions. Established in 1995, the company is in the industrial hub of Cochin, South India. The company has more than 20 years of experience in the activated carbon industry.

 

Other key players in the global activated carbon market analysis include Shinkwang Chem. Ind. Co., Ltd, S.I.C.A.V Spa, Century Chemical Works Sdn. Bhd, Cabot Corporation, Osaka Gas Chemicals Co., Ltd., Donau Carbon GmbH, Norit Nederland B.V., Carbon Activated Corporation., Ingevity Corporation, Silcarbon Aktivkohle GmbH, CPL Activated Carbons, Eurocarb Products Limited, Euroquarz GmbH, Puragen LLC, and Active Carbon India Pvt. Ltd., among others.

 

Asia Pacific maintains a significant market growth due to region’s abundance of coconut shells

In the Asia Pacific, activated carbon is commonly derived from coconut shells and is increasingly preferred over the wood-derived kind due to its renewability and high adsorption properties, which can remove large quantities of micro-impurities. In emerging markets such as India and China, the expansion of the activated carbon market is expected to benefit from regulatory modifications, including amendments in China's environmental protection laws. China is a leading exporter of activated carbon, accounting for more than one-fourth of the total exports.

 

North America occupies the second largest market share due to the rising level of imports for activated carbon in the region. The United States is a leading importing country for activated carbon, followed by Japan. The main factors expected to boost the activated carbon market are rising environmental concerns, an increase in the geriatric population, and growing automotive demand in the region.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Feedstock
  • Region
Breakup by Type
  • Powdered Activated Carbon 
  • Granular Activated Carbon 
  • Others
Breakup by Application
  • Water Treatment
  • Air Treatment
  • Gold Treatment
  • Respirators
  • Solvency Recovery
Breakup by Feedstock
  • Coconut Shell
  • Wood/Coal
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Kuraray Co., Ltd.
  • Oxbow Activated Carbon LLC
  • Haycarb (Pvt) Ltd.
  • Indo German Carbons Limited (IGCL)
  • Shinkwang Chem. Ind. Co., Ltd
  • S.I.C.A.V Spa
  • Century Chemical Works Sdn. Bhd
  • Cabot Corporation
  • Osaka Gas Chemicals Co., Ltd.
  • Donau Carbon GmbH
  • Norit Nederland B.V.
  • Carbon Activated Corporation.
  • Ingevity Corporation
  • Silcarbon Aktivkohle GmbH
  • CPL Activated Carbons
  • Eurocarb Products Limited
  • Euroquarz GmbH
  • Puragen LLC
  • Active Carbon India Pvt. Ltd. 
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Activated Carbon Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Activated Carbon Historical Market (2018-2023) 
    8.3    Global Activated Carbon Market Forecast (2024-2032)
    8.4    Global Activated Carbon Market by Type
        8.4.1    Powdered Activated Carbon
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Granular Activated Carbon
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others 
    8.5    Global Activated Carbon Market by Application
        8.5.1    Water Treatment
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Air Treatment
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Gold Treatment
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Respirators
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Solvency Recovery
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
    8.6    Global Activated Carbon Market by Feedstock
        8.6.1    Coconut Shell
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Wood/Coal
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Others
    8.7    Global Activated Carbon Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Activated Carbon Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Activated Carbon Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Activated Carbon Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Activated Carbon Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Activated Carbon Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis (HS Code – 380210)

    16.1    Major Exporting Countries
        16.1.1    By Value
        16.1.2    By Volume
    16.2    Major Importing Countries
        16.2.1    By Value
        16.2.2    By Volume 
17    Price Analysis
18    Competitive Landscape

    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Kuraray Co., Ltd.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Oxbow Activated Carbon LLC
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3     Haycarb (Pvt) Ltd.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Indo German Carbons Limited (IGCL)
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Shinkwang Chem. Ind. Co., Ltd
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    S.I.C.A.V. Spa
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    Century Chemical Works Sdn. Bhd
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Cabot Corporation
            18.2.8.1    Company Overview
            18.2.8.2    Product Portfolio
            18.2.8.3    Demographic Reach and Achievements
            18.2.8.4    Certifications
        18.2.9    Osaka Gas Chemicals Co., Ltd.
            18.2.9.1    Company Overview
            18.2.9.2    Product Portfolio
            18.2.9.3    Demographic Reach and Achievements
            18.2.9.4    Certifications
        18.2.10    Donau Carbon GmbH
            18.2.10.1    Company Overview
            18.2.10.2    Product Portfolio
            18.2.10.3    Demographic Reach and Achievements
            18.2.10.4    Certifications
        18.2.11    Norit Nederland B.V.
            18.2.11.1    Company Overview
            18.2.11.2    Product Portfolio
            18.2.11.3    Demographic Reach and Achievements
            18.2.11.4    Certifications
        18.2.12    Carbon Activated Corporation.
            18.2.12.1    Company Overview
            18.2.12.2    Product Portfolio
            18.2.12.3    Demographic Reach and Achievements
            18.2.12.4    Certifications
        18.2.13    Ingevity Corporation
            18.2.13.1    Company Overview
            18.2.13.2    Product Portfolio
            18.2.13.3    Demographic Reach and Achievements
            18.2.13.4    Certifications
        18.2.14    Silcarbon Aktivkohle GmbH
            18.2.14.1    Company Overview
            18.2.14.2    Product Portfolio
            18.2.14.3    Demographic Reach and Achievements
            18.2.14.4    Certifications
        18.2.15    CPL Activated Carbons
            18.2.15.1    Company Overview
            18.2.15.2    Product Portfolio
            18.2.15.3    Demographic Reach and Achievements
            18.2.15.4    Certifications
        18.2.16    Eurocarb Products Limited
            18.2.16.1    Company Overview
            18.2.16.2    Product Portfolio
            18.2.16.3    Demographic Reach and Achievements
            18.2.16.4    Certifications
        18.2.17    Euroquarz GmbH
            18.2.17.1    Company Overview
            18.2.17.2    Product Portfolio
            18.2.17.3    Demographic Reach and Achievements
            18.2.17.4    Certifications
        18.2.18    Puragen LLC
            18.2.18.1    Company Overview
            18.2.18.2    Product Portfolio
            18.2.18.3    Demographic Reach and Achievements
            18.2.18.4    Certifications
        18.2.19    Active Carbon India Pvt. Ltd.
            18.2.19.1    Company Overview
            18.2.19.2    Product Portfolio
            18.2.19.4    Certifications
            18.2.19.3    Demographic Reach and Achievements
        18.2.20    Others

19    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Activated Carbon Market: Key Industry Highlights, 2018 and 2032
2.    Global Activated Carbon Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Activated Carbon Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Activated Carbon Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Activated Carbon Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Activated Carbon Historical Market: Breakup by Feedstock (USD Billion), 2018-2023
7.    Global Activated Carbon Market Forecast: Breakup by Feedstock (USD Billion), 2024-2032
8.    Global Activated Carbon Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Activated Carbon Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Activated Carbon Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Activated Carbon Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Activated Carbon Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Activated Carbon Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Activated Carbon Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Activated Carbon Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Activated Carbon Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Activated Carbon Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Activated Carbon Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Activated Carbon Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Major Exporting Countries by Value
21.    Major Importing Countries by Value
22.    Major Exporting Countries by Volume
23.    Major Importing Countries by Volume
24.    Global Activated Carbon Market Structure

Key Questions Answered in the Report

The global market for activated carbon reached a value of approximately USD 5.19 billion in 2023.

The market is projected to grow at a CAGR of 8.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 10.51 billion by 2032.

The major drivers of the market include the rising demand for water filtration and air purification and increasing rising applications in the mining industry, automotive sector, and gold purification processes.

The key activated carbon market trends include rising coconut production, advancements in technology, and favourable regulations of various governments to improve water and air quality.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regions in the market.

the significant types of activated carbon in the market are powdered activated carbon, and granular activated carbon, among others.

The various applications of activated carbon in the market are water treatment, air treatment, gold treatment, respirators, and solvency recovery.

The primary feedstocks for activated carbon in the market are coconut shell, and wood/coal, among others.

The major players in the market, according to the report, are Kuraray Co., Ltd., Oxbow Activated Carbon LLC, Haycarb (Pvt) Ltd., Indo German Carbons Limited (IGCL), Shinkwang Chem. Ind. Co., Ltd, S.I.C.A.V. Spa, Century Chemical Works Sdn. Bhd, Cabot Corporation, Osaka Gas Chemicals Co., Ltd., Donau Carbon GmbH, Norit Nederland B.V., Carbon Activated Corporation., Ingevity Corporation, Silcarbon Aktivkohle GmbH, CPL Activated Carbons, Eurocarb Products Limited, Euroquarz GmbH, Puragen LLC, and Active Carbon India Pvt. Ltd., among others.

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