North America Activated Carbon Market Size
The "North America activated carbon market" is expected to grow at a CAGR of 3.3% over the forecast period 2023-2030. The demand for clean energy is increasing in North America, which is driving the demand for high-performance energy storage solutions. Activated carbon is a critical component in the manufacture of supercapacitors and batteries used in clean energy systems, such as wind turbines and solar panels.
In North America, Activated carbon is a highly useful material with many applications ranging from air and water purification to food and beverage processing. Furthermore, the use of activated carbon for water treatment in North America dates back to the early 1900s, when it was used to treat municipal water supplies.
The use of activated carbon in North America is expected to increase in the coming years, driven by growing demand for clean water, air, and energy. This includes increased use of renewable energy technologies such as solar and wind power. Activated carbon is a popular material in North America for use in home water filtration systems, as it effectively removes chlorine, sediment, and other contaminants from tap water.
The market for activated carbon in North America is highly competitive, with several large manufacturers operating in the region, including Calgon Carbon, Cabot Corporation, and Kuraray. Air pollution is a significant problem in many parts of North America, particularly in large urban areas. Activated carbon is an effective material for removing pollutants such as volatile organic compounds (VOCs) and particulate matter from the air, and as a result, demand for activated carbon in air purification applications is growing.
Market Scope
| Metrics | Details |
| CAGR | 3.3% |
| Size Available for Years | 2021-2030 |
| Forecast Period | 2023-2030 |
| Data Availability | Value (US$) |
| Segments Covered | Raw Material, Type, End User |
| Countries Covered | USA, Canada, Mexico |
| Largest Country | USA |
| Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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North America Activated Carbon Market Drivers
The key growth factors of the market are the increasing demand for water purification and air purification. Growing urbanization and increased industrialization have radically rise air pollution which is acting as a major growth driver of the activated Carbon Market. Additionally, this region has also been using granular activated carbon adsorption techniques since 2015, primarily for the advanced or tertiary treatment of industrial and municipal wastewater.
Furthermore, the soaring demand for filtered and unadulterated freshwater is boosting the market demand. Moreover, high demand for the treatment of various pollutants, including dyes, ions, and a range of organic pollutants is expected to accelerate the growth of this market.
Likewise, the growing demand for pharmaceutical products and medical applications of activated carbon is expected to drive the market. Also, activated carbon is used to remove contaminants or impurities, such as odor and color from food liquids, sweeteners, beverages, syrups, organic and amino acids. An increase in demand for processed food and beverage is expected to spur the growth of this market.
Market Restraints
The high cost of activated carbon can be a barrier for developing and underdeveloped countries. In addition, the lack of important raw materials has limited the production of activated carbon. The outbreak of the Covid-19 pandemic had a massive negative impact on this market as it restricted the flow of goods and labour. COVID-19 has already increased interest in water treatment and air refinement with synthetic substances such as activated carbon. Despite COVID-19, the market in the region is expected to be hampered due to the expanded scope post the pandemic. North America has been severely affected by the Covid-19 pandemic and shows no signs of slowing down, which is expected to worsen the activated carbon market.
North America Activated Carbon Market Segmentation
The North America activated carbon market is segmented by raw material into coal, saw dust, coconut shell, and others; by type into powdered activated carbon, granular activated carbon, and others; by end-user into water treatment, pharmaceutical, automotive, personal care, and others; North America into United States, Canada, and Mexico.
- Based on type, the powdered activated carbon (PAC) segment is the most popular product category in the North American activated carbon market and will account for the majority of market share in 2022. PAC is a flexible product that may be utilized in a variety of applications such as water treatment, air purification, food and beverage processing, and pharmaceutical manufacturing. Its tiny particle size and large surface area allow it to absorb a broad spectrum of pollutants.
- According to the American Water Works Association, PAC is the most widely employed kind of activated carbon in North American water treatment applications. It is used to remove contaminants from drinking water such as chlorine, sediment, and organic compounds. Over 70% of water treatment plants in North America employ PAC.
North America Region Insights for Activated Carbon Market
North America has the second-largest revenue share in the globe. The market is divided into three primary nations, according to the report: the United States, Canada, and Mexico. The United States has the largest proportion of the North America activated carbon market. Because of the significant demand for activated carbon in the water treatment and air purification sectors, as well as its usage in a variety of other applications such as food and beverage processing, pharmaceuticals, and automotive, the United States accounts for the largest share of the market. The United States also has many significant activated carbon producers, which contributes to the market's development.
Furthermore, Canada has a sizable market share as a result of rising demand for activated carbon in the water treatment and mining sectors, as well as its usage in a variety of other applications such as food and beverage processing and pharmaceuticals.
North America Activated Carbon Major Market Players
The major companies operating in the North America activated carbon market Osaka Gas Chemicals Co. Ltd, Kuraray Co. Ltd, Cabot Corporation, Jacobi Carbons Group, Haycarb PLC, Kureha Corporation, Donau Carbon GmbH, CarboTech AC GmbH, Silcarbon Aktivkohle GmbH, Asbury Carbons.
