Asia-Pacific Activated Carbon Market Outlook, 2028

Asia Pacific is the largest market for activated carbon in the world, accounting for more than 50% of global demand. The market is driven by increasing demand for activated carbon from various end-use industries, including water treatment, air purification, food and beverage processing, and pharmaceuticals. The rising awareness regarding environmental pollution and the need for clean air and water is also contributing to the growth of the market. Furthermore, the Asia-Pacific region has a large number of developing countries that are investing heavily in infrastructure development, industrialization, and urbanisation. This is leading to an increase in the demand for activated carbon, especially in water treatment and air purification applications. Moreover, one of the major challenges facing the Asia Pacific activated carbon market is the presence of low-cost activated carbon products from countries like China and India, which can lead to price wars and margin pressure for established players. In addition, stringent environmental regulations and increasing awareness about the harmful effects of pollutants on human health are expected to further boost the demand for activated carbon in the region. Moreover, the increasing demand for activated carbon in industrial wastewater treatment and mercury removal from flue gases is driving the growth of the Asia Pacific activated carbon market. For instance, the increasing focus on developing sustainable and eco-friendly products is also expected to drive the growth of the activated carbon market in the Asia Pacific region, as activated carbon is a natural and renewable resource that can be used to treat water and reduce greenhouse gas emissions.

According to the research report Asia pacific Activated Carbon Market Outlook, 2028 the market is expected to grow at more than 8% CAGR from 2023 to 2028. Activated carbon production is a resource-intensive process, and there is growing interest in more efficient production processes that use less energy and generate less waste. This trend is being driven by both environmental concerns and the need to reduce production costs. According to the report, the market is categorized into major countries, including China, Japan, India, Australia, and South Korea. Among them, China is the largest market for activated carbon in Asia Pacific, accounting for a significant share of the global market. Furthermore, China is the largest producer of activated carbon in the world, with a large number of companies operating in the industry. Moreover, the majority of activated carbon production in China is based on coal, which is abundant in the country. However, there is a growing trend towards the use of renewable activated carbon, particularly in the water treatment sector. In addition, the Chinese government has introduced several regulations aimed at reducing pollution, which is driving demand for activated carbon in water and air purification applications. However, Japan is another important market for activated carbon in Asia-Pacific, with a strong focus on quality and innovation. Furthermore, the Japanese activated carbon industry is focused on high-end applications, such as pharmaceuticals and electronics, where quality and performance are critical. For instance, air pollution is a significant problem in many parts of Asia and the Pacific, particularly in large cities such as Beijing and Delhi. As a result, there is a growing demand for air purification systems that use activated carbon as a filtration medium. This trend is expected to continue as governments in the region take steps to improve air quality.

Based on product type, PAC is the most commonly used form of activated carbon in water treatment applications, which is a major market for activated carbon in Asia Pacific. It is highly effective in removing impurities, including organic compounds, from water. Furthermore, PAC is relatively inexpensive compared to other forms of activated carbon, making it a popular choice for water treatment applications in developing countries in Asia and the Pacific. For instance, PAC is also widely used in the food and beverage industry in Asia and the Pacific, where it is used to remove impurities, colours, and flavours from food and beverage products. Its effectiveness in this application has contributed to its popularity in the region. Granular carbon (GAC) has a higher CAGR than other forms of activated carbon in Asia-Pacific. GAC is commonly used in gas-phase applications, such as air and gas purification, which is a growing market in Asia Pacific. GAC is highly effective at removing impurities and pollutants from air and gas streams, making it an important component in many air and gas purification systems. For instance, GAC is commonly produced from coconut shells in countries like the Philippines and Indonesia, where there is an abundance of coconut trees.

In terms of raw material, the Asia-Pacific activated carbon market is dominated by coal-based activated carbon, followed by coconut shell-based activated carbon. The increasing production of coal and coconut shell-based activated carbon in countries like China, India, and Indonesia is contributing to the growth of the market. The coconut shell-based raw material segment is expected to witness significant growth in the Asia Pacific activated carbon market, driven by the abundance of coconut plantations in the region and the increasing demand for sustainable and eco-friendly products. However, in terms of end-users, the water treatment segment is expected to dominate the Asia Pacific activated carbon market during the forecast period. This is due to the increasing demand for clean and safe drinking water in countries like India and China, which have large populations and face significant water pollution challenges. Furthermore, the Asia Pacific activated carbon market is divided into two main segments based on the phase of the application, liquid-phase and gas-phase. Liquid-phase activated carbon has the highest market share in the Asia Pacific region, with a wide range of applications across various industries. Liquid-phase activated carbon is commonly produced from a variety of materials, including coconut shells, wood, and coal. Coconut shell-based activated carbon is a popular choice in the Asia-Pacific region due to its high quality and sustainability.

Government regulations play a significant role in the activated carbon market in the Asia Pacific region. Regulations can impact the production, import, export, sale, and use of activated carbon in various industries, including water treatment, air purification, and food and beverage processing. Some of the government regulations related to activated carbon in the Asia Pacific region include environmental protection laws and regulations, drinking water quality standards, food safety and quality regulations, pharmaceutical regulations, trade regulations and tariffs, carbon emission reduction targets and policies, hazardous waste management regulations, air pollution control regulations, water pollution control regulations, occupational health and safety regulations, and many more.

In Asia Pacific some of the new product launches include, Kuraray Chemical Co., Ltd. (Japan) launched a new activated carbon product called DARCO H2S LF in 2021. The product is designed to remove hydrogen sulphide (H2S) from industrial gases and wastewater streams and has a high sulphur capacity and low dust generation. Furthermore, Osaka Gas Chemicals Co., Ltd. (Japan) launched a new activated carbon product called Ogacarb High CR in 2020. The product is designed for use in the pharmaceutical industry and has a high adsorption capacity for impurities such as residual solvents and heavy metals. Moreover, Chemviron Carbon (Belgium) launched a new activated carbon product called Ceca SORB in 2020. The product is designed for use in flue gas treatment applications and has a high capacity for removing mercury and other pollutants.

Start-ups:

• Coconut Renewable Energy (Philippines): This start-up is focused on producing activated carbon from coconut shells, a byproduct of the coconut industry. The company's goal is to create a circular economy by using this waste material to produce a high-value product that can be used in various industries, such as water treatment and air purification.
• Carbon Clean Solutions: Carbon Clean Solutions is a start-up that is focused on developing technologies for carbon capture, utilization, and storage. The company's technology uses activated carbon to capture carbon dioxide emissions from industrial processes and convert them into useful products, such as fertilizers and chemicals.
• Green Energy Biofuels: This start-up is focused on producing activated carbon from agricultural waste materials, such as sugarcane bagasse and rice husks. The company aims to create a more sustainable solution to activated carbon production, while also providing a source of income for farmers by using their waste materials.
• Beijing Blue Forest Carbon Industry Co., Ltd.: This start-up is focused on the production of activated carbon from agricultural waste materials, such as rice husks and corn cobs. The company's technology allows for the production of high-quality activated carbon at a lower cost and with a smaller environmental footprint.

Considered in this report

• Geography: Asia pacific
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report

• Asia pacific Lingerie market with its value and forecast along with its segments
• Country-wise Lingerie market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report:

• China
• Japan
• India
• Australia
• South Korea

By Product Type:

• Powdered Activated Carbons
• Granular Activated Carbons
• Extruded or Pelletized Activated Carbon
• Others

By Raw Material:

• Coal Based
• Coconut Shell Based
• Wood based
• Others (Petroleum Pitch, etc.)

By Phase:

• Liquid Phase
• Gas Phase

By End Use:

• Water Treatment
• Food & Beverage Processing
• Pharmaceutical & Medical
• Automotive
• Air Purification
• Others

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; the author has started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Activated Carbons industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.