The Global Activated Carbon Filters Market size is expected to reach $2.2 billion by 2031, rising at a market growth of 5.1% CAGR during the forecast period.
The rapid industrialization and urbanization in countries like China, India, and Southeast Asian nations have led to increased pollution levels. Thus, the Asia pacific region captured 40.8% revenue share in the market 2023. As a result, there is a growing need for air and water purification solutions, driving the demand for this. Additionally, the Asia Pacific region faces water scarcity and pollution challenges. An estimated 500 million people in Asia and the Pacific do not have access to a basic water supply, and 1.14 billion people lack access to sanitation, according to data from the WHO/UNICEF Joint Monitoring Programme for Water Supply, Sanitation and Hygiene (JMP).
The rising concern for indoor air quality and the increasing prevalence of respiratory diseases drive the demand for air purifiers, which often use it. People are becoming more conscious of the air they breathe indoors, especially considering indoor air can be more polluted than outdoor air.
Additionally, by introducing new features and improvements, manufacturers can differentiate their products, attract new customers, and create opportunities for market expansion. The development of multi-stage filtration systems signifies the extent of innovation in this market. Thus, the rapid industrialization in developing countries drives the demand for it.
However, the high initial cost of purchasing and installing this is a significant consideration for consumers and industries evaluating their air and water purification options. Compared to other technologies, activated carbon filters can require a larger upfront investment. Thus, while activated carbon filters excel in removing a wide range of contaminants, their effectiveness against heavy metals and microbial pathogens is more limited and thus impedes market growth.
The rapid industrialization and urbanization in countries like China, India, and Southeast Asian nations have led to increased pollution levels. Thus, the Asia pacific region captured 40.8% revenue share in the market 2023. As a result, there is a growing need for air and water purification solutions, driving the demand for this. Additionally, the Asia Pacific region faces water scarcity and pollution challenges. An estimated 500 million people in Asia and the Pacific do not have access to a basic water supply, and 1.14 billion people lack access to sanitation, according to data from the WHO/UNICEF Joint Monitoring Programme for Water Supply, Sanitation and Hygiene (JMP).
The rising concern for indoor air quality and the increasing prevalence of respiratory diseases drive the demand for air purifiers, which often use it. People are becoming more conscious of the air they breathe indoors, especially considering indoor air can be more polluted than outdoor air.
Additionally, by introducing new features and improvements, manufacturers can differentiate their products, attract new customers, and create opportunities for market expansion. The development of multi-stage filtration systems signifies the extent of innovation in this market. Thus, the rapid industrialization in developing countries drives the demand for it.
However, the high initial cost of purchasing and installing this is a significant consideration for consumers and industries evaluating their air and water purification options. Compared to other technologies, activated carbon filters can require a larger upfront investment. Thus, while activated carbon filters excel in removing a wide range of contaminants, their effectiveness against heavy metals and microbial pathogens is more limited and thus impedes market growth.
Driving and Restraining Factors
Drivers- Increasing demand for air purifiers
- Continuous innovation in product design and technology
- Rapid industrialization in developing countries
- High initial cost of purchasing and installing.
- Limited effectiveness for certain contaminants
- Emergence of nanotechnology and advanced materials
- Expanding water treatment industry
- Competition from alternative technologies
- Lack of awareness about the benefits of activated carbon filters
Carbon Type Outlook
On the basis of carbon type, the market is classified into granular activated carbon and powdered activated carbon. The granular activated carbon segment acquired 71.4% revenue share in the market in 2023. Granulated activated carbon (GAC) is widely used for water and wastewater treatment due to its high adsorption capacity and effectiveness in removing contaminants such as organic compounds, chlorine, and heavy metals.End Use Outlook
Based on end user, the market is characterized into residential, industrial, pharmaceutical, and food & beverages. The pharmaceutical segment procured a 13.8% growth rate in the market in 2023. Activated carbon filters are used in the pharmaceutical industry to purify water used in various processes, such as manufacturing, cleaning, and laboratory analysis.Distribution Channel Outlook
Based on Distribution Channel, the market is segmented into B2B and B2C. The B2B segment witnessed 76% revenue share in the market in 2023. The increasing purchase of this through B2B distribution channels is driven by the efficiency, convenience, and access to a wide range of suppliers these channels offer businesses.Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment acquired 28.2% revenue share in the market in 2023. There is a growing awareness among consumers in North America about the health risks associated with air and water pollution.List of Key Companies Profiled
- 3M Company
- Kuraray Europe GmbH (Kuraray Co., Ltd.)
- CPL/Puragen Activated Carbons (Invica Industries Group Limited)
- Newterra Ltd. (Frontenac Company)
- WesTech Engineering, LLC
- General Carbon Corporation
- Chemietron Clean Tech Pvt. Ltd.
- Lenntech B.V.
- Sereco Srl
- Ecolab Inc.
Market Report Segmentation
By Carbon Type- Granular Activated Carbon
- Powdered Activated Carbon
- Industrial
- Residential
- Pharmaceutical
- Food & Beverages
- B2B
- B2C
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Global Activated Carbon Filters Market by Carbon Type
Chapter 5. Global Activated Carbon Filters Market by End User
Chapter 6. Global Activated Carbon Filters Market by Distribution Channel
Chapter 7. Global Activated Carbon Filters Market by Region
Chapter 8. Company Profiles
Companies Mentioned
- 3M Company
- Kuraray Europe GmbH (Kuraray Co., Ltd.)
- CPL/Puragen Activated Carbons (Invica Industries Group Limited)
- Newterra Ltd. (Frontenac Company)
- WesTech Engineering, LLC
- General Carbon Corporation
- Chemietron Clean Tech Pvt. Ltd.
- Lenntech B.V.
- Sereco Srl
- Ecolab Inc.
Methodology
LOADING...