World - Activated Carbon - Market Analysis, Forecast, Size, Trends And Insights
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The global activated carbon market is anticipated to experience growth in both volume and value over the next eight years. Consumption trends show China as the leading consumer, with the United States and India following behind. Production trends mirror consumption, with China also leading in production. Import and export figures reveal significant growth, with the United States, China, and India being prominent players in the market.
Market Forecast
Driven by increasing demand for activated carbon worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market volume to 3.1M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.2% for the period from 2022 to 2030, which is projected to bring the market value to $7.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Activated Carbon
In 2022, approx. 2.4M tons of activated carbon were consumed worldwide; leveling off at 2021 figures. The total consumption volume increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak volume of 2.4M tons; afterwards, it flattened through to 2022.
The global activated carbon market revenue amounted to $4.8B in 2022, surging by 7.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +5.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked in 2022 and is likely to see steady growth in years to come.
Consumption By Country
China (619K tons) constituted the country with the largest volume of activated carbon consumption, comprising approx. 26% of total volume. Moreover, activated carbon consumption in China exceeded the figures recorded by the second-largest consumer, the United States (225K tons), threefold. India (203K tons) ranked third in terms of total consumption with an 8.6% share.
From 2012 to 2022, the average annual growth rate of volume in China totaled +6.3%. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+5.2% per year) and India (+3.5% per year).
In value terms, the United States ($877M), China ($870M) and India ($319M) constituted the countries with the highest levels of market value in 2022, with a combined 43% share of the global market. Japan, Germany, Indonesia, the UK, South Korea, Nigeria, Mexico, Italy, Thailand and the Philippines lagged somewhat behind, together comprising a further 30%.
Among the main consuming countries, Germany, with a CAGR of +12.8%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of activated carbon per capita consumption in 2022 were South Korea (1,165 kg per million persons), the UK (920 kg per million persons) and Germany (899 kg per million persons).
From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +10.7%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Activated Carbon
In 2022, the amount of activated carbon produced worldwide dropped to 2.4M tons, flattening at 2021 figures. The total output volume increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 20% against the previous year. Over the period under review, global production attained the peak volume at 2.4M tons in 2019; afterwards, it flattened through to 2022.
In value terms, activated carbon production stood at $4.5B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 21%. Over the period under review, global production attained the maximum level at $4.5B in 2020; afterwards, it flattened through to 2022.
Production By Country
China (872K tons) constituted the country with the largest volume of activated carbon production, comprising approx. 37% of total volume. Moreover, activated carbon production in China exceeded the figures recorded by the second-largest producer, India (337K tons), threefold. The United States (182K tons) ranked third in terms of total production with a 7.6% share.
In China, activated carbon production increased at an average annual rate of +4.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+5.4% per year) and the United States (+3.8% per year).
Imports
World Imports of Activated Carbon
In 2022, the amount of activated carbon imported worldwide expanded sharply to 1M tons, growing by 8.8% on the previous year's figure. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, activated carbon imports skyrocketed to $2.7B in 2022. Overall, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports By Country
In 2022, the United States (111K tons), Germany (100K tons), Japan (86K tons), South Korea (62K tons), Belgium (58K tons), Italy (43K tons), China (43K tons), France (41K tons), the Netherlands (37K tons), the UK (28K tons), Taiwan (Chinese) (27K tons) and India (20K tons) represented the largest importer of activated carbon in the world, creating 64% of total import. Canada (20K tons) took a little share of total imports.
From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +11.8%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($291M), Germany ($260M) and China ($199M) appeared to be the countries with the highest levels of imports in 2022, with a combined 28% share of global imports.
In terms of the main importing countries, China, with a CAGR of +11.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average activated carbon import price stood at $2,638 per ton in 2022, growing by 9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2018 an increase of 13%. Global import price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($4,639 per ton), while France ($1,975 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.8%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Activated Carbon
In 2022, overseas shipments of activated carbon increased by 3.2% to 1M tons, rising for the sixth consecutive year after three years of decline. The total export volume increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 21%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, activated carbon exports surged to $2.6B in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 17%. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
Exports By Country
In 2022, China (295K tons), distantly followed by India (154K tons), Belgium (81K tons), the Philippines (77K tons), the United States (67K tons), Germany (57K tons) and Sri Lanka (56K tons) represented the largest exporters of activated carbon, together constituting 76% of total exports. The Netherlands (40K tons), Australia (30K tons), Indonesia (26K tons), Vietnam (23K tons), Malaysia (20K tons) and Mexico (16K tons) took a little share of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by India (with a CAGR of +9.1%), while the other global leaders experienced more modest paces of growth.
In value terms, China ($580M), the United States ($338M) and India ($312M) were the countries with the highest levels of exports in 2022, with a combined 47% share of global exports. Belgium, Sri Lanka, the Netherlands, the Philippines, Germany, Australia, Vietnam, Indonesia, Mexico and Malaysia lagged somewhat behind, together accounting for a further 39%.
Mexico, with a CAGR of +12.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average activated carbon export price amounted to $2,495 per ton, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,020 per ton), while Indonesia ($1,650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global activated carbon market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20595400 - Activated carbon
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global activated carbon market.
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The global activated carbon market expanded markedly to $4.7B in 2019, rising by 5.4% against the previous year. This...
In value terms, activated carbon imports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the l...
In value terms, activated carbon exports stood at $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate of +X% ove...