Market Overview:
The global air purification activated carbon market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for activated carbon in various applications such as API production and finished drug production. In addition, the growing awareness about the benefits of using activated carbon in air purification systems is also contributing to the growth of this market. The coal-based activated carbon segment accounted for the largest share of the global air purification activated carbon market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030. This segment is mainly driven by its high efficiency and low cost as compared to other types of activated carbons available in the market.
Product Definition:
Air purification activated carbon is a porous material that is used to remove impurities from air or liquids. It is made from a variety of materials, including coal, wood, and coconut shells. Activated carbon works by attracting and trapping pollutants on its surface.
Coal-Based Activated Carbon:
Coal-based activated carbon, also called activated charcoal or charcoal- Activated carbon is derived from the charring process of hardwood and softwood coal. It has a high content of pores which are filled with air spaces. The pore structure allows it to adsorb gases and chemicals very effectively.
Wood-Based Activated Carbon:
Wood-based activated carbon (WBA) is a form of carbon that is derived from natural sources such as wood, coconut shell charcoal, and other plant materials. Wood-based activated carbon has the ability to remove contaminants in gas and liquid forms. It can also remove contaminants in the vapor phase.
Application Insights:
API production segment dominated the global air purification activated carbon market in terms of revenue share in 2017. This is attributed to stringent regulations on handling and processing of pharmaceutical waste that demand the use of activated carbon for its filtration properties. In addition, rising awareness among manufacturers regarding process optimization through continuous monitoring and control is expected to drive industry growth over the forecast period.
The finished drug production segment is anticipated to witness significant growth over the forecast period owing to extensive usage of Activated Carbon Injections (ACI) for water treatment as well as air purification purposes at various stages including manufacturing, filling & capping, and distribution & storage facilities.
Regional Analysis:
North America dominated the global air purification activated carbon market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in pharmaceutical and chemical industries by various companies for producing APIs and finished drugs, respectively. In addition, growing environmental concerns regarding pollution caused by these industries are anticipated to drive product demand over the forecast period.
The Asia Pacific is projected to witness a significant growth rate from 2018 to 2030 owing with rapid industrialization that has led towards an increase in API production coupled with stringent government regulations pertaining towards water treatment plants for municipal as well as industrial applications Air purification systems have become an integral part of water treatment plants due their ability of reducing contaminants such as asbestos, sulfur dioxide (SO2), formaldehyde (H2S), etc.
Growth Factors:
- Increasing awareness about the health hazards of air pollution and the benefits of air purification systems is driving demand for activated carbon filters in residential and commercial applications.
- Rapid urbanization and industrialization in developing countries is leading to deteriorating air quality, which is fueling demand for activated carbon-based air purification systems.
- The growing popularity of eco-friendly or green building initiatives is also supporting growth in the activated carbon market, as these buildings require advanced filtration systems to ensure healthy indoor air quality.
- Stringent government regulations mandating installation of effective air purification systems in public places such as schools, hospitals, and office buildings are providing a major boost to the market for activated carbon filters worldwide.
- The increasing use of activated carbon filters in vehicles to reduce harmful emissions is another key growth driver for this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Purification Activated Carbon Market Research Report
By Type
Coal-Based Activated Carbon, Wood-Based Activated Carbon, Coconut-Based Activated Carbon
By Application
API Production, Finished Drug Production
By Companies
Kuraray, Jacobi Carbons, Fujian Yuanli Active Carbon, Cabot Norit, Ingevity Corporation, Haycarb, Datong Coal Jinding Activated Carbon, China Energy Investment Corporation, ADA-ES
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Air Purification Activated Carbon Market Report Segments:
The global Air Purification Activated Carbon market is segmented on the basis of:
Types
Coal-Based Activated Carbon, Wood-Based Activated Carbon, Coconut-Based Activated Carbon
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
API Production, Finished Drug Production
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kuraray
- Jacobi Carbons
- Fujian Yuanli Active Carbon
- Cabot Norit
- Ingevity Corporation
- Haycarb
- Datong Coal Jinding Activated Carbon
- China Energy Investment Corporation
- ADA-ES
Highlights of The Air Purification Activated Carbon Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coal-Based Activated Carbon
- Wood-Based Activated Carbon
- Coconut-Based Activated Carbon
- By Application:
- API Production
- Finished Drug Production
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Purification Activated Carbon Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Activated carbon is a material that has been treated with an oxidizing agent to remove impurities. This leaves the carbon with a higher surface area, making it better at adsorbing pollutants and toxins from the air.
Some of the major players in the air purification activated carbon market are Kuraray, Jacobi Carbons, Fujian Yuanli Active Carbon, Cabot Norit, Ingevity Corporation, Haycarb, Datong Coal Jinding Activated Carbon, China Energy Investment Corporation, ADA-ES.
The air purification activated carbon market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Purification Activated Carbon Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Purification Activated Carbon Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Purification Activated Carbon Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Purification Activated Carbon Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Purification Activated Carbon Market Size & Forecast, 2020-2028
4.5.1 Air Purification Activated Carbon Market Size and Y-o-Y Growth
4.5.2 Air Purification Activated Carbon Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Coal-Based Activated Carbon
5.2.2 Wood-Based Activated Carbon
5.2.3 Coconut-Based Activated Carbon
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 API Production
6.2.2 Finished Drug Production
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Purification Activated Carbon Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Purification Activated Carbon Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Coal-Based Activated Carbon
9.6.2 Wood-Based Activated Carbon
9.6.3 Coconut-Based Activated Carbon
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 API Production
9.10.2 Finished Drug Production
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Coal-Based Activated Carbon
10.6.2 Wood-Based Activated Carbon
10.6.3 Coconut-Based Activated Carbon
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 API Production
10.10.2 Finished Drug Production
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Coal-Based Activated Carbon
11.6.2 Wood-Based Activated Carbon
11.6.3 Coconut-Based Activated Carbon
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 API Production
11.10.2 Finished Drug Production
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Coal-Based Activated Carbon
12.6.2 Wood-Based Activated Carbon
12.6.3 Coconut-Based Activated Carbon
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 API Production
12.10.2 Finished Drug Production
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Coal-Based Activated Carbon
13.6.2 Wood-Based Activated Carbon
13.6.3 Coconut-Based Activated Carbon
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 API Production
13.10.2 Finished Drug Production
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Purification Activated Carbon Market: Competitive Dashboard
14.2 Global Air Purification Activated Carbon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kuraray
14.3.2 Jacobi Carbons
14.3.3 Fujian Yuanli Active Carbon
14.3.4 Cabot Norit
14.3.5 Ingevity Corporation
14.3.6 Haycarb
14.3.7 Datong Coal Jinding Activated Carbon
14.3.8 China Energy Investment Corporation
14.3.9 ADA-ES
