Activated Carbon Filters Market by Type and Geography - Forecast and Analysis 2022-2026

The Activated Carbon Filters Market is projected to grow by USD 70.62 million with a CAGR of 4.6% during the forecast period 2021 to 2026.

This activated carbon filters market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the activated carbon filters market segmentation by type (stainless steel shell and carbon steel shell) and geography (APAC, North America, Europe, South America, and the Middle East and Africa). The activated carbon filters market report also offers information on several market vendors, including Advanced Emissions Solutions Inc., Bionics Consortium Pvt. Ltd., Cabot Corp., Carbtrol Corp., Condorchem Envitech SL, Donau Carbon GmbH, Ecologix Environmental Systems LLC, Eureka Forbes Ltd., General Carbon Corp., Haycarb PLC, KURARAY Co. Ltd., Kureha Corp., Lenntech BV, Newterra Ltd., ProMinent GmbH, Puragen Activated Carbons, SERECO Srl, Silcarbon Aktivkohle GmbH, WesTech Engineering LLC, and Wolftechnik Filtersysteme GmbH & Co. KG among others.

What will the Activated Carbon Filters Market Size be During the Forecast Period?

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Activated Carbon Filters Market: Key Drivers, Trends, and Challenges

The increased demand for products in industries for water purification is notably driving the activated carbon filters market growth, although factors such as technical limitations of activated carbon products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the activated carbon filters market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Activated Carbon Filters Market Driver

The increased demand for products in industries for water purification is one of the key factors driving the global activated carbon filters market growth. The global population has been growing significantly, especially in developing countries like India and China. As per The World Bank Group, the global population increased by around 12.2% during 2010-2020. In addition, the urban population in China grew from 42.52% in 2005 to 60.35% in 2020. Rapid urbanization in developing countries has led to the emergence of many industries. Industrialization plays a vital role in the growth of an economy. However, rapid industrialization in many countries has also led to the pollution of freshwater sources and the depletion or rising scarcity of freshwater resources. The construction, food and beverage, oil and gas, power, mining, refineries, steel manufacturing, electronics, and pharmaceutical industries involve processes that contaminate water resources and increase wastewater generation. Thus, the rapid growth of industries has resulted in stress on water resources, which will propel the growth of the global activated carbon filters market during the forecast period.

Key Activated Carbon Filters Market Trend

The growing demand for pollution control will fuel the global activated carbon filters market growth. The increased need for mercury control technology in industrial air purification applications is expected to propel the demand for activated carbon filters. In coming years, it will become mandatory for large manufacturing facilities, including coal-fired power plants, cement plants, and other facilities with large industrial boilers, to adhere to the stringent new regulations on the emissions of mercury and other hazardous air pollutants imposed by the US Environmental Protection Agency (EPA). Many countries have passed legislation, guidelines, and action plans to reduce mercury emissions. For example, in nations such as Canada and the US, new regulations were expected to take effect in 2021, which would compel coal-fired power stations to update specific mercury-control equipment. Many countries, such as Australia and Japan are majorly focusing on developing programs in order to control mercury emissions released from coal-fired power plants with the goal of adopting more stringent standards in the near future. Such factors are expected to increase the demand for activated carbon filters for the purification of polluted air in industries, which will drive the growth of the global activated carbon filters market during the forecast period.

Key Activated Carbon Filters Market Challenge

The technical limitations of activated carbon products are the major challenge to the global activated carbon filters market growth. The performance of activated carbon products such as filters depends on the proportion of activated carbon used in them. Activated carbon filters do not remove all contaminants or impurities present in the air or water. They are insensitive to a few chemicals, such as nitrates of sodium and heavy metals. Activated carbon filters also fail to remove a few variants of pathogenic bacteria and viruses and, sometimes, even act as their breeding ground. Moreover, they can cause clogging and channeling of impurities. Another limitation of activated carbon is that its storage requires certain precautions to be taken. The area where activated carbon is stored should maintain low oxygen conditions. The oxygen content in the storage vessel or tank that contains activated carbon should be determined whenever workers enter it. It is advised that the product should be stored in a cool, dry, and well-ventilated area. Prolonged storage of activated carbon products may result in lumping or cracking. Such factors can become a major challenge for the growth of the global activated carbon filters market during the forecast period.

This activated carbon filters market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global activated carbon filters market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the activated carbon filters market during the forecast period.

Who are the Major Activated Carbon Filters Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Advanced Emissions Solutions Inc.
• Bionics Consortium Pvt. Ltd.
• Cabot Corp.
• Carbtrol Corp.
• Condorchem Envitech SL
• Donau Carbon GmbH
• Ecologix Environmental Systems LLC
• Eureka Forbes Ltd.
• General Carbon Corp.
• Haycarb PLC
• KURARAY Co. Ltd.
• Kureha Corp.
• Lenntech BV
• Newterra Ltd.
• ProMinent GmbH
• Puragen Activated Carbons
• SERECO Srl
• Silcarbon Aktivkohle GmbH
• WesTech Engineering LLC
• Wolftechnik Filtersysteme GmbH & Co. KG

 

This statistical study of the activated carbon filters market encompasses successful business strategies deployed by the key vendors. The activated carbon filters market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• westech-inc.com - The company offers activated carbon filters, namely Multicell horizontal pressure filters.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The vendor profiles are designed to help clients improve their market position, and information on production and sustainability along with this the report provides a detailed analysis of several leading Companies.

Activated Carbon Filters Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the activated carbon filters market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global industrial machinery market includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Activated Carbon Filters Market?

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51% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the activated carbon filters market in APAC. Market growth in this region will be faster than the growth of the market in regions.

The increasing demand for products in different industries for water purification will facilitate the activated carbon filters market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 severely affected economic growth in APAC. To limit the spread of the disease, the governments of India, China, Japan, Australia, Vietnam, and other countries imposed stringent lockdowns. This led to the shutdown of operations in manufacturing industries, which led to a decline in the demand for activated carbon filters from manufacturing units for water pollution treatment purposes. Moreover, the supply chain for the raw materials required for the manufacturing of activated carbon filters was also disrupted during the pandemic in 2020. All these factors negatively affected the growth of the activated carbon filters market in APAC in 2020. However, with the lifting of the lockdowns owing to large-scale vaccination conducted across APAC, operations in manufacturing industries resumed in the second half of 2020. This increased the demand for activated carbon filters in manufacturing units for the removal of pollutants from the water used in industrial processes. Moreover, the demand for activated carbon filters is rapidly increasing from drinking water purification units, which is expected to drive the growth of the activated carbon filters market in APAC during the forecast period.

What are the Revenue-generating Type Segments in the Activated Carbon Filters Market?

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The activated carbon filters market share growth in the stainless steel shell segment will be significant during the forecast period. Stainless steel shell was the largest segment of the global activated carbon filters market in 2021 in terms of revenue. The stainless steel shell segment is anticipated to account for the highest share of the overall activated carbon filters market during the forecast period. The growth of stainless steel shell-activated carbon filters is attributed to their anti-corrosion properties and durability. Additionally, stainless steel is also known to offer a consistently accurate performance even when subjected to extreme heat. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the activated carbon filters market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Activated Carbon Filters Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.6%
Market growth 2022-2026	$70.62 million
Market structure	Fragmented
YoY growth (%)	4.2
Regional analysis	APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution	APAC at 51%
Key consumer countries	US, China, Japan, India, Germany, and Italy
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Advanced Emissions Solutions Inc., Bionics Consortium Pvt. Ltd., Cabot Corp., Carbtrol Corp., Condorchem Envitech SL, Donau Carbon GmbH, Ecologix Environmental Systems LLC, Eureka Forbes Ltd., General Carbon Corp., Haycarb PLC, KURARAY Co. Ltd., Kureha Corp., Lenntech BV, Newterra Ltd., ProMinent GmbH, Puragen Activated Carbons, SERECO Srl, Silcarbon Aktivkohle GmbH, WesTech Engineering LLC, and Wolftechnik Filtersysteme GmbH & Co. KG
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Activated Carbon Filters Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive activated carbon filters market growth during the next five years
• Precise estimation of the activated carbon filters market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the activated carbon filters industry across APAC, North America, Europe, South America, and the Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of activated carbon filters market vendors

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