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Market Overview of Global Granular Activated Carbon market:
According to our latest research, the global Granular Activated Carbon market looks promising in the next 5 years. As of 2022, the global Granular Activated Carbon market was estimated at USD 1674.74 million, and it's anticipated to reach USD 2441.61 million in 2028, with a CAGR of 6.48% during the forecast years.
Granular Activated Carbon (GAC) is made from organic raw materials with high carbon content, such as coconut shells or coal. It is a professional water filter medium, which is composed of loose carbon particles with an irregular shape, and the size range is 0.2mm to 5mm. It is mainly used to reduce chlorine and related pollutants in influent water. It can improve the taste, color and smell of water and play a huge role in various applications including drinking water, hot drinks such as tea and coffee and mixed drinks.
The COVID-19 epidemic affects the industrial chain.
The COVID-19 epidemic is bound to impact the production and operation of enterprises, hinder the circulation of the industrial chain, and have a negative impact on the economy of the Granular Activated Carbon industry and downstream industries. Affected by the epidemic, many countries and regions have taken measures such as flight control, entry control, import suspension and tariff increase. Some cross-border logistics channels were interrupted, many factories were shut down, and the multinational manufacturing supply chain was impacted. The key intermediate products, raw materials and production equipment required by industrial production in various countries will face a certain risk of "disconnection" on a global scale. Even countries with relatively perfect industrial sectors have been hit hard. This is mainly reflected in the shortage of raw materials, labor force interruption, traffic interruption, product failure to deliver to customers, and insufficient utilization rate of overall capacity due to the above factors. What's more, the COVID-19 epidemic is not completely stable at present, and its impact on the Granular Activated Carbon industry and downstream industries will continue.
Increasing demand for water treatment applications
With the increasing demand for clean and safe drinking water, the demand for granular activated carbon products is also increasing. The market growth can be attributed to the characteristics of granular activated carbon products, including a high surface area for adsorption, which can easily remove impurities, such as oils, microorganisms, odor and taste transmitters and chemicals. Including providing industrial solutions, municipal groundwater filtration systems, etc. The exponential growth of the population also leads to consumers' high demand for freshwater, which leads to an increase in clean water consumption. The increasingly serious water pollution forces the government authorities to implement strict industrial wastewater treatment regulations. This makes many industries, such as paper making, chemical industry, paint and dye industry, add water treatment equipment to their facilities, thus increasing the demand for charcoal to remove pollutants.
Strict water resources management policy
With the increasing population around the world and the increasing demand for high-quality water, the supply of clean fresh water is rapidly becoming tenser and tenser. Governments all over the world pay more attention to water resources, and the introduction of relevant policies will increase the public's attention to water resources management, thus promoting the demand for water resources management and driving the demand for water treatment products such as activated carbon. For example, Germany's "Sewage Charge Law" (AbwAG) established a sewage charge system. Federal policy plans, including the Safe Drinking Water Act and the Clean Water Act coordinated by the Environmental Protection Agency (EPA), provide treatment and discharge regulations, funding plans, and a framework for operating and applying innovative water and wastewater treatment technologies. EPA implements the federal clean water and safe drinking water law, provides support for municipal sewage treatment plants, and participates in pollution prevention work aimed at protecting river basins and drinking water sources. The EU Water Framework Directive (WFD) establishes a legal framework to protect and restore clean water in the EU and ensure its long-term sustainable use. It is supplemented by more specific legislation, such as the Drinking Water or Bathing Water Directive, the Flood Directive, and the Marine Strategic Framework Directive, as well as international agreements. China's Water Pollution Prevention and Control Plan, etc. As the government and organizations pay more and more attention to environmental protection, more and more policies and regulations have been promulgated. This is one of the main factors to promote the development of the water treatment industry, and also one of the factors to promote the development of the granular activated carbon industry.
Region Overview:
Asia Pacific had the highest growth rate of all regions
Company Overview:
KURARAY is one of the major players operating in the Granular Activated Carbon market, holding a share of 25.67% in 2023.
KURARAY
KURARAY CO., LTD. manufactures synthetic and chemical fibers. The Company provides special resin, man-made leather, fine chemicals, and non-woven fabrics used as apparel and industrial materials. Kuraray also produces pharmaceutical and medical products such as dialyzers and dental-care products.
Jacobi Carbons (OSAKA GAS)
Jacobi Carbons production and sale of carbon fiber and its applied material (molded insulators, nonwoven felt, lightweight acoustic insulator); Production and sale of activated carbon, activated carbon fiber and adsorbent (air-conditioning filters, water purifier cartridges, etc.); Production and sale of Fine Materials (for liquid crystals, optics, and electronics field); Production and sale of wood preservatives, termite control products, and industrial preservatives. Jacobi Carbons was acquired by OSAKA GAS in 2014.
Segmentation Overview:
Among different product types, Coal Based segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Water Treatment segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Granular Activated Carbon market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Granular Activated Carbon Market Report:
Market Size Estimates: Granular Activated Carbon market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Granular Activated Carbon market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Granular Activated Carbon market
Segment Market Analysis: Granular Activated Carbon market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Granular Activated Carbon market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Granular Activated Carbon Market: Revenue and sales volume of major countries in each region
Granular Activated Carbon Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Granular Activated Carbon market in major regions.
Granular Activated Carbon Industry Value Chain: Granular Activated Carbon market raw materials & suppliers, manufacturing process, distributors, downstream customers
Granular Activated Carbon Industry News, Policies & Regulations
Key players in the global Granular Activated Carbon market are covered in Chapter 12:
HUAHUI ENVIRONMENTAL TECHNOLOGY CO., LTD.
Jinding Activated Carbon
Carbo tech
Haycarb PLC
Jacobi Carbons (OSAKA GAS)
Euroquarz GmbH
Silcarbon Aktivkohle
Fujian Yuanli Active Carbon Co.,Ltd.
Donau Chemie Group
Norit
KURARAY
Sorbent
In Chapter 2 and Chapter 15.1, based on types, the Granular Activated Carbon market from 2018 to 2028 is primarily split into:
Coal Based
Wood Based
Coconut Shell Based
Others
In Chapter 3 and Chapter 15.2, based on applications, the Granular Activated Carbon market from 2018 to 2028 covers:
Water Treatment
Industrial Processes
Food & Beverage
Pharma
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Granular Activated Carbon market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028