The activated carbon filters market size is projected to grow from USD 267 million in 2020 to USD 330 million by 2025, at a CAGR of 4.4%. Activated carbon filter market has been gaining significance with its major application in water treatment and air purification; the duo being its major applications. Stringent government regulations implying directives for industrial water pollution and quality drinking water have led to fast growth and acceptance of activated carbon filter products. These regulations are being implemented in the regions of Europe and North America and also gaining importance in the APAC region. The policies and regulations implemented by different authorities for supporting the use of activated carbon filters contribute to the growth of the activated carbon filters market.
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Based on type, the market is segmented as stainless-steel shells, carbon steel shells, and others. The stainless steel shell is the largest and fastest-growing type in the activated carbon filter market. The growth of this type is attributed to its properties, such as high corrosion resistance, low maintenance cost, durability, and long life cycle. Also, as the end-use industries, including food & beverages, pharmaceuticals, and chemical are growing, the activated carbon filter applications are increasing in these industries.
Based on application, the market is segmented as industrial water pollution treatment, drinking water purification, food & beverage, pharmaceutical, and others (metal, chemical, oil & gas, refineries, and municipality sewage water treatment). Industrial water pollution is expected to be the largest application due to growing industrial development across the globe. As the industrial sector is growing, the need for industrial wastewater treatment is also growing to control water pollution. The governments in many countries have enforced environmental regulations to prevent pollution caused by industrial effluents. Activated carbon filters are used to reduce contamination levels in industrial wastewater to make it fit for re-use in the manufacturing process or discharge in natural surface water bodies.
The activated carbon filters market in APAC is projected to register the highest CAGR between 2020 and 2025. According to the World Bank, APAC is the fastest-growing region in terms of both population and economy. The region has witnessed significant growth in the past decade, accounting for over one-third of the world’s GDP. High economic growth, coupled with the increasing population, is expected to drive the region’s industrial sector. This is expected to increase the demand for activated carbon filters in water pollution treatment and water purification applications.
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The key companies profiled in this report on the activated caron filters market include TIGG LLC (US), Puragen Activated Carbons (US), Cabot Corporation (US), Westech Engineering (US), Kuraray Co. Ltd. (Japan), Lenntech B.V. (The Netherlands), Donau Carbon Corporation (Germany), General Carbon Corporation (US), Sereco S.R.L. (Italy), Carbtrol Corp (US).
