The global activated carbon filters market size is estimated at USD 267 Million in 2020 and is projected to reach USD 330 Million by 2025, at a CAGR of 4.4%, between 2020 and 2025. Activated carbon filters are used to remove organic compounds, and free chlorine from water to make it suitable for drinking and reuse in manufacturing processes or to discharge in water bodies. They are used to remove organic elements, such as humic acid and fulvic acid from potable water to prevent the formation of trihalomethanes, a class of carcinogens. They are also used for air/gas filtration in various industries. The filter media, which is used in the filtration process is activated carbon, also known as activated charcoal. Activated carbon is a form of carbon that removes organic compounds from liquids and gases by a process known as “adsorption”. It is extremely porous and thus has a very large surface area available for adsorption. To know about the assumptions considered for the study download the pdf brochure The key players in the activated carbon filters market are TIGG LLC (US), Puragen Activated Carbons (US), Cabot corporation (US), Westech Engineering (US), Kuraray Co. Ltd. (Japan), Lenntech B.V. (The Netherlands), Donau Carbon Gmbh (Germany), General Carbon Corporation (US), Sereco SR.L. (Italy), Carbtrol Corp (US). The activated carbon filters market report analyzes the key growth strategies adopted by the leading market players, between 2016 and 2019, which include expansions, new product developments, and collaborations.
Recent Developments
In January 2020, Kuraray expanded its Mississippi (US) activated carbon plant, which will increase the capacity of the plant by 50 million pounds of granular activated carbon (GAC) annually. GAC is used as filter media in activated carbon filters. This expansion will help the company to cater to the growing needs of activated carbon filters in the North American region.
In April 2020, Cabot Corporation acquired Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN) (China). This acquisition will help the company to strengthen its market position in the APAC region.
In November 2019, Cabot Corporation has expanded its carbon black production facility at Cilegon, Indonesia, by adding 80,000 metric tons of additional annual production capacity. This expansion is aimed at the company’s global expansion strategy to increase its global footprint.
In October 2019, Newterra Ltd. (US), a leading supplier of water solutions to industrial, municipal, and environmental remediation sector, acquired TIGG LLC (US). TIGG LLC will cater to its customers by offering a broad range of filtration solutions and extend its distribution network in the North American region with this acquisition.
In September 2018, Kuraray acquired Calgon Carbons Corporation (US). The company strengthened its position in North America and the global activated carbon filters market with this acquisition.
APAC is estimated to be the largest market for activated carbon filters in 2019. The market for this region is segmented into China, India, Japan, Malaysia, Indonesia, and the Rest of APAC. 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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