The activated carbon market is experiencing strong growth driven by increasing demand for effective pollution control and purification solutions across various industries. Valued at over USD 5 billion in 2025, it is expected to nearly double by 2032, reaching close to USD 10 billion with a CAGR of around 8-9%. Key applications include water and wastewater treatment, air filtration, automotive emission control, food and beverage processing, and pharmaceuticals. Market growth is propelled by stringent environmental regulations, rising awareness about clean water and air, and innovations in activated carbon production from sustainable raw materials like coconut shells and wood. Asia Pacific leads the market due to rapid industrialization and urbanization, followed by North America and Europe. Major players continue investing in research, advanced technologies, and capacity expansions to address global environmental challenges and tap emerging market opportunities.
In May 2025, Cabot Corporation launched a new series of high-purity activated carbon products tailored for lithium-ion battery applications. These advanced materials are engineered to boost energy storage efficiency, enhance electrical conductivity, and extend battery life cycles. As the global shift toward electric vehicles and large-scale energy storage systems accelerates, the demand for high-performance carbon materials continues to grow. Cabot’s strategic product launch positions the company to serve this rapidly expanding market segment, reinforcing its role as a key player in the energy storage supply chain and supporting the global transition to cleaner technologies.
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