Europe Activated Carbon Market Size

Statistics for the 2023 & 2024 Europe Activated Carbon market size, created by Mordor Intelligence™ Industry Reports. Europe Activated Carbon size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Europe Activated Carbon Industry

Europe Activated Carbon Market Summary
Study Period 2019-2029
Base Year For Estimation 2023
Market Size (2024) USD 0.98 Billion
Market Size (2029) USD 1.27 Billion
CAGR (2024 - 2029) 5.41 %
Market Concentration High

Major Players

Europe Activated Carbon Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Europe Activated Carbon Market Analysis

The Europe Activated Carbon Market size is estimated at USD 0.98 billion in 2024, and is expected to reach USD 1.27 billion by 2029, growing at a CAGR of 5.41% during the forecast period (2024-2029).

The COVID-19 pandemic negatively impacted the activated carbon market globally as end-user industries were significantly affected. However, the activated carbon market recovered from the pandemic and grew significantly.

  • Over the short term, augmenting prominence for air pollution control (especially mercury removal) is expected to drive the market.
  • Conversely, the threat of substitutes, like silica gel, and the development of better alternatives are expected to hinder market growth.
  • Emerging applications in the medical and pharmaceutical sectors are anticipated to create future opportunities.
  • Germany held the largest market share and is anticipated to dominate throughout the forecast period.

Europe Activated Carbon Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)