According to a new report, published by KBV research, The Global Activated Carbon Filters Market size is expected to reach $2.2 billion by 2031, rising at a market growth of 5.1% CAGR during the forecast period.
The Powdered Activated Carbon segment is anticipating a CAGR of 5.8% during (2024 - 2031). The demand for powdered activated carbon (PAC) is growing in emerging markets, where rapid industrialization and urbanization are leading to increased pollution levels. Countries in Asia Pacific, Latin America, and Africa are witnessing growing demand for PAC-based water and air purification solutions. PAC is also used in air purification systems to remove volatile organic compounds (VOCs), odours, and other airborne pollutants.
The Industrial segment is leading the Global Activated Carbon Filters Market by End User in 2023; thereby, achieving a market value of $929.3 million by 2031. The need for air and water purification, pollution control, and compliance with regulatory requirements drives the segment's growth. As industries focus on sustainability and environmental protection, the demand for activated carbon filters is expected to grow. Additionally, industries are becoming more aware of the importance of providing employees with a safe and healthy working environment.
The B2C segment is registering a CAGR of 6.2% during (2024 - 2031). Manufacturers and retailers promote activated carbon filters through various marketing channels, including social media, influencers, and online advertisements. This has helped raise awareness and drive consumer interest in the product. As a result, consumers are increasingly seeking out air purification solutions, including activated carbon filters, to improve the air quality in their homes. B2C distribution channels, such as online retailers and speciality stores, make it easy for consumers to purchase activated carbon filters.
Full Report: https://www.kbvresearch.com/activated-carbon-filters-market/
The Asia Pacific region dominated the Global Activated Carbon Filters Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $904.8 million by 2031.The North America region is experiencing a CAGR of 4.7% during (2024 - 2031). Additionally, The Europe region would exhibit a CAGR of 4.9% during (2024 - 2031).
By Carbon Type
By End User
By Distribution Channel
By Geography
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