EUROPE ACTIVATED CARBON MARKET FORECAST 2023-2032

The United Kingdom, Germany, France, Italy, Spain, and Rest of Europe are assessed for the Europe activated carbon market growth analysis. The majority of the United Kingdom’s demand for activated carbon is generated through industrial processing for scrubbing activities and water treatment for purification. In this regard, water treatment is a significant end-user for activated carbon and is thus anticipated to offer numerous opportunities for the region’s activated carbon market growth. There are approximately 400 ships in the United Kingdom with scrubbing operations, utilizing nearly 4 million tons of fuel every year. Therefore, the need for industrial processing is also expected to increase with the growing scrubbing operations within the nation’s marine division

In France, activated carbon is mainly used in water treatment, the food & beverage sector, and industrial processing. While water treatment is the leading end-user, industrial processing is anticipated to grow at a significant rate in the country, as well. France’s carbon dioxide emissions surged by approximately 3.6% over the targeted 447 million tons of CO2 emissions. As a result, the country is revising its low-carbon strategy to establish new targets, minimize emissions, and make France carbon neutral by the year 2050. Hence, these factors are set to be influential in augmenting the activated carbon market growth in Europe over the forecasted period.

The Europe activated carbon market is segmented into product type, raw material, and end-user. The raw material segment entails coal, coconut shell, wood, and other raw materials. Coal-based activated carbon is available in four different base material types, including anthracite, bituminous, sub-bituminous, and lignite, comprising meso-, micro-, and macro-pore structures. This unique pore distribution makes coal-based activated carbon an ideal solution for the removal of molecular structures ranging from large to small. Some of its main applications include improving taste in liquids, odor control in liquid & vapor phase applications, purification of wastewater and potable water, as well as liquid decolorization. Furthermore, coal-based carbon is also available in granular, powder, and extruded (pelletized) forms.

The top players operating in the Europe activated carbon market include Silcarbon Atkivkohle GmbH, BASF SE, Donau Carbon GmbH, etc.

BASF SE, headquartered in Germany, is one of the largest chemical producers globally. With subsidiaries as well as joint ventures in more than 80 countries, the BASF Group operates 390 production sites across Europe, Australia, Asia, the Americas, and Africa, in addition to six integrated production facilities. The company’s six main business segments include industrial solutions, chemicals, materials, nutrition & care, surface technologies, and agricultural solutions.