Activated Carbon For Automotive Market Size, Share, Growth, and Industry Analysis, By Type (Extruded, & Granular), By Downstream Industry (Activated Carbon Canisters, Cabin Air Filters, & Automotive Capacitors), and Regional Forecast to 2032

Updated On: 04 November 2024

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ACTIVATED CARBON FOR AUTOMOTIVE MARKET OVERVIEW

The global activated carbon for automotive market size was USD 663.1 million in 2023 and is projected to touch USD 1177.6 million by 2032, exhibiting a CAGR of 8.55% during the forecast period.

Automotive application is one of the high-growth areas in the activated carbon market owing to increasing vehicle demands in emission control and in-cabin air purification. Effective adsorption of VOCs and hydrocarbons by active carbon has thus rendered it useful in a number of automobile-related applications. To name a few special requirements, these include evaporative emission control systems, cabin air filters, and fuel vapor recovery systems, which are quite helpful in reducing harmful emissions and even further improving interior air quality within the vehicle. Stringent environmental regulations, apart from rising awareness relating to air quality, have contributed to increased incorporation of more activated carbon technologies into this segment by the automotive industry, especially for regulatory requirements and improvement of vehicle performance.

The market is also driven by the increasing vehicle production and increased use of electric and hybrid vehicles, which also apply AC for improved battery functionality and odor control. However, North America and Europe dominated due to strict emission norms and high demand for advanced technology in automotive. However, rapid industrialization, urbanization, and growing vehicle production in developing countries like China and India are making the Asia-Pacific region a very attractive market. Hence, technological advances and product innovations pertaining to activated carbon products-reasons for better adsorption capacity and longevity-are likely to provide further impetus to this market.

GLOBAL CRISES IMPACTING ACTIVATED CARBON FOR AUTOMOTIVE MARKET COVID-19 IMPACT

Activated Carbon for Automotive Industry Had A Positive Effect Due to Increased Focus on Air Quality Inside Vehicles Due To COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

C COVID-19 Impact on Automotive Activated Carbon Market Key drivers: Rising in-cabin air quality As awareness among people is rising with regards to diseases being transmitted through the air, more advanced filtration systems are being demanded. This increases the use of activated carbon filters for purer cabin air and for better protection of passengers.

LATEST TREND

"Growing Adoption of Advanced Filtration Technologies to Drive Market Growth"

Increasing demand for advanced filtration technology, use of sustainable material, and other ongoing trends are a few of the current trends in the automotive activated carbon market. Current stringent environmental regulations have also resulted in high demand for high-performance activated carbon that can capture a broader range of pollutants, including VOC and NOx emissions. The manufacture of activated carbon, too, is veering towards eco-friendly modes of production and renewable sources of raw materials with the aim of reducing the carbon footprint of automotive components. Since car manufacturers are in a race to add value even to the smallest of components, new usages are being tried out for the said component, like using the active carbon in the batteries of EVs for value addition by enhancing storage and efficiency, which again reflects the bigger trend for cleaner and greener automotive technologies.

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ACTIVATED CARBON FOR AUTOMOTIVE MARKET SEGMENTATION

BY TYPE

Based on Type, the global market can be categorized into extruded and granular

• Extruded Activated Carbon: Extruded activated carbon typically takes the form of cylindrical shapes, and its common applications in emission controls on automobiles require low pressure drop with high mechanical strength. Thus, this type can be applied to the cans of activated carbon which can help in the capture of fuel vapors through adsorption and hence reduce the level of emissions from the vehicle.

• Granular Activated Carbon: Granular activated carbon is composed of irregular particles and embodies a larger surface area with high adsorption capacity. This finding renders it worth employing in cabin air filters since odors, gases, and other air impurities present within any vehicle are thoroughly swept out by this component; hence, it creates comfort for passengers and raises indoor air quality.

BY DOWNSTREAM INDUSTRY

Based on application, the global market can be categorized into activated carbon canisters, cabin air filters, & automotive capacitors

• Activated Carbon Canisters: These are employed in evaporative emission control systems to adsorb fuel vapors from the fuel tank, preventing their escape into the atmosphere. Activated carbon canisters are pivotal in terms of hydrocarbon emission reduction and meeting strict environmental regulations.

• Cabin Air Filters: The cabin air filters with activated carbon for air purification purposes stand not only for catching dust and pollen but also odor and harmful gases within the vehicle. Such applications enhance comfort to passengers and offer increased safety with the assurance of a cleaner environment inside the cabin.

• Automotive Capacitors: It has been used in automotive capacitors due to its high electrical conductivity and huge surface area manifested, which in turn increased the energy storage capacity and efficiency. Application relevance is increasingly gaining momentum with the rate of adoption for electric and hybrid vehicles where capacitors become extremely crucial to energy management systems.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

DRIVING FACTORS

"Stringent Emission Regulations to Drive the Market"

The overall implementation of stringent emission regulations across the world acts as one of the key driving factors of the activated carbon for automotive market growth in automotive applications. By considering its effect on the ecosystem, various governments and regulatory authorities are imposing strict limits on vehicle emissions regarding air pollutants emitted by vehicles. In an emission control system, the role of activated carbon finds applications in evaporative emission canisters and exhaust systems since it is used for absorbing and neutralizing harmful pollutants, which tends to drive up demand.

"Rising Demand for Improved Cabin Air Quality to Promote Growth of the Market"

The demand for better in-vehicle interior air quality is driven by increasing consumer awareness of health and safety. As more consumers become concerned about clean, fresh air inside the driving environment, sophisticated in-cabin air filtration systems employing activated carbon are increasingly sought after. These filters would be able to efficiently remove odors, allergens, and air pollutants, greatly raising passenger comfort and the incorporation of activated carbon into automotive applications.

RESTRAINING FACTOR

"High Production Costs May Potentially Hinder Market Growth "

One of the major deterring factors in the automotive activated carbon market is the high production cost for raw materials of activated carbon. This can be explained by the complication of the multi-step and high-temperature activation process with special equipment, hence increasing the cost of production. The steep prices will, in turn, drive up the cost of automotive components that apply activated carbon and hence may dampen the growth of the market.

OPPORTUNITY

"Increasing Adoption of Electric and Hybrid Vehicles To Create Opportunity for the Product in the Market"

One of the big factors deterring growth in the automotive-activated carbon market is the high production cost of raw materials to make the activated carbon. This might be attributed to the complicated multi-step and high-temperature activation process with special equipment, hence increasing the cost of production. Steep prices eventually drive up the cost of automotive components that apply activated carbon and may dampen growth in the market.

CHALLENGE

"Volatility in Raw Material Price Might Act as a Potential Disruptor for the Manufacturers"

The key factor hindering the growth of the activated carbon market includes volatility in raw material prices and disruption in supply chain. The manufacturing of activated carbon is carried out from a few raw materials that might be in the form of coal, coconut shell, or wood. Variability in either prices or availability causes fluctuations either in one or the other. Therefore, geopolitical crises and global calamities that disrupted supply chains of raw materials around the world might have raised the cost of production and further reduced the pace of production. This easily causes instability that overflows into general dynamics in the market and, eventually, overall availability and affordability of activated carbon for automotive purposes.

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ACTIVATED CARBON FOR AUTOMOTIVE MARKET REGIONAL INSIGHTS

NORTH AMERICA

North America has a significant activated carbon for automotive market share due to stringent environmental regulations and high demand for advanced automotive technologies. The region has a massive concentration of automotive industries, driven by strict emission standards, which fuels the demand for activated carbon in applications such as emission control systems and cabin air filters. Performance improvement efforts to meet regulatory requirements are creating ample opportunities for growth in the market. United States activated carbon for automotive market has most of the share in the in the region due to the presence of a large number of automotive manufacturing bases and also one of the most regulated markets when it comes to emissions.

EUROPE

Another important market for activated carbon in the automotive sector is Europe, given its prevalent emphasis on environmental sustainability and innovation. With strict EU emission norms and a greater infusion of electric and hybrid vehicles, advanced varieties of activated carbon solutions are on higher demand. European car manufacturers are investing in the improvement of air quality and reduction of emissions through advanced technologies, thereby increasing the growth of the activated carbon market in this region.

ASIA

The Asia-Pacific region, particularly China and India, is a fast-emerging market for activated carbon applications in the automotive field. An increase in vehicle production, urbanization, and rising consciousness about the environment are among the major reasons that are expected to drive the market. In other words, rising automotive manufacturing and higher stringency of regulatory standards in emission controls and air filtration systems manufacturing will drive demand for the product. Besides this, rising electric vehicle adoption and technological advancements in the automotive sector further continue to strengthen growth in the region.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market Through Innovation and Market Expansion"

Major participants in the activated carbon for automotive market are engaged in various activities to strengthen their position and capture emerging industry needs. Key companies are investing in research and development to innovate and further improve the performance of the material by increasing the adsorption capacity and extending life. They also try to be in tune with the numerous global environmental regulatory policies and consumer preferences for green technologies through their practice of sustainability in the use of renewable raw materials and eco-friendly production processes. Further, the company pursues strategic collaborations and partnerships with automotive manufacturers to take advantage of advanced activated carbon solutions that can be integrated into new models to meet the higher demand for effective emissions control and cabin air quality. All these efforts will open more ways to market growth and will help retain competitiveness in this fast-changing arena of automotive.

LIST OF TOP ACTIVATED CARBON FOR AUTOMOTIVE COMPANIES

• Haycarb (Sri Lanka)
• Kuraray (Japan)
• Fujian Zhixing (China)
• Fujian Xinsen Carbon (China)
• Fujian Yuanli Active Carbon (China)
• MuLinSen Activated Carbon (China)
• Osaka Gas Chemicals (Japan)
• Cbot Norit (Netherlands)
• Ingevity Corporation (United States)

KEY INDUSTRY DEVELOPMENT

September 2024: Ingevity Corporation Announces Expansion of its Activated Carbon Plant to Expand Capacities to meet Rapid Demand Growth for its Innovative Filtration Products for the Automotive Market to Address Cabin Air and Emission Control Applications.

REPORT COVERAGE

The report has focused on the global activated carbon for automotive market with respect to key market aspects, such as market size, growth, and segmentation by type and downstream industry. Though driven by increasing stringency of vehicle emission-related regulations and demand for improved cabin air quality, high production cost and volatile raw material prices present challenges in this market as well. The regional highlights are provided for North America, Europe, and Asia. The regional sections also extend in-depth information on market dynamics, opportunities, and key players operating in the industry. Added to this, the report covers recent news, such as the facility expansion by Ingevity Corporation. Besides, the report answers key questions about the market trends and forecasts.