Forecast: Activated Carbon Market Size Value in Germany

The activated carbon market in Germany has demonstrated varied growth trends from 2013 to 2023. Early years saw robust increases, such as a 21.4% rise in 2013, tapering to a steadier growth pattern by 2017 with a 6.23% increase. The period from 2018 to 2020 marked significant fluctuations, peaking at 22.65% in 2019 and contracting slightly by -2.52% in 2020. Recent years rebounded with an 18.8% rise in 2022 and a 6.18% growth rate in 2023, setting the market value at 192.22 million euros in 2023.

The Compound Annual Growth Rate (CAGR) over the last five years averages 7.28%, anticipating a slowing yet positive trend of 3.93% CAGR forecasted for the next five years from 2024 to 2028. These figures suggest a cumulative market growth of 21.26% over this forecast period.

Future trends to monitor include advancements in sustainable manufacturing practices, increased adoption of activated carbon in water treatment and air purification amid stringent environmental regulations, and potential disruptors from emerging alternative technologies.