Activated Carbon Market: Introduction In terms of value, the global activated carbon market is anticipated to expand at a CAGR of ~8% from 2020 to 2030 and reach US$ 7.3 Bn by 2030. Asia Pacific dominated the global activated carbon market in terms of volume in 2019. It is estimated to be the leading region of the global activated carbon market during the forecast period. The water treatment industry is projected to offer lucrative opportunities for the activated carbon market in the near future.