the carbon removal sector

By 2050, the Carbon Removal Sector will generate $6 billion per year, increasing from $4.5 billion i

It will have 1000 times the demand by 2050
Over 8,000 firms publicly committed to net zero through programs like IKIGAI Biodiversity.

Market Size & Growth

MEA: $212.5M (2021) → $377.85M (2028), CAGR: 8.6%.
EU (Germany): High demand for sustainable activated carbon in water and air purification.

Market Drivers

Water/Air Purification: Urbanization and industrialization increase demand in MEA and EU.
Sustainability: EU policies favor bio-based, high-quality activated carbon.

Pricing & Export Potential

Latest Prices (January 2025):

North America: $1.96/kg
Europe: $2.21/kg
Northeast Asia: $1.60/kg
India: $1.64/kg
Australia: $1.90/kg