Long-Range Ordered Porous Carbon Market to Reach $270 Million by 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 28 2025
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Source: Globenewswire
- Market Growth: The Global Long-Range Ordered Porous Carbon market is projected to reach $270 million by 2024 and grow to $350 million by 2030 at a CAGR of 4.38%, reflecting strong demand for sustainable energy storage systems.
- Surge in EV Demand: According to the IEA, the deployment of batteries for electric vehicles grew by 40% in 2023, with approximately 14 million new EVs produced, driving demand for high-performance LOPC materials, particularly in advanced batteries and supercapacitors.
- Production Cost Challenges: Despite the superior performance characteristics of LOPC materials, high production costs hinder widespread adoption in price-sensitive sectors, especially as lithium-ion battery costs have plummeted from $800 per kWh in 2013 to below $200 per kWh in 2023.
- Water Treatment Applications: LOPC is increasingly significant in advanced separation and filtration technologies, with global demand for clean water propelling this trend, as global desalination capacity surpassed 120 million cubic meters per day in 2023, highlighting the urgent need for efficient membrane technologies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
