Global Activated Carbon Fiber Market: Executive Summary on Trends, Latest Developments, Growth Drivers & Risks, Favourite Brands, and Regional Leaders Overview (Includes Business Impact of COVID-19)

                                          
Activated Carbon Fiber Market by Type (Pitch based ACF, Polyacrylonitrile (PAN) based ACF, Viscose Staple based ACF and Other Material based ACF), by Application (Solvent recovery, Air purification, Water treatment, Catalyst Carrier and Other Applications), and by Region -Global Forecast to 2028., Which offers a holistic view of the Global Activated Carbon Fiber Market through systematic segmentation that covers every aspect of the target market.


The Global Activated Carbon Fiber Market was valued at US$ 367.1Mn in 2018 and is expected to reach US$ 583.5Mn by 2028 at a CAGR of 4.7%.


Activated carbon fibers are prepared from general purpose carbon fibers by a heat treatment in order to achieve a high level of porosity. It is used in filters, face masks, for air purification. Activated carbon is derived from charcoal. It has the name because its surface area is very large as compared to its size. A chemical reaction takes place very easily as the surface area is huge. It is of porous nature and has high adsorption capacity. Activated carbon fiber also referred to as ACF, is a hybrid of activated carbon and carbon fiber. Raw materials for activated carbon fiber are cellulose, polyacrylonitrile, phenolic resin, pitch fibers and others. Activated carbon fiber has speedy adsorption or desorption, good volumetric capacity and high packing density. It is considered great absorbent as well due to the absence of macropore and very few mesopores. Activation process increases existing pores and creates new ones as well. Its cost is somewhat high but so are its applications. It is used in electrochemical applications, medical application, heavy metal removal, catalysis etc.

Due to increasing cognizance amongst the general population regarding pollution and its ill effects, people are relying on air purification, treatment of wastewater, etc. for which activated carbon fibers are used. This is supposed to increase demand for activated carbon fiber. In addition to this Industrial applications of activated carbon fiber are on the rise which is expected to boost the demand for Activated Carbon Fiber market.

Global Activated Carbon Fiber Market Revenue (US$ Mn), 2018“2028


Furthermore, taking into account its advantages, such as high adsorption capacity, good packing density, ease of handling etc. it is mainly used in purification or recovery of chemicals. This is expected to fuel the market growth as the scope of these industries is very large.

However, fluctuation in availability of raw materials required for manufacturing activated carbon fiber could hinder the market growth. Cost of processing activated carbon fiber is an important aspect as each material has different properties. Nonetheless, the vast scope for advancement in applications of activated carbon fiber is expected to drive the growth during the forecasted period.

Global Activated Carbon Fiber Market is segmented based on type, end-user and region. Based on type Pitch based ACF, Polyacrylonitrile (PAN) based ACF, Viscose Staple based ACF and Other Material based ACF. The PAN segment accounts for the majority share in the global Activated Carbon Fiber market, and also it is expected to register the highest growth rate over the forecast period. On the basis of application market is segmented into, Solvent recovery, Air purification, Water treatment, Catalyst Carrier and Other Applications and water treatment segment account for a majority share in the global activated carbon fiber market.

Global Activated Carbon Fiber Market Attractiveness Analysis by Type, 2012“2018

On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America and MEA. APAC accounts for the majority share in the Global Activated Carbon Fiber Market followed by North America owing to increasing cognizance amongst the general population regarding pollution and its ill effects in the region, with APAC registering highest growth rate. South America and MEA are expected to register stable growth over the forecast period.

The research report on the Global Activated Carbon Fiber Market includes profiles of some of the major companies such as Toyobo Co., Ltd., Kuraray Co., Ltd., Unitika Ltd., Gun Ei Chemical Industry Co., Ltd., Taiwan Carbon Technology Co., Ltd. and others.

Key Market Segments:

Type

  
Pitch based activated carbon fiber
  
Polyacrylonitrile (PAN) based activated carbon fiber
  
Viscose Staple based activated carbon fiber

Application

  
Solvent recovery
  
Air purification
  
Water treatment
  
Catalyst Carrier

Key Market Players included in the report:

  
Toyobo Co.Ltd.
  
Kuraray Co.Ltd.
  
Unitika Ltd.
  
Gun Ei Chemical Industry Co.Ltd.
  
Taiwan Carbon Technology Co.Ltd

Key Insights Covered: Global Activated Carbon Fiber Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Activated Carbon Fiber industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Activated Carbon Fiber industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Activated Carbon Fiber industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Activated Carbon Fiber industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Activated Carbon Fiber industry.

Research Methodology: Global Activated Carbon Fiber Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.