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The size of the global market for activated carbon fiber (ACF) was estimated at USD 1 billion in 2022 and is anticipated to increase from USD 1.10 billion in 2023 to USD 1.79 billion by 2030, at a CAGR of 8% over the forecast period (2023-2030).
Activated carbon fibers (ACFs) combine the best qualities of activated carbon with carbon fiber. These are carbon materials that have been engineered to have a clearly defined porous structure, a large surface area, and a higher absorption capacity. These are made from cellulose, polyacrylonitrile, phenolic resin, pitch fiber, and other raw ingredients. ACFs are employed in several chemical recovery processes as well as the purification of contaminated gaseous and aqueous streams.
The need for drinking water purification, rising industrial applications, rising ACF usage in air purification and carbon filter materials, and rising wastewater treatment awareness among consumers are the key factors driving the global market for activated carbon fiber. Due to the accelerated industrialization of growing economies like China and India and the rise in personal discretionary income, the Asia-Pacific region is predicted to experience significant growth. However, the high price of carbon fiber and the erratic supply of raw materials could limit industry expansion. Additionally, the potential use of ACFs in new applications and the spike in demand from developing markets are anticipated to present prospects for industry growth.
Due to the increased demand for water purification and wastewater treatment applications, there will be an increase in the demand for activated carbon fiber. The US Environmental Protection Agency (EPA) will be enforcing strict new water pollution control standards for wastewater and other hazardous water pollutants in the coming years, and these facilities, including production industries, in the US, Europe, and Asia will be required to comply.
The available water resources are being contaminated by the discharge of industrial and residential wastewater into the water sources. The water supply must be cleaned, wastewater toxins must be eliminated, and necessary bacteria must be prevented from growing in order to ensure that it is safe to drink. Water is a vital requirement for many manufacturing processes, however during the production process, a large amount of the water becomes contaminated and becomes wastewater. It will therefore be necessary to treat the wastewater created in this manner before it can be dumped in a sewer, surface water, or even recycled. A brand-new and developing technique used to treat wastewater and effluent is called an aerated bioreactor. The challenging to biodegrade industrial organic effluent was successfully disposed of using the high modulus polyacrylonitrile (PAN)-based ACF as a biomembrane carrier. The market for activated carbon fiber is expanding as a result of the usage of ACF as a bio membrane carrier in the wastewater disposal procedure.
Activated carbon fibers are expensive, and the cost of producing them is rising along with the cost of raw materials. Fluctuating raw material costs and shifting foreign exchange rates have led to greater raw material costs and higher production costs overall. Among other ACF-related items, ACF powder is the priciest. Market growth for activated carbon fiber is constrained by the fact that manufacturers must pay additional charges on top of the cost of raw materials as a result of rising energy taxes, which results in higher operating costs and lower profit margins.
Due to their large surface area and adsorption abilities, activated carbon fibers are frequently employed in air and water purification applications. The rising demand for clean, safe air and water across numerous businesses and locations was one of the major themes. Concerns about pollution, industrial pollutants, and the desire for better indoor air quality were the driving forces for this development. The market for activated carbon fiber experienced growing acceptance in industries like automotive, industrial, and municipal water treatment as legislation and awareness about environmental issues grew.
The investigation of activated carbon fibers for energy storage applications, particularly in supercapacitors, was another noteworthy development. A unique characteristic of activated carbon fibers that made them desirable candidates for energy storage devices was their high surface area. The demand for effective energy storage technology increased as electric vehicles and renewable energy sources gained popularity. The performance and efficiency of supercapacitors could be improved by activated carbon fibers, which could have a significant impact on energy storage options.
Report Coverage
Global Activated Carbon Fiber research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Activated Carbon Fiber report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Activated Carbon Fiber competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Activated Carbon Fiber market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Activated Carbon Fiber market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Activated Carbon Fiber market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Toyobo, Kuraray, Gun Ei Chemical Industry, Kejing Carbon Fiber, Taiwan Carbon Technology, Anhui Jialiqi, Jiangsu Tongkang, Nantong Senyou, Unitika, Evertech Envisafe Ecology, Osaka Gas Chemicals Group - Japan, Teijin Limited - Japan, Kureha Corporation - Japan, Awa Paper Mfg. Co., Ltd. - Japan, Hayleys Group - Sri Lanka, Solvay S.A. - Belgium, Spintek Filtration Inc. - USA, Nippon Kynol, Inc. - Japan, Anshan Sinocarb Carbon Fibers Co., Ltd. - China, Neenah Gessner GmbH - Germany, Mitsubishi Chemical Corporation - Japan, SGL Carbon SE - Germany, Murata Manufacturing Co., Ltd. - Japan, Cabot Corporation - USA, Takeda Pharmaceutical Company Limited - Japan (Takeda Carbon Fiber), Wacker Chemie AG - Germany.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Activated Carbon Fiber market based on the below-mentioned segments:
Global Activated Carbon Fiber Market, By Material
CELLULOSE BASED ACF
POLYACRYLONITRILE (PAN) BASED ACF
PHENOLIC RESIN BASED ACF
PITCH-BASED ACF
OTHER MATERIALS BASED ACF
Global Activated Carbon Fiber market, By Application
AIR PURIFICATION
WATER TREATMENT
CHEMICAL RECOVERY
CATALYST CARRIER
OTHERS
Global Activated Carbon Fiber market, Regional Analysis
Activated carbon fibers (ACFs) combine the best qualities of activated carbon with carbon fiber. These are carbon materials that have been engineered to have a clearly defined porous structure, a large surface area, and a higher absorption capacity. These are made from cellulose, polyacrylonitrile, phenolic resin, pitch fiber, and other raw ingredients. ACFs are employed in several chemical recovery processes as well as the purification of contaminated gaseous and aqueous streams.
The need for drinking water purification, rising industrial applications, rising ACF usage in air purification and carbon filter materials, and rising wastewater treatment awareness among consumers are the key factors driving the global market for activated carbon fiber. Due to the accelerated industrialization of growing economies like China and India and the rise in personal discretionary income, the Asia-Pacific region is predicted to experience significant growth. However, the high price of carbon fiber and the erratic supply of raw materials could limit industry expansion. Additionally, the potential use of ACFs in new applications and the spike in demand from developing markets are anticipated to present prospects for industry growth.
Due to the increased demand for water purification and wastewater treatment applications, there will be an increase in the demand for activated carbon fiber. The US Environmental Protection Agency (EPA) will be enforcing strict new water pollution control standards for wastewater and other hazardous water pollutants in the coming years, and these facilities, including production industries, in the US, Europe, and Asia will be required to comply.
The available water resources are being contaminated by the discharge of industrial and residential wastewater into the water sources. The water supply must be cleaned, wastewater toxins must be eliminated, and necessary bacteria must be prevented from growing in order to ensure that it is safe to drink. Water is a vital requirement for many manufacturing processes, however during the production process, a large amount of the water becomes contaminated and becomes wastewater. It will therefore be necessary to treat the wastewater created in this manner before it can be dumped in a sewer, surface water, or even recycled. A brand-new and developing technique used to treat wastewater and effluent is called an aerated bioreactor. The challenging to biodegrade industrial organic effluent was successfully disposed of using the high modulus polyacrylonitrile (PAN)-based ACF as a biomembrane carrier. The market for activated carbon fiber is expanding as a result of the usage of ACF as a bio membrane carrier in the wastewater disposal procedure.
Activated carbon fibers are expensive, and the cost of producing them is rising along with the cost of raw materials. Fluctuating raw material costs and shifting foreign exchange rates have led to greater raw material costs and higher production costs overall. Among other ACF-related items, ACF powder is the priciest. Market growth for activated carbon fiber is constrained by the fact that manufacturers must pay additional charges on top of the cost of raw materials as a result of rising energy taxes, which results in higher operating costs and lower profit margins.
Due to their large surface area and adsorption abilities, activated carbon fibers are frequently employed in air and water purification applications. The rising demand for clean, safe air and water across numerous businesses and locations was one of the major themes. Concerns about pollution, industrial pollutants, and the desire for better indoor air quality were the driving forces for this development. The market for activated carbon fiber experienced growing acceptance in industries like automotive, industrial, and municipal water treatment as legislation and awareness about environmental issues grew.
The investigation of activated carbon fibers for energy storage applications, particularly in supercapacitors, was another noteworthy development. A unique characteristic of activated carbon fibers that made them desirable candidates for energy storage devices was their high surface area. The demand for effective energy storage technology increased as electric vehicles and renewable energy sources gained popularity. The performance and efficiency of supercapacitors could be improved by activated carbon fibers, which could have a significant impact on energy storage options.
Report Coverage
Global Activated Carbon Fiber research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Activated Carbon Fiber report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Activated Carbon Fiber competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Activated Carbon Fiber market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Toyobo, Kuraray, Gun Ei Chemical Industry, Kejing Carbon Fiber, Taiwan Carbon Technology, Anhui Jialiqi, Jiangsu Tongkang, Nantong Senyou, Unitika, Evertech Envisafe Ecology, Osaka Gas Chemicals Group - Japan, Teijin Limited - Japan, Kureha Corporation - Japan, Awa Paper Mfg. Co., Ltd. - Japan, Hayleys Group - Sri Lanka, Solvay S.A. - Belgium, Spintek Filtration Inc. - USA, Nippon Kynol, Inc. - Japan, Anshan Sinocarb Carbon Fibers Co., Ltd. - China, Neenah Gessner GmbH - Germany, Mitsubishi Chemical Corporation - Japan, SGL Carbon SE - Germany, Murata Manufacturing Co., Ltd. - Japan, Cabot Corporation - USA, Takeda Pharmaceutical Company Limited - Japan (Takeda Carbon Fiber), Wacker Chemie AG - Germany. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Activated Carbon Fiber Market from 2021 to 2030.
- Market Forecast for Activated Carbon Fiber Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Activated Carbon Fiber competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Activated Carbon Fiber
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Activated Carbon Fiber market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Activated Carbon Fiber market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Toyobo, Kuraray, Gun Ei Chemical Industry, Kejing Carbon Fiber, Taiwan Carbon Technology, Anhui Jialiqi, Jiangsu Tongkang, Nantong Senyou, Unitika, Evertech Envisafe Ecology, Osaka Gas Chemicals Group - Japan, Teijin Limited - Japan, Kureha Corporation - Japan, Awa Paper Mfg. Co., Ltd. - Japan, Hayleys Group - Sri Lanka, Solvay S.A. - Belgium, Spintek Filtration Inc. - USA, Nippon Kynol, Inc. - Japan, Anshan Sinocarb Carbon Fibers Co., Ltd. - China, Neenah Gessner GmbH - Germany, Mitsubishi Chemical Corporation - Japan, SGL Carbon SE - Germany, Murata Manufacturing Co., Ltd. - Japan, Cabot Corporation - USA, Takeda Pharmaceutical Company Limited - Japan (Takeda Carbon Fiber), Wacker Chemie AG - Germany.
Primary Target Market
- Market Players of Activated Carbon Fiber
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Activated Carbon Fiber market based on the below-mentioned segments:
Global Activated Carbon Fiber Market, By Material
CELLULOSE BASED ACF
POLYACRYLONITRILE (PAN) BASED ACF
PHENOLIC RESIN BASED ACF
PITCH-BASED ACF
OTHER MATERIALS BASED ACF
Global Activated Carbon Fiber market, By Application
AIR PURIFICATION
WATER TREATMENT
CHEMICAL RECOVERY
CATALYST CARRIER
OTHERS
Global Activated Carbon Fiber market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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