Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Activated Carbon Fiber (ACF) Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 4.8% during the review period (2022 to 2027).
Increasing environmental concerns related to air and water pollution, coupled with activated carbon fiber’s superior properties in comparison to that of powdered activated carbons (PAC) and granular activated carbons (GAC) are expected to drive the demand for the market during the forecast period.
ACFs own superior properties of carbon fiber and activated carbon. These are a modified form of carbon materials with well-defined porous structure, high surface area, and higher absorption capacity. Raw materials employed in synthesizing these include cellulose, polyacrylonitrile, phenolic resin, pitch fiber, and others. ACFs are used in purification of polluted gaseous streams and aqueous streams and numerous chemical recovery operations. The global ACF market is driven by rise in awareness for wastewater treatment among people, growth in usage of activated carbon fibers in air purification and carbon filter material, rise in industrial applications, and necessity of drinking water purification.
Industry News:
Mar 24, 2022: Toyobo Co., Ltd. (Toyobo) and Mitsubishi Corporation (MC) announced agreement to establish a new joint venture company1 that will specialize in the planning, development, manufacturing and sales of functional materials. The terms of our agreement call for the new company to commence operations in January 2023 or sometime thereabouts.
By Type, it is segmented into
By Applications
North America is expected to hold dominance in the activated carbon fiber market and held around 34% volumetric shares in 2020. The dominance is attributed to stringent government regulations, presence of industry participants, along with establishment of new passenger car production facilities in the region. The growing chemical industry in the region along with the rising number of people suffering from Chronic Kidney Decease (CKD) is expected to drive the demand for ACF products.Asia Pacific is the major producer of ACF across the globe and expected to generate around USD 270 million revenue in 2020. The region has witnessed a high demand for activated carbon fiber products in the recent years owing to stringent air pollution regulations adopted by China, India, and other regional economies. Latin America and the MEA exhibit low to moderate growth owing to a limited distribution network in the region along with high import tax policies.
Report Attributes
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Report Details |
Forecast Period 2022 to 2027 CAGR |
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By Type |
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By Applications |
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By Companies
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| Toyobo, Kuraray, Unitika, Gunei Chem, Evertech Envisafe Ecology, Taiwan Carbon Technology, Awa Paper, HP Materials Solutions, Sutong Carbon Fiber, Jiangsu Tongkang, Anhui Jialiqi, Nantong Senyou, Kejing Carbon Fiber, Nantong Beierge, Nantong Yongtong, Xintong ACF, Nature Technology, Hailan Filtration Tech, Sinocarb Carbon Fibers, Nantong Jinheng, Zichuan Carbon Fiber |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Number of Pages |
| 136 |
Customization Available
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| Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Activated Carbon Fiber (ACF) Market is studied from 2017 - 2027.
What is the growth rate of Activated Carbon Fiber (ACF) Market?
The Activated Carbon Fiber (ACF) Market is growing at a CAGR of 4.8% over the next 5 years.
Who are the key players in Activated Carbon Fiber (ACF) Market?
Toyobo, Kuraray, Unitika, Gunei Chem, Evertech Envisafe Ecology, Taiwan Carbon Technology, Awa Paper, HP Materials Solutions, Sutong Carbon Fiber, Jiangsu Tongkang, Anhui Jialiqi, Nantong Senyou, Kejing Carbon Fiber, Nantong Beierge, Nantong Yongtong, Xintong ACF, Nature Technology, Hailan Filtration Tech, Sinocarb Carbon Fibers, Nantong Jinheng, Zichuan Carbon Fiber
What region does this Activated Carbon Fiber (ACF) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Activated Carbon Fiber (ACF) Market?
Pitch Based Activated Carbon Fiber, Polyacrylonitrile (PAN) Based Activated Carbon Fiber, Viscose Staple Based Activated Carbon Fiber, Others
What are the major Applications of Activated Carbon Fiber (ACF) Market?
Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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