Activated Carbon Fiber (ACF) Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4360
Activated Carbon Fiber Market size will be observing an extensive growth in the coming years impelled by rising product demand from water treatment industry. Activated carbon fiber (ACF) are solid materials which exhibit excellent properties such as high surface area and absorption capacity, rapid adsorption and desorption rates and ease of fabrication. These properties makes it highly applicable for air purification, water treatment, chemical recovery, among various others. Stringent regulations imposed by regional regulatory bodies to promote water treatment activities will have subsequent positive impact on the activated carbon fiber market size in the coming years.
Activated carbon fiber is increasingly being used for water treatment activities as it can perform better absorption capacities and rates for low molecular weight pollutants. Also, the product can be easily regenerated which is another added benefits associated with its use across various applications. Consistently growing demand for fresh water and its limiting demand has been triggering waste water treatment activities across the globe. For instance, the volume of renewable water per capita has declined by 22% in the past 20 years. Also, rapid industrialization and urbanization activities in the emerging economies resulted in release of wastewater into the environment from industries and household. These activities has devastating effect on the environment as the water release comprise of harmful chemicals which heavily affects the ecosystem. These trends will help generate lucrative opportunities for the overall market growth in the forecast timeframe.
High carbon fiber cost coupled with fluctuations in the raw material prices may hamper the overall product demand in the forthcoming years. However, ongoing research in the field suggests that there is wide scope of development in the field of ACF in advanced technologies to construct energy efficient and high quality environment in near future. These trends will generate ample opportunities for the overall activated carbon fiber market size in the forecast spell.
Based on material, activated carbon fiber market is categorized into cellulose based, phenolic resin, polyacrylonitrile (PAN), pitch based and others. Natural and regenerated cellulosic fibers are used to prepare ACF’s using chemical activation. The key constituents of the product are C, H, ash and O; however, C content is usually higher in natural cellulosic fibers. Product’s surface morphology and surface area plays the major role in carrying out adsorption. ACF’s adsorption capacity is higher owing to their hollow structures, micropores on the surface and its large surface area. These properties makes it highly preferable across applications such as water treatment, air purification, chemical recovery, etc.
Based on end-user, activated carbon fiber market is bifurcated into air purification, water treatment, chemical recovery, catalyst carrier and others. activated carbon fiber (ACF) market for air purification segment is expected to drive witness promising gains in the coming years. Product is widely used in combination with high-efficiency particulate air (HEPA) filters to catch known allergens and impurities such as dust, mold spores, lint, smoke, pet hair, common household chemicals, benzene and other VOC compounds. Another key end-user segment in the market is water treatment which is likely to drive the overall market growth in the coming years. This is majorly attributed to growing environmental concerns which led to formulation of several policies and laws to promote wastewater treatment activities majorly in the industry segment.
Europe activated carbon fiber market is expected to hold a substantial share of the total industry share in 2018. This is majorly attributed to strong product demand from wastewater treatment industry which is supported by European Union (EU). For instance, EU has been funding Central and Eastern European countries to comply with the high standards of drinking water directive and Urban Wastewater Treatment Directive (UWWTD). These trends will help drive the overall product demand in the upcoming time period.
Some of the major activated carbon fiber (ACF) market players are AKSA, Cytec Industries, FPC, Hexcel, Carbon Fibre Technologies, Dalian Sinke, Henan Yongmei, Jilin Petrochemical, Mitsubishi Rayon, Nippon Carbon, SGL and SINOCARB. Most of these players are engaged in planning strategic moves such as merger or acquisition with small or medium scale players, capacity expansion, etc. to meet the rising product demand and gain profit margins in the longer run.
By Material, 2014-2025 (Tons) (USD Million)
- Cellulose based
- Polyacrylonitrile (PAN) based
- Phenolic resin based
- Pitch based
By End user, 2014-2025 (Tons) (USD Million)
- Air Purification
- Water Treatment
- Chemical Recovery
- Catalyst Carrier
The above information has been provided for the following regions and countries:
- North America
- South Korea
- Latin America
- South Africa
- Saudi Arabia
- Cytec Industries
- Carbon Fibre Technologies
- Dalian Sinke
- Henan Yongmei
- Jilin Petrochemical
- Mitsubishi Rayon
- Nippon Carbon
What Information does this report contain?
Customize this Report
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability
Benefits of Association
Data Coverage & Quality
GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.
Client Trust & Security
GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.
Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.