Activated Carbon Fiber (ACF) Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026

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
• Others

By End user, 2014-2025 (Tons) (USD Million)

• Air Purification
• Water Treatment
• Chemical Recovery
• Catalyst Carrier
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• APAC
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
• Latin America
  • Brazil
  • Mexico
• MEA
  • South Africa
  • Saudi Arabia
  • UAE

Company Profiles:

• AKSA
• Cytec Industries
• FPC
• Hexcel
• Carbon Fibre Technologies
• Dalian Sinke
• Henan Yongmei
• Jilin Petrochemical
• Mitsubishi Rayon
• Nippon Carbon
• SGL
• SINOCARB

What Information does this report contain?