Activated carbon fiber (ACF) primarily is a micro porous material that possesses a fiber shape and a porous structure that is well-defined and extracted out of wood, coconuts, coal, nutshells and peat. Generally, the production of this promising micro porous material can be made commercially by using synthetic carbon fiber by providing an additional activation process. The ACF is extensively used in multiple processes like purifying liquids and gases in different type of applications. These process is inclusive of food and beverage processing, purification of the municipal drinking water, treating odor and curtailing the rising levels of industrial pollution. The global activated carbon fiber (ACF) market is rampantly progressing owing to numerous factors.
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Similar to numerous markets, the global activated carbon fiber (ACF) market too suffered adversely during the coronavirus pandemic. This slump in the revenue generated by this market was due to trade curbs, lack of labor and travelling restrictions. Also, the level of pollution significantly fell during the pandemic as most of industries were shut, ultimately lowering the demand for activated carbon fiber (ACF).
One of the biggest factor that is driving the growth of the global activated carbon fiber (ACF) market is increasing environmental concerns related to rising levels of air and water pollution. Also, the fact that surging demand of activated carbon fiber fabrics from the protective clothing industry helps this market grow. Meanwhile, growing concerns that are related to degradability of synthetic raw materials will play a huge restraining factor in the growth of the global activated carbon fiber (ACF) market. Irrespective of few hurdles, the global activated carbon fiber (ACF) market is forecasted to see tremendous growth over the period of forecast due to growing government initiatives for offering purified drinking water across rural areas, especially nations that are developing.
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Key Takeaways – Global Activated Carbon Fiber (ACF) Market:
- The cellulose-based segment mints maximum amount of money for this market because it extensively used in production of air purifiers and water filters. The demand for cellulose-based ACF will remain high as levels of pollution are continuously rising.
- Non-woven felt segment is expected to make money at the fastest rate over the period of next few years as it is being used creating numerous filters that are brought in use to purify water.
- The growth of ecommerce industries due to internet boom will help the direct sales channel to grow as the consumers can directly connect with the ACF manufacturers.
- The region of Asia Pacific will make money for the global activated carbon fiber (ACF) market at the fastest rate due to rising levels of pollution in developing countries like India and China. Also, favorable government policies will also help the market grow in this region.
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Some of the major players operating in the global activated carbon fiber (ACF) market are listed below:
- Anhui Jiahang Carbon Fiber Co. Ltd
- Auro Carbon & Chemicals
- AWA PAPER & TECHNOLOGICAL COMPANY, Inc
- Evertech Envisafe Ecology Co. Ltd
- Gunei Chemical Industry Co., Ltd
- HP Materials Solutions, Inc.
- Jiangsu Tongkang
- KURARAY CO., LTD
- Mitsubishi Chemical Holdings Corporation
- SO-EN CO. LTD
- Taiwan Carbon Technology Co., Ltd
- Toyobo co., Ltd
- UNITIKA LTD
- Other Market Participants
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Global Activated Carbon Fiber (ACF) Market
- Phenolic Resins Based
- Mesophase Pitch Based
- Polyacrylonitrile (PAN) Based
- Corrugated Paper
- Non-woven Felt
- Solvent Recovery Systems
- Deodorization Filters
- Clean Waters Filters
- Air Purifying Filters
- Sanitary Materials
- Biomedical Application
- Natural Gas and Biogas Storage
- Protective Masks and Clothing
- Electronics & Electrical Appliances
- Water Filters
- Air Conditioners
- Power & Energy
By Distribution Channel
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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