Activated Carbon Fiber Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Natural, Synthetic), By Application (Air Purification, Water Treatment, Catalyst Carrier, Others), By Region and Competition

August 2023 | 113 pages | ID: A574550E32A3EN
TechSci Research

Abstracts

Global Activated Carbon Fiber market is expected to grow significantly through 2028 owing to the growing demand for water treatment activities. In 2021, the North American water and wastewater treatment market increased by 6.5 %.

Demand of activated carbon fiber is anticipated to be driven by growing environmental concerns about air and water pollution as well as activated carbon fiber's better properties as compared to powdered and granular activated carbons, resulting in the growth of Global Activated Carbon Fiber market during the forecast period.

Growing Adoption for Wastewater Treatment Activities

As activated carbon fiber has tendency to absorb low molecular weight pollutants, it is being employed more often in water treatment processes. Another benefit associated with its service in several applications is the substance's ability to regenerate fast. The global adoption of wastewater disposal methods has been motivated by the steadily increasing demand for fresh water and its constrained supply. Wastewater from industries and homes has been released into the environment as a result of rapid industrialization and urbanization trends in emerging nations. These wastewater releases have a terrible influence on the environment because they include harmful compounds that have a negative impact on the atmosphere.

For instance, the Council on Energy, Environment, and Water (CEEW) collaborated with the 2030 Water Resources Group regarding the improvements of wastewater management in India.

Therefore, the increasing demand for water treatment is expected to drive the growth of Global Activated Carbon Fiber market during the forecast period.

Rising Demand from the Air Purification Industry

Activated carbon fibers are frequently used in air cleaning due to its adsorbing property. In many different sectors and labs, high-purity gases are necessary. Impurities such as moisture, oxygen, hydrocarbons, and sulfur compounds can interfere with the operation of the gases or cause them to be used less effectively. Therefore, the need for industrial gas filtration results in increasing the demand for activated carbon fibers.

Gas purification is necessary for gas masks, preserving interior air quality, controlling emissions and odors, cleaning the cabin air in aero planes, and controlling vehicle emissions.

For instance, according to the Environmental Protection Agency U.S., the transportation sector accounts for over 29% of greenhouse gas emissions.

Additionally, owing to the diversified uses of gases and rising worries about air pollution increasing the demand for Global Activated Carbon Fiber market during the forecast period.

Raising Prevalence of Chronic Kidney Disease (CKD)

A feasible alternative to dialysis for individuals with end-stage renal illness is activated carbon fiber because it binds to urea and other toxins and lessens the amount of waste that must pass through the kidneys. Additionally, in people with chronic renal illness, oral activated carbon fiber successfully postpones the onset of hyperphosphatemia. Additionally, it prevents individuals with stage 3-5 CKD from developing vascular calcifications.

For instance, according to Public Health England 3.2 million people in England aged 16 and above have chronic kidney disease (CKD) stages 3-5, and the prevalence of CKD stage 3-5 is projected to rise in the upcoming years based on current scenario.

Owing to increase in CKD stages 3-5 cases, the demand for Global Activated Carbon Fiber market is expected to increase during the forecast period.

Recent Developments

• In November 2022, in order to design, develop, produce, and promote functional materials, Toyobo Co. Ltd. and Mitsubishi Corporation agreed to form a new joint venture business.
• Toyobo adopted fiber material for premier seats in new Jumbo Ferry ship first time in October 2022.
• In April 2022, Kobe university & Toyobo signed an agreement for research & development.
• Kuraray Co., Ltd. declared that its American subsidiary, Calgon Carbon Corporation (hereafter 'Calgon Carbon'), has agreed to increase production capacity at its Pearl River Plant in Mississippi, USA, in June 2020.

Market Segmentation

Global Activated Carbon Fiber Market is segmented based on type, application, and region. Based on type, the market is further bifurcated into natural, and synthetic. Based on application, the market is segregated into air purification, water treatment, catalyst carrier, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Company Profiles

Anshan Sinocarb Carbon Fibers Co., Ltd., Kuraray Co., Ltd., Awa Paper & Technological Company, Inc., Toyobo Co. Ltd., Hangzhou Nature Technology Co., Ltd., Evertech Envisafe Ecology Co., Ltd., HPMS Graphite, Osaka Gas Chemicals Co., Ltd., Auro Carbon & Chemicals, and Unitika Ltd. are some of the key players in the global Activated Carbon Fiber market.

Report Scope:

In this report, Global Activated Carbon Fiber market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

• Activated Carbon Fiber Market, By Type:
• Natural
• Synthetic
• Activated Carbon Fiber Market, By Application:
• Air Purification
• Water Treatment
• Catalyst Carrier
• Others
• Activated Carbon Fiber Market, By Region:
• North America
• United States
• Mexico
• Canada
• Europe
• France
• Germany
• United Kingdom
• Spain
• Italy
• Asia-Pacific
• China
• India
• South Korea
• Japan
• Malaysia
• South America
• Brazil
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in global Activated Carbon Fiber market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. PRODUCT OVERVIEW

1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
  1.2.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. EXECUTIVE SUMMARY

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. VOICE OF CUSTOMER

5. GLOBAL ACTIVATED CARBON FIBER MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value & Volume
5.2. Market Share & Forecast
  5.2.1. By Type (Natural, Synthetic)
    5.2.1.1. Natural Type (Cotton, Bamboo, Others)
    5.2.1.2. Synthetic Type (Cellulose Based, Polyacrylonitrile (PAN) Based, Others)
  5.2.2. By Application (Air Purification, Water Treatment, Catalyst Carrier, Others)
  5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
  5.2.4. By Company (2022)
5.3. Market Map
  5.3.1. By Type
  5.3.2. By Application
  5.3.3. By Region

6. NORTH AMERICA ACTIVATED CARBON FIBER MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value & Volume
6.2. Market Share & Forecast
  6.2.1. By Type
  6.2.2. By Application
  6.2.3. By Country
6.3. Pricing Analysis
6.4. North America: Country Analysis
  6.4.1. United States Activated Carbon Fiber Market Outlook
    6.4.1.1. Market Size & Forecast
      6.4.1.1.1. By Value & Volume
    6.4.1.2. Market Share & Forecast
      6.4.1.2.1. By Type
      6.4.1.2.2. By Application
  6.4.2. Mexico Activated Carbon Fiber Market Outlook
    6.4.2.1. Market Size & Forecast
      6.4.2.1.1. By Value & Volume
    6.4.2.2. Market Share & Forecast
      6.4.2.2.1. By Type
      6.4.2.2.2. By Application
  6.4.3. Canada Activated Carbon Fiber Market Outlook
    6.4.3.1. Market Size & Forecast
      6.4.3.1.1. By Value & Volume
    6.4.3.2. Market Share & Forecast
      6.4.3.2.1. By Type
      6.4.3.2.2. By Application

7. EUROPE ACTIVATED CARBON FIBER MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value & Volume
7.2. Market Share & Forecast
  7.2.1. By Type
  7.2.2. By Application
  7.2.3. By Country
7.3. Pricing Analysis
7.4. Europe: Country Analysis
  7.4.1. France Activated Carbon Fiber Market Outlook
    7.4.1.1. Market Size & Forecast
      7.4.1.1.1. By Value & Volume
    7.4.1.2. Market Share & Forecast
      7.4.1.2.1. By Type
      7.4.1.2.2. By Application
  7.4.2. Germany Activated Carbon Fiber Market Outlook
    7.4.2.1. Market Size & Forecast
      7.4.2.1.1. By Value & Volume
    7.4.2.2. Market Share & Forecast
      7.4.2.2.1. By Type
      7.4.2.2.2. By Application
  7.4.3. United Kingdom Activated Carbon Fiber Market Outlook
    7.4.3.1. Market Size & Forecast
      7.4.3.1.1. By Value & Volume
    7.4.3.2. Market Share & Forecast
      7.4.3.2.1. By Type
      7.4.3.2.2. By Application
  7.4.4. Spain Activated Carbon Fiber Market Outlook
    7.4.4.1. Market Size & Forecast
      7.4.4.1.1. By Value & Volume
    7.4.4.2. Market Share & Forecast
      7.4.4.2.1. By Type
      7.4.4.2.2. By Application
  7.4.5. Italy Activated Carbon Fiber Market Outlook
    7.4.5.1. Market Size & Forecast
      7.4.5.1.1. By Value & Volume
    7.4.5.2. Market Share & Forecast
      7.4.5.2.1. By Type
      7.4.5.2.2. By Application

8. ASIA-PACIFIC ACTIVATED CARBON FIBER MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value & Volume
8.2. Market Share & Forecast
  8.2.1. By Type
  8.2.2. By Application
  8.2.3. By Country
8.3. Pricing Analysis
8.4. Asia-Pacific: Country Analysis
  8.4.1. China Activated Carbon Fiber Market Outlook
    8.4.1.1. Market Size & Forecast
      8.4.1.1.1. By Value & Volume
    8.4.1.2. Market Share & Forecast
      8.4.1.2.1. By Type
      8.4.1.2.2. By Application
  8.4.2. India Activated Carbon Fiber Market Outlook
    8.4.2.1. Market Size & Forecast
      8.4.2.1.1. By Value & Volume
    8.4.2.2. Market Share & Forecast
      8.4.2.2.1. By Type
      8.4.2.2.2. By Application
  8.4.3. South Korea Activated Carbon Fiber Market Outlook
    8.4.3.1. Market Size & Forecast
      8.4.3.1.1. By Value & Volume
    8.4.3.2. Market Share & Forecast
      8.4.3.2.1. By Type
      8.4.3.2.2. By Application
  8.4.4. Japan Activated Carbon Fiber Market Outlook
    8.4.4.1. Market Size & Forecast
      8.4.4.1.1. By Value & Volume
    8.4.4.2. Market Share & Forecast
      8.4.4.2.1. By Type
      8.4.4.2.2. By Application
  8.4.5. Malaysia Activated Carbon Fiber Market Outlook
    8.4.5.1. Market Size & Forecast
      8.4.5.1.1. By Value & Volume
    8.4.5.2. Market Share & Forecast
      8.4.5.2.1. By Type
      8.4.5.2.2. By Application

9. SOUTH AMERICA ACTIVATED CARBON FIBER MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value & Volume
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By Application
  9.2.3. By Country
9.3. Pricing Analysis
9.4. South America: Country Analysis
  9.4.1. Brazil Activated Carbon Fiber Market Outlook
    9.4.1.1. Market Size & Forecast
      9.4.1.1.1. By Value & Volume
    9.4.1.2. Market Share & Forecast
      9.4.1.2.1. By Type
      9.4.1.2.2. By Application
  9.4.2. Argentina Activated Carbon Fiber Market Outlook
    9.4.2.1. Market Size & Forecast
      9.4.2.1.1. By Value & Volume
    9.4.2.2. Market Share & Forecast
      9.4.2.2.1. By Type
      9.4.2.2.2. By Application

10. MIDDLE EAST AND AFRICA ACTIVATED CARBON FIBER MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value & Volume
10.2. Market Share & Forecast
  10.2.1. By Type
  10.2.2. By Application
  10.2.3. By Country
10.3. Pricing Analysis
10.4. MEA: Country Analysis
  10.4.1. South Africa Activated Carbon Fiber Market Outlook
    10.4.1.1. Market Size & Forecast
      10.4.1.1.1. By Value & Volume
    10.4.1.2. Market Share & Forecast
      10.4.1.2.1. By Type
      10.4.1.2.2. By Application
  10.4.2. Saudi Arabia Activated Carbon Fiber Market Outlook
    10.4.2.1. Market Size & Forecast
      10.4.2.1.1. By Value & Volume
    10.4.2.2. Market Share & Forecast
      10.4.2.2.1. By Type
      10.4.2.2.2. By Application
  10.4.3. UAE Activated Carbon Fiber Market Outlook
    10.4.3.1. Market Size & Forecast
      10.4.3.1.1. By Value & Volume
    10.4.3.2. Market Share & Forecast
      10.4.3.2.1. By Type
      10.4.3.2.2. By Application

11. MARKET DYNAMICS

11.1. Drivers
  11.1.1. Rising Adoption for Wastewater Treatment Activities
  11.1.2. Growing Popularity of Chronic Kidney Disease
  11.1.3. High demand as a catalyst carrier
11.2. Challenges
  11.2.1. Fluctuation in raw material cost
  11.2.2. High Production cost

12. MARKET TRENDS & DEVELOPMENTS

12.1. Product Launches
12.2. Mergers & Acquisitions
12.3. Technological Advancements

13. GLOBAL ACTIVATED CARBON FIBER MARKET: SWOT ANALYSIS

14. PORTER’S FIVE FORCES ANALYSIS

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. COMPETITIVE LANDSCAPE

15.1. Business Overview
15.2. Product Offerings
15.3. Recent Developments
15.4. Financials (In Case of Listed Companies)
15.5. Key Personnel
15.6. SWOT Analysis
  15.6.1. Anshan Sinocarb Carbon Fibers Co., Ltd.
  15.6.2. Kuraray Co., Ltd.
  15.6.3. Awa Paper & Technological Company, Inc.
  15.6.4. Toyobo Co. Ltd.
  15.6.5. Hangzhou Nature Technology Co., Ltd.
  15.6.6. Evertech Envisafe Ecology Co., Ltd.
  15.6.7. HPMS Graphite
  15.6.8. Osaka Gas Chemicals Co., Ltd.
  15.6.9. Auro Carbon & Chemicals
  15.6.10. Unitika Ltd.

16. STRATEGIC RECOMMENDATIONS