Global Activated Carbon Fiber (ACF) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Activated Carbon Fiber (ACF) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Activated carbon fiber is an activated carbon-containing fiber. A certain carbon-containing fiber (such as phenolic-based fiber, PAN-based fiber, viscose-based fiber, pitch-based fiber, etc.) is activated at high temperatures to generate nano-scale pore size on its surface and increase specific surface area, thereby changing its physicochemical properties. The fiber diameter of activated carbon fiber is 5~20μm, the average specific surface area is about 1000~1500m2/g, the average pore size is 1.0~4.0nm, and the micropores are evenly distributed on the fiber surface. Activated carbon fiber has good adsorption capacity and faster adsorption kinetic performance. It has high adsorption efficiency for organic matter, anion, and cation in the liquid and gas phase, fast adsorption and desorption, and can be regenerated and recycled. At the same time, it is resistant to acid and alkali. High-temperature resistance, strong adaptability, good electrical conductivity, and chemical stability, is an ideal environmental protection material.

Market Overview:

The latest research study on the global Activated Carbon Fiber (ACF) market finds that the global Activated Carbon Fiber (ACF) market reached a value of USD 364.22 million in 2022. It’s expected that the market will achieve USD 509.33 million by 2028, exhibiting a CAGR of 5.75% during the forecast period.

Influence of COVID-19 Outbreak on Activated Carbon Fiber (ACF) Industry Development

During the epidemic, many activated carbon fiber manufacturing companies around the world had to suspend production to prevent the spread of the virus and the increase in the number of infected people. This brings workload to the production staff of activated carbon fiber manufacturing, delays in the delivery of some raw materials, insufficient employee health and safety protection, manpower shortages, and various problems in logistics and settlement related to import and export trade, etc. Especially for small and medium-sized enterprises, the delay of orders will lead to a series of chain reactions, and enterprises may face various strategic and operational risks. For example, upstream shipment delays can lead to delays or interruptions in the supply of raw materials, and factory shipment delays can lead to changes in customer demand or increased costs. At the same time, the shortage of logistics can also lead to the delay or failure of delivery. In the end, the cash flow of the company was seriously hindered, the balance could not be recovered, and the capital turnover was ineffective. Some companies could not withstand the financial pressure during the epidemic and went bankrupt.

Strength Widely used.

As a new, efficient, and multifunctional adsorption material, activated carbon fiber is the third generation product after powdered activated carbon and granular activated carbon. It is made of fiber as raw material and has the advantages of large specific surface area, moderate pore size, uniform distribution, fast adsorption speed, and few impurities. As a typical fibrous solid adsorption material, activated carbon fiber has many forms such as fiber felt, fiber cloth, fiber paper, fiber tow, fiber block, etc., which can meet different user requirements. Widely used in solvent recovery, water purification, air purification, catalyst carrier, precious metal recovery, medicine, aviation, military, nuclear industry, food, and other industries. It involves a wide range of fields and has a strong consumption attribute, which has produced a strong impetus for the market demand and development of activated carbon fiber products.

Increase in sales channels

The growing e-commerce in recent years has led to the addition of more distribution channels for many commodities, which can expand the market size. The ease of selection, purchase, and home delivery is what attracts consumers to online channels. Another advantage of online channels is that geographic boundaries are virtually eliminated. This increase in convenience and options to choose from is attracting customers to online channels, thereby creating new market opportunities for engaged stakeholders.

Region Overview:

In 2021, the share of the Activated Carbon Fiber (ACF) market inAsia Pacific stood at 79.02%

Company Overview:

Toyobo is one of the major players operating in the Activated Carbon Fiber (ACF) market, holding a share of 42.68% in 2022.

Segmentation Overview:

By type, Polyacrylonitrile (PAN) based activated carbon fiber segment accounted for the largest share of market in 2021.

Application Overview:

The market's largest segment by application is the segment Water treatment, with a market share of 36.14% in 2021.

Key Companies in the global Activated Carbon Fiber (ACF) market covered in Chapter 3:

Unitika
Jiangsu Tongkang
Awa Paper
Nantong Beierge
Nantong Senyou
HP Materials Solutions
Taiwan Carbon Technology
Nantong Jinheng
Sinocarb Carbon Fibers
Kuraray
Nature Technology
Xintong ACF
Evertech Envisafe Ecology
Sutong Carbon Fiber
Nantong Yongtong
Toyobo

In Chapter 4 and Chapter 14.2, on the basis of types, the Activated Carbon Fiber (ACF) market from 2018 to 2029 is primarily split into:

Pitch based activated carbon fiber
Polyacrylonitrile (PAN) based activated carbon fiber
Viscose Staple based activated carbon fiber
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Activated Carbon Fiber (ACF) market from 2018 to 2029 covers:

Solvent recovery
Air purification
Water treatment
Catalyst Carrier
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)