Activated Carbon Fiber Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Activated Carbon Fiber market is expected to reach USD 385.04 million by the end of this year and is projected to register a CAGR of over 3% during the forecast period.
During the COVID-19 pandemic in 2020, the market experienced a sharp decline in growth in output, sales, marketing, and distribution. The global shutdown has resulted in a series of market closures that have resulted in significant losses to many key industries. However, the market has recovered in the two years to post strong growth.
Key HighlightsThe activated carbon fiber market is fragmented in nature. Key players in the activated carbon fiber market include (not in any particular order) Osaka Gas Chemicals Co. Ltd, Kuraray Co. Ltd, Unitika Ltd, Anshan Sinocarb Carbon Fibers Co. Ltd, Kuraray Co. Ltd, and Toyobo Co. Ltd.
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