What is Global Activated Carbon Fiber (ACF) Market?
The Global Activated Carbon Fiber (ACF) Market is a vast and dynamic sector that encompasses a wide range of products and applications. Activated Carbon Fiber, or ACF, is a type of carbonated fiber that is characterized by its large surface area, excellent adsorption capacity, and high mechanical strength. These unique properties make ACF a highly sought-after material in various industries, including environmental protection, energy storage, and healthcare. The global market for ACF is driven by the increasing demand for efficient and sustainable materials in these industries. However, the market also faces several challenges, such as the high cost of production and the need for advanced technologies for the manufacturing of ACF. Despite these challenges, the Global Activated Carbon Fiber (ACF) Market continues to grow, driven by the increasing awareness about the benefits of ACF and the ongoing advancements in ACF manufacturing technologies.
Viscose Staple based, Pitch based, Cellulosic Fiber, Phenolic Resin, Others in the Global Activated Carbon Fiber (ACF) Market:
The Global Activated Carbon Fiber (ACF) Market is segmented based on the type of raw material used for the production of ACF. These include Viscose Staple, Pitch, Cellulosic Fiber, Phenolic Resin, and Others. Each of these raw materials has its own unique properties and applications. For instance, Viscose Staple-based ACF is known for its excellent adsorption capacity and is widely used in applications such as air and water purification. On the other hand, Pitch-based ACF is characterized by its high mechanical strength and is commonly used in applications that require high durability, such as energy storage. Similarly, Cellulosic Fiber-based ACF is known for its high porosity and is used in applications that require high adsorption capacity, such as solvent recovery. Phenolic Resin-based ACF, on the other hand, is known for its high thermal stability and is used in applications that require high temperature resistance, such as catalyst carrier. Lastly, Other types of ACF are used in various other applications based on their specific properties.
Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier, Others in the Global Activated Carbon Fiber (ACF) Market:
The Global Activated Carbon Fiber (ACF) Market finds its applications in several areas, including Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier, and Others. In Solvent Recovery, ACF is used to adsorb and recover solvents from industrial waste gases, thereby reducing pollution and conserving resources. In Air Purification, ACF is used to remove harmful pollutants from the air, thereby improving air quality and protecting public health. In Water Treatment, ACF is used to remove contaminants from water, thereby ensuring safe and clean water for various uses. In Catalyst Carrier, ACF is used to support the catalyst in various chemical reactions, thereby enhancing the efficiency and effectiveness of the reactions. Lastly, in Other applications, ACF is used based on its specific properties and the requirements of the application.
Global Activated Carbon Fiber (ACF) Market Outlook:
The outlook for the Global Activated Carbon Fiber (ACF) Market is positive, with the market expected to grow at a steady pace in the coming years. As of 2022, the market was valued at US$ 326.3 million and is projected to reach US$ 486.4 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period of 2023-2029. This growth is driven by the increasing demand for ACF in various industries, coupled with the ongoing advancements in ACF manufacturing technologies. The market is dominated by Toyobo, which holds about 40% of the market share. The Asia Pacific region is the largest market for ACF, accounting for about 78% of the global market share. In terms of product type, Cellulosic Fiber-based ACF is the largest segment, accounting for over 40% of the market share.
| Report Metric | Details |
| Report Name | Activated Carbon Fiber (ACF) Market |
| Accounted market size in 2023 | US$ 376.1 million |
| Forecasted market size in 2029 | US$ 492.6 million |
| CAGR | 4.6 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Toyobo, Kuraray, Unitika, Gunei Chem, Evertech Envisafe Ecology, Taiwan Carbon Technology, Awa Paper, HP Materials Solutions, Sutong Carbon Fiber, Jiangsu Tongkang, Anhui Jialiqi, Nantong Senyou, Kejing Carbon Fiber, Nantong Beierge, Nantong Yongtong, Xintong ACF, Hailan Filtration Tech, Sinocarb Carbon Fibers, Nantong Jinheng, Zichuan Carbon Fiber |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
