Global Activated Carbon Fiber Market Size is valued at USD 420.4 Mn in 2024 and is predicted to reach USD 591.6 Mn by the year 2034 at a 3.6% CAGR during the forecast period for 2025-2034.
The market for high-performance adsorption and filtration materials derived from carbon fibers that have been treated to boost their adsorption capacity is known as the activated carbon fiber (ACF) market. The activated carbon fiber market expansion is expected to rise in the forthcoming years due to the increasing demand for high-performance filtration and adsorption materials in various industries, such as water treatment, air purification, and food and beverage. The activated carbon fiber market demand is also driven by the growth of the end-use industries, technological advancements, and increasing environmental concerns.
ACF is favored over traditional activated carbon due to its high surface area, good adsorption capacity, and low-pressure drop. Due to stringent government regulations and rising public awareness of health issues, ACF applications for water treatment will greatly increase demand. The development of innovative fibers and the application of ACF filters in new water purifiers are expected to accelerate the activated carbon fiber industry growth. However, high production costs and obstacles to environment-friendly production of ACF are some challenges that restrict the activated carbon fiber market growth.
The activated carbon fiber market is segmented based on type and application. Based on type, the market is segmented as PAN-based, Pitch-based, cellulose fiber, phenolic Resin and others. By application, the market is segmented into solvent recovery, air purification, water treatment, catalyst carrier and others.
The water treatment segment dominates the activated carbon fiber (ACF) market, and it is projected to expand. A possible method of treating sewage is the aerated bioreactor. Recently, concerns about activated carbon fibers (ACF), a biomembrane carrier used in wastewater disposal, have grown significantly. ACF made of high modulus polyacrylonitrile (PAN) is frequently utilized as a biomembrane carrier to discharge industrial organic wastewater treatment that is difficult to biodegrade. Using ACF filters in new water purifiers and creating novel fibers will contribute to expanding the activated carbon fiber market in the wastewater treatment industry. However, existing activated carbon fiber (ACF) water purifier filter elements could be more effective because of an unqualified pH increase.
The market for polyacrylonitrile (PAN)-based materials is expected to be worth over due to its favorable characteristics, such as quick pyrolysis, a higher melting point, and simple raw material accessibility. Additionally, the growing usage of PAN-based precursors in the ACF industry is expected to boost significantly segment expansion because of their high carbon yield and good tensile strength.
APAC is anticipated to account for a sizeable portion of the global activated carbon fiber market in the upcoming years. APAC comprises the following nations: China, Japan, India, Indonesia, South Korea, and the rest of the region. The economic boom in the area, fueled by factors like the affordable supply of labor and materials as well as other advancements and new technology, can be linked to regional growth. In addition, the region is experiencing significant air pollution brought on by the presence of several manufacturing facilities in China and Japan, which has a detrimental effect on human health by increasing the risk of illnesses like bronchitis and asthma, among others. These elements are thus driving the regional market's upward trend. Moreover, the North America activated carbon fiber market is expected to record the highest market share in revenue shortly.
The demand for activated carbon fiber in North America is anticipated to gain more market share. Throughout the analysis, it is anticipated that the expansion of the local chemical sector will be the primary driver of ACF use. The expanding domestic petroleum industry and the rising demand for chemical and solvent recovery equipment are projected to propel regional market statistics further.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 420.4 Mn |
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Revenue forecast in 2034 |
USD 591.6 Mn |
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Growth rate CAGR |
CAGR of 3.6% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Mn, Volume (KT), and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Type And Application |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
Toyobo Co., Ltd. (Japan), Kuraray Co., Ltd. (Japan), Unitika Ltd. (Japan), Gun Ei Chemical Industry Co., Ltd. (Japan), Evertech Envisafe Ecology Co., Ltd. (Taiwan), AWA Paper & Technology Company, Inc (Japan), Taiwan Carbon Technology Co., Ltd (Taiwan), Daigas Group (Japan), Auro Carbon & Chemicals (India), Hangzhou Nature Technology Co.Ltd. (China), Eurocarb Products Technology Co., Ltd (Taiwan), Ceram=Materials (US), and HPMS Graphite (US). |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Activated Carbon Fiber Market Snapshot
Chapter 4. Global Activated Carbon Fiber Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn) & Volume (KT) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Product Type:
5.2.1. PAN-based
5.2.2. Pitch-based
5.2.3. Cellulosic Fiber
5.2.4. Phenolic Resin
5.2.5. Others
Chapter 6. Market Segmentation 2: by Application Estimates & Trend Analysis
6.1. by Application & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn) & Volume (KT) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
6.2.1. Solvent Recovery
6.2.2. Air Purification
6.2.3. Water Treatment
6.2.4. Catalyst Carrier
6.2.5. Others
Chapter 7. Activated Carbon Fiber Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product Type, 2021-2034
7.1.2. North America Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2021-2034
7.1.3. North America Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
7.2. Europe
7.2.1. Europe Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product Type, 2021-2034
7.2.2. Europe Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2021-2034
7.2.3. Europe Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
7.3. Asia Pacific
7.3.1. Asia Pacific Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product Type, 2021-2034
7.3.2. Asia Pacific Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2021-2034
7.3.3. Asia Pacific Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
7.4. Latin America
7.4.1. Latin America Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product Type, 2021-2034
7.4.2. Latin America Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2021-2034
7.4.3. Latin America Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
7.5. Middle East & Africa
7.5.1. Middle East & Africa Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Product Type, 2021-2034
7.5.2. Middle East & Africa Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Application, 2021-2034
7.5.3. Middle East & Africa Activated Carbon Fiber Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2021-2034
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Toyobo Co., Ltd. (Japan)
8.2.2. Kuraray Co., Ltd. (Japan)
8.2.3. Unitika Ltd. (Japan)
8.2.4. Gun Ei Chemical Industry Co., Ltd. (Japan)
8.2.5. Evertech Envisafe Ecology Co., Ltd. (Taiwan)
8.2.6. AWA Paper & Technology Company, Inc (Japan)
8.2.7. Taiwan Carbon Technology Co., Ltd (Taiwan)
8.2.8. Daigas Group (Japan)
8.2.9. Auro Carbon & Chemicals (India)
8.2.10. Hangzhou Nature Technology Co.Ltd. (China)
8.2.11. Eurocarb Products Technology Co., Ltd (Taiwan)
8.2.12. Ceram=Materials (US)
8.2.13. HPMS Graphite (US
8.2.14. Balfour Beatty PLC
8.2.15. Other Prominent Players
Activated Carbon Fiber Market By Type-
Activated Carbon Fiber Market By Application-
Activated Carbon Fiber Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
