Press release
Global Activated Carbon-based Nonwoven Fabric Industry Revenues To Grow At Nearly 5.8% By 2032 | Nonwovenn Ltd, Fibertex Nonwovens A/S, SUNREE INDUSTRIAL CO., LTD, Lydall
The activated carbon-based nonwoven fabric market size was USD 2,34,300.0 thousand in 2022 and is anticipated to reach USD 4,26,739.6 thousand in 2032, growing at a rate of 5.8% from 2023 to 2032.High-grade activated carbon powder is used to load the nonwoven matrix with the activated carbon nonwoven fabric, which is formed of a polymer substance. It can efficiently absorb various types of industrial waste gas, including benzene, formaldehyde, ammonia, and sulfur dioxide. It also has strong adsorption capabilities, thin thickness, good air permeability, and ease of heat formation.
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Market Trends and Drivers
Increased demand for GPS technology in military applications is expected to drive the market
The ubiquity of GPS technology and the desire for superior military navigation systems are driving GPS design innovation, which aims to reduce size and weight while improving precision. The notion of GPS is so simple that it is so widely used. Each GPS satellite functions as an incredibly precise clock that communicates the precise time at its position. All other GPS satellites orbital positions are likewise provided by the satellites. The exact distance to the satellite may be determined once the GPS receiver has the satellite location and time. A receiver can determine its own location on the earth surface by comparing the times of at least three satellites.
Market Restraints and Challenges
High production costs
The production process of activated carbon-based nonwoven fabric is complex, and the equipment required is expensive. The high production costs can make the final product expensive, which can limit the market demand. One of the major restraining factors is the cost of activated carbon, which is used as the primary material in nonwoven fabric. Activated carbon is derived from carbonaceous materials like coal, coconut shells, or wood and the cost can vary depending on the source and quality of the material. Another cost factor is the energy required for the production process, which involves heating and activation of the carbon material. The cost of energy can vary depending on the source and availability of electricity or other energy sources.
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Global Activated Carbon-based Nonwoven Fabric Market Segmentation
By Material Type
• Synthetic
• Natural
Major Players in the Global Catamaran Market
The key players in the Activated Carbon-based Nonwoven Fabric Market are as Ahlstrom, AWA PAPER & TECHNOLOGICAL COMPANY, Inc., Camfil AB, EVERTECH ENVISAFE ECOLOGY CO., LTD., Freudenberg Group (Filc, d.o.o.), helsa GmbH & Co. KG, Hollingsworth & Vose, Kuraray Co., Ltd. (Calgon Carbon Corporation), Kemper, MANN+HUMMEL International GmbH & Co. KG, Nonwovenn Ltd, Fibertex Nonwovens A/S, SUNREE INDUSTRIAL CO., LTD, UES (Ueda Environmental Solutions) Co., Ltd., and Lydall, Inc among others.
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Reasons to buy Activated Carbon-based Nonwoven Fabric Market Report:
• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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