Activated Carbon Fiber: A Powerful Solution for Clean Water and Air Purification

Activated Carbon Fiber market to reach over USD 499.58 million by the year 2031 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Activated Carbon Fiber Market Size, Share & Trends Analysis Report By Type (PAN-based, Pitch-based, Cellulosic Fiber, Phenolic Resin), Application (Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier)- Market Outlook And Industry Analysis 2031"
The global activated carbon fiber market is estimated to reach over USD 499.58 million by 2031, exhibiting a CAGR of 7.7% during the forecast period.

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1626

Activated carbon fiber (ACF) boasts several properties that make it ideal for various purification applications. During production, ACF minimizes the creation of harmful carbon dust, a significant advantage. Additionally, it features low microporosity, maximizing its internal surface area for exceptional absorption capacity. This translates to reduced pressure loss during filtration processes.
ACF's applications extend far beyond water filters.

It finds use in surface treatment, liquid purification for various purposes, and even the decontamination of gaseous streams. Furthermore, ACF exhibits remarkable mechanical properties, including high stiffness, tensile strength, and dense packing, allowing for significant volumetric capacity.

The market for ACF is fueled by rapid industrialization and the ever-growing demand for clean water in both residential and commercial settings. ACF's effectiveness in treating and purifying water containing a wide range of contaminants, from solid and semi-solid pollutants to liquids and gases, makes it a valuable tool.

Additionally, rising public awareness of the accessibility and benefits of wastewater treatment further bolsters the demand for ACF.
Regulatory bodies' implementation of sustainable practices has also played a role in propelling ACF's market growth. ACF's ability to neutralize odors, capture dust particles, and address ozone pollution from cooling systems aligns perfectly with these initiatives.

List of Prominent Players in the Activated carbon fiber market:

• Eurocarb Products Technology Co., Ltd (Taiwan)
• Ceram=Materials (US)
• HPMS Graphite (US
• Balfour Beatty PLC
• 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)

Market Dynamics:
Drivers-
As activated carbon fiber may better absorb low molecular weight pollutants, it is employed more frequently in water treatment processes. Another benefit consistent with its employment in numerous applications is the substance's ability to regenerate fast. The global adoption of wastewater disposal practices has been motivated by the steadily increasing demand for fresh water and its constrained supply. Wastewater from industries and homes has been released into the atmosphere due to rapid industrialization and urbanization trends in developing economies.

These wastewater releases have a terrible influence on the climate because they include harmful chemicals that harm the atmosphere. As a result, this tendency will aid in providing profitable prospects for expanding the industry throughout the anticipated period.

Challenges:
As gas-phase activated carbons are more expensive than their liquid-phase counterparts, they are employed less frequently in gas-phase applications than in liquid-phase applications. Coconut shell charcoal, a raw material used in producing activated carbon, is in short supply due to the strong demand for this product. As a result, the cost of raw materials has gone up.

Due to fluctuating raw material prices, the high price of activated carbon fiber may reduce total product demand. As a result, even though activated carbon fiber is a great adsorbent, its high cost of adsorption limits the market's expansion. However, research is being done to create carbon by using phosphoric acid and potassium hydroxide, which substantially impacts the price of carbon and, thus, the price of activated carbon fiber. In the anticipated period, these advancements will generate enough opportunities for the market for activated carbon fiber to stabilize overall.

Regional Trends:
The market for activated carbon fiber in Asia Pacific is internationally expanding at the quickest rate. Due to significant demand from the chemical, air purification, and other end-user sectors, Asia Pacific is also home to the activated carbon fiber market with the quickest rate of growth. Water treatment applications are also driving the area's market for activated carbon fiber.

Curious about this latest version of the report? @ https://www.insightaceanalytic.com/enquiry-before-buying/1626

Recent Developments:

• In June 2020, Kuraray Co., Ltd. announced that its American subsidiary, Calgon Carbon Corporation (from now on, "Calgon Carbon"), had decided to increase production capacity at its Pearl River Plant in Mississippi, USA. This decision was made in response to the rising demand for activated carbon on a global scale.

Segmentation of Activated carbon fiber market-
By Type-

• PAN-based
• Pitch-based
• Cellulosic Fiber
• Phenolic Resin
• Others

By Application-

• Solvent Recovery
• Air Purification
• Water Treatment
• Catalyst Carrier
• Others

By Region-
North America-

• The US
• Canada
• Mexico

Europe-

• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe

Asia-Pacific-

• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific

Latin America-

• Brazil
• Argentina
• Rest of Latin America

Middle East & Africa-

• GCC Countries
• South Africa
• Rest of the Middle East and Africa

For More Customization @ https://www.insightaceanalytic.com/report/activated-carbon-fiber-market/1626

Contact Us:
InsightAce Analytic Pvt. Ltd.
Tel.: +1 718 593 4405
Email: info@insightaceanalytic.com
Site Visit: www.insightaceanalytic.com
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

This release was published on openPR.