Activated Carbon Fiber market Top Companies Study - Taiwan Carbon Technology Co., Ltd (Taiwan), Daigas Group (Japan), Auro Carbon & Chemicals (India), Hangzhou Nature Technology Co.Ltd. (China).

The global activated carbon fiber market is estimated to reach over 500.04 million by the year 2031, exhibiting a CAGR of 7.81% during the forecast period.

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Activated carbon fiber (ACF), when manufactured, exhibits low microporosity and a high specific surface area, enabling efficient adsorption while minimizing pressure loss and carbon dust generation during the filtration of hazardous water. It also demonstrates superior mechanical properties, including high stiffness, tensile strength, compact packing ability, and substantial volumetric capacity. These characteristics make ACF highly suitable for applications such as water filtration, surface treatment, liquid purification, and the removal of contaminants from polluted gaseous streams.

The industry is experiencing significant growth, driven by accelerated industrialization and the increasing demand for clean water across residential and commercial sectors. ACF is widely utilized in the treatment and purification of water containing a broad spectrum of solid, semisolid, liquid, and gaseous impurities. Additionally, heightened consumer awareness regarding the advantages and availability of wastewater treatment solutions is further contributing to market expansion.

Moreover, regulatory bodies have introduced sustainable environmental practices that promote the use of ACF in mitigating odors, capturing airborne dust particles, and addressing ozone emissions from cooling systems. These regulatory efforts continue to support and stimulate market development.

List of Prominent Players in the Activated carbon fiber market:
• 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)
• HPMS Graphite (US
• Balfour Beatty PLC

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Market Dynamics:
Drivers:
Activated carbon fiber (ACF) is increasingly utilized in water treatment due to its superior capacity to adsorb low molecular weight contaminants and its rapid regeneration capability. The growing global emphasis on wastewater management, driven by the rising demand for freshwater amid limited supply, is fostering widespread adoption of advanced treatment technologies. Rapid industrialization and urbanization in developing regions have led to substantial discharge of wastewater containing hazardous chemicals, adversely impacting the environment. This trend is expected to create significant growth opportunities within the activated carbon fiber market over the forecast period.

Challenges:
Despite its advantages, gas-phase activated carbon remains costlier than liquid-phase alternatives, limiting its widespread application in gaseous environments. Additionally, the scarcity of key raw materials, such as coconut shell charcoal, has resulted in increased production costs. Price volatility of raw materials contributes to the high overall cost of activated carbon fiber products, which may constrain market demand. Consequently, although ACF is an effective adsorbent, its elevated cost inhibits broader market penetration. Ongoing research into alternative carbon production methods, including the use of phosphoric acid and potassium hydroxide, is anticipated to reduce costs substantially, thereby offering prospects for market stabilization and expansion during the forecast period.

Regional Trends:
The Asia-Pacific region is experiencing the fastest growth in the activated carbon fiber market globally. This expansion is primarily driven by robust demand from chemical manufacturing, air purification, and other key end-use industries. Moreover, the region's growing focus on water treatment applications continues to be a critical factor supporting market growth in Asia-Pacific.

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vRecent 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

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This release was published on openPR.