Market Research Report
Activated Carbon Fiber Market Size By Material, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027
|Published by||Global Market Insights Inc.||Product code||989771|
|Published||Content info||188 Pages
Delivery time: 2-3 business days
|Activated Carbon Fiber Market Size By Material, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027|
|Published: February 15, 2021||Content info: 188 Pages||
Activated Carbon Fiber (ACF) Market Size By Material (Cellulose Based, Polyacrylonitrile (PAN) Based, Phenolic Resin Based, Pitch Based), By Application (Air Purification, Water Treatment, Chemical Recovery, Catalyst Carrier), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027.
The activated carbon fiber (ACF) market is likely to witness a flourishing period of growth in the forthcoming timeframe owing to increasing adoption of cellulose based ACF for water purification and personal protective clothing applications, increasing product usage in catalyst substrates, and for development of super capacitors.
Activated carbon fiber is considered to be one of the most essential carbon nanoporous materials. The product offers one of the highest levels of benefits in comparison to other commercial porous materials. In fact, ACF is actually one of the promising microporous material having well-defined porous structure as well as fiber shape.
At large, activated carbon fiber production can be commercially manufactured from synthetic CF (carbon fiber) with an added activation process. The unique features of the product activated carbon fiber include ease of handling, rapid desorption and adsorption, excellent packing density, and high volumetric capacity.
These properties make ACF highly useful for applications such as refrigeration, capacitors, removal of heavy metal, vapor sensing, catalysis, storage of biogas & natural gas, electrochemical and biomedical applications.
The activated carbon fiber market is segmented into material, application, and regional landscape.
With respect to material, the market for activated carbon fiber is classified into pitch based, phenolic resin based, polyacrylonitrile (PAN) based, cellulose based, and others. Among these, cellulose based ACF segment will generate more than $215 million revenue by the end of the analysis timeframe. The market is growing at a rapid rate owing to the usage of these materials in water purification and personal protective clothing applications.
The key elements of cellulosic based activated carbon fiber are H, O, ash, as well as C. Among these, C content has much higher concentration of natural cellulosic fibers. The surface area and surface morphology of the product play a key role in adsorption. The adsorption capacity of kapok-based activated carbon fiber is much higher in comparison to others due to their hollow structures, its large surface area and micropores on surface.
In terms of application, the overall ACF market is bifurcated into catalyst carrier, chemical recovery, water treatment, air purification, and others. Among these, catalyst carrier application segment is anticipated to grow at a CAGR of more than 6.4% over the projected time period. The usage of ACFs in catalyst substrates and development of super capacitors are the key factors influencing the product penetration.
From a regional frame of reference, Latin America activated carbon fiber (ACF) market will grow with a respectable CAGR of over 6.1% through the forecast timespan. The market is expected to generate higher revenues owing to positive outlook of the chemical and wastewater treatment industry in the region.