Activated Carbon Fiber Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Activated Carbon Fiber Market Trends and Forecast

The future of the activated carbon fiber market looks promising with opportunities in water treatment, food and beverage processing, pharmaceutical and medical, automotive, and air purification applications. The global activated carbon fiber market is reach an estimated $573.9 million by 2028 with a CAGR of 7.7% from 2023 to 2028. The major drivers for this market rapid industrialization along with growing requirement for purified water in the residential as well as commercial applications.

Activated Carbon Fiber Market

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Activated Carbon Fiber Market by Segments

The study includes trends and forecast for the global activated carbon fiber market by raw material, application, and region, as follows:

Activated Carbon Fiber Market by Raw Material [Value ($M) Shipment Analysis from 2017 to 2028]:

• Synthetic
• Pitch-Based
• PAN-Based
• Phenolic-Based
• Viscose-Based
• Others
• Natural

Activated Carbon Fiber Market by Application [Value ($M) Shipment Analysis from 2017 to 2028]:

• Water Treatment
• Food and Beverage Processing
• Pharmaceutical and Medical
• Automotive
• Air Purification
• Other

Activated Carbon Fiber Market by Region [Value ($M) Shipment Analysis from 2017 to 2028]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Activated Carbon Fiber Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies activated carbon fiber companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the activated carbon fiber companies profiled in this report include.

• Osaka Gas Chemicals
• Kuraray
• Unitika
• Toyobo
• Hangzhou Nature Technology
• HP Materials Solutions

Activated Carbon Fiber Market Insights

Lucintel forecast that synthetic will witness higher growth over the forecast period due to its increasing application in water treatment and air purification applications.

Water treatment will witness higher growth due to growing requirement to treat industrial and domestic effluent discharge, which is contaminating the available water resources.

APAC will remain the largest region due to increasing number of manufacturers actively participating in development activities and the availability of raw materials at a lower cost in the region.

Features of the Activated Carbon Fiber Market

• Market Size Estimates: Activated carbon fiber market size estimation in terms of value ($M)

• Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.

• Segmentation Analysis: Activated carbon fiber market size by various segments, such as by raw material, application, and region

• Regional Analysis: Activated carbon fiber market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

• Growth Opportunities: Analysis on growth opportunities in different raw materials, applications, and regions for the activated carbon fiber market.

• Strategic Analysis: This includes M&A, new product development, and competitive landscape for the activated carbon fiber market.

• Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

• Q1. What is the activated carbon fiber market size?
• Answer: The global activated carbon fiber market is expected to reach an estimated $573.9 million by 2028.
• Q2. What is the growth forecast for activated carbon fiber market?
• Answer: The global activated carbon fiber market is expected to grow with a CAGR of 7.7% from 2023 to 2028.
• Q3. What are the major drivers influencing the growth of the activated carbon fiber market?
• Answer: The major drivers for this market are rapid industrialization along with growing requirement for purified water in the residential as well as commercial applications.
• .Q4. What are the major segments for activated carbon fiber market?
• Answer: The future of the global activated carbon fiber market looks promising with opportunities in water treatment, food and beverage processing, pharmaceutical and medical, automotive, and air purification applications.
• Q5. Who are the key activated carbon fiber companies?
• Answer: Some of the key activated carbon fiber companies are as follows:
• Osaka Gas Chemicals
• Kuraray
• Unitika
• Toyobo
• Hangzhou Nature Technology
• HP Materials Solutions
• Q6. Which activated carbon fiber segment will be the largest in future?
• Answer: Lucintel forecast that synthetic will witness a higher growth over the forecast period due to its increasing application in water treatment and air purification applications.
• Q7. In activated carbon fiber market, which region is expected to be the largest in next 5 years?
• Answer: APAC will remain the largest region due to increasing number of manufacturers actively participating in development activities and the availability of raw materials at a lower cost in the region.
• Q8. Do we receive customization in this report?
• Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the activated carbon fiber market by raw material (synthetic and natural), application (water treatment, food and beverage processing, pharmaceutical and medical, automotive, air purification, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?