Activated Carbon Fiber Market to be Dominated by Water Treatment Activities through 2028
Rising
demand for water treatment activities is expected to drive Global Activated
Carbon Fiber market during the forecast period 2024-2028.
According to TechSci Research
report, “Activated Carbon Fiber Market
- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, global Activated Carbon
Fiber market is anticipated to grow at an impressive rate during the forecast period
2024-2028. A significant factor driving the growth of
the Activated Carbon Fiber market is the increase in demand from air and water
purification sector. The use of activated carbon fiber is expected to expand during
the forecast period owing to increasing demand for fresh water and its constrained
supply as well as removal of impurities such as SOx, NOx from air and increased
requirement for mercury control technology for industrial air purification
applications results in the growth of global Activated Carbon Fiber market.
For instance, according to BNamericas,
in 2021 Mexico started 30 wastewater treatment facilities as a result of many
federal initiatives aimed at enhancing water infrastructure and increasing
clean water distribution.
The increasing demand for purification
activities for different domains, is expected to drive the growth of Activated
Carbon Fiber market during the forecast period.
Furthermore, the market is
being further stimulated by the extensive use of activated carbon fiber in healthcare,
chemical separation, and catalyst carrier sector.
However, fluctuation in
raw material cost can slow down market growth. Moreover, high production cost that
can further slow down market growth.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Global
Activated Carbon Fiber Market"
Global Activated
Carbon Fiber Market is segmented based on type, application, and region.
Based on type,
the market is further bifurcated into natural and synthetic. Synthetic segment is
expected to hold the largest market share during the forecast period, 2024-2028.
This is due to its good tensile strength, heat and flame resistance,
durability, strength, and stiffness properties.
Based on application, the
market is further segmented into air purification, water treatment, catalyst carrier,
and others. Water
treatment segment is expected to experience the highest market share during the
forecast period, 2024-2028. This can be attributed to the better absorption
capacities for toxins of low molecular weight, as well as regeneration ability.
Major companies operating
in the Global Activated Carbon Fiber Market are:
- Anshan
Sinocarb Carbon Fibers Co., Ltd.
- Kuraray
Co., Ltd.
- Awa
Paper & Technological Company, Inc.
- Toyobo
Co. Ltd.
- Hangzhou
Nature Technology Co., Ltd.
- Evertech
Envisafe Ecology Co., Ltd.
- HPMS
Graphite
- Osaka
Gas Chemicals Co., Ltd.
- Auro
Carbon & Chemicals
- Unitika
Ltd.
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“North
America region is expected to grow at the highest rate during the forecast
period. This
is due to increasing demand from chemical, healthcare, and purification sector.
Along with this large number of heavy-scale,
medium-scale, and small-scale industries are present in this region due to
which the demand of activated carbon fiber increases, which result in the
market growth. Moreover, Asia Pacific is
observing severe air pollution, which is negatively impacting human health with
diseases such as bronchitis and asthma resulting in raising the activated
carbon fiber market in this region,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based global management consulting firm.
“Activated Carbon Fiber Market- Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type
(Natural, Synthetic), By Application (Air Purification, Water Treatment,
Catalyst Carrier, Others), By Region and Competition,
has evaluated the future growth potential of global Activated Carbon Fiber market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Activated Carbon Fiber Market.”
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