Activated Carbon Fiber Market Share, Growth, Trends, and Forecast by 2031

Activated Carbon Fiber Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage : by Type (PAN-Based, Pitch Based, Cellulosic Fiber, Phenolic Resin); Application (Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier); and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00040457
  • Category : Chemicals and Materials
  • No. of Pages : 150
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The Activated Carbon Fiber Market is expected to register a CAGR of 8.3% from 2025 to 2031, with a market size expanding from US$ XX Million in 2024 to US$ XX Million by 2031.

The activated carbon fiber market report is segmented by Type (PAN-Based, Pitch Based, Cellulosic Fiber, Phenolic Resin, and Others) and Application (Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier, and Others). The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Activated Carbon Fiber Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Activated Carbon Fiber Market Segmentation

Type
  • PAN-Based
  • Pitch Based
  • Cellulosic Fiber
  • Phenolic Resin
Application
  • Solvent Recovery
  • Air Purification
  • Water Treatment
  • Catalyst Carrier

Strategic Insights

Activated Carbon Fiber Market Growth Drivers
  • Increasing Demand for Air and Water Purification: The rising need for effective air and water purification systems is a significant driver for the activated carbon fiber market. Due to their high adsorption capacity, activated carbon fibers are widely used in filtration technologies for removing contaminants and toxins. As environmental concerns grow and regulations on water and air quality tighten, the demand for activated carbon fibers is expected to rise.
  • Industrial Growth and Pollution Control: With industrialization comes an increase in pollution and environmental contamination, boosting the need for efficient pollution control solutions. Activated carbon fibers are highly effective in trapping pollutants, including volatile organic compounds (VOCs) and hazardous gases, which drives their demand in industries like chemicals, pharmaceuticals, and manufacturing. Stringent pollution regulations globally further contribute to market expansion.
  • Advancements in Activated Carbon Fiber Technology: Technological innovations in the production and performance of activated carbon fibers are pushing the market forward. Newer methods of activation and improved properties, such as higher adsorption capacity, enhanced durability, and faster regeneration, have increased the versatility and efficiency of activated carbon fibers. These advancements make them more appealing for various applications, from air purification to medical uses, spurring market growth.
Activated Carbon Fiber Market Future Trends
  • Growth in Environmental and Green Technologies: As industries embrace sustainability, there is a growing trend toward using eco-friendly solutions, which has increased the adoption of activated carbon fibers. Their ability to remove toxins from air, water, and industrial processes without causing secondary pollution aligns with the demand for environmentally responsible technologies. This trend is influencing various sectors, including automotive, healthcare, and water treatment.
  • Rising Use in Personal Protective Equipment (PPE): Activated carbon fibers are increasingly being integrated into personal protective equipment (PPE), particularly for protecting against airborne toxins and chemical hazards. As the awareness of environmental hazards, workplace safety, and pandemics rises, there is a growing demand for PPE incorporating activated carbon fibers to provide superior protection. This trend is expected to drive the market further as safety standards tighten.
  • Adoption in Energy Storage and Battery Technologies: Activated carbon fibers are gaining traction in energy storage applications, particularly in supercapacitors and batteries. Their high surface area and conductivity make them ideal for energy storage systems that require efficient energy storage and rapid charge-discharge cycles. The growing trend of adopting renewable energy sources and electric vehicles further stimulates demand for activated carbon fibers in energy storage devices.
Activated Carbon Fiber Market Opportunities
  • Expansion in Automotive Emission Control: The automotive industry offers significant growth opportunities for activated carbon fibers, particularly in emission control systems. With increasing environmental regulations aimed at reducing vehicle emissions, activated carbon fibers are used in catalytic converters and filters to capture harmful gases and particulates. As electric vehicle adoption grows, activated carbon fibers can also play a role in battery management and air purification systems, opening new avenues for market expansion.
  • Increasing Use in Medical Applications: Activated carbon fibers are finding new opportunities in medical fields due to their biocompatibility and adsorption properties. They are used in wound dressings, blood purification devices, and other medical applications to remove toxins from the body. The rising demand for advanced medical solutions and the growing focus on healthcare technology innovation provide a significant opportunity for activated carbon fibers in the medical market.
  • Growth in Industrial Gas Filtration Systems: Industrial gas filtration is another promising opportunity for activated carbon fibers. As industries look for cost-effective and efficient solutions to filter out harmful gases, including VOCs and odorous compounds, activated carbon fibers offer a practical solution. With industries like petrochemical, food processing, and pharmaceuticals focusing on improving air quality and emissions, the demand for activated carbon fibers in filtration systems continues to grow.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Activated Carbon Fiber Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Activated Carbon Fiber Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

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to country scope.

Frequently Asked Questions


What is the expected CAGR of the activated carbon fiber market?

The activated carbon fiber market is estimated to witness a CAGR of 8.3% from 2025 to 2031

What are the driving factors impacting the activated carbon fiber market ?

Increasing demand for air and water purification are driving the market growth.

What are the key players operating in the activated carbon fiber market?

Toyobo Co. Ltd., Kuraray Co. Ltd, Unitika Ltd, Gun Ei Chemical Industry Co. Ltd., Evertech Envisafe Ecology Co. Ltd., AWA Paper and Technology Company Inc., Taiwan Carbon Technology Co. Ltd., Daigas Group, Auro Carbon and Chemicals, and Hangzhou Nature Technology Co. Ltd. are the key players operating in the activated carbon fiber market.

Which is the fastest growing segment based on type?

Based on type, the cellulosic fiber segment is expected to witness the fastest growth during the forecast period.

Based on geography, which region held the largest share of the activated carbon fiber market?

Based on geography, Asia Pacific held the largest share of the activated carbon fiber market.

What is the future trend for activated carbon fiber market?

Growth in environmental and green technologies is expected to be the key market trends.


  • Toyobo Co. Ltd.

  • Kuraray Co. Ltd.

  • Unitika Ltd

  • Gun Ei Chemical Industry Co. Ltd.

  • Evertech Envisafe Ecology Co. Ltd.

  • AWA Paper and Technology Company Inc.

  • Taiwan Carbon Technology Co. Ltd.

  • Daigas Group

  • Auro Carbon and Chemicals

  • Hangzhou Nature Technology Co. Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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