As cited by the research report titled ‘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’, available with Market Study Report, global activated carbon fiber (ACF) market is projected to expand significantly over 2021-2027.
 

Growing adoption of cellulose based product for water purification as well as personal protective clothing
 

applications, in consort with increasing usage for development of super capacitors and in catalyst substrates are the major factors driving the global activated carbon fiber (ACF) market growth.
 

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For the record, activated carbon fiber is one of the most vital carbon nano-porous materials. It offers many benefits as compared to other commercial porous materials. ACF is a microporous material that has well-defined porous structure and fiber shape.
 

The unique properties associated with the product are rapid desorption and adsorption, ease of handling, high volumetric capacity, and excellent packing density, that make ACFs extremely useful in various applications like refrigeration, removal of heavy metal, capacitors, vapor sensing, storage of biogas & natural gas, catalysis, electrochemical, and biomedical.
 

Based on material type, worldwide activated carbon fiber (ACF) industry is segmented into cellulose based, polyacrylonitrile (PAN) based, pitch based, phenolic resin based, and other materials. Among these, cellulose based ACF segment is anticipated to amass USD 215 million during the analysis period. This can be accredited to increasing use of these materials in water purification and personal protective clothing applications.
 

Speaking of application range, the marketplace is categorized into air purification, chemical recovery, water treatment, catalyst carrier, and others. As cited in the report, catalyst carrier application segment is expected to record 6.4% CAGR over the forecast timeframe, owing to growing usage of ACFs in catalyst substrates and development of super capacitors.
 

The geographical analysis of this industry extends to North America, Middle East & Africa, Asia Pacific, Europe, and Latin America. Expert analysts speculate that Latin America market is reckoned to grow at 6.1% CAGR over 2021-2027, owing to expanding chemical and wastewater treatment industries in the region.
 

Prominent players influencing the worldwide activated carbon fiber (ACF) industry trends are Jiangsu Sutong Carbon Fiber Co. Ltd., Jiangsu Kejing Carbon Fiber Co. Ltd., HP Materials Solutions Inc., Gun Ei Chemical Industry Co. Ltd., Evertech Envisafe Ecology Co. Ltd., Anshan Sinocarb Carbon Fibers Co. Ltd., Unitika Ltd., Open Joint Stock Company, Osaka Gas Chemicals Co. Ltd., Jiangsu Tongkang Activated Carbon Fiber Co. Ltd., Awa Paper & Technological Company Inc., Toyobo Co. Ltd., Kuraray Co. Ltd., Hangzhou Nature Technology Co. Ltd., and MC Evolve Technologies Corporation.