Lucintel's latest market report analyzed that activated carbon fiber provides attractive opportunities in water treatment, food and beverage processing, pharmaceutical and medical, automotive, and air purification applications. The activated carbon fiber market is expected to reach $573.9million by 2028 with a CAGR of 7.7%. In this market, syntheticis the largest segment by material, whereas water treatment is largest by application.
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Based on material, the activated carbon fiber market is segmented into synthetic and natural. The syntheticsegment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its increasing application in water treatment and air purification applications.
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The Activated Carbon Fiber Market is marked by the presence of several big and small players. Some of the prominent players offering activated carbon fiber include Osaka Gas Chemicals, Kuraray, Unitika, Toyobo, Hangzhou Nature Technology, and HP Materials Solutions.
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