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Activated Carbon Fiber (ACF) Market
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Activated Carbon Fiber (ACF) Market Trends 2021 | Industry Growth, Size, Share, Demand and Forecast to 2027 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Global Market Scenario of Activated Carbon Fiber (ACF) Industry • Latest market research by Global Market Insights, Inc. claims that the activated carbon fiber (ACF) market share is estimated to exceed $1.4 billion by 2027. • The global activated carbon fiber (ACF) market is set to depict lucrative growth over the coming years owing to rapidly surging industrialization and a rising need for wastewater treatment. Numerous industry players have also started entering into collaborations and partnership agreements for the enhancement of their product portfolio, fostering the business scenario. • For instance, in January 2017, Mitsubishi Rayon Co. Ltd., announced the acquisition of an Evanston-based carbon fiber plant from the SGL Group. The move was intended at the expansion of the company’s North American business in that material. Such developments are poised to consolidate the outlook for activated carbon fiber filters, driving revenue expansion over the estimated period. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Continue:- • How will the activated carbon fiber (ACF) market expand across Europe? • The Europe activated carbon fiber (ACF) market value will grow at a substantial CAGR of nearly 6.2% through the analysis timeline. This growth is attributed to the presence of numerous car manufacturing facilities as well as strict regulations on air and chemical pollution in the region. • Furthermore, soaring demand for water treatment equipment and increasing health issues are expected to bolster the demand for activated water filters over the anticipated period. • What drivers will augment the growth of the phenolic resin based ACF segment in the activated carbon fiber (ACF) market? • The phenolic resin based ACF segment is likely to account for a revenue share of more than $280 million by 2027. These materials have higher thermal stability, good thermal insulation, and corrosion resistance in comparison to pitch as well as other precursor products. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/4360 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
360° Industry Analysis • The chemical recovery application is slated to record a remarkable CAGR of 6.8% through the projected period. Solvent and chemical recovery are a few prominent concerns in the chemical industry. • The development of numerous solvent recovery equipment over the recent years has created the demand for activated carbon fiber cloth and other ACF products. These equipment help in the absorption and recycling of various organic solvents, comprising alcohol, lipid, benzene, ketone, and others. • In a nutshell, the increasing demand for investments in R&D as well as wastewater treatment projects will boost activated carbon fiber (ACF) market size through the assessment span. Request for customization:https://www.gminsights.com/roc/4360 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Competitive Analysis: • Mitsubishi Rayon, Toyobo Co. Ltd., Awa Paper & Technological Company Inc., Osaka Gas Chemicals Co., Ltd., and Unitika Ltd. are some of the key players operating in the Activated Carbon Fiber (ACF) Market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Activated Carbon Fiber (ACF) Market@ https://www.gminsights.com/industry-analysis/activated-carbon-fiber-acf-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4360 Request for customization: https://www.gminsights.com/roc/4360 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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