Market Overview:
The global polyacrylonitrile (PAN) based activated carbon fiber market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for activated carbon fibers from various end-use industries such as solvent recovery, air purification, water treatment, catalyst carrier and others. PAN based activated carbon fibers are majorly used in these applications owing to their high porosity and surface area that helps in adsorbing a variety of pollutants from air or liquid streams. Based on type, the global PAN based activated carbon fiber market is segmented into long fiber and short fiber segments. The long fiber segment is anticipated to account for a larger share of the market during the forecast period due to its superior properties such as high mechanical strength and thermal stability as compared to short fibers. On the basis of application, solvent recovery accounts for a major share of the global PAN based activated carbon fiber market followed by air purification and water treatment applications respectively. This can be attributed to stringent environmental regulations across various countries mandating companies reduce emissions from their manufacturing facilities which has led them adopt activated carbon filters for solvent recovery application specifically .
 Based Activated Carbon Fiber Industry Outlook.svg)
Product Definition:
A carbon fiber made from polyacrylonitrile, a synthetic polymer. PAN-based activated carbon fibers are used in air filters, water filters, and other applications where high performance filtration is required.
Long Fiber:
Long fiber is the name given to fibers that are longer than the average fiber length. The fibers can be natural or synthetic in nature and their average length can vary from 0.1 to 10 meters depending on the application and quality required by consumers.
Short Fiber:
Short fiber is a type of fiber that has less than 20,000 long fibers per mile. Short fibers are used in the manufacturing of Activated Carbon Fiber (ACF) which is widely used as an adsorbent for gases and chemicals in chemical industries. The short-fiber technology provides high surface area, superior pore structure and uniformity along with low cost over other technologies available in the market today.
Application Insights:
The major applications of the product include solvent recovery, air purification, water treatment, catalyst carrier and others. In 2017, solvent recovery application dominated the global market with a share of over 40% in terms of revenue. The growth can be attributed to increasing demand for acf for solvent extraction from petroleum refining process along with high demand from other end-use industries such as pharmaceuticals and paints.
Polyacrylonitrile based activated carbon fiber is used as an adsorbent in air purification application which is projected to grow at a CAGR of XX%, in terms of revenue during the forecast period owing to its ability to remove pollutants including formaldehyde, benzene and xylene from exhaust gases produced by combustion engines. Furthermore, it also has excellent properties such as high surface area & pore size distribution which makes it suitable for treating concentrated industrial effluents that contain suspended particles or liquid droplets thus making them suitable for use as an air purifier agent.
Regional Analysis:
Asia Pacific dominated the global market in terms of both volume and revenue. The region is expected to witness a CAGR of XX% over the forecast period, owing to rapid industrialization and increasing per capita income in emerging countries such as China, India, Indonesia, Vietnam and Thailand. Growing population coupled with rising standards of living has led to an increase in demand for consumer goods resulting into increased demand for PAN based activated carbon fiber from end-use industries such as food & beverage; textile; pharmaceuticals; water treatment; metal processing etc.; which will drive the regional market growth over the forecast period.
The Asia Pacific was followed by North America that accounted for 17% share of global revenue in 2017 due to high consumption levels coupled with stringent environmental regulations by EPA (Environmental Protection Agency) regarding wastewater treatment processes leading to increased product adoption across various applications including solvent recovery process, air purification process etc., thereby driving industry growth over the projected time frame.
Growth Factors:
- Increasing demand for activated carbon fiber in various end-use industries such as automotive, aerospace, defense, and others
- Growing environmental concerns and regulations across the globe that promote the use of activated carbon fiber products
- Rising investments by key players in research and development to develop new and innovative activated carbon fiber products
- Technological advancements in manufacturing processes of PAN-based activated carbon fibers that result in improved product quality and performance
- Growing awareness about the benefits of using PAN-based activated carbon fibers among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Research Report
By Type
Long Fiber, Short Fiber
By Application
Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier, Others
By Companies
Toyobo, Kuraray, Unitika, Gunei Chem, Evertech Envisafe Ecology, Taiwan Carbon Technology, Awa Paper, HP Materials Solutions, Sutong Carbon Fiber, Jiangsu Tongkang, Toyobo, Nantong Senyou, Kejing Carbon Fiber, Nantong Beierge, Nantong Yongtong, Xintong ACF, Nature Technology, Hailan Filtration Tech, Sinocarb Carbon Fibers, Nantong Jinheng, Zichuan Carbon Fiber
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Report Segments:
The global Polyacrylonitrile (PAN) Based Activated Carbon Fiber market is segmented on the basis of:
Types
Long Fiber, Short Fiber
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Toyobo
- Kuraray
- Unitika
- Gunei Chem
- Evertech Envisafe Ecology
- Taiwan Carbon Technology
- Awa Paper
- HP Materials Solutions
- Sutong Carbon Fiber
- Jiangsu Tongkang
- Toyobo
- Nantong Senyou
- Kejing Carbon Fiber
- Nantong Beierge
- Nantong Yongtong
- Xintong ACF
- Nature Technology
- Hailan Filtration Tech
- Sinocarb Carbon Fibers
- Nantong Jinheng
- Zichuan Carbon Fiber
 Based Activated Carbon Fiber Market Overview.svg)
Highlights of The Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Long Fiber
- Short Fiber
- By Application:
- Solvent Recovery
- Air Purification
- Water Treatment
- Catalyst Carrier
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Based Activated Carbon Fiber Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyacrylonitrile (PAN) based activated carbon fiber is a type of carbon fiber made from a polymer that is heated until it becomes liquid and then cooled to form the fibers. The PAN molecules are then tightly bound together, creating very strong fibers. These fibers are often used in filters because they can trap large amounts of pollutants.
Some of the major companies in the polyacrylonitrile (pan) based activated carbon fiber market are Toyobo, Kuraray, Unitika, Gunei Chem, Evertech Envisafe Ecology, Taiwan Carbon Technology, Awa Paper, HP Materials Solutions, Sutong Carbon Fiber, Jiangsu Tongkang, Toyobo, Nantong Senyou, Kejing Carbon Fiber, Nantong Beierge, Nantong Yongtong, Xintong ACF, Nature Technology, Hailan Filtration Tech, Sinocarb Carbon Fibers, Nantong Jinheng, Zichuan Carbon Fiber.
The polyacrylonitrile (pan) based activated carbon fiber market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size & Forecast, 2018-2028
4.5.1 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size and Y-o-Y Growth
4.5.2 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Absolute $ Opportunity
Chapter 5 Global Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Type
5.2.1 Long Fiber
5.2.2 Short Fiber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Applications
6.2.1 Solvent Recovery
6.2.2 Air Purification
6.2.3 Water Treatment
6.2.4 Catalyst Carrier
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Type
9.6.1 Long Fiber
9.6.2 Short Fiber
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Applications
9.10.1 Solvent Recovery
9.10.2 Air Purification
9.10.3 Water Treatment
9.10.4 Catalyst Carrier
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Polyacrylonitrile (PAN) Based Activated Carbon Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Type
10.6.1 Long Fiber
10.6.2 Short Fiber
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Applications
10.10.1 Solvent Recovery
10.10.2 Air Purification
10.10.3 Water Treatment
10.10.4 Catalyst Carrier
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Polyacrylonitrile (PAN) Based Activated Carbon Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Type
11.6.1 Long Fiber
11.6.2 Short Fiber
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Applications
11.10.1 Solvent Recovery
11.10.2 Air Purification
11.10.3 Water Treatment
11.10.4 Catalyst Carrier
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Type
12.6.1 Long Fiber
12.6.2 Short Fiber
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Applications
12.10.1 Solvent Recovery
12.10.2 Air Purification
12.10.3 Water Treatment
12.10.4 Catalyst Carrier
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Polyacrylonitrile (PAN) Based Activated Carbon Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Type
13.6.1 Long Fiber
13.6.2 Short Fiber
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market Size Forecast by Applications
13.10.1 Solvent Recovery
13.10.2 Air Purification
13.10.3 Water Treatment
13.10.4 Catalyst Carrier
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market: Competitive Dashboard
14.2 Global Polyacrylonitrile (PAN) Based Activated Carbon Fiber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toyobo
14.3.2 Kuraray
14.3.3 Unitika
14.3.4 Gunei Chem
14.3.5 Evertech Envisafe Ecology
14.3.6 Taiwan Carbon Technology
14.3.7 Awa Paper
14.3.8 HP Materials Solutions
14.3.9 Sutong Carbon Fiber
14.3.10 Jiangsu Tongkang
14.3.11 Toyobo
14.3.12 Nantong Senyou
14.3.13 Kejing Carbon Fiber
14.3.14 Nantong Beierge
14.3.15 Nantong Yongtong
14.3.16 Xintong ACF
14.3.17 Nature Technology
14.3.18 Hailan Filtration Tech
14.3.19 Sinocarb Carbon Fibers
14.3.20 Nantong Jinheng
14.3.21 Zichuan Carbon Fiber
