Market Forecast by Countries (United States, Canada), By Type (PAN-based, Pitch-based, Cellulosic Fiber, Phenolic Resin), By Application (Solvent Recovery, Air Purification, Water Treatment, Catalyst Carrier) And Competitive Landscape
Product Code: ETC4622545 | Publication Date: Jul 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
Report Name | North America Activated Carbon Fiber Market |
Forecast period | 2025-2031 |
Forecast Size | 130 million by 2031 |
CAGR | 3.7% |
Growing Sector | Pharmaceutical |
North America Activated Carbon Fiber Market report thoroughly covers the market By Countries, By Type, and By Application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America Activated Carbon Fiber Market is expected to expand from around USD 60 million to approximately USD 130 million by 2031, with a compound annual growth rate (CAGR) of 3.7%. This growth is fueled by rising environmental regulations, increasing awareness of sustainable solutions, and the need for efficient filtration technologies, particularly in key markets like South North America, Egypt, and Nigeria.
North America Activated Carbon Fiber Market is experiencing significant growth, driven by the increasing awareness of pollution control and water purification needs in the region. This material, known for its exceptional adsorption properties, is increasingly utilized across various industries, including water treatment, air purification, and chemical processing. Countries within North America are progressively adopting ACF technologies to address environmental concerns, aiming to improve public health standards and comply with global sustainability mandates. The North America Activated Carbon Fiber Market Growth is further propelled by investments in research and development, aiming to enhance the efficiency and application scope of activated carbon fiber materials.
According to 6Wresearch, the North America Activated Carbon Fiber Market size is projected to reach a CAGR of 3.7% during the forecast period of 2025-2031. The market is witnessing significant growth, driven by an increasing demand for water treatment solutions and air purification systems across the continent. Foremost trends include the rising awareness regarding pollution control and the incremental steps towards environmental sustainability.
However, the market faces restraints due to the limited access to raw materials and the relatively high cost of production technologies in certain regions. Despite these challenges, emerging opportunities are on the rise, particularly with the advent of low-cost production methods and the expansion of applications in industrial processes. Innovations in recycling and regeneration of activated carbon fibers present the potential for market expansion, setting the stage for sustainable growth in the industry.
Activated carbon has long been used in North America for various applications including air and water purification, gas and liquid phase filtration, and decolorization. In recent years, the market for activated carbon in North America has expanded to include new industries such as pharmaceuticals, food and beverage, and environmental remediation. This growth is driven by the increasing awareness of the harmful effects of pollution on human health and the environment.
Advances in technology have greatly improved the efficiency and effectiveness of activated carbon in various applications. One such advancement is the development of activated carbon with enhanced surface area and pore structure, which allows for better adsorption of pollutants. This has led to increased demand for activated carbon for air and water purification purposes. Another technological trend is the use of impregnated or modified activated carbon, which is chemically treated to have specific functionalities or target certain pollutants. These types of activated carbons are highly effective in removing contaminants such as heavy metals, pesticides, and volatile organic compounds (VOCs).
The government-led initiatives are projected to proliferate the North America Activated Carbon Fiber Market Growth. Such measures include incentives for companies investing in eco-friendly production methods and subsidies for research in the development of high-efficiency activated carbon fibers. These policies not only aim to mitigate environmental impact but also to position North America as a key player in the global market for activated carbon fiber. One such notable initiative is the North American Union's Agenda 2063, which advocates for a sustainable and prosperous North America. The agenda highlights the importance of green growth, with an emphasis on adopting clean and renewable energy sources that utilize activated carbon fiber. This has led to increased investment in research and development of advanced technologies for producing activated carbon fiber from locally available resources.
The North America Activated Carbon Fiber market has several leading companies which have emerged as leaders due to their innovative product lines and strategic market approaches. These include Kuraray Co., Ltd., Toyobo Co., Ltd., Unitika Ltd., and Nature Technology.
The activated carbon fiber market in North America is poised for substantial growth, driven by rising environmental awareness, industrial expansion, and supportive government policies. Technological advancements and sustainable practices are expected to further enhance the production capabilities, thereby increasing the continent's contribution to the global market. The emphasis on local manufacturing, along with international partnership, signifies a bright future for the activated carbon fiber industry in North America.
United States being the largest producer and consumer of activated carbon fiber in the region, it dominates the market with a significant share.
The PAN-Based activated carbon fiber is forecast to grow steadily due to its superior adsorption properties, mechanical strength, and thermal stability.
According to Dhaval, Research Manager, 6Wresearch, the Water Treatment segment is dominating the North America Activated Carbon Fiber Market Share owing to increasing concerns over water pollution and the pressing need for clean drinking water in various North American countries.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Activated Carbon Fiber Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Activated Carbon Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 North America Activated Carbon Fiber Market - Industry Life Cycle |
3.4 North America Activated Carbon Fiber Market - Porter's Five Forces |
3.5 North America Activated Carbon Fiber Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Activated Carbon Fiber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 North America Activated Carbon Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 North America Activated Carbon Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Activated Carbon Fiber Market Trends |
6 North America Activated Carbon Fiber Market, 2021 - 2031 |
6.1 North America Activated Carbon Fiber Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 North America Activated Carbon Fiber Market, Revenues & Volume, By Application, 2021 - 2031 |
7 United States Activated Carbon Fiber Market, 2021 - 2031 |
7.1 United States Activated Carbon Fiber Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 United States Activated Carbon Fiber Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Canada Activated Carbon Fiber Market, 2021 - 2031 |
8.1 Canada Activated Carbon Fiber Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Canada Activated Carbon Fiber Market, Revenues & Volume, By Application, 2021 - 2031 |
9 North America Activated Carbon Fiber Market Key Performance Indicators |
10 North America Activated Carbon Fiber Market - Opportunity Assessment |
10.1 North America Activated Carbon Fiber Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Activated Carbon Fiber Market Opportunity Assessment, By Type, 2021 & 2031F |
10.3 North America Activated Carbon Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
11 North America Activated Carbon Fiber Market - Competitive Landscape |
11.1 North America Activated Carbon Fiber Market Revenue Share, By Companies, 2024 |
11.2 North America Activated Carbon Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |