Market Forecast 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: ETC4498524 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Korea Activated Carbon Fiber Market |
Forecast period | 2025-2031 |
CAGR | 9.2% |
Growing Sector | Water Treatment |
The South Korea Activated Carbon Fiber Market report thoroughly covers the market By Type, and By Application. The market 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 South Korea activated carbon fiber market is experiencing notable growth, driven by increasing demand in environmental applications such as air and water purification. Activated carbon fiber is recognized for its superior adsorption capacity, faster adsorption rates, and reusability compared to granular activated carbon. Trends in the market reveal a shift towards sustainable and efficient technologies for pollution control across industries. Despite its high production cost, the market's significance is underscored by stringent environmental regulations and a growing emphasis on public health and environmental sustainability.
According to 6Wresearch, South Korea Activated Carbon Fiber Market size is expected to grow at a significant CAGR of 9.2% during the forecast period 2025-2031. Factors contributing to the growth of the South Korea activated carbon fiber market include technological advancements in fiber production, increasing urbanization, and stringent environmental regulations. The need for improved air and water quality has driven industries to adopt more effective purification methods. Additionally, government incentives and growing environmental awareness among consumers have fostered the adoption of activated carbon fiber solutions. Industrial applications, such as solvent recovery and catalytic processes, also contribute to the rising demand for this material.
Further, the South Korea activated carbon fiber market faces several challenges, including high production and raw material costs, which can affect competitive pricing. Additionally, the market is influenced by regulatory hurdles that require compliance with strict environmental standards. Technological limitations in scaling up production processes and the presence of alternative materials in the market also pose significant obstacles. Furthermore, market volatility and economic factors may impact investment in new technologies and infrastructure necessary for production and utilization.
Major players in the South Korea activated carbon fiber market include companies such as Kuraray Co., Ltd., Osaka Gas Chemicals Co., Ltd., Toyobo Co., Ltd., and Unitika Ltd. These companies are at the forefront of developing high-performance activated carbon fibers and innovative applications to meet the increasing demand in various industries.
The South Korean government has implemented several initiatives to support the growth of the activated carbon fiber market. Policies such as the "Clean Air Conservation Act" and the "Water Supply and Waterworks Installation Act" emphasize environmental protection and drive the demand for advanced purification solutions. Additionally, government funding for research and development in green technologies and incentives aimed at adopting sustainable practices bolster market growth by encouraging innovation and reducing production costs.
The future outlook for the South Korea activated carbon fiber market is promising, with potential growth driven by emerging trends such as increasing integration into renewable energy technologies and biomedical applications. Ongoing investments in R&D and advancements aimed at improving product performance while lowering costs are expected to open new opportunities. However, persistent challenges like competition from alternative materials and financial barriers to scaling up production will continue to shape the market's trajectory.
According to Ravi Bhandari, Research Head, 6Wresearch, the PAN-Based activated carbon fiber segment is experiencing notable growth in the South Korean market. This growth can be attributed to PAN-Based fibers' superior mechanical properties, higher adsorption capacities, and versatility across various industrial applications. Particularly in sectors demanding high-performance filtration and purification standards, such as air and water treatment, PAN-Based fibers are preferred due to their durability and effectiveness. As environmental regulations become stricter and demand for efficient pollution control rises, the adoption of PAN-Based activated carbon fibers continues to expand, promising sustained market growth.
The air purification segment is demonstrating significant growth within the South Korean activated carbon fiber market. As urbanization and industrial activities increase, the need for effective air purification solutions has become more pronounced. Activated carbon fibers, with their high adsorption rates and efficiency in capturing airborne pollutants, are increasingly employed in both residential and industrial settings. The government's stringent air quality regulations and initiatives promoting clean air further drive this demand. Consequently, the air purification application of activated carbon fiber is gaining traction, contributing to the overall market expansion.
The report offers a comprehensive study of the following 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 South Korea Activated Carbon Fiber Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Activated Carbon Fiber Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Activated Carbon Fiber Market - Industry Life Cycle |
3.4 South Korea Activated Carbon Fiber Market - Porter's Five Forces |
3.5 South Korea Activated Carbon Fiber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Activated Carbon Fiber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 South Korea Activated Carbon Fiber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for clean energy and environmental sustainability |
4.2.2 Growing adoption of activated carbon fiber in water air purification applications |
4.2.3 Technological advancements leading to improved performance and cost-effectiveness |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of awareness about the benefits and applications of activated carbon fiber |
4.3.3 Stringent regulations and standards for environmental protection |
5 South Korea Activated Carbon Fiber Market Trends |
6 South Korea Activated Carbon Fiber Market, By Types |
6.1 South Korea Activated Carbon Fiber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Activated Carbon Fiber Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 South Korea Activated Carbon Fiber Market Revenues & Volume, By PAN-based, 2021-2031F |
6.1.4 South Korea Activated Carbon Fiber Market Revenues & Volume, By Pitch-based, 2021-2031F |
6.1.5 South Korea Activated Carbon Fiber Market Revenues & Volume, By Cellulosic Fiber, 2021-2031F |
6.1.6 South Korea Activated Carbon Fiber Market Revenues & Volume, By Phenolic Resin, 2021-2031F |
6.2 South Korea Activated Carbon Fiber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Activated Carbon Fiber Market Revenues & Volume, By Solvent Recovery, 2021-2031F |
6.2.3 South Korea Activated Carbon Fiber Market Revenues & Volume, By Air Purification, 2021-2031F |
6.2.4 South Korea Activated Carbon Fiber Market Revenues & Volume, By Water Treatment, 2021-2031F |
6.2.5 South Korea Activated Carbon Fiber Market Revenues & Volume, By Catalyst Carrier, 2021-2031F |
7 South Korea Activated Carbon Fiber Market Import-Export Trade Statistics |
7.1 South Korea Activated Carbon Fiber Market Export to Major Countries |
7.2 South Korea Activated Carbon Fiber Market Imports from Major Countries |
8 South Korea Activated Carbon Fiber Market Key Performance Indicators |
8.1 Research and development investment in activated carbon fiber technology |
8.2 Adoption rate of activated carbon fiber in key industries (e.g., water treatment, automotive) |
8.3 Number of partnerships and collaborations for expanding market reach and product innovation |
9 South Korea Activated Carbon Fiber Market - Opportunity Assessment |
9.1 South Korea Activated Carbon Fiber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Activated Carbon Fiber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 South Korea Activated Carbon Fiber Market - Competitive Landscape |
10.1 South Korea Activated Carbon Fiber Market Revenue Share, By Companies, 2024 |
10.2 South Korea Activated Carbon Fiber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |