1. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Europe Activated Carbon Fiber Market to grow at 6.2% CAGR from 2021 to 2027: Graphical Research

2. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Europe Activated Carbon Fiber MarketEurope Activated Carbon Fiber Market has witnessed robust expansion because of the growing water and air pollution and emission issues faced by the region in recent years. Industrial activities are growing at a rapid pace which has increased the amount of wastewater and polluted air being released in the region. This has created a lot of pressure on clean water bodies and the air quality of countries across Europe has majorly dropped as well. It has limited people’s access to drinkable water and clean air, thereby raising the percentage of air purification and wastewater treatment industries in the region. Europe activated carbon fiber market is anticipated to go past $430.3 million by 2027. Germany is said to have the largest sustainable water management system in the region that helps convert polluted water into clean and drinkable water. The country holds the largest share in the regional wastewater treatment industry and will continue progressing in the future as well. These factors will drive the demand for activated carbon fibers in Europe. The fibers will be useful in air purification as well because they help remove impurities and toxins from the air released by industries. The COVID-19 pandemic has created a notable impact on the development of Europe activated carbon fiber market because of the rapid rise in the number of positive cases in the region. Governments have started placing strict regulations on the movement of people and since the virus is considered by some to be airborne, the need to have access to clean air has increased in the region as well. It has raised the demand for HEPA (High Efficiency Particulate Air) - based air purifiers as they are known to filter out all kinds of dust, pollen, bacteria and viruses from the air, providing consumers with access to fresh and clean air.

3. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Get sample copy of this research report @ https://bit.ly/3Jw0R79https://bit.ly/3Jw0R79 Polyacrylonitrile (PAN)-based activated carbon fiber market will grow at a swift rate in the coming years. This ingredient is popular in the production of ACF because of high carbon yield and greater thermal stability in high temperature conditions as compared to its counterparts. Out of the total activated carbon fibers manufactured using different materials, PAN-based activated carbon fibers hold nearly 90% of the total production. These fibers are ultra-fine in nature and can be used as a great absorbent for a long period of time. They possess great tensile strength as well which makes them a popular product among end-users. Activated carbon fiber market in Europe will expand because of rise in the creation of advanced wastewater treatment technologies to remove impurities from polluted industrial water. The European Union has started introducing some stringent rules regarding the treatment and disposal of industrial wastewater to safeguard public health. This has raised the production of activated carbon fibers because they help remove impurities and dirt from wastewater and reduce bacterial growth to a great extent. They can even be used in residential water facilities to provide potable water to the residents. Many companies are increasing their investments in conducting research and development activities to find out the potential uses of ACFs in different areas to widen their application. Need for wastewater treatment and rising air pollution and emission levels are becoming a growing cause of concern for many nations across Europe. These issues have fueled the demand for ACFs to a great extent and companies like Mitsubishi Rayon, Zoltek (Toray Group), Kuraray Co. Ltd. and OJSC are bringing in efficient technologies to produce ACFs that will help combat these issues. Request for customization @ https://bit.ly/3P2ytKKhttps://bit.ly/3P2ytKK

4. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com Segmentation of Europe Activated Carbon Fiber Market: Europe Market, By Material Cellulose-based Polyacrylonitrile (PAN) based Phenolic resin-based Pitch-based others Europe Market, By Application Air purification Water treatment Chemical recovery Catalyst carrier Others The above information has been provided for the following countries: Europe Germany UK France Italy Spain Russia Rest of Europe

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