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Demand for Activated Carbon to Reach Almost 2 Million m.t. in 2016
7:56 AM MDT | May 2, 2012 | Sotirios Frantzanas
Global demand for activated carbon is forecast to grow by more than 10%/year, to 1.9 million m.t. in 2016, according to a study by the U.S. industry market research firm The Freedonia Group (Cleveland, OH). Activated carbon markets in the U.S. and China will be the fastest growing because of regulatory changes in the U.S., and China's twelfth Five-Year Plan (2011-2015), which seeks to improve water and air quality in the nation, the study says. The expanding production of edible oils, beverages, and sweeteners will drive demand growth in other markets, but in a...
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