Global Activated Carbon Market to Cross US$ 3 Billion by 2017 Says TechSci Research
Summary
In 2011, the global installed capacity for activated carbon reached 1,620 Thousand tons and is expected to grow incessantly right through 2017 at the compounded annual growth rate (CAGR) of 11%.Other companies including Siemens Industry, Haycarb, Arkema, Osaka Gas, Kuraray, etc are other big names that are giving active competition to market leaders.Therefore companies now require a clearly defined vision along with a strategic roadmap which would help them survive in the growing worldwide competition and sustain their growth for a longer period of time.Due to increased worldwide concern on rising environment pollution, governments are confronting some adverse effects in the form of water and air contamination.In 2011, the global installed capacity for activated carbon reached 1,620 Thousand tons and is expected to grow incessantly right through 2017 at the compounded annual growth rate (CAGR) of 11%.