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INDUSTRY MARKET RESEARCH FOR BUSINESS LEADERS, STRATEGISTS, DECISION MAKERS CLICK TO VIEW

Table of Contents 2

List of Tables & Charts 3

Study Overview 5

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World Fluorochemicals

Industry Study with Forecasts for 2018 & 2023

Study #3200 | October 2014 | $6300 | 410 pages

The Freedonia Group 767 Beta Drive www.freedoniagroup.com Cleveland, OH • 44143-2326 • USA Toll Free US Tel: 800.927.5900 or +1 440.684.9600 Fax: +1 440.646.0484 E-mail: [email protected] Study #3200 October 2014 World Fluorochemicals $6300 410 Pages Industry Study with Forecasts for 2018 & 2023

Table of Contents NORTH AMERICA Fluorochemical Markets...... 309 Fluorochemical Suppliers...... 312 Economic Overview...... 108 Executive Summary Fluorochemical Supply & Demand...... 109 Fluorochemical Demand...... 111 INDUSTRY STRUCTURE Market EnvironmenT United States...... 113 General...... 314 General...... 4 Canada...... 124 Market Share...... 317 World Economic Overview...... 4 Mexico...... 133 Industry Restructuring...... 321 Recent Historical Trends...... 5 Competitive Strategies...... 323 World Economic Outlook...... 6 WESTERN EUROPE Product Focus/Specialization...... 324 World Population Outlook...... 9 Product Differentiation...... 325 Economic Overview...... 142 World Fixed Investment Outlook...... 11 Research & Development...... 326 Fluorochemical Supply & Demand...... 143 World Manufacturing Outlook...... 13 Cooperative Agreements...... 328 Fluorochemical Demand...... 145 World Motor Vehicle Overview...... 15 Marketing & Distribution...... 330 Germany...... 148 World Motor Vehicle Park...... 16 Italy...... 158 World Motor Vehicle Production...... 17 France...... 167 Company Profiles World Cooling & Refrigeration Outlook... 20 Spain...... 175 Cooling Equipment...... 21 Air Products and Chemicals...... 332 United Kingdom...... 182 Commercial Refrigeration...... 22 Arkema SA...... 335 Other Western Europe...... 190 Residential Refrigeration...... 24 Asahi Glass...... 340 World Foamed Plastic Central Glass...... 345 Insulation Outlook...... 26 ASIA/PACIFIC Daikin Industries...... 348 Dongyue Group...... 354 World Primary Aluminum Outlook...... 28 Economic Overview...... 199 DuPont (EI) de Nemours...... 356 Environmental & Regulatory Fluorochemical Supply & Demand...... 200 Honeywell International...... 363 Considerations...... 31 Fluorochemical Demand...... 202 Mexichem SAB de CV...... 368 Environmental Impact...... 32 China...... 205 Mitsui Chemicals...... 371 Montreal Protocol...... 36 Japan...... 219 Shanghai 3F New Materials...... 373 Kyoto Protocol...... 39 India...... 229 Solvay SA...... 375 South Korea...... 238 South African Nuclear Energy...... 382 Australia...... 247 OVERVIEW 3M Company...... 384 Other Asia/Pacific...... 255 Product Overview...... 41 Other Companies in the World Inorganics & Specialties...... 45 Fluorochemical Industry...... 389 ...... 49 OTHER REGIONS HFCs...... 54 Central & South America...... 264 HCFCs...... 59 Economic Overview...... 264 List of Tables/Charts Other...... 62 Fluorochemical Supply & Demand..... 265 ...... 65 Fluorochemical Demand...... 267 Market Overview...... 69 Brazil...... 268 Executive Summary ...... 72 Other Central & South America...... 276 Commercial...... 76 Eastern Europe...... 284 1 Summary Table...... 3 Residential...... 78 Economic Overview...... 284 Motor Vehicles...... 80 Fluorochemical Supply & Demand..... 285 Market EnvironmenT Aluminum Production...... 84 Fluorochemical Demand...... 286 Blowing Agents...... 86 Russia ...... 288 1 World Gross Domestic Product Other...... 89 Other Eastern Europe...... 296 by Region...... 9 Regional Overview...... 99 Africa/Mideast...... 304 2 World Population by Region...... 11 Demand...... 99 Economic Overview...... 304 3 World Gross Fixed Capital Production...... 102 Fluorochemical Supply & Demand..... 305 Formation by Region...... 12 Trade Flows...... 105 Fluorochemical Products...... 306 (continued on following page)

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List of Tables/Charts 10 World Commercial Market 8 Canada: Fluorochemical for Fluorochemicals by Region..... 78 Demand by Market...... 132 (continued from previous page) 11 World Residential Refrigeration 9 Mexico: Fluorochemical 4 World Manufacturing Value Market for Fluorochemicals Supply & Demand...... 135 Added by Region...... 15 by Region...... 80 10 Mexico: Fluorochemical 5 World Motor Vehicle Park by Region 17 12 World Motor Vehicle Refrigerant Demand by Product...... 137 6 World Motor Vehicle Production Market for Fluorochemicals Cht Mexico: Fluorochemical Demand by Region...... 20 by Sector, Product, & Region...... 83 by Product, 2003-2023...... 138 7 World Cooling Equipment 13 World Aluminum Market for 11 Mexico: Fluorochemical Shipments by Region...... 22 Fluorochemicals by Region...... 86 Demand by Market...... 140 8 World Refrigeration & Freezer 14 World Blowing Agent Market for Production by Region...... 25 Fluorochemicals by Product WESTERN EUROPE 9 World Foamed Plastic & Region...... 89 Insulation Demand...... 28 15 World Other Markets for 1 Western Europe: Fluorochemical 10 World Primary Aluminum Fluorochemicals by Supply & Demand...... 145 Production by Region...... 30 Market & Region...... 91 2 Western Europe: Fluorochemical Cht World Primary Aluminum Production 16 World Fluorochemical Demand by Product & Market..... 147 by Region, 2003-2023...... 31 Demand by Region...... 101 Cht Western Europe: Fluorochemical 11 Ozone Depletion & Global Cht World Fluorochemical Demand Demand by Country, 2013...... 148 Warming Potentials for by Region, 2013...... 102 3 Germany: Fluorochemical Selected Fluorocarbons...... 36 17 World Fluorochemical Production Supply & Demand...... 151 by Region...... 104 4 Germany: Fluorochemical Demand by Product...... 153 OVERVIEW Cht World Fluorochemical Production by Region, 2013...... 105 Cht Germany: Fluorochemical Demand 1 World Fluorochemical 18 World Fluorochemical Net Exports, by Product, 2003-2023...... 154 Demand by Product...... 43 Stock Change, & Reuse 5 Germany: Fluorochemical Cht World Fluorochemical Demand by by Region...... 107 Demand by Market...... 157 Product, 2013: Volume vs. Value.. 44 6 Italy: Flurorochemical 2 World Inorganic & Specialty Supply & Demand...... 161 Fluorochemical Demand NORTH AMERICA 7 Italy: Fluorochemical by Product & Region...... 49 1 North America: Fluorochemical Demand by Product...... 163 3 World Demand by Supply & Demand...... 110 Cht Italy: Fluorochemical Demand Product, Market, & Region...... 53 2 North America: Fluorochemical by Product, 2003-2023...... 164 Cht World Fluorocarbon Demand Demand by Product & Market..... 112 8 Italy: Fluorochemical by Product, 2003-2023...... 54 Cht North America: Fluorochemical Demand by Market...... 166 4 World HFC Demand by Product, Demand by Country, 2013...... 113 9 France: Fluorochemical Market, & Region...... 56 3 United States: Fluorochemical Supply & Demand...... 169 5 World HCFC Demand by Product, Supply & Demand...... 116 10 France: Fluorochemical Market, & Region...... 60 4 United States: Fluorochemical Demand by Product...... 171 6 World Other Fluorocarbons Demand Demand by Product...... 119 Cht France: Fluorochemical Demand by Product, Market & Region...... 63 Cht United States: Fluorochemical by Product, 2003-2023...... 172 7 World Demand Demand by Product, 2003-2023 120 11 France: Fluorochemical by Product & Region...... 69 5 United States: Fluorochemical Demand by Market...... 174 8 World Fluorochemical Demand by Market...... 122 12 Spain: Fluorochemical Demand by Market...... 71 6 Canada: Fluorochemical Supply & Demand...... 177 Cht World Fluorochemical Demand Supply & Demand...... 127 13 Spain: Fluorochemical by Market, 2013...... 72 7 Canada: Fluorochemical Demand by Product...... 179 9 World Refrigerant Market for Demand by Product...... 129 Cht Spain: Fluorochemical Demand Fluorochemicals by Application, Cht Canada: Fluorochemical Demand by Product, 2003-2023...... 180 Product, & Region...... 76 by Product, 2003-2023...... 130 (continued on following page)

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List of Tables/Charts 9 India: Fluorochemical 6 Other Central & South America: Supply & Demand...... 232 Fluorochemical (continued from previous page) 10 India: Fluorochemical Supply & Demand...... 279 14 Spain: Fluorochemical Demand by Product...... 234 7 Other Central & South America: Demand by Market...... 181 Cht India: Fluorochemical Demand Fluorochemical Demand 15 United Kingdom: Fluorochemical by Product, 2003-2023...... 235 by Product...... 281 Supply & Demand...... 184 11 India: Fluorochemical Cht Other Central & South America: 16 United Kingdom: Fluorochemical Demand by Market...... 237 Fluorochemical Demand Demand by Product...... 186 12 South Korea: Fluorochemical by Product, 2003-2023...... 282 Cht United Kingdom: Fluorochemical Supply & Demand...... 241 8 Other Central & South America: Demand by Product, 2003-2023 187 13 South Korea: Fluorochemical Fluorochemical 17 United Kingdom: Fluorochemical Demand by Product...... 243 Demand by Market...... 283 Demand by Market...... 189 Cht South Korea: Fluorochemical 9 Eastern Europe: Fluorochemical 18 Other Western Europe: Demand by Product, 2003-2023 244 Supply & Demand...... 286 Fluorochemical 14 South Korea: Fluorochemical 10 Eastern Europe: Fluorochemical Supply & Demand...... 192 Demand by Market...... 246 Demand by Product & Market..... 287 19 Other Western Europe: 15 Australia: Fluorochemical 11 Russia: Fluorochemical Fluorochemical Supply & Demand...... 249 Supply & Demand...... 291 Demand by Product...... 194 16 Australia: Fluorochemical 12 Russia: Fluorochemical Cht Other Western Europe: Demand by Product...... 251 Demand by Product...... 293 Fluorochemical Demand Cht Australia: Fluorochemical Demand Cht Russia: Fluorochemical Demand by Product, 2003-2023...... 195 by Product, 2003-2023...... 252 by Product, 2003-2023...... 294 20 Other Western Europe: 17 Australia: Fluorochemical 13 Russia: Fluorochemical Fluorochemical Demand by Market...... 254 Demand by Market...... 296 Demand by Market...... 197 18 Other Asia/Pacific: Fluorochemical 14 Other Eastern Europe: Fluorochemical Supply & Demand...... 257 Supply & Demand...... 299 ASIA/PACIFIC 19 Other Asia/Pacific: Fluorochemical 15 Other Eastern Europe: Fluorochemical Demand by Product...... 259 Demand by Product...... 301 1 Asia/Pacific: Fluorochemical Cht Other Asia/Pacific: Fluorochemical Cht Other Eastern Europe: Fluorochemical Supply & Demand...... 202 Demand by Product, 2003-2023 260 Demand by Product, 2003-2023 302 2 Asia/Pacific: Fluorochemical Demand 20 Other Asia/Pacific: Fluorochemical 16 Other Eastern Europe: Fluorochemical by Product & Market...... 204 Demand by Market...... 262 Demand by Market...... 303 Cht Asia/Pacific: Fluorochemical 17 Africa/Mideast: Fluorochemical Demand by Country, 2013...... 205 OTHER REGIONS Supply & Demand...... 306 3 China: Fluorochemical 18 Africa/Mideast: Fluorochemical Supply & Demand...... 209 1 Central & South America: Demand by Product...... 308 4 China: Fluorochemical Fluorochemical Cht Africa/Mideast: Fluorochemical Demand by Product...... 212 Supply & Demand...... 266 Demand by Product, 2003-2023 309 Cht China: Fluorochemical Demand 2 Central & South America: 19 Africa/Mideast: Fluorochemical by Product, 2003-2023...... 213 Fluorochemical Demand Demand by Market...... 312 5 China: Fluorochemical by Product & Market...... 268 Demand by Market...... 216 3 Brazil: Fluorochemical 6 Japan: Fluorochemical Supply & Demand...... 271 INDUSTRY STRUCTURE Supply & Demand...... 221 4 Brazil: Fluorochemical 1 World Fluorochemical Sales 7 Japan: Fluorochemical Demand by Product...... 273 by Company, 2013...... 316 Demand by Product...... 224 Cht Brazil: Fluorochemical Demand Cht World Fluorochemical Cht Japan: Fluorochemical Demand by Product, 2003-2023...... 274 Market Share, 2013...... 317 by Product, 2003-2023...... 225 5 Brazil: Fluorochemical 2 Selected Acquisitions 8 Japan: Fluorochemical Demand by Market...... 276 & Divestitures...... 323 Demand by Market...... 227 3 Selected Cooperative Agreements 329

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Environmental laws will continue to be the strongest force in the industry, reducing demand for some -based products while creating demand for products such as newer fluorocarbons.

World demand to rise 3.8% annually through 2018 China World Fluorochemical Demand (3.8 million metric tons, 2018) Global demand growth for fluorochemi- cals is forecast to accelerate, rising 3.8 percent per year to 3.8 million metric tons in 2018. Above average growth in higher value products will help drive increases in value demand more than seven percent annually to $25 billion. Other Asia/Pacific Environmental regulations will continue to be the strongest force acting on the North America industry, shaping demand in both positive and negative ways. While regulations and consumer concerns Western Europe have reduced demand for some fluorine- based products, particularly ozone- Other Regions depleting fluorocarbons, they have also opened up opportunities for products such as newer fluorocarbons with low global warming potential. Improved fuel economy and reduced emissions in the switching to HFCs. However, even HFCs Advanced materials to motor vehicle industry will indirectly now face restrictions due to their global benefit demand for a variety of inorganic warming potential, with new laws in drive fluoropolymers market and specialty fluorochemicals (e.g., developed countries expected to limit Lower-volume fluoropolymers account aluminum and lithium hexafluo- future demand. While competition from for a disproportionate share of market rophosphate) and for fluoropolymers. non-fluorine gases is growing, reductions value due to their higher average prices. in HFCs are providing growth opportuni- Growth in fluoropolymer demand will be Fluorocarbons to remain ties for newer fluorocarbons such as driven by expanding opportunities for most dynamic sector HFOs, which offer good performance high-performance materials in a variety and an excellent environmental profile. of industries, notably motor vehicles, The fluorocarbons market remains the Nevertheless, demand for fluorocarbons coatings, and electronics, especially in most dynamic sector of the fluorochemi- overall in the developed world will developing parts of the world where their cal industry for two reasons: first, the continue to decline in volume terms. In intensity of use remains low. In the evolving regulations aimed at protecting the developing world, however, demand electronics sector, demand for polymers the ozone layer and reducing global for fluorocarbons will register strong and specialty chemicals will remain warming, and, second, a sharp contrast gains due to a combination of increasing strong in the flat panel display market, in the outlook between developed and industrialization, higher personal in- but future growth will be driven by a developing countries. In developed comes, and a relative lack of environ- rapid increase in production of lithium- countries, the phaseout of HCFCs is mental regulation. ion batteries for automotive applications. nearly complete, with most end users Copyright 2014 The Freedonia Group, Inc.

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Sample Text, TABLE VI-3

Table & Chart CHINA: FLUOROCHEMICAL SUPPLY & DEMAND

Item 2003 2008 2013 2018 2023

Population (mil persons) 1288 1323 1356 1388 1408 $ GDP/capita 4550 7660 11420 15800 21160 Gross Domestic Product (bil 2012$) 5862 10133 15488 21930 29790 asia/pacific Gross Fixed Capital Formation (bil 2012$)1973 3837 7199 9930 13020 China: Fluorochemical Supply & Demand Manufacturing Value Added (bil 2012$) 1393 2881 4775 7000 9910 Fluorochemical demand in China reached 1.1 million metric Motortons Vehicles in Use (mil) 23.6 51.0 126.7 210.0 296.0 in 2013, making it the largest market in the world with more than Primarytwice Aluminum Prdn (000 m tons) 5450 13200sa 21900mple 30900 42000 the volume of the seconds placeam USple market. Demand between 2003 and 2013 grew at a double-digit annual pace on average, more than tripling kg fluorochemical/capita 0.25 0.54ta 0.83ble 1.13 1.46 from a volume perspective. tePer capitaxt consumption of fluorochemicals in China remains roughly in line with the global average, reflectingFluorochem solid Demand (000 metric tons) 324 717 1130 1575 2060 growth opportunities for fluorochemicals as the country’s economy and manufacturing base continues to modernize. China is also the largest + net exports, stock change, & reuse 101 433 605 715 845 market for fluorochemicals from a value perspective, after having over - taken the US market in 2008. China’s massive fluorochemical marketFluorochem Production (000 metric tons)425 1150 1735 2290 2905 stems from its position as a world leader in a number of fluorochemical- consuming industries, including aluminum smelting, cooling equipment, refrigerators and freezers, plastic foam, and motor vehicles. Addition- ally, the country is the largest producer of fluorspar in the world, a key ingredient in fluorochemical production, which reduces costs and makes domestic fluorochemical production more economically attractive.

China is the epicenter of the fluorochemical industry in terms of overall production and trade. The country had a massive fluorochemical trade surplus in 2013, due largely to its intense fluorocarbon and inor- ganic fluorochemical export activity. China also has a significant trade surplus in fluoropolymers, reflecting the increasing production focus on high-value products such as FEP and PVDF as China tries to fully integrate its fluorochemical value chain from raw material (fluorspar) to high-value fluoropolymers and specialty fluorochemicals. The country’s CHART VIII-1 trade surplus is expected to expand through the forecast period as major fluorochemical producers increase production capacities for fluorocar- WORLD FLUOROCHEMICAL MARKET SHARE bons, fluoropolymers, and inorganic and specialty fluorochemicals in ($17.6 billion, 2013) China. For example, Arkema opened a new polyvinylidene (PVDF) plant at its fluorochemicals complex in Changshu in October 2011. Solvay and Shanghai 3F New Materials entered into a joint venture in 13.5% D u Po n t

Copyright 2014 The Freedonia Group, Inc. 8.4% D aikin M a rk e t O the rs sample Le a de rs 6.3% So lv ay 5 0 .6 % 4 9 .4 % chart 6.1% Arkem a Asah i 5.2% G lass 5.1% H o n eywell 4.8% D o n g yu e

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Sample Profile, TABLE VI-4 Table & Forecast CHINA: FLUOROCHEMICAL DEMAND BY PRODUCT (thousand metric tons)

Item 2003 2008 2013 2018 2023

Population (mil persons) 1288 1323 1356 1388 1408 kg fluorochemical/capita 0.25 0.54 0.83 1.13 1.46

Fluorochemical Demand 324 717 1130 1575 2060 Inorganics & Specialties 138 349 550 760 980 Fluorocarbons: 170 s329a m510ple 710 920 HFCs 5 56 215 445 710 HCFCs 137 261ta b289le 248 170 Other 28 12 6 17 40 Fluoropolymers 16 39 70 105 160 COMPANY PROFILES $/kg 2.30 2.95 4.15 5.30 6.70 Fluorochemical Demand (mil $) 750 2110 4670 8350 13850 Mexichem SAB de CV Rio San Javier 10 Fraccionamiento Viveros del Río Tlalnepantla, Estado de Mexico 54060 Mexico 52-55-5366-4000 http://www.mexichem.com sample Sales: $5.2 billion (2013) Geographic Sales: (2013,pr ofileas percent of total) North America 33%, Europe 33%, South America 32%, and Others 2% STUDY Employment: 17,100 (2013) COVERAGE Key Products: , , fluorocarbons, & aluminum fluoride This Freedonia study, World Fluorochemicals, offers historical Mexichem is a producer of chemical, resin, and plastic products. data (2003, 2008, 2013) as well as The Company operates through two primary segments: Fluorine Chain and Fluid Conduction Chain. forecasts for 2018 and 2023 for supply and demand, plus demand Mexichem competes in the world fluorochemical industry through by chemical type and market in 6 the Fluorine Chain segment, which had 2013 sales of $673 million, in- cluding intersegment sales. The Fluorine segment, which does business regions and 15 major countries. as Mexichem Flúor SA de CV (Mexico), mines fluorite; and produces The study also details key market hydrofluoric acid (HF), fluorocarbons, and aluminum fluoride. Of the environment factors, examines the segment’s total 2013 sales, cooling gases accounted for 49 percent, or approximately $330 million; fluorite represented 24 percent, or about industry structure, evaluates com- $160 million; HF accounted for 21 percent, or about $140 million; and pany market share and profiles 14 aluminum fluoride represented 6 percent, or approximately $40 million. competitors in the global industry. According to the Company, among its global markets, Mexichem has the number one market position for fluorite in the US.

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Other Studies About The Freedonia Group The Freedonia Group, Inc., is a leading international industry market research com- World Catalysts pany that provides its clients with information and analysis needed to make informed World demand for catalysts will grow 4.8 percent per year to $20.6 billion in 2018. Growth will be led by strategic decisions for their businesses. Studies help clients identify business oppor- a rebound in the chemical and polymer industries, tunities, develop strategies, make investment decisions and evaluate opportunities most notably in developed economies hit hard by the and threats. Freedonia research is designed to deliver unbiased views and reliable recession. The fastest advances, however, will occur in developing areas such as the Asia/Pacific and outlooks to assist clients in making the right decisions. Freedonia capitalizes on Africa/Mideast regions. This study analyzes the $16.3 the resources of its proprietary in-house research team of experienced economists, billion world catalyst industry, with forecasts for 2018 and 2023 by material, type, market, world region, and professional analysts, industry researchers and editorial groups. Freedonia covers for 18 countries. The study also evaluates company a diverse group of industries throughout the United States, China and other world market share and profiles industry players. #3217...... December 2014...... $6500 markets. Industries analyzed by Freedonia include:

Automotive & Other Transport • Chemicals • Construction & Building Products • Con- World Biofuels sumer Goods • Energy & Petroleum • Industrial Components • Health Care & Life World demand for biofuels is expected to expand at a 3.6 percent annual pace, reaching 115 million metric Sciences • Machinery & Equipment • Metals, Minerals & Glass • Packaging • Plastics tons in 2018. North America and Central and South & Other Polymers • Security • Services • Textiles & Nonwovens • Water Treatment America will remain the largest regional markets, while the Asia/Pacific region grows the strongest from a relatively small base. Bioethanol will remain the Click here to learn more about Freedonia leading biofuel. This study analyzes the 96.3 million metric ton global biofuel industry, with forecasts for 2018 and 2023 by product, world region, and for 22 countries. The study also evaluates company market Freedonia Custom Research share and profiles industry participants. #3179...... August 2014...... $6200 Freedonia Custom Research delivers the same high quality, thorough and unbiased assessment of an industry or market as an industry study. Since the research initia- Solvents tive is based upon a company’s specific needs, companies harness Freedonia’s US demand for solvents is expected to increase at research capabilities and resources to answer unique questions. When you leverage a 1.5 percent annual pace through 2018 to 11 billion pounds. Growing environmental concerns and regula- the results of a Freedonia Custom Research engagement, you are able to obtain tory pressure will drive demand for “green” solvents important answers to specific questions and issues associated with: mergers and that are derived from renewable raw materials. The paint and coatings market will replace the transporta- acquisitions, new product launches/development, geographic expansion, entry into tion market as the largest solvent consumer. This new markets, strategic business planning, and investment and funding decisions. study analyzes the 10.2 billion pound US solvent industry, with forecasts for 2018 and 2023 by product and market. The study also evaluates company Freedonia Custom Research is ideal for companies seeking to make a strategic dif- market share and profiles industry players. ference in the status quo and focus on future business growth. Working side by side #3169...... June 2014...... $5100 with clients, Freedonia’s team is able to define a research project that is custom- tailored to answer specific questions and provide the basis from which a company World Hydrogen can make informed business decisions. World consumption of captive and merchant hydro- gen is projected to increase 3.5 percent annually through 2018 to more than 300 billion cubic meters. Click here to learn more about Custom Research Gains will be driven by the increasing use of hydro- gen in refinery hydroprocessing, especially in devel- oping countries in Asia. Petroleum refining will remain the dominant market. This study analyzes the 254.5 billion cubic meter world hydrogen industry, with forecasts for 2018 and 2023 by market, world region, and for 19 major countries. The study also evaluates company market share and profiles industry players. #3165...... June 2014...... $6100

World Activated Carbon World demand for activated carbon is projected to rise 8.1 percent per year to 2.1 million metric tons in 2018, driven by tightening pollution regulations and rising manufacturing activity. North America will remain the largest activated carbon market, while the Asia/Pacific region will slightly outpace and overtake North America by 2023. This study analyzes the global activated carbon industry, with forecasts for 2018 and 2023 by type, application, world region, and for 18 countries. The study also evaluates company market share and profiles industry participants. Click here for complete title list Click here to visit freedoniagroup.com #3172...... May 2014...... $6400

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