Powdered Activated Carbon – Consumption And Global Trends
Of the different carbon compounds that are used extensively, it is activated carbon that is perhaps one of the most versatile of them all. It serves innumerable uses and is therefore applied in wide areas and industries. This is why we will take a look at the consumption and global trends of this compound so that you will be able to catch a glimpse of how useful it actually is.
Extensive Research Has Been Done
As activated carbon is one such compound that has huge demand and widespread application, the statistics for the same are often researched extensively. There are various details that can be found and the reports will reflect the data.
If you take a look at the projected increase and the data, you will be amazed at the massive increase in numbers. As per reports, the global market for activated carbon was valued at 1903.2 million dollars back in 2012. A lot of parameters were taken into consideration to project an accurate number for 2019. The researchers and scientist tapped full details of the field as they wanted to come up with an accurate number.
Transparency market research has indicated that activated carbon will have a CAGR of 11.9% and by the end of 2019; it will reach the figure of 4180.5 million USD. If you want the same figure in volumes, the demand for activated carbon back in 2012 was 1204.5 kilo tons and this is likely to grow at CAGR of 10.2%. No doubt, you do not need to be a scientist to understand the stunning growth which activated carbon is going to have.
The Possible Causes Of Growth In Popularity
There can be a lot of reason for the spurt in popularity and we will talk of some of the key ones along them here.
The heavy industries need widespread application of activated carbon because there are a lot of residues that are often mixed with different compounds. With the smart application of activated carbon; purification processes can be carried out meticulously and even with improved accuracy as well.
However, it is mercury removal which is perhaps one of its best industrial applications. The gas phase is another application that is expected to show the highest growth.
The Increasing Problems Of Pollution
Further, we are all aware of the perils of pollution. Drinking water needs to be treated because it will otherwise be rendered unfit for use. The use of activated carbon for the sake of treating water is well established. It is expected that this sector is going to show some rapid growth in the upcoming years too. Back in 2012, it was one of the most used sectors for activated carbon as it alone accounted for 40 percent of the consumption.
Thus, in the times to come, the consumption and use of powdered activated carbon is going to shoot dramatically high. It looks like it is one such compound that is going to stay in use for a long period of time.