Global Activated Alumina Market accounted for US$ 145.87 million in 2020 and is estimated to be US$ 262.61 million by 2030 and is anticipated to register a CAGR of 6.10%. Activated alumina is a solid form of aluminum oxide that is also known as alumina or Al2O3. It is very porous, has a high thermal shock resistance, good selectivity, an outstanding absorption rate, a large surface area, a high pole-molecular absorbent characteristic, and so on. When soaked in water, it does not soften, sell, or shrink. This product is widely utilized in the water treatment and oil & gas industries. Activated alumina is a solid form of aluminum oxide that is also known as alumina or Al2O3. It is very porous, has a high thermal shock resistance, good selectivity, an outstanding absorption rate, a large surface area, a high pole-molecular absorbent characteristic, and so on. When soaked in water, it does not soften, sell, or shrink. This product is widely utilized in the water treatment and oil and gas industries.
Analyst View:
Increased demand for activated alumina in water treatment industries is projected to drive the global market. This is mostly due to the increased use of activated alumina in the removal of fluorine and elements such as arsenic and sulphur from drinkable water due to its high adsorption properties, which operate as a highly effective water purifier. Furthermore, rising demand for activated alumina as a desiccant for effective storage and transportation of industrial fluids is expected to drive market demand in the approaching years. Furthermore, the rising use of activated alumina for dye removal in the textile industry is driving the market forward internationally.
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Key Highlights of Activated Alumina Market:
- In January 2022, NDL Industries has released XH11 desiccant, as well as activated alumina and charcoal, to assist preserve refrigeration systems. Desiccant is offered in biflow, liquid line, shells, and suction line configurations, as well as interchangeable cores with flare, press-fit ends, and sweat.
- In September 2021 – Spectrum Filtration, a well-known air filter producer in India, has entered the air purifier market with the introduction of its AerMax 500, designed for schools, commercial and industrial buildings, and office spaces. The molecular filters have activated alumina impregnated-KMnO4 as well as zeolite to remove dangerous odours and gases. The AerMax 500 has an auto-mode function that adjusts to the air quality based on TVOC and sensor data, with the equipment demonstrating a considerable reduction in pollutants in just 10 to 12 hours.
Key Market Insights from the report:
Global Activated Alumina Market accounted for US$ 145.87 million in 2020 and is estimated to be US$ 262.61 million by 2030 and is anticipated to register a CAGR of 6.10%. Global Activated Alumina Market is segmented into end-user, application, and region.
By End-User:
Oil & Gas, Water Treatment, Plastics and Healthcare
By Application:
Catalyst, Desiccant, Fluoride Adsorbent and Bio Ceramics
By Region:
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Activated Alumina Market:
The key players operating in the Global Activated Alumina Market includes BASF SE (Germany), Sumitomo Chemical Co., Ltd. (Japan), Honeywell International, Inc. (U.S.), J.M. Huber Corporation (U.S.), Porocel Corporation (U.S.), AGC Chemicals Pvt. Ltd. (India), Axens SA (France), Dynamic Adsorbents, Inc. (U.S.), Sorbead India (India), and Camfil Group (Sweden). The competition is primarily driven by the application scope and use of activated alumina in a different type of products.
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Global Activated Alumina Market, By End-User:
- Oil & Gas
- Water Treatment
- Plastics
- Healthcare
Global Activated Alumina Market, By Application:
- Catalyst
- Desiccant
- Fluoride Adsorbent
- Bio Ceramics
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
Some Important Points Answered in this Market Report Are Given Below:
- Explains an overview of the product portfolio, including product development, planning, and positioning
- Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
- Detailed analysis of the market revenue over the forecasted period.
- Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
- Study on the segments that are anticipated to dominate the market.
- Study on the regional analysis that is expected to register the highest growth over the forecast period
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Market Purview
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Estimation
- Top-Down Approach
- Bottom-Up Approach
- Market Breakdown and Data Triangulation
- Research Assumptions
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
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