Press
Release

Escalating Use of Activated Alumina across Varied Applications to Invite Immense Growth, Asia Pacific to Serve as Largest Growth Contributor for Global Activated Alumina Market: TMR

• The overwhelming absorption capacity of activated alumina and the widespread use across a variety of applications is anticipated to bring immense growth prospects for the activated alumina market during the assessment period of 2019-2027 

• Considering every factor, the global activated alumina market may expand at a CAGR of approximately 5.0 percent between 2019 and 2027

Transparency Market Research, New York: The broadening use of activated alumina across a plethora of applications is inviting tremendous growth prospects for the activated alumina market. The absorbent properties of activated alumina make it one of the useful components across a variety of end-users. Activated alumina is a granular substance created by the de-hydroxylation process and acts as a catalyst and desiccant. It is also used for filtering selenium, fluoride, and arsenic in drinking water.

Based on the aforementioned factors, the researchers at Transparency Market Research foresee the global activated alumina market to expand at a CAGR of approximately 5.0 percent through the assessment period of 2019-2027.

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The growing need for pure water may bring extensive growth opportunities for the activated alumina market. Governments across various countries are launching novel projects and increasing investments for enhancing wastewater treatment plants. This factor brings substantial growth opportunities for the activated alumina market.

Activated Alumina Market: Key Revelations

• Based on form, the beads segment acquired a prominent share of the global activated alumina market in 2018

• On the basis of application, the oil and gas segment may garner considerable growth across the activated alumina market during the assessment period of 2019-2027

• The gas dehydration segment, a sub-segment of the oil and gas segment may also gain substantial traction across the forecast period

• Asia Pacific and Europe held a significant chunk of growth in 2018

• The activated alumina market in Asia Pacific is anticipated to expand at a CAGR of around 6 percent during the forecast period

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Activated Alumina Market: Growth Propellers

The use of activated alumina across a wide range of applications is projected to bring tremendous growth opportunities for the activated alumina market. In addition, the properties of activated alumina also make them a perfect component among a diverse range of end-users.

• Activated alumina has the potential of absorbing hazardous contaminants in water and this factor makes it a preferred choice for use in diverse water purification mechanisms

• Activated alumina is used for absorbing water from the natural gas flow and the growing number of novel refinery projects may serve as a prominent growth indicator for the activated alumina market.

• The application of activated alumina in dental implants and hip prosthesis offers considerable growth opportunities

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Activated Alumina Market: Growth Restraints

The availability of substitutes for activated alumina such as zeolites and activated carbon may prove as a threat to the growth of the activated alumina market. These substitutes also offer the same characteristics. The high-production costs may also hamper the growth aspects of the activated alumina market.

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Activated Alumina Market: Regional Analysis

The activated alumina market can be geographically segmented into North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. Asia Pacific may bag the first prize as the largest regional contributor for the activated alumina market across the forecast period of 2020-2030. Various government initiatives for clean water may serve as prominent growth multipliers. Projects like ‘Namami Gange’ by the Indian Government to make the Ganga River clean and safe are laying a red carpet of growth.

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Activated Alumina Market: Key Players

Some well-entrenched players in the activated alumina market are Sorbead India, BASF SE, Sumitomo Chemical Co. Ltd., J.M. Huber Corporation, Dynamic Porocel, Adsorbents, Inc., Honeywell International Inc., Axens, and KIN Filter Engineering Co., Limited.

Global Activated Alumina Market: Segmentation 

By Form 

• Powder
• Beads

By Application 

• Reaction Catalyst
• Oil & Gas
• Gas Dehydration
• Liquid Dehydration
• Water Treatment
• Biomaterial
• Others (including pharmaceuticals and textiles)

By Geography 

• North America
• Latin America
• Europe
• Asia Pacific
• The Middle East and Africa

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