Activated Alumina Market Expected to Grow at CAGR

Wilmington, Delaware, USA, August 04, 2022 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global activated alumina market was valued at US$1.0 billion in 2021. Global activated alumina market research forecasts the market to grow at a CAGR of 5.2% during the forecast period, from 2022 to 2031. The activated alumina market size is expected to reach a valuation of US$ 1.7 billion by 2031. The global activated alumina market players are focusing on important areas including oil and gas and water treatment. A large number of end users use and appreciate the attributes of activated alumina, such as absorbance, which make it a useful component for several industries.

Desiccation, food preservatives, catalysis, fluoride adsorption, vacuum systems, removal of fluoride adsorption and trace metals during defluoridation of drinking water are all common and important uses. activated alumina. Activated alumina is a common industrial desiccant owing to its excellent adsorption properties, which is expected to fuel the activated alumina market demand in the near future. Major market players often opt for partnerships, mergers and joint ventures to increase their regional footprint. Additionally, these tactics help established players reduce rivalry. In addition to increasing their capacity, activated alumina producers are spending money on research and development to create new formulations and a new process for manufacturing activated alumina.

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Key Findings of the Market Report

  • The bead category leads the global activated alumina market in terms of shape, accounting for more than 55% of sales in 2021. Due to their high surface-to-mass ratio and high pourability, alumina beads activated are an extremely effective absorbent in a variety of applications. These beads are widely used in water purification processes to remove pollutants such as fluoride. They are used to dehydrate compressed gases and air such as compressed natural gas (CNG) and liquefied petroleum gas (LPG) in the oil and gas industries.
  • For a point-of-entry or point-of-use water treatment system, activated alumina is considered ideal and widely preferred. Some of the main pollutants found in waterways are sodium fluoride, lead and arsenic. Effective removal of these pollutants is made possible by activated alumina. Other applications of activated alumina include the treatment of source water, which frequently contains high concentrations of sulfate.
  • The oil and gas industry uses activated alumina extensively as a desiccant. Without undergoing physical or chemical modifications, it is capable of absorbing vast volumes of gases and liquids. It is used to dehydrate organic liquids including aromatic solvents, liquid petroleum gas, steam cracked liquids and gasoline.

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Global Activated alumina Market: Engines of growth

  • When it comes to domestic energy production, natural gas is considered the fastest growing source. Accordingly, it is expected that the increasing use of LNG and CNG as alternative fuels is likely to increase the consumption of activated alumina for various applications.
  • Based on volume, the Asia-Pacific region is expected to dominate the global activated alumina market. This regional growth is due to increasing investments in water treatment facilities, which are linked to the expansion of urbanization and industrialization in major economies such as Japan, India and China.

Global Activated alumina Market: Key Players

Some of the major players in the market are

  • Sumitomo Chemical Co., Ltd.
  • Shandong Boyang New Materials Technology Co., Ltd.
  • Filter KIN Engineering Co., Limited
  • Honeywell International Inc.
  • Baltimore Innovations Ltd.
  • J.M. Huber Company

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Global Activated alumina Market: Segmentation

Form

Application

  • reaction catalyst
  • petroleum gas
  • Water treatment
  • Biomaterial
  • Others

Regions covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific

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