Activated Alumina Market Share, Size, Trends, Industry Analysis Report, By Application (Catalyst, Adsorbent, Desiccant, Drying Agent); By Form; By End-Use; By Region; Segment Forecast, 2021 - 2028
- Published Date:Sep-2021
- Pages: 120
- Format: PDF
- Report ID: PM1158
- Base Year: 2020
- Historical Data: 2016 - 2019
Report Outlook
The global activated alumina market size was valued at USD 797.1 million in 2020 and is anticipated to grow at a CAGR of 4.5% during the forecast period. Activated alumina is aluminum oxide in a porous and solid form, offering properties such as low abrasion, reduced pressure drops, resistance to liquid water, thermal shock resistance, and high adsorption capacity.
Activated alumina is used as a catalyst carrier, desiccant, fluoride adsorbent. The product finds application in the purification of gases and liquids, drying organic liquids, and drying steam cracked liquids. Some other applications of the product include fluorine treatment, water purification, hydrogen generation, and drying of gas in air separation plants.
The research report offers a quantitative and qualitative analysis of the Activated Alumina Market to enable effective decision-making. It covers the key trends and growth opportunities anticipated to have a favorable impact on the market. Besides, the study covers segment and regional revenue forecasts for market assessment.
Know more about this report: request for sample pages
The global market is fueled by the growing need to provide clean water to communities worldwide. Countries' economic growth, rising industrialization, and declining water reserves have increased the demand for the product. There has been an increase in population, necessitating the need for improved water treatment facilities.
Governments' technological advancements and initiatives to ensure a regular supply of clean water have strengthened the market. Activated alumina is increasingly being used in the chemical industry as an adsorbent, catalyst, and source of filtration. Growing demand from other sectors such as oil & gas, plastics, and healthcare further boosts the market growth.
Know more about this report: request for sample pages
Industry Dynamics
Growth Drivers
Activated alumina water treatment is a preferred and cost-effective method being used across the globe. The product is used in water treatment devices to adsorb contaminants present in the contaminated water. It is usually used for source water with a greater level of total dissolved solids or sulfate concentration.
Water treatment devices using activated alumina possess a packed bed of granules to remove fluoride and arsenic from drinking water. Increasing demand from emerging economies, rising environmental regulations, scarcity of freshwater resources, and growth in industrial water consumption have increased the acceptance of activated alumina for water treatment.
The COVID-19 outbreak has restricted the growth of the market. The pandemic has affected industries such as chemicals, oil & gas, and plastics, resulting in reduced demand for activated alumina from these industries. The market has been impacted by operational challenges, disruption of the supply chain, and workforce impairment. Manufacturing activities have been halted due to various government regulations across the globe.
However, activated alumina has also been used during the pandemic in the healthcare and water treatment industries owing to more significant concerns regarding clean water and hygiene. The market is expected to gain traction post-COVID-19 driven by supportive government regulations, favorable environmental policies, the development of clean water resources, and the development of water treatment facilities.
Activated Alumina Market Report Scope
The market is primarily segmented on the basis of form, application, end-use, and region.
|
By Form |
By Application |
By End-Use |
By Region |
|
|
|
|
Know more about this report: request for sample pages
Insight by Form
The form segment has been divided into beaded form and powdered form. The demand for powdered form is expected to be high during the forecast period owing to greater use in applications such as pharmaceuticals, production of chemicals, and static or dynamic dehydration applications. Powdered activated alumina is stored in dry conditions with air-proof packaging to avoid exposure to air.
Insight by Application
On the basis of application, the market is segmented into the catalyst, adsorbent, desiccant, drying agent, and others. The adsorbent segment dominated the global market in 2020. Activated alumina is widely used as an adsorbent for the removal of fluoride from water. It is also utilized in other end-use industries for the separation of components.
Contaminants such as sulfur, arsenic, and lead are also removed through adsorption. Growing industrialization, adoption of advanced technologies, and introduction of safety regulations are some factors influencing the market growth of this segment.
Insight by End-Use
The end-use segment has been divided into healthcare, water treatment, chemical, oil and gas, and others. The water treatment application uses activated alumina in water treatment devices to absorb and remove contaminants present in water. Activated alumina is utilized for the removal of fluoride and other pollutants. The increasing demand for clean water and the introduction of stringent safety regulations regarding effluent treatment further support the growth of this segment.
Geographic Overview
The Asia Pacific dominated the global activated alumina market in 2020. The industrial growth in countries such as China, India, and Japan and the established chemical industry drive the growth of this region. Increasing urbanization, expansion of international players in this region, and technological advancements are some factors attributed to the growth of this region.
Increasing demand for fresh water supply and growing concerns regarding water scarcity in developing countries of this region further boosts the activated alumina market growth. Government initiatives for wastewater treatment and growing applications in the industrial, oil & gas, and healthcare facilities sector have further increased the demand for activated alumina in the Asia Pacific.
Competitive Landscape
The leading players in the activated alumina market include BASF SE, Devson Catalyst, The Camfil Group, Evonik Industries AG, Jiangsu Jingjing New Material Co. Ltd, Honeywell International Inc., Porocel Industries LLC, Axens, Sumitomo Chemical Co., Ltd., Chempack Co. Ltd, Sorbead India, Dynamic Adsorbents, Inc., Sialca Industries, and Huber Engineered Materials.
These players are expanding their presence across various geographies and entering new markets in developing regions to expand their customer base and strengthen their presence in the market. The companies are also introducing new innovative products in the market to cater to the growing consumer demands.
Report Scope
|
Report Attributes |
Details |
|
Market size value in 2020 |
USD 797.1 billion |
|
Revenue forecast in 2028 |
USD 1.03 billion |
|
CAGR |
4.5% from 2021 - 2028 |
|
Base year |
2020 |
|
Historical data |
2016 - 2019 |
|
Forecast period |
2021 - 2028 |
|
Quantitative units |
Revenue in USD million/billion and CAGR from 2021 to 2028 |
|
Segments covered |
By Product, By Application, By End-Use, By Region |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
|
Key companies |
BASF SE, Devson Catalyst, The Camfil Group, Evonik Industries AG, Jiangsu Jingjing New Material Co. Ltd, Honeywell International Inc., Porocel Industries LLC, Axens, Sumitomo Chemical Co., Ltd., Chempack Co. Ltd, Sorbead India, Dynamic Adsorbents, Inc., Sialca Industries, and Huber Engineered Materials |
Delve into the intricacies of Activated Alumina Market in 2021 through the meticulously compiled market share, size, and revenue growth rate statistics by Polaris Market Research Industry Reports. Uncover a comprehensive analysis that not only projects market trends up to 2028 but also provides valuable insights into the historical landscape. Immerse yourself in the depth of this industry analysis by acquiring a complimentary PDF download of the sample report.
