Activated Alumina Market Size, Share, Growth Analysis, By Function(Adsorption, Catalysis and Desiccation), By Form(Beads and Powder), By Application(Catalyst, Desiccant), By End User(Water Treatment, Oil and Gas) - Industry Forecast 2024-2031

Activated Alumina Market Drivers

Growing Demand in Alumina Beads to Bolster Market Growth

• The increased need for alumina beads for water treatment in developing countries and expanding government initiatives to address water-related concerns drive up the demand for activated alumina beads. Because of their high surface area-to-mass ratio and exceptional porosity, activated alumina beads are incredibly effective absorbents for many different applications. The dehydration of compressed gasses and air, such as compressed natural gas (CNG) and liquid petroleum gas, is another usage for these beads in the oil and gas industry (LPG).

• In the past few years, the amount of petrol used as a fuel—including CNG, LNG, and many other forms—has increased by 1.5 times. In order to prevent clogging of pipelines and corrosion brought on by water condensation, these gasses must be dry and free of pollutants. The aforementioned gasses are filtered using activated alumina to remove moisture and impurities like carbon dioxide and hydrogen sulfide. Hence, rising demand for liquid petroleum gas (LPG) and compressed natural gas (CNG) as alternative fuels is anticipated to raise the price of activated alumina and possibly spur market expansion.

Activated Alumina Market Restraints

Availability of Substitutes to Activated Alumina might Cause Hindrance in Market Growth

• Because zeolites and activated carbon are alternatives to activated alumina that have equivalent performance qualities, the availability of these products is anticipated to restrain market expansion. The major barrier for the market for activated alumina during the forecast period is also expected to be a fall in the absorption capacity of activated alumina.

• The high cost of production is one of the main obstacles for the market for activated alumina. The complicated and energy-intensive manufacturing process for activated alumina can raise the overall cost of production. In cost-sensitive sectors, activated alumina may be less competitive than other desiccant and adsorbent materials as a result.