Global Activated Alumina Market

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

Report ID: SQMIG15A2275 | Region: Global | Published Date: April, 2024
Pages: 184 | Tables: 120 | Figures: 78

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Activated Alumina Market size was valued at around USD 173.14 million in 2022 and is poised to grow from USD 183.18 million in 2023 to USD 287.59 million by 2031, at a CAGR of 5.8% over the forecast period (2024–2031).

The competition is influenced mainly by the range of applications and incorporation of activated alumina in different kinds of products. The majority of companies are heavily investing in R&D in an effort to diversify their product offerings, increase their production capabilities, and maintain their market position. During the duration of the forecast period, it is anticipated that the expansion of this market will be driven by advances in technology and rising research expenditure. 'BASF SE', 'Honeywell International Inc.', 'Axens', 'Porocel Industries LLC', 'Sumitomo Chemical Co. Ltd.', 'Sorbead India', 'Dynamic Adsorbents Inc.', 'Santa Cruz Biotechnology, Inc.', 'CHALCO', 'AGC Chemicals', 'Pingxiang Naike Chemical Industry Equipment Packing Co., Ltd.', 'Huber Engineered Materials', 'Jiangsu Jingjing New Material Co., Ltd.', 'Shandong Bairui Chemical Technology Co., Ltd.', 'Silica Gel Products Ltd.', 'Arkema SA', 'Sigma-Aldrich Corporation', 'AQUAPORIN A/S', 'Axens North America, Inc.', 'Axens China Petroleum and Chemical Corporation (SINOPEC)', 'Others.'

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).

The demand for activated alumina in the water treatment industry has been driven by the growing need for clean water. With its ability to effectively remove contaminants and impurities from water, activated alumina can be used in a variety of applications.

In the Asia-Pacific region, the market for activated alumina is anticipated to grow at the fastest rate. The region's increased demand for clean water, the expansion of the oil and gas sector, and the increasing use of activated alumina in the production of pharmaceuticals all add to the material's demand. China currently has the largest market in the region for activated alumina and is expected to maintain its market dominance as a result of its sizable population, rapid industrialization, and rising investments in infrastructure development. It is anticipated that the rapidly growing water treatment sector in the nation will be the main factor of the region's demand for activated alumina. The activated alumina market is anticipated to grow rapidly in the Asia-Pacific region, with large contributions also anticipated from South Korea, Japan, and India. Market growth in these nations is anticipated to be fueled by the rising need for clean water, the growth of the oil and gas industry, and the increasing usage of activated alumina in the manufacture of catalysts and adsorbents.

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Global Activated Alumina Market

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