Global Activated Alumina Market Size 2021 Analysis By Top Companies, And Forecast To 2026

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Global Activated Alumina Market - Trends, COVID-19 impact and Growth Forecasts to 2029

This growth is mainly due to the increasing consumption of chemicals in water treatment facilities for the removal of impurities from the source water.

The chemical is also used as a catalyst in the manufacturing of different bulk and specialty chemicals. In addition, the growing demand for Activated Alumina from end-use industries such as oil and gas and plastics would contribute to the growth of the market.

ChemIntel360’s global Activated Alumina market study is a 139-page report containing an in-depth analysis of historical and forecasted spending and consumption patterns in the sector. The study offers granular value and volume data from a global, regional, and applications perspective.

The base year is 2021 for the study with historical data between 2018 and 2021. The data forecast has been provided for the years between 2022 and 2029.

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Application Insight:

The ...
... global Activated Alumina market is classified into Fluoride Adsorbent, Catalyst, Desiccant, Bio-Ceramics, and others based on applications.

Fluoride adsorbent held the largest share in 2021 at 32%. The chemical is utilized in the removal of fluoride salts during the decontamination of potable water. The increasing need for water purification, especially in the developing world, is expected to drive demand over the forecast period.

Activated Alumina is also utilized as a key catalyst in the Claus reaction process, which is used to recover sulphur and hydrogen sulphide from crude oil in refineries. Expansion and new construction of refineries are likely to augment its demand over the forecast period. In addition, as it exhibits a strong affinity to water, it can be utilized as a desiccant for drying gas streams.

End-Use Industry Insight:

The global Activated Alumina market is classified into Water Treatment, Oil and Gas, Plastics, Healthcare, and others based on end-use industries.

Activated Alumina can adsorb the impurities present in the water and is thus used to treat reserve water sources having strong sulfate concentration levels. The rising demand for water treatment, especially in the emerging nations, is expected to drive the Activated Alumina market during the forecast period.

In the oil & gas industry, Activated Alumina is utilized in the process of water adsorption from natural gas streams. Natural gas is one of the fastest-growing sources of domestic energy production, with new refinery projects mushrooming in different parts of the world.

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Region Insight:

The APAC region dominated the Activated Alumina market in 2021 at 41.1% and is expected to hold on to the leading position due to the rising number of oil refineries in emerging economies such as India, China, and Indonesia. Moreover, the region’s rapidly rising population is expected to create a big need for potable water, which, in turn, is expected to drive demand for Activated Alumina over the forecast period.

North America was the second-largest regional market in 2021 at 24.8% and is expected to maintain its position during the forecast period. The rising oil and gas manufacturing activities after the shale gas boom would drive the market growth in the region.

Key Vendors

Sumitomo Chemical Corporation, Dynamic Adsorbents, Huber Engineered Materials, BASF, Porocel Industries, and Honeywell International Inc

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