PUBLISHER: Value Market Research | PRODUCT CODE: 1578234
PUBLISHER: Value Market Research | PRODUCT CODE: 1578234
The global demand for Activated Alumina Market is presumed to reach the market size of nearly USD 2.96 Billion by 2032 from USD 1.68 Billion in 2023 with a CAGR of 6.47% under the study period 2024-2032.
Activated alumina is a very porous solid form of aluminium oxide. It has a high thermal shock resistance, good selectivity, an outstanding absorption rate, a large surface area, a high pole-molecular absorbent feature. When soaked in water, activated alumina does not soften, sell, or shrink. This product is widely utilized in the water treatment and oil and gas sectors. Activated alumina can absorb liquids and gases while remaining in its original state. It is used to purify gas mixtures by the optional adsorption of molecules. It is also used as a desiccant to absorb water. Activated alumina is also utilized as a catalyst in the Claus process, particularly for natural gas desulfurization.
The worldwide activated alumina market is predicted to increase steadily over the next several years. The increased need for water treatment solutions worldwide is driving the market. Activated alumina is widely employed in the development of reverse osmosis membrane technology, which is used to purify drinking water. Additionally, growing product usage for purifying lithium, which is utilized in glass, ceramics, lubricating greases, batteries, and air treatment, is boosting market expansion. Further, the growing healthcare business is contributing to the market's good outlook. Because of their anti-corrosion qualities, low friction, and excellent durability, activated alumina bio-ceramics are utilized as an alternative to metal alloys in manufacturing surgical and dental implants. The most important function of activated alumina is eliminating moisture from natural gas. The expanding number of refinery projects across several areas is expected to increase the activated alumina market. Other reasons, including increased product use in refinery projects and substantial R&D efforts, are expected to fuel the market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Activated Alumina. The growth and trends of Activated Alumina industry provide a holistic approach to this study.
Market Segmentation
This section of the Activated Alumina market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Global Activated Alumina Market Report market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Activated Alumina market include BASF SE, Honeywell International Inc., Sumitomo Chemical Co. Ltd., Axens, AGC Chemicals PVT. LTD., Sorbead India, Shandong Zhongxin New Material Technology Co. Ltd., Luoyang Xinghua Chemical Co. Ltd., Sialca Industries, Shayan Corporation, BeeChems, Hengye Inc., Huber Engineered Materials. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.