Global Activated Alumina Market, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

Activated Alumina Market Overview

“The global Activated Alumina market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

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Activated alumina is formed from dihydroxylation of aluminum hydroxide.  It is used in various applications such as desiccant, catalyst, bioceramics, fluoride adsorbent, and others. It is a dry, granular chemical substance.

Activated alumina has the ability to absorb different harmful contaminants in both wastewater and aquifers. It is also used in water purification techniques such as the absorption and removal of PCB, fluoride, arsenic, copper, lead, and other heavy metals. PCB can spillage and contaminate ground and surface water.

Activated Alumina Market Dynamics

Shrinking water reserves, rising demand for clean water, and implementation of new water treatment facilities are among some of the major factors driving the market growth. Demand for activated alumina has been increasing significantly due to increasing population and rapid economic growth.

In addition, government initiatives, such as the launch of different projects for treatment and a regular supply of water, are projected to positively affect the demand for activated alumina over the forecast period. Activated alumina is also widely used in the purification of lithium.

As the removal of impurities with activated alumina requires high operational costs and capital, end users are increasingly shifting towards its various substitutes, which is a major restraint for the growth of the global activated alumina market.

However, technological advancements and continuous research and development to make it more affordable are projected to create growth opportunities for key players in the market over the forecast period.

Global Activated Alumina Market Segment Analysis:

By Application:

The fluoride absorbent segment accounts for the highest revenue share among other application segments and this trend is expected to continue over the forecast period. This can be attributed to the increasing need for water purification around the globe. Fluoride absorbent is widely used as a catalyst in the Claus reaction.

By End-use:

The oil and gas segment among the end-user segments is projected to account for a higher revenue share over the forecast period. This can be attributed to the wide use of activated alumina in the process of absorption of water from natural gas.

Natural gas is one of the fastest-growing sources of domestic energy production. The plastic segment is expected to register the fastest revenue growth over the forecast period attributed to increasing demand for polythene.

Global Activated Alumina Market Regional Analysis:

Among the regional markets, the market in the Asia Pacific continues to dominate the market in terms of revenue share contribution to the global activated alumina market. Countries in the region, such as India and China, are expected to register steady growth in refining capacities, which is projected to augment product demand.

The increasing population and need for fresh water in the region are expected to drive the growth of the market over the forecast period. The second-largest regional market is the North American market attributed to the US remaining the key exporter of crude around the globe.

Global Activated Alumina Market Segmentation: 

By Application:

• Catalyst
• Desiccant
• Fluoride Adsorbent
• Bio Ceramics
• Others

By End-use:

• Water Treatment
• Oil and Gas
• Plastics
• Healthcare
• Others

 By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa