Future of the Activated Alumina Market: Trends and Forecasting by 2032, Likely to be Valued at US$ 1,465.0 Million by 2032

The global activated alumina market is predicted to reach a valuation of US$ 1129.6 Million in 2032 with sales growing at a moderate CAGR of 5.8% over the forecast period of 2022 to 2032. In 2022, the activated alumina market is estimated at a value of US$ 642.8 Million.

Activated alumina’s high porosity leads to a surge in its utilization for filtration and adsorption purposes. As a result, there’s a notable rise in the demand for activated alumina over the projected period. In addition to this, growing water treatment technologies all over the world are also adopting activated alumina. All these factors are likely to boost the market for activated alumina over the forecast period.

Activated alumina is a dry and granular chemical substance produced by de-hydroxylation. It is used to remove hydroxyl group ions from aluminum hydroxide. This usage culminates in positive market prospects for the product.

Drivers and Challenges Impact Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-1786

Activated alumina is increasingly being adopted in multiple industry verticals such as oil and gas, water industry, chemicals, and many others. It is primarily used in these industries to adsorb and recover sulfur. It is also used for filtration purposes since it actively removes fluorides from water.

Moreover, the need for a dry and moisture-free manufacturing environment of a factory is also expected to contribute to the global market growth of activated alumina. With increasing manufacturing facilities all over the world, the demand for activated alumina from these factories is sure to positively influence the global activated alumina market.

However, there also exist certain factors that will likely hamper the growth of the activated alumina market over the assessment period. The market prospects for the application of activated alumina as filters for homes are restrained by its high cost and single use.

The filter needs to be discarded and replaced when the concentration of adsorbed particles increases in the filter. The frequency with which the filter needs to be replaced depends on the amount of water passed through it. This replacement and the high pricing of these filters may negatively impact the market for activated alumina.

“Rising adoption of activated alumina as a filtering and adsorbent agent is expected to stimulate the market growth of activated alumina over the forecast period,” says an FMI analyst.  

Key Takeaways:

  • Surging demand from petrol refineries and steel plants to amplify market possibilities.
  • High cost and single usage may deter the market growth of activated alumina.
  • North America will exhibit a healthy CAGR of 7% over the assessment period.
  • Activate alumina market in Europe is expected to account for the highest market share.
  • Start-ups in this sector are focusing on expanding production capacities.

Contact Sales for Further Assistance in Purchasing this Report@
https://www.futuremarketinsights.com/checkout/1786

Competitive Landscape 

BASF SE, Bee Chems, Garg Chemical Company, Shandong Zhongxin New Material Technology Co., Ltd., Sigma-Aldrich Corporation, Sorbead India, Porocel, AGC Chemicals Pvt. Ltd., and Hengye Group among others are some of the major players in the activated alumina market profiled in the full version of the report.

Major market players are focusing on manufacturing quality products to propel future sales prospects. These organizations are keen on acquiring a major portion of the market share to gain a competitive edge.

Key Segments in The Activated Alumina Market

By Application:

  • Adsorbent
  • Filtering Substance
  • Medical Applications
  • Catalyst Support
  • Drying Agent
  • Others (Vacuum Systems, etc.)

By Appearance:

  • Powdered form
  • Beaded form

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

We Offer Tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-1786

More Insights into the Activated Alumina Market Report

In its latest report, FMI offers an unbiased analysis of the global activated alumina market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032.

According to the latest FMI reports, based on region, the activated alumina market in Europe is predicted to account for the largest market share over the forecast period. This growth is primarily driven by the high demand from the oil and gas industry due to the product’s role as an adsorbent. Favorable policies initiated by governments across Europe further supplement the growth.

In North America, the activated alumina market is predicted to present remarkable growth over the projected period. The regional market will register an estimated CAGR of 7% from 2022 to 2032.  Expanding manufacturing sector along with growing water filtration activities push the market to grow in this region.

Explore FMI’s Extensive ongoing Coverage in the Chemicals & Materials Domain

Colloidal Alumina Market: Demand for this product will be witnessing an increase across all major regional markets. Due to the novel applications of alumina, the market for this product is set to grow at a modest pace during the forecast period.

Alumina Trihydrate Market: The market is forecast to exhibit a compound annual growth rate (CAGR) of 7.7% during the forecast period, reaching a volume of around 11,098.9 KT by 2031 end.

About Future Market Insights, Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedInTwitterBlogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
Browse the latest Market Chemicals & Materials Reports: https://www.futuremarketinsights.com/category/chemicals-and-materials

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these