Activated Alumina Market By End-User (Oil & Gas, Water Treatment, Plastics and Healthcare), By Application (Catalyst, Desiccant, Fluoride Adsorbent and Bio Ceramics), and By Region - Trends, Analysis and Forecast till 2030

Activated Alumina Market accounted for USD 145.87 Million in 2020 and is estimated to be USD 262.61 Million by 2030 and is anticipated to register a CAGR of 6.10%.

Activated alumina is a solid form of aluminium oxide that is also known as alumina or Al2O3. It is very porous, has a high thermal shock resistance, good selectivity, an outstanding absorption rate, a large surface area, a high pole-molecular absorbent characteristic, and so on. When soaked in water, it does not soften, sell, or shrink. This product is widely utilised in the water treatment and oil and gas industries.

Rising population and rapid economic expansion

Rising fuel demand from major end-use sectors will supplement oil and gas production and supply. Activated alumina has the ability to absorb liquids and gases while remaining in its original state. It is used to purify gas mixtures through the optional adsorption of molecules. It is also used as a desiccant to absorb water. Furthermore, it is utilised as a catalyst in the Claus process, primarily for natural gas desulfurization. In the following decade, rising fuel demand from major end-use sectors will supplement oil and gas production and supply. Activated alumina has the ability to absorb liquids and gases while remaining in its original state. It is used to purify gas mixtures through the optional adsorption of molecules. Asia Pacific market growth is predicted to be boosted by rising population and rapid economic expansion. Government initiatives, such as the implementation of various water supply and treatment projects, are expected to drive product demand over the projection period.

The use of products in the purification of lithium is becoming more prevalent. Ceramics, glass, batteries, lubricating greases, and air treatment applications all make use of lithium. It is used to power mobile phones, digital cameras, and laptop computers, and it is quickly becoming a primary energy source for electric and hybrid cars. The product employs an adsorption technique to remove contaminants, which has high capital and operational costs. As a result, despite its efficiency and efficacy, end-users are turning toward its substitutes. This is the case.

The Activated Alumina Market report segments the market on the basis of end-user, application and region.

On the basis of End-User, the Activated Alumina Market is segmented into Oil & Gas, Water Treatment, Plastics and Healthcare. Based on Application the market is segmented into Catalyst, Desiccant, Fluoride Adsorbent and Bio Ceramics.

Regional Insights:

Activated Alumina Market accounted for US$ 145.87 million in 2020 and is estimated to be US$ 262.61 million by 2030 and is anticipated to register a CAGR of 6.10%. On region the Activated Alumina Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2020, Asia Pacific had the greatest revenue share in the worldwide market. The important countries, particularly India and China, are likely to see sustained increase in refining capacity, boosting product demand. Rising need for freshwater supply due to the region's growing population will drive the industry in the future years. In 2020, North America was the second-largest regional market. According to a 2018 International Energy Agency (IEA) article, refinery growth in the United States and consistent crude output volume are projected to strengthen the country's status as a key crude exporter throughout the world. Brazil also recorded a healthy growth rate in 2020 as a result of a resurgence in investment in many areas.

Activated Alumina Market Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at , regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Activated Alumina Market report based on End-User, Application and Region.

Activated Alumina Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the Activated Alumina Market includes BASF SE (Germany), Sumitomo Chemical Co., Ltd. (Japan), Honeywell International, Inc. (U.S.), J.M. Huber Corporation (U.S.), Porocel Corporation (U.S.), AGC Chemicals Pvt. Ltd. (India), Axens SA (France), Dynamic Adsorbents, Inc. (U.S.), Sorbead India (India), and Camfil Group (Sweden). The competition is primarily driven by the application scope and use of activated alumina in a different type of products.

• Eli Lilly and Company (Lilly) (US) and the Bill & Melinda Gates Foundation (US) have struck an agreement to promote access to future Lilly therapeutic antibodies under development for the prevention and treatment of COVID-19 in low- and middle-income countries.
• Gilead Sciences (US) signed voluntary licencing agreements with nine generics manufacturers to increase Remdesivir supply to 127 countries, nearly all of which are low-income or lower-middle-income. Furthermore, Gilead has expanded its global manufacturing facilities by collaborating with industry peers to boost manufacturing capacity globally. Pfizer (United States) also announced a multi-year partnership with Gilead to produce and supply remdesivir.

• BASF SE
• Sumitomo Chemical Co., Ltd.
• Honeywell International, Inc.
• J.M. Huber Corporation
• Porocel Corporation
• AGC Chemicals Pvt. Ltd.
• Axens SA
• Dynamic Adsorbents, Inc.
• Sorbead India
• Camfil Group