Activated Alumina Market Overview
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%.
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.
Impact of Covid-19 pandemic on market
According to the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA), the COVID-19 pandemic caused a global economic collapse in 2020, with a 3.5 percent shrinkage. While it is expected that a substantial economic rebound will emerge in 2021, the global economy remains uncertain. The recovery will be strongly reliant on the ability to prevent the spread of the pandemic, with widespread use of efficient vaccines playing a critical role. Desiccation, fluoride adsorption, catalysis, vacuum systems, food preservatives, eliminating trace metals and acidic contaminants from organic streams, and de-fluoridation of drinking water are all applications for activated alumina. Activated alumina is a popular industrial desiccant due to its outstanding adsorption characteristics. The worldwide business environment has deteriorated as a result of the COVID-19 epidemic, creating an uncertain picture for the activated alumina market. The pandemic had a negative influence on several businesses by impeding production and working capacity due to lockdowns and labour restrictions, disrupting the worldwide supply chain.
Activated Alumina Market Dynamics
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.
Activated Alumina Market Segmentation
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.
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2029 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
|
Market Segmentation |
By End-User – Oil & Gas, Water Treatment, Plastics and Healthcare By Application – Catalyst, Desiccant, Fluoride Adsorbent and Bio Ceramics |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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 2019 to 2029. For the purpose of this study, has segmented the Global Activated Alumina Market report based on End-User, Application and Region.
Recent Highlights:
- 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.
Activated Alumina Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Activated Alumina Market Key Players
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.
Activated Alumina Market Company Profile
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sumitomo Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Honeywell International, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- J.M. Huber Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Porocel Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AGC Chemicals Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Axens SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dynamic Adsorbents, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sorbead India
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Camfil Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Activated Alumina Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By End-User
- Market Snippet, By Application
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Activated Alumina Market, By End-User
-
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Oil & Gas
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Water Treatment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Plastics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Healthcare
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
-
- Global Activated Alumina Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Catalyst
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Desiccant
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Fluoride Adsorbent
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Bio Ceramics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Activated Alumina Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sumitomo Chemical Co., Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Honeywell International, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- J.M. Huber Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Porocel Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AGC Chemicals Pvt. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Axens SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Dynamic Adsorbents, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sorbead India
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Camfil Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
-
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Global Activated Alumina Market report segments the market on the basis application, end user and region.
Government initiatives, such as the implementation of various water supply and treatment projects, are expected to drive product demand over the projection period.
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.
The key players operating in the Global 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).