Activated Alumina Market 2023: Size (US$ 1,333.5 Million), Industry Analysis, Share, Global Price, & Report 2028
The latest report by IMARC Group, titled “Activated Alumina Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global activated alumina market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global activated alumina market size reached US$ 1,006.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,333.5 Million by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Activated alumina is a highly porous aluminum oxide with a large surface area and is widely used as a filter material. The material is obtained by treating aluminum oxide at high temperatures, forming a porous structure with many tiny pores. One of the most common applications of activated alumina is in the purification of water. It is a filter material to remove impurities from drinking water, including fluoride, arsenic, and selenium. It effectively removes organic contaminants from water, making it an ideal filter material for industrial and residential applications. It is an effective adsorbent for removing impurities from chemical reactions, improving the quality of the final product. In the pharmaceutical industry, it is used to remove contaminants from drugs and active pharmaceutical ingredients, ensuring their purity and efficacy. It is a versatile and valuable material with a wide range of applications. Its effectiveness, durability, and affordability make it a popular choice for many industries and households.
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Market Trends:
The global market is majorly driven by the increasing demand for water and air purification. In line with this, the expanding pharmaceutical and chemical industries are significantly contributing to market growth across the globe. Furthermore, the rising awareness of the importance of water and air quality is positively influencing the market. Apart from this, the growing demand for high-purity chemicals and pharmaceuticals is catalyzing the demand for activated alumina. In the water purification industry, activated alumina is widely used to remove impurities such as fluoride, arsenic, and selenium from drinking water, making it a crucial component in ensuring a clean water supply. This, in turn, is expected to propel the market. The escalating demand for clean drinking water, especially in developing countries, is driving the growth of the activated alumina market worldwide.
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The gas purification industry is also contributing to the growth of the activated alumina market. Moreover, the increasing demand for natural gas and the growing concern over air quality are strengthening the market. Besides, stringent environmental regulations regarding water and air quality are creating a positive outlook for the market. Companies across the globe are using activated alumina to meet these regulations and reduce the impact of their operations on the environment. Additionally, rapid technological advancements have made it possible to produce activated alumina with improved purity, efficiency, and performance. This has led to rising demand for the material, as it can be used in a wider range of applications.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
- AGC Chemicals Pvt. Ltd.
- Axens
- BASF SE
- Dynamic Adsorbents Inc.
- Honeywell International Inc.
- Huber Engineered Materials
- Jiangxi Sanxin Hi-Tech Ceramics Co. Ltd.
- Porocel Industries
- Shandong Zhongxin New Material Technology Co. Ltd.
- Sialca Industries
- Sorbead India
- Sumitomo Chemical Co. Ltd.
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Key Market Segmentation:
Breakup by Application:
- Catalyst
- Desiccant
- Absorbent
- Others
Breakup by End-Use Industry:
- Water Treatment
- Pharmaceutical
- Textile
- Oil & Gas
- Chemical
- Others
Breakup by Form:
- Powder
- Beads
Breakup by Mesh Size:
- 80-150 Mesh
- 150-300 Mesh
- Above 300 Mesh
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Key highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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