Global Activated Alumina Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027. Growing investments in water treatment infrastructure and the increasing demand for oil and gas applications are key drivers for Market.
Activated Alumina Market is valued around USD 1.81 Billion in 2021 and expected to reach USD 2.65 Billion by 2028 with the CAGR of 5.63% over the forecast period.
Activated alumina is chemical substance dry and granular in nature produced by the removal of hydroxyl group ion from aluminum hydroxide. It is used as catalyst in various chemical reaction and industrial sector as well. Activated alumina is mostly used oil and gas industry and water treatment. So, during the study of Global Activated Alumina market, we have considered Activated Alumina End user to analyze the market.
Global Activated Alumina Market report is segmented on the basis of end user type and by regional & country level .Based upon end users, global Activated Alumina Market is classified as Reaction Catalyst, Oil & Gas, Water Treatment, and Biomaterial.
The commercialization and growth of global Activated Alumina market over the past 25 years has been highly impactful. There is a constant increase in the oil & gas industry over the period of time which is driven by the constant increasing population and automobile industry over the forecast period. As per Population reference Bureau report 2017, the world population will reach 9.8 billion by the end of 2050.Activated alumina is used in Claus process earlier activated bauxite is used which is replaced by activated alumina due to the better absorption and recovery of sulfur. There is an increase in the awareness among people about the ill effects of consuming unfiltered water which has fueled the Activated alumina market. It is mostly used in water treatment as it removes most of the fluorides from the water and it is also used in air dryers to provide moisture free environment. However, Single usage and high cost of alumina filters are expected to hamper the growth of activated alumina market.
North America dominates the market with highest market share which is closely followed by Europe due high fluoride content in the water of these regions. Increased production of Oil and gas in these regions will also support the growth of activated alumina market in this region. Asia Pacific will be the fastest growing region over the forecast period due to the developing economies and industrialization. There is an high investment in these regions water treatment infrastructure which is further supported by the constantly increasing petroleum industry and liquid drying . As per Indian Brand Equity Foundation report in India, the Oil imports rose sharply year-on-year by 27.89 per cent to US$ 9.29 billion in October 2017. India's oil consumption grew 8.3 per cent year-on-year to 212.7 million tonnes in 2016, as against the global growth of 1.5 per cent, thereby making it the third-largest oil consuming nation in the world.All the above mentioned factor will fuel the growth of activated alumina market over the forecast period and expected to create new opportunities.
The regions covered in this 2, 5-Furandicarboxylic Acid Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of 2, 5-Furandicarbocylic acid is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2027|
|Market Size in 2021:||USD 1.81 Billion|
|Base year considered||2020|
|Forecast Period CAGR %:||5.63%|
|Market Size Expected in 2028:||USD 2.65 Billion|
|Tables, Charts & Figures:||175|
|Key Players/Companies||BASF SE, Bee Chems, Sigma-Aldrich Corporation, Porocel, Shandong Zhongxin New Material Technology Co., Ltd., Sorbead India, AGC Chemicals Pvt. Ltd.,Garg Chemical Company, Hengye Group, J.M. Huber Corporation, Honeywell International Inc., Sumitomo Chemical Co., Ltd., Axens, Dynamic Adsorbents, Inc., KIN Filter Engineering Co., Limited, Shayan Corporation, Baltimore Innovations Ltd., Sialca Industries|
|Segments Covered||By End-User|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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