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Report Overview
The global activated alumina market reached approximately USD 1,237.23 million in 2023. The market is assessed to grow at a CAGR of 6% between 2024 and 2032 to attain a value of around USD 2,090.27 million by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- In 2022, the United States led global crude oil production with 17.0%, followed by Saudi Arabia at 13.5% and Russia at 12.2%, which can contribute to industry revenue.
- Canada produced 6.4% of crude oil, Iraq 5.0%, and China 4.6%, the United Arab Emirates contributed 4.5%, while Iran and Brazil accounted for 3.6% each in 2022, which drove significant demand for activated alumina.
- Brazil launched a National Water and Sanitation Plan (PlanSab) aimed at achieving 99% coverage of safely managed water supplies by the year 2030. This plan focuses on investments in water treatment infrastructure, which significantly increases the demand for activated alumina.
Activated Alumina Market Trends
Increased Deployment of Activated Alumina in Oil and Gas Sector
The rising usage of activated alumina in the oil and gas sector for the adsorption of water from natural gas streams is a crucial trend of activated alumina market. With the growing establishment of new refinery projects, the demand for activated alumina is also expected to increase.
As per the Enerdata, in 2022, North America led global natural gas production with 28.7%, followed by Middle East Africa at 23.9%, and CIS countries at 21.4%, which boosts the growth of the activated alumina industry. Asia Pacific contributed 16.4%, while Europe and Latin America had lower shares at 5.0% and 4.6%, respectively. The significant production in North America and the Middle East Africa drove demand for activated alumina in gas purification processes, particularly for removing moisture and contaminants. High production regions like CIS countries and Asia Pacific also required substantial activated alumina for efficient gas treatment.
Advancements in the Activated Alumina
Improved porosity and surface area increase the effectiveness in removing contaminants like fluoride, arsenic, and phosphates, making it ideal for water treatment and boosting activated alumina market value. Thermal regeneration extends the lifespan and cost-effectiveness of activated alumina, beneficial for repeated use in water and air purification systems. By regenerating the activated alumina through thermal treatment, its useful life can be significantly extended. This reduces the frequency of replacement and makes the material more cost-effective in the long run.
Its durability at high temperatures makes it valuable as a catalyst in petrochemical processes and as a desiccant in high-temperature gas and liquid streams. In the production of gasoline or diesel fuel, activated alumina serves as a catalyst or catalyst support in refining processes, enabling the breaking down of large hydrocarbons into smaller, more useful molecules. The development of nano-sized particles offers superior surface area and reactivity, enhancing performance in environmental remediation and advanced material synthesis applications.
Activated Alumina Market Report Snapshots
Activated Alumina Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global activated alumina market attained a value of nearly USD 1,237.23 million.
The market is projected to grow at a CAGR of 6% between 2024 and 2032.
The major drivers of the market include water treatment sector, rapid urbanisation, and increased population.
Government regulatives and growing environment concerns for water treatment is the key industry trend propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The application segments are catalyst, desiccant, fluoride adsorbent, and bio ceramics, among others.
The water treatment industry is the dominant end user for activated alumina.
The major players in the industry are BASF SE, Porocel Corporation, Honeywell International Inc. (NYSE: HON), and Dynamic Adsorbents, Inc. among others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2,090.27 million by 2032.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124