According to the research report titled ‘Asia Pacific Activated Alumina Market Forecast 2027 By Application, By Sector, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, Asia Pacific activated alumina market size is anticipated to reach a valuation of USD 85 million by the end of forecast timeframe 2021-2027.
 

Growing shortage of freshwater resources is primarily driving Asia Pacific activated alumina market growth. Notably, contamination of water bodies with industrial pollutants is alarmingly increasing serious health problems in individuals. Activated alumina can be utilized to eradicate impurities from waterbodies.
 

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For the uninitiated, activated alumina is a chemical made from aluminum hydroxide after being dehydroxylated, creating a material that is extremely porous & lightweight which aids in removing substantial amounts of hazardous compounds like fluoride and sulphur from water, and also finds application in oil & gas sector, and chemical industries.
 

It possesses favorable characteristics such as thermal stability, improved absorption rate, and high selectivity which help in removing moisture from gases, making it easier to store them in metallic equipment that can otherwise induce corrosion.
 

Based on application scope, Asia Pacific activated alumina industry from absorbent segment is expected to grow at a CAGR of 9% through 2027. This can be credited to escalating demand for modern fluoride removal technology in fresh waterbodies, and rising production processes across metal, fertilizer, pharmaceutical, and chemical industries.
 

Considering sector, the market size oil & gas segment will be worth over USD 26 million by 2027 owing to use of activated alumina as a catalyst to filter gasses in order to dry liquids and.
 

From a geographical perspective, China market will develop rapidly owing to rising government investments towards modernization of public infrastructures and subsequent spike in the demand to manage wastewater. Several firms in the country are installing wastewater treatment plants where activated alumina will serve as a water purifier to eradicate industrial toxins from the water before discharging it into freshwater bodies.
 

Elaborating on the competitive landscape, Sumitomo Chemicals Co. Ltd., BASF SE, Huber Engineered Materials, Sorbead India, and Porocel Industries LLC are among the major companies influencing the Asia Pacific activated alumina market dynamics.