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 is slated to grow tremendously and amass a valuation of USD 85 million during 2021-2027.

Scarcity of freshwater due to contamination caused by industry pollutants, rise in the number of people suffering from health issues caused by contaminated water, and widespread utilization of the product in sectors like chemical, water treatment, and oil & gas are variables propelling Asia Pacific activated alumina market growth.

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For those unaware, activated alumina is a compound made by dehydroxylation of aluminum hydroxide. The resulting material is lightweight and highly porous in nature enabling it to extract harmful chemicals like sulfur from water in huge capacity. 

Based on application spectrum, the absorbent vertical is estimated to grow at 9% CAGR during the projected timeline, due to product usage in various pharmaceutical, metal, and chemical industries for purification processes, and advancement of clean energy technologies. 

In terms of sector type, the oil & gas segment of Asia Pacific activated alumina industry is anticipated to garner USD 26 million in revenue by 2027, due to the product's use as a catalyst to purify manufactured gases. With the increased production of oil & gas products, the need for liquid & gaseous drying has also grown with high demand for activated alumina.

From a regional front, China market is poised to record substantial growth during the assessment timeframe, owing to the government’s rising investments in the development of advanced public infrastructure by creating many wastewater treatment plants for managing wastewater generated from multiple industrial sectors. 

The prominent names in Asia Pacific activated alumina marketplace include Jiangsu Jingjing New Material Co. Ltd., BASF SE, Shandong Zhongxing New Material Technology Co. Ltd., Sumitomo Chemicals Co. Ltd., Chalco Shandong Advanced Material Co. Ltd., Huber Engineered Materials, Camfil Group, Porocel Industries LLC, and Sorbead India among others.