According to the research report titled ‘Europe 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, Europe activated alumina market is anticipated to garner sizeable returns by the year 2027.
 

Ever rising environmental concerns, increasing demand for clean & drinkable water, strict government regulations for providing access to pollution-free water are the major growth driving factors for Europe activated alumina market.
 

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For the unversed, activated alumina is extremely useful for water filtration, as it removes excess fluoride as well as other impurities like arsenic and lead. It is quite stable naturally and mixes well with various compounds without affecting their shape or chemical composition. Because it is highly porous and has a high surface-area-to-weight ratio, it works well as an absorbent. Hence, aforementioned factors are impelling the product usage across water treatment units, generating revenues.
 

However, the COVID-19 outbreak has hampered the industry outlook recently because of shutting down of manufacturing plants due to movement restrictions.
 

In terms of application, Europe activated alumina market share from catalyst segment is anticipated to grow with a CAGR of 8.5% through 2027, owing to extensive product usage in natural gas processing plant for producing eco-friendly fuel with no sulfur content. Notable, activated alumina has different chemical and physical characteristics like purity, surface area, porosity, thermal resistance, and density that justify its use as a catalyst.
 

Furthermore, desiccants application share is poised to grow steadily at 7.9% CAGR through 2027, because it aids removal of acids from transformer oils, refrigerants, and lubricants, and is used for drying natural gas and compressed air.
 

On the basis of end-use sector, the oil & gas segment revenue share is predicted to rise at 8.6% CAGR during 2021-2027, as the product is widely used to remove sulfur from diesel and gasoline fuels to reduce emission rates and control pollution. 
 

Meanwhile, the water treatment segment has generated massive revenues in the past and is projected to do so again in the future, attributed to usage of activated alumina as an acid remover, eliminating acidic components from transformers and refrigerants, thereby preventing degradation.
 

The key players in Europe activated alumina marketplace are Camfil Group, Axens S.A., Chevron Corporation, Porocel Corp., Dynamic Adsorbents, Inc., BASF SE, Huber SE, and ConocoPhillips Company.