According to the research report titled ‘Activated Alumina Market Size, By Application (Adsorbents, Desiccants, Catalysts), By Sector (Oil & Gas, Water Treatment, Chemical), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 2027’, available with MarketStudyReport, global activated alumina market is set to register remarkable gains over the forecast period 2021-2027.
 

Factors such as rising product use in water treatment applications, growing oil & gas exploration activities, and advancements in chemical sector are primarily driving global activated alumina market growth.

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For the unversed, activated alumina is a solid and porous form of aluminum oxide, and is also known as alumina or Al2O3. After getting rid of excess moisture by heating, massive surface areas and the porous nature of the compound facilitate water retention via absorption.

Hence, product usage as desiccant and catalyst in chemical reactions across pharmaceutical and fertilizer sectors is aiding the industry outlook.

Despite the positive outlook, high volatility in raw material costs is likely to impede industry development in the upcoming years.

Based on application scope, the industry is classified into adsorbents, desiccants, catalysts, and others (deodorant, abrasives and filler for resin). Among these, abrasives application segment is slated to perform remarkably well over 2021-2027, owing to use of activated alumina in grinding activities which require higher toughness as compared to white fused aluminum oxide.

Considering sector type, worldwide activated alumina industry is categorized into water treatment, chemical, oil & gas and others (pharmaceutical, food & beverage, and fertilizers). Others segment is slated to garner significant gains over the analysis period, due to high product acceptance in fertilizer sector as well as in pharmaceutical segments.

From a regional frame of reference, Middle East & Africa market is anticipated to witness 7% CAGR over the forecast time period. This can be credited to increasing investments aimed at improving production capacity of oil & gas fields, and surging oil & gas manufacturing activities.

Speaking of the competitive gamut, companies such as Global Adsorbents Pvt. Ltd., Jiangsu Jingjing New Material Co. Ltd., Shandong Zhongxin New Material Technology Co. Ltd., Chalco Shandong Advanced Material Co. Ltd., Dynamic Adsorbents Inc., Camfil AB, Sorbead (BASF SE), Honeywell International Inc., Axens, J.M. Huber Corp., Porocel Industries LLC, and Sumitomo Chemical Co. Ltd. prominently influence global activated alumina market trends.