According to the research report titled ‘North America Activated Alumina Market Forecast 2027 By Sector, By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America activated alumina market is expected to generate revenues worth USD 60 million by the year 2027.
 

Growing water demand, widespread product adoption in industrial settings to purify water, and favorable regulatory outlook towards environmental conservation are some of the prime factors fueling the growth of North America activated alumina market.
 

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Increasing importance of water treatment, rising demand for purified drinking water, and environmental benefits associated with activated alumina are also facilitating the business scenario in North America.
 

Activated alumina is widely used for producing hydrogen peroxide, gasoline, and natural gas. The compound is also known to be a good desiccant and can dry high-humidity gases like air. Thus, increasing onshore oil production is favoring the regional market outlook as well.
 

However, the COVID-19 pandemic has lowered the demand for natural gas. The closure of aviation sector, increasing storage costs, and reduced demand for refined product has also had a direct impact on North America, which in turn could act as a bottleneck for the overall industry growth.
 

Despite this, surging importance of hygiene and mounting demand for clean water could act as a key revenue contributor for North America activated alumina market.
 

Considering the geographical landscape, the U.S. market is expected to showcase 7% CAGR through 2027. The country is known to be a major crude oil producer, with the overall output likely to increase as the demand for natural gas and oil rises in emerging economies, which in turn is positively swaying the business dynamics in the United States.
 

The major players operating in North America activated alumina industry are The Camfil Group, Axens S.A., Chevron Corp., The ConocoPhillips Co., ExxonMobil Corp., BASF SE, DuPont de Nemours Inc., and Honeywell International Inc. among others.