Global Activated Alumina Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Beads and Powder.

By Application;

Catalyst, Absorbent and Others.

By End User;

Water treatment oil & gas, Plastic, Healthcare and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn412654426 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Activated Alumina Market (USD Million), 2020 - 2030

In the year 2023, the Global Activated Alumina Market was valued at USD 696.45 million. The size of this market is expected to increase to USD 1,054.14 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.

The global activated alumina market has experienced significant growth over recent years, driven by its extensive use in various applications such as water treatment, oil and gas, and pharmaceuticals. Activated alumina, a highly porous form of aluminum oxide, exhibits excellent adsorption properties, making it an ideal material for removing contaminants like fluoride, arsenic, and selenium from water. This market's expansion is further supported by growing environmental regulations and the need for effective water purification solutions, particularly in regions facing water scarcity and pollution issues.

Several factors are propelling the growth of the activated alumina market. The increasing demand for clean and potable water in both developed and developing nations is a primary driver. In the oil and gas industry, activated alumina is used as a desiccant and catalyst support, contributing to its steady market demand. Additionally, the pharmaceutical industry relies on activated alumina for chromatography processes and as a drying agent. Recent trends indicate a rising preference for eco-friendly and sustainable water treatment solutions, which aligns well with the properties of activated alumina.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe are mature markets, characterized by stringent environmental regulations and advanced water treatment infrastructure. Asia-Pacific, however, is emerging as the fastest-growing market due to rapid industrialization, urbanization, and increasing awareness about water quality. Countries like China and India are investing heavily in water treatment projects, driving the demand for activated alumina. In the Middle East, the market is fueled by the oil and gas industry's extensive use of activated alumina for drying and purification processes.

The global activated alumina market is highly competitive, with several key players striving to enhance their market share through product innovation and strategic partnerships. Major companies such as BASF SE, Honeywell International Inc., and Axens are prominent in this space, offering a wide range of activated alumina products tailored to various industrial needs. These companies are focusing on research and development to improve the efficiency and adsorption capacity of activated alumina, aiming to meet the evolving demands of different industries. Additionally, strategic collaborations and mergers are common strategies adopted by these players to expand their global footprint and strengthen their market position.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Activated Alumina Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Water Treatment Applications
        2. Growing Demand in Oil Industry
        3. Expanding Chemical Manufacturing Sector
        4. Environmental Regulations Compliance
        5. Rising Industrialization Globally
      2. Restraints
        1. High Production Costs
        2. Availability of Substitutes
        3. Volatile Raw Material Prices
        4. Stringent Environmental Regulations
        5. Market Saturation in Developed Regions
      3. Opportunities
        1. Technological Advancements
        2. Emerging Economies Growth
        3. Innovation in Product Applications
        4. Strategic Partnerships and Collaborations
        5. Increasing Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Activated Alumina Market, By Type, 2020 - 2030 (USD Million)
      1. Beads
      2. Powder
    2. Global Activated Alumina Market, By Application, 2020 - 2030 (USD Million)
      1. Catalyst
      2. Absorbent
      3. Others
    3. Global Activated Alumina Market, By End User, 2020 - 2030 (USD Million)
      1. Water treatment oil & gas
      2. Plastic
      3. Healthcare
      4. Others
    4. Global Activated Alumina Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Honeywell International Inc.
      3. Sumitomo Chemical Co., Ltd.
      4. Porocel Industries, LLC
      5. Axens
      6. Huber Engineered Materials (J.M. Huber Corporation)
      7. Albemarle Corporation
      8. Sorbead India
      9. Santa Cruz Biotechnology, Inc.
      10. Dynamic Adsorbents, Inc
  7. Analyst Views
  8. Future Outlook of the Market