The value of the global activated alumina market stood at US$ 1.0 Bn in 2021. Global market study on activated alumina predicts the market to rise at a CAGR of 5.2% during the forecast period, from 2022 to 2031. The activated alumina market size is estimated to attain valuation of US$ 1.7 Bn by 2031. Players in the global activated alumina market are concentrating on important domains including oil & gas and water treatment. A large number of end users utilize and value activated alumina's attributes, such as absorbance, which make it a useful component for several industries.
Request a Sample: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3914
Key Findings of Market Report
- The beads category led the global market for activated alumina in terms of shape, accounting for more than 55% of sales in 2021. Because of their high surface area to mass ratio and high pourability, activated alumina beads are an extremely effective absorbent in a variety of applications. These beads are widely used in water purification processes to eliminate pollutants like fluoride. They are used to dehydrate compressed gases and air like compressed natural gas (CNG) and liquid petroleum gas (LPG) in oil and gas industries.
- For a point-of-entry or a point-of-use water treatment system, activated alumina is considered ideal and widely preferred. Some of the main pollutants found in water streams are sodium fluoride, lead, and arsenic. Effective removal of these pollutants is made possible by activated alumina. Other applications for activated alumina include treating source water, which frequently contains high concentrations of sulphate.
- The oil and gas industry makes extensive use of activated alumina as a desiccant. Without undergoing any physical or chemical changes, it is able to absorb vast volumes of both gases and liquids. It is utilized to dehydrate organic liquids including aromatic solvents, liquid petroleum gas, steam-cracked liquids, and gasoline.
Global Activated Alumina Market: Growth Drivers
- When it comes to domestic energy production, natural gas is considered to be the source with the highest growth. As a result, it is projected that increasing use of LNG and CNG as alternative fuels is likely to raise consumption of activated alumina for various applications.
- Based on volume, the Asia Pacific region is likely to dominate the global market for activated alumina. This regional growth is due to growing investments in water treatment facilities, which are linked to expanding urbanization and industrialization in major economies like Japan, India and China.
Global Activated Alumina Market: Key Players
Some of the key market players are
- Sumitomo Chemical Co., Ltd.
- Shandong Boyang New Materials Technology Co., Ltd.
- KIN Filter Engineering Co., Limited
- Honeywell International Inc.
- Baltimore Innovations Ltd.
- J.M. Huber Corporation
Global Activated Alumina Market: Segmentation
Form
- Powder
- Beads
Application
- Reaction Catalyst
- Oil & Gas
- Water Treatment
- Biomaterial
- Others
Regions Covered
- North America
- Latin America
- Europe
- Asia Pacific
Buy this Premium Research Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=3914<ype=S
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
%20Market.jpg)
0 Comments:
Post a Comment