Global Activated Alumina Market, By Function (Adsorption, Catalysis, Desiccation), Form (Beads, Powder), Application (Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics, Vacuum Systems Filtering Substance, Medical Applications, Drying Agent, Vacuum Systems), End-Use (Water Treatment, Oil and Gas, Plastics, Healthcare, Others) – Industry Trends and Forecast to 2030.
Activated Alumina Market Analysis and Size
Water shortage is one of the major problems the world is facing. The demand for water is growing at a significant rate due to the rise in population all over the world. According to the United Nations report, 1.8 billion people are likely to live in counties with absolute water scarcity by 2050. There is an increasing prevalence of decontaminated water among various industries. Hence, activated alumina is used in the purification and treatment of water in the water treatment industry.
Data Bridge Market Research analyses that the activated alumina market is expected to reach USD 256.92 million by 2030, which is USD 163.65 million in 2022, registering a CAGR of 5.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Activated Alumina Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 - 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Function (Adsorption, Catalysis, Desiccation), Form (Beads, Powder), Application (Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics, Vacuum Systems Filtering Substance, Medical Applications, Drying Agent, Vacuum Systems), End-Use (Water Treatment, Oil and Gas, Plastics, Healthcare, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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BASF SE (Germany), Honeywell International Inc. (U.S.), Sumitomo Chemical Co., Ltd. (Japan), Porocel (U.S.), Axens (France), AGC Chemicals Pvt. Ltd. (India), Sorbead India (India), Shandong Zhongxing New Material Technology Co.,Ltd (China), Luoyang Xinghua Chemical Co.,Ltd (China), Hengye Inc. (U.S.), J.M. HUBER CORPORATION (U.S.), Garg Chemical Company (India), Merck KGaA (Germany), and Baltimore Innovations Ltd (U.K.), among others
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Market Opportunities
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Market Definition
Activated alumina is considered to be a superior desiccant with numerous properties, including high crush strength, chemical assault resistance and thermal shock resistance, that make it perfect for numerous industrial processes. As a result of its large surface area and high porosity, activated alumina's potential as an adsorbent has driven it for numerous applications.
Activated Alumina Market Dynamics
Drivers
- Increasing demand for alumina beads
The demand for the activated alumina beads increase due to to the high demand for alumina beads for treatment of water among developing nations and growing government initiatives to tackle with issues related to water. Activated alumina beads are extremely porous and provide a high surface area-to-mass ratio, making them an extremely effective absorbent for various applications. These beads are also used in oil and gas applications to dehydrate compressed gases and air such as compressed natural gas (CNG) and liquid petroleum gas (LPG).
- Rising usage of gas as alternative fuel
Consumption of gas such as CNG, LNG, and many other as a fuel has augmented by 1.5 times in the last few years. These gases need to be free of moisture and contaminants to avoid choking pipelines and corrosion due to water condensation. The above mentioned gases are passed through activated alumina to remove moisture and impurities such as carbon dioxide and hydrogen sulphide. Thus increasing consumption of compressed natural gas (CNG) and liquid petroleum gas (LPG) as alternative fuel is expected to increase the activated alumina demand and likely to impel the market growth.
Opportunities
- Growing usage of activated alumina in oil and gas industry
Activated alumina is highly used as a desiccant in the oil and gas industry. It can adsorb large amount of gases and liquids without any physical or chemical transformation. It is widely used to dehydrate organic liquids such as liquid petroleum gas, gasoline, steam cracked liquids and aromatic solvents. Activated alumina helps to remove traces of moisture in gases such as methyl chloride, synthesis gas, and natural gas for gas dehydration. Therefore, growing usage of activated alumina in the oil and gas industry is anticipated to create lucrative opportunities for market growth.
- Increasing government investments in water treatment infrastructure and technologies
The governments in different nations are investing in water treatment technologies and infrastructure to counter these issues. For instance, the government of China assigns about US$ 110 Bn per year for environment protection and pollution control, including wastewater treatment. Activated alumina is preferred as a point-of-entry or point-of-use water treatment device. Activated alumina helps to remove these contaminants efficiently. Therefore, increasing government investments in water treatment will; create opportunities for the market growth.
Restraints/ Challenge
- Availability of activated alumina substitutes
Availability of activated alumina substitutes such as zeolites and activated carbon is expected to obstruct the market's growth because these alternatives exhibit comparable performance characteristics. Also, decline in absorption capacity of activated alumina is expected to be the major challenge for the activated alumina market during the forecast period.
This activated alumina market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the activated alumina market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Global Activated Alumina Market
According to the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) data, the COVID-19 pandemic resulted in a global economic collapse, with a projected 3.5 percent contraction in 2020. While there are expectations that a healthy economic recovery will happen in 2021, the global economy is quiet facing uncertainty. The recovery will highly depend on success at controlling the coronavirus spread pandemic, with the deployment of effective vaccines playing a major role. Activated alumina is extensively used in fluoride adsorption, catalysis, desiccation, vacuum systems, removing acidic impurities and trace metals from organic streams, food preservatives, and drinking water de-fluorated. The superior adsorption capabilities of activated alumina make it a prevalent industrial desiccant. The COVID-19 pandemic has declined the global economy, resulting in an uncertain outlook for activated alumina market.
Additionally, it has been observed that countries have started easing the restrictions owing to the growing populations vaccinated against coronavirus. Therefore, it can be anticipated that operating capacities will grow across industries, propelling the demand activated alumina internationally.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2022, NDL Industries introduced XH11 desiccant with activated alumina and charcoal, which help protect refrigeration systems. The desiccant is available as shells, suction line, biflow, liquid line, coupled with replaceable cores with press-fit ends, flare, and sweat.
- In 2021, Spectrum Filtration launched AerMax 500 which was created for schools, office spaces and commercial and industrial. To remove hazardous gases and odour, the filters have activated alumina impregnated-KMnO4 and zeolite. AerMax 500 works with auto-mode function, which are based on sensor and TVOC.
Global Activated Alumina Market Scope
The activated alumina market is segmented on the basis of function, form, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Function
- Adsorption
- Catalysis
- Desiccation
Form
- Beads
- Powder
Application
- Catalyst
- Desiccant
- Fluoride Adsorbent
- Bio Ceramics
- Vacuum Systems Filtering Substance
- Medical Applications
- Drying Agent
- Vacuum Systems
End-Use
- Water Treatment
- Oil and Gas
- Plastics
- Healthcare
- Others
Activated Alumina Market Regional Analysis/Insights
The activated alumina market is analyzed and market size insights and trends are provided by country, function, form, application and end-use as referenced above.
The countries covered in the activated alumina market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to dominate the activated alumina market in terms of revenue growth and market share due to large number of refining capacities couple with increasing demand of the fresh water supply in this region. Furthermore, the rise in government investment in water treatment technologies and infrastructure and increasing gas demand will further increase the market growth in this region. .
North America is expected to be the fastest developing region during the forecast period of 2023-2030 owing to the growing production and refinery expansion in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Activated Alumina Market Share Analysis
The activated alumina market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to activated alumina market.
Some of the major players operating in the activated alumina market are:
- BASF SE (Germany)
- Honeywell International Inc. (U.S.)
- Sumitomo Chemical Co., Ltd. (Japan)
- Porocel (U.S.)
- Axens (France)
- AGC Chemicals Pvt. Ltd. (India)
- Sorbead India (India)
- Shandong Zhongxing New Material Technology Co.,Ltd (China)
- Luoyang Xinghua Chemical Co.,Ltd (China)
- Hengye Inc. (U.S.)
- J.M. HUBER CORPORATION (U.S.)
- Garg Chemical Company (India)
- Merck KGaA (Germany)
- Baltimore Innovations Ltd (U.K.)
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