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Activated Alumina Market To Witness Impressive Measured Growth Worth USD 1.32 Billion By 2025: Grand View Research, Inc.

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Activated Alumina Market To Witness Impressive Measured Growth Worth USD 1.32 Billion By 2025: Grand View Research, Inc.

February 11
20:40 2020
Activated Alumina Market To Witness Impressive Measured Growth Worth USD 1.32 Billion By 2025: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research,Rising demand for the product across various end-use industries, such as water treatment, oil & gas, plastics and healthcare is anticipated to drive the activated alumina market.

According to a report, “ Activated Alumina Market Size, Share & Trends Analysis Report By End Use (Oil & Gas, Water Treatment, Plastics, Healthcare), By Application (Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics), And Segment Forecasts, 2019 – 2025 ”, published by Grand View Research, Inc.,The global activated alumina market size is anticipated to reach USD 1.32 billion by 2025 registering a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Rising demand for the product across various end-use industries, such as water treatment, oil & gas, plastics and healthcare is anticipated to drive the market. Activated alumina is an inorganic substance that is produced by the dehydration of aluminum hydroxide at high temperature.

It is highly porous and exhibits tremendous surface area, which results in superior adsorbent capabilities. In addition, the product is resistant to thermal shock and abrasion and does not shrink, soften, swell, or disintegrate when immersed in water. Shrinking freshwater reserves coupled with rising demand for water supply is expected to drive the water treatment sector over the coming years. Various government agencies are looking for effective ways to meet the cumulative need for regular water supply. The drive to create a sustainable water treatment environment is expected to positively influence the product demand over the forecast period.

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The product is used as an adsorbent in water treatment for fluoride removal. Fluoride is the waste that is associated with production of fertilizers, pesticides, semiconductors and steel and aluminum. The U.S. Environmental Protection Agency (EPA) has established the maximum contaminant amount of fluoride in water at 4ppm. Activated alumina can reduce these levels even further, thus, it is preferred over other methods of fluoride removal. Asia Pacific led the global market and is likely to continue its dominance over the forecast period. Rapidly growing end-use industries in the region is the major factor driving the market.

China activated alumina Market

Further key findings from the study suggest:

  • Fluoride adsorbent application led the global activated alumina market in 2018 and is expected to register the highest CAGR of 6.3% from 2019 to 2025

  • Oil & gas segment is anticipated to witness a CAGR of 5.6%, in terms of revenue, from 2019 to 2025 due to growing number of installations of gas pipelines

  • Asia Pacific was the largest regional market in 2018and is expected to reflect the fastest CAGR from 2019 to 2025

  • Some of the key companies in the market are BASF SE; Honeywell International, Inc.; Sumitomo Chemical Co.; and Axens SA

  • Most of these companies have undertaken strategies, such as have M&A, for business expansion and to provide better services

  • Majority of the key companies are concentrated in U.S., Europe, and in a few developed nations of Asia Pacific

Application Insights

Fluoride adsorbent was the largest application in 2018. The product is used for fluoride removal during the purification of drinking water.Growing need for water purification is expected to drive the product demand over the forecast period. It is used as a catalyst in the Claus reaction.Expansion and new construction of refineries are likely to augment its demand over the coming years. For instance, in 2019, Saudi Arabia government signed a memorandum of understanding with the government of India to build a refinery in India.

Global activated alumina Market

The product is also used in gas and liquid drying applications. It is capable of drying almost all liquids and gases due to its high surface area. Its properties including resistance to abrasion and thermal shock are likely to drive the demand in chemical & pharmaceutical industries. Bio ceramics application is expected to witness strong grow from 2019 to 2025. Activated alumina-based ceramics can survive adverse conditions, such as acidic or alkaline environment and high temperatures. These properties promote the product usage in bone and dental applications.

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Grand View Research has segmented the global activated alumina market on the basis of application, end use, and region:

Activated Alumina Application Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

  • Catalyst

  • Desiccant

  • Fluoride Adsorbent

  • Bio Ceramics

  • Others

Activated Alumina End Use Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

  • Water Treatment

  • Oil & Gas

  • Plastics

  • Healthcare

  • Others

Activated Alumina Regional Outlook (Volume, Tons; Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S. 

  • Europe

    • Germany

    • U.K. 

  • Asia Pacific

    • China 

    • India

    • Japan 

  • Central & South America

    • Brazil 

  • Middle East & Africa

    • Saudi Arabia

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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