Activated Alumina Market Projections Highlighting Primary Trends Till 2025 | Key Players – Almatis, Axens, BASF, UOP, W.R. Grace | Million Insights
Global Activated Alumina Market is expected to reach USD 1.32 billion by 2025. Activated alumina is termed as an aluminum oxide, which has a great surface area, and is extremely porous. It is highly resistant to thermal scratch and shock. Moreover, it won’t swell, soften, shrink, and nor even degenerate when immersed in water. It is known as a decent packing media and is exclusively used as a catalyst, an air and gas desiccant, and dryer for distillation plants. Moreover, activated alumina balls are used for absorbing tertbutyl catechol (TBC) and water to purify cyclohexane, styrene, and butadiene. The market is estimated to grow at a significant CAGR over the future period as the scope and its applications are rising enormously across the globe.
Rising use of Claus process, rising use of domestic filtration system in houses, and high demand from the petroleum industry for air-drying are documented as major factors of Activated Alumina Market that are estimated to enhance the growth in the years to come. However, high cost and can be used only once are the factors that may restrain overall market in the coming years. The market is segmented based on Grades, End-users, and region.
To download the sample PDF of “Activated Alumina Market Report” please click here:
https://www.millioninsights.com/industry-reports/activated-alumina-market/request-sample
AA300 and AA400 are the main grades that could be explored in Activated Alumina in the forecast period. AA300 activated alumina is a desiccant grade absorbent, which is mainly used for drying air or other steam gasses due to its excellent adsorption capacity of water vapor. The “AA300 grades” segment conquered the market by accounting for the maximum percentage of the total market share and is estimated to lead the overall market in coming years. This may be because of its properties such as high surface area and excellent crush strength, which results in its increased usage as a catalyst for natural gas operations, smelters, and refineries to prevent environmental pollution caused by hydrogen peroxides. Also, AA400 sector is estimated to grow at fastest pace in the coming years.
The market may be categorized based on end-users like Reaction Catalyst, Oil & Gas, Gas Dehydration, Liquid Dehydration, Water Treatment, Biomaterial, Others (Including Pharmaceutical, etc.). “Oil and gas” segment is estimated to grow gradually during the forecast period. This may be because of extensive application of activated alumina in natural gas industries for the purification and drying of natural liquids and gasses. Activated alumina balls help remove water from natural gas transmission and prevents erosion of equipment.
Globally, Asia Pacific accounted for the largest market share of Activated Alumina and is estimated to grow at fastest pace in the coming years. This may be because of high demand in water treatment and oil & gas industries and growth in the adoption of activated alumina in sulfur recovery units. The developing countries like India and China are the major consumers of Activated Alumina in the region. This may be because of rising demand for gas and liquid drying devices in the oil & gas industry and increasing investment in water treatment infrastructure.
Instead, North America and Europe are also estimated to have a positive influence on the future growth. North America is the second largest region with significant market share. The United States is a major consumer of Activated Alumina in the region, as rising use of latest technology to remove excess fluorine in water and growth in the production of oil and gas.
The key players of Activated Alumina Market are Almatis, Axens, BASF, UOP, W.R. Grace. Other prominent vendors of global market are Huber Materials, PingxiangZhongying Packing, Sorbead India, Shanghai Hengye Chemical Industry Company. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As companies all over the world have to believe that alliance with a market would permit them proportional market existence and authority to declare the leadership position.
To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/activated-alumina-market
Market Segment:
Application Outlook (Volume, Tons; Revenue, USD Million; 2014 – 2025)
• Catalyst
• Desiccant
• Fluoride Adsorbent
• Bio Ceramics
• Others
End Use Outlook (Volume, Tons; Revenue, USD Million; 2014 – 2025)
• Water Treatment
• Oil & Gas
• Plastics
• Healthcare
• Others
Regional Outlook (Volume, Tons; Revenue, USD Million; 2014 – 2025)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa
• South Africa
Browse the Latest Press Releases Available with Million Insights:
• Biosensors Market – The global biosensors market size is estimated to arrive at USD 41.8 billion by 2028. It is projected to develop by 7.9% CAGR from 2021 to 2028.
• Plant Genotyping Equipment Market – The global plant genotyping equipment market size is anticipated to value USD 895.45 million until 2025. It is also expected to register a CAGR of 9.6% over the forecasted years, 2018 to 2025.
About Million Insights
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/activated-alumina-market