Global Activated Alumina Market Report and Forecast 2023-2028

Global Activated Alumina Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global activated alumina market is projected to grow at a CAGR of 4.3% between 2023 and 2028. Aided by the increasing application in water purification and air drying, and the emerging needs in the petroleum and healthcare industries, the market is expected to grow significantly by 2028.

Activated alumina, a porous and solid form of aluminium oxide, boasts of a high surface area-to-volume ratio, making it an excellent desiccant and adsorbent. Often appearing as small beads, activated alumina is renowned for its capability to adsorb contaminants like fluoride, arsenic, and selenium. Its non-toxic nature combined with its thermal stability reinforces its standing as an indispensable material in various applications, most notably in water purification systems.

The global spotlight on providing clean and safe drinking water has remarkably fuelled the activated alumina market growth. As regions grapple with excess fluoride in groundwater, which can lead to detrimental health conditions like fluorosis, activated alumina emerges as a saviour, efficiently adsorbing fluoride ions and ensuring potable water quality. Its cost-effectiveness, when compared to other water treatment options, further solidifies its appeal.

Moreover, the global emphasis on air quality and the needs of industries for dry compressed air have made activated alumina indispensable in air drying applications. By effectively adsorbing moisture, activated alumina ensures the prevention of pipe corrosion and inhibits the formation of ice in liquid lines, a trait that's highly sought after in sectors spanning from petrochemicals to food processing.

The oil and gas industry is generating a significant activated alumina market demand, owing to its intricate refining and processing requirements. This sector increasingly turns to activated alumina for the drying of organic liquids such as LPG, propylene, and aromatic solvents. As the sector continues its expansion, the reliance on activated alumina, an agent ensuring the smooth running of processing units, is only projected to escalate.

Beyond these primary sectors, the healthcare industry recognises activated alumina’s potential. Its impeccable adsorptive qualities make it a favoured choice in the chromatography process, essential in biochemistry labs for separating complex mixtures. Additionally, with breakthroughs in medical research, activated alumina’s role in the controlled release of pharmaceutical drugs is gaining traction, adding value to the activated alumina market size.

Environmental concerns and sustainability targets have ushered in a demand for recycled activated alumina. As industries seek to minimise waste and optimise resource use, the recycling and regeneration of used activated alumina have become imperative, thus setting a dual trajectory of fresh demand and recycling processes.

The rising trend of industrialisation, especially in developing regions, coupled with stringent regulations on water quality and air purity, further catalyses the activated alumina market expansion. With industries expanding and urban centres growing, the need for high-quality water and air, along with industrial processes demanding purified organic liquids, the demand for activated alumina is set on an upward spiral.

Market Segmentation

The market can be divided based on application, end use, and region.

Market Breakup by Application

• Catalyst
• Desiccant
• Fluoride Adsorbent
• Bio Ceramics
• Others

Market Breakup by End Use

• Water Treatment
• Oil and Gas
• Plastics
• Healthcare
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global activated alumina market. Some of the major players explored in the report by Expert Market Research are as follows:

• BASF SE
• Honeywell International Inc.
• Dynamic Adsorbents, Inc
• Porocel Corporation
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.