Activated Alumina Market Analysis:
Activated alumina is manufactured from aluminum hydroxide. The compound is used as an absorbent and a filter to purify fluoride from drinking water. Water molecules are trapped in alumina and can be converted to water when the alumina is heated. This process is called regenerating the desiccant.
Activated alumina is highly porous, which makes it a superior absorbent. The product does not shrink, soften, swell, or dissolve when immersed in water. These characteristics boost the demand for this product across various industries such as water treatment and oil & gas.
COVID-19 impact analysis
Lockdown imposed due to the outbreak of the COVID-19 pandemic has resulted in temporary ban on the import and export, thereby disrupting the supply chain and hampering the activated alumina market growth in the second, third, and fourth quarter of 2020. However, the market is expected to recover in the late year or by the first quarter of 2021, as the production of restarts. Furthermore, travel ban, flight cancellations, and restrictions on outdoor games have led to instability in businesses and massive disruptions in the supply chain and uncertainty about future.
Market scenario analysis
Rise in demand for drinking water, shrinking drinking water reserves, and implementation of new water treatment plants pave way for the growth of activated alumina industry. Activated alumina is used as catalyst, desiccant, bio ceramics, and fluoride absorbent in various industries. The global market growth is driven by increase in demand for alumina in water treatment industries. This is primarily attributed to increase in use of alumina to separate fluoride from drinking water. In addition, increase in human population and rapid economic growth are expected to boost the growth of the alumina market in Asia-Pacific.
Government initiatives for regular water supply and recycling of wastewater are likely to increase the product demand in the upcoming years. Furthermore, the use of activated alumina as a catalyst in various applications such as water treatment, vacuum systems, and biomaterials further drive the global market growth.
Market trends
One of the recent trends in the alumina industry is purification of lithium. Lithium is used in ceramics, batteries, glass, and lubricating greases. It is used to power phones, cameras, and laptops, and is becoming a prime source of energy for electric motor vehicles. Activated alumina bioceramics were introduced as an alternative to surgical tools and use in tooth implant and hip prosthesis due to its anti-corrosive property and hardness.
Regional analysis
Asia-Pacific dominates the activated alumina market, and is expected to grow at the highest CAGR during the forecast period. China is the largest consumer of activated alumina and has exhibited rapid growth. India and other southeast Asian countries are further propelling the demand due to various government initiatives for water treatment.
North America accounted for a substantial market share in 2019, owing to significant demand for drinking water and rise in environmental concerns in the region. Furthermore, Europe is expected to grow at a notable rate during the forecast period, due to upsurge in demand for alumina in the food & beverages industry.
Key benefits of the report
- The report provides clarity on the global activated alumina market with its recent trends and future estimations to determine imminent investment pockets
- The report presents information on key drivers, opportunity along with detailed analysis on global activated alumina market share
- The current market is quantitatively analyzed to highlight the global activated alumina market growth.
- The report provides clarity on market analysis based on competitive strength and how the competition will shape in the coming years.
Questions answered in the global activated alumina market report:
- Which are the leading market players in the global activated alumina market?
- What are the current trends will influence the market in the next few years?
- What are the driving factors and opportunities of the market?
- What are the future projections that would help in taking further strategic steps?
Activated Alumina Market Report Highlights
Aspects | Details |
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By Application |
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By Industry vertical |
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By Region |
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Key Market Players | BASF SE, BeeChems, Shandong Zhong Xin New Material Technology Co., Ltd., Garg Chemical Company, Sorbead India, Sigma-Aldrich Corporation, AGC Chemicals Pvt. Ltd., Hengye Group, Porocel |
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