Meticulous Research®– a leading global market research company published a research report titled “Activated Alumina Market by Function (Adsorption, Catalysis, Desiccation), Form (Beads, Powder), and Application (Water Treatment, Oil & Gas, Chemicals, Healthcare) - Forecast to 2028.”
According to this latest publication from Meticulous Research®, the activated alumina market is expected to grow at a CAGR of 6.6% from 2021 to 2028 to reach $1.4 billion by 2028. Growing demand for decontaminated water, increasing pharmaceutical production and R&D investments, and the benefits associated with the use of activated alumina have been considered to have a positive impact on the activated alumina market. However, reliance on old water filtration techniques is expected to pose a challenge for the growth of the market.
The global activated alumina market study presents historical market data in terms of values (2019 and 2020), estimated current data (2021), and forecasts it for 2028–by function (adsorption, catalysis, desiccation, and other functions), form (beads and powder), and application (water treatment, oil & gas, chemicals, healthcare, and other applications), and geography. The study also evaluates industry competitors and analyzes their market share at global and regional levels.
Based on function, the adsorption segment is estimated to account for the largest share of the activated alumina market in 2021. The large share of this segment is mainly attributed to excessive fluoride content in groundwater resulting in the high prevalence of fluoride-related disorders. Fluorosis is endemic in at least 25 countries located on natural fluoride belts, including Syria, Jordan, Egypt, Libya, Algeria, Sudan, Kenya, Turkey, Iraq, Iran, Afghanistan, Thailand, China, the Americas, and Japan. Globally, more than 200 million people drink fluoridated water, and over 70 million fluoride-related disorders are reported each year. Developing countries such as India have reported that around 11.7 million people consume high-fluoride drinking water. Activated alumina has emerged as an effective solution to these problems due to its strong adsorption capability.
Based on form, the beads segment is estimated to account for the largest share of the activated alumina market in 2021. The large share of this segment is mainly attributed to the high demand for alumina beads (for water treatment) among developing countries. Activated alumina is widely used as a cost-effective adsorbent in water filtration applications for removing contaminants such as fluoride, arsenic, lead, and sulfur from water. The demand for water treatment is continuously increasing due to drinking water shortages and the growing need for water for industrial processes.
Based on application, the water treatment segment is estimated to account for the largest share of the activated alumina market in 2021. The large share of this segment is mainly attributed to stringent regulatory and sustainability mandates and a high focus on providing potable water to large populations in developing countries. Water contamination is a common problem globally, primarily due to geological and anthropogenic reasons. The use of contaminated water for drinking, cooking, irrigation, and other household purpose poses the greatest threat to public health.
This research report analyzes major geographies and provides comprehensive analysis for North America (U.S., Canada), Asia-Pacific (China, Japan, India, Australia, and RoAPAC), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Latin America, and the Middle East & Africa.
Key companies operating in the global activated alumina market are BASF SE (Germany), Sumitomo Chemical Co., Ltd. (Japan), Honeywell International, Inc. (U.S.), J.M. Huber Corporation (U.S.), Porocel Corporation (U.S.), AGC Chemicals Pvt. Ltd. (India), Axens SA (France), Dynamic Adsorbents, Inc. (U.S.), Sorbead India (India), and Camfil Group (Sweden).
Download Research Report Sample https://www.meticulousresearch.com/download-sample-report/cp_id=5209
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research