28th November 2019 – 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.
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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.
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