Report Code: A07287 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Activated Alumina Market
Request Now !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.Â
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.Â
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.
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.Â
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.Â
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.Â
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.Â
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Activated Alumina Market: Global opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | BeeChems, Sigma-Aldrich Corporation, Sorbead India, BASF SE, Garg Chemical Company, Hengye Group, Shandong Zhong Xin New Material Technology Co., Ltd., AGC Chemicals Pvt. Ltd., Porocel |
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