Active alumina is widely used in the end-user industries such as oil & gas, plastic industry, and healthcare among others. The global active alumina market is spanned across five regions of the world namely, Europe, North America, Latin America, Asia Pacific and the Middle East & Africa. Among these, Asia Pacific holds a major share of the global market and is projected to continue leading owing to the growing developments and industrialization in the developing countries of the region.
Top Global Key Players and Competition Analysis
Some of the prominent players operating in the global activated alumina market are BASF SE (Germany), Honeywell International Inc (U.S.), Sumitomo Chemical Co (Japan), Porocel Industries LLC (U.S.), Dynamic Adsorbents Inc (U.S.)., Axens SA (U.S.), Shandong Zhongxin New Material Technology Co., Ltd (China), Huber Engineered Materials (U.S.), Jiangxi Sanxin Hi-Tech Ceramics Co., Ltd (China), Sialca Industries (India), and AGC Chemicals Pvt. Ltd (India).
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Segmentation Analysis
The global activated alumina market is segmented into the application and end-user industry. Based on the application, the market is segmented into catalysts, desiccants, fluoride adsorbents, bioceramics, and others. Based on end-use industries, the global activated alumina market can be further bifurcated into oil & gas, water treatment industry, plastic industry, healthcare, and others.
Regional Analysis
The Asia Pacific market is expected show a CAGR of over 5.5% during the forecast years. Moreover, the growing population has augmented the need for clean water, in turn, adding to the demand for activated alumina in the water treatment facilities in the region. Moreover, the growing plastic and oil & gas industries in the key countries of the region such as India and China are also fuelling the market growth.
Market Scope
The global activated alumina market is expected to grow at a CAGR of over 5% during the assessed period. Among the application industry, fluoride absorbent is expected to be the largest segment and is anticipated to grow at the highest CAGR during the assessed period. The growing use of fluoride absorbents in the water treatment facilities is contributing to the growth of the segment.
Browse the market data and information spread across 137 pages with 44 data tables and 11 figures of the report “Activated Alumina Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/activated-alumina-market-5593