According to FutureWise analysis the market for activated alumina in 2023 is US$ 0.95 billion, and is expected to reach US$ 1.42 billion by 2031 at a CAGR of 5.1%.
Activated alumina is commonly known as alumina or Al2O3. It is a porous, solid form of aluminum oxide used for adsorption and catalyst applications, including the adsorption of catalysts in hydrogen peroxide production procedure. As a selective adsorbent for numerous chemicals, including arsenic and fluoride, in sulfur removal from fluid streams, polyethylene production is known as the claus catalyst process. Activated alumina has resistive properties to thermal shock and will not shrink, swell, soften, or disintegrate when immersed in water. It is widely used as an abrasive material in industries owing to its superior hardness and strength. Similarly, it can be used as a coating to protect against abrasion.
Its enormous properties, chemically inert to most gases and vapors, being nontoxic and disintegrating or swelling up when immersed in water, and high resistance to abrasions and shocks, account for its high demand in the market. Its incorporation in the purification and treatment of water in the water treatment industry has been a boon to the market growth of activated alumina. Numerous properties of alumina withhold a more significant opportunity for new applications, thus propelling alumina demand in the market.
FutureWise Market Research has published a report that provides an insightful analysis of Activated alumina market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. By the end of the forecast period FutureWise research analysts projects that Activated alumina market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.