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    Europe Activated Alumina Market Forecast 2027 By Application (Adsorbents, Desiccants, Catalysts), By Sector (Oil & Gas, Water Treatment, Chemical), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: June 2021   |   Report ID: GR1884   |   Delivery: PDF  Request Free Sample

    Europe Activated Alumina Market size surpassed USD 29.95 million in 2020 and is predicted to record around 8.3% CAGR between 2021 and 2027.

    The excellent feature of activated alumina makes it ideal for water purification in municipal water treatment facilities, in industrial applications, and in in-home use to remove fluoride from drinking water followed by the removal of other containments, such as lead and arsenic. Activated alumina is very stable and can adhere to other substances without changing the chemical composition or shape. As it is porous, it has a high surface-area-to-weight ratio, which makes it an excellent adsorbent.

    Europe Activated Alumina Market

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    The ongoing COVID-19 pandemic will create challenges for alumina manufacturers owing to the shutdown of production units across the region over a short period of time. Amid the coronavirus spread, the UK adopted stringent norms including lockdown and social distancing to curb the number of cases. In Europe, the pandemic had a direct impact, reducing natural gas demand by 5-10% compared to the pre-crisis growth forecast. In addition, the demand for refined product is gradually dipping to 20% due to the shutdown of the airlines industry and increasing storage costs. Furthermore, the COVID-19 outbreak has slowed production and mobility in the oil & gas sector, leading to a sharp drop in oil demand.

    Europe Market, By Application

    Europe Activated Alumina Market

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    The catalysts segment in Europe activated alumina market will register a growth rate of 8.5% through 2027. Activated alumina powder is widely used as a catalyst matrix component with varying chemical and physical properties such as porosity, purity, surface area, density, thermal resistance, and acid stability. It is used to recover sulfur in natural gas processing plants and oil refineries. The increasing use of activated alumina in industrial applications will propel product demand.

    Europe Market, By Sector

    Europe Activated Alumina Market

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    The water treatment sector accounted over USD 19 million revenue in 2020. The growing demand for water treatment coupled with an increasing demand for purified drinking water in developing regions will promote the Europe activated alumina market growth. In addition, government regulations, such as the European Municipal Wastewater Treatment Directive, aim to protect the aquatic ecosystem, making them the major driving force in industry.

    With increasing environmental concerns and the depletion of natural resources, the demand for environmental-friendly practices is also propelling. The industry is driven by the growing demand for water treatment, especially in the industrial sector. Due to rapid urbanization and population growth, government initiatives (such as the launch of several water supply and sewage treatment projects) will boost consumer demand. Activated alumina is becoming popular due to its application in the lithium purification process. Furthermore, companies, such as BASF SE, MTE Group, Porocel, And Dynamic Adsorbents Inc., are investing heavily in the discovery and exploration of new crude oil reserves.

    Frequently Asked Question(FAQ) :

    How big is Europe activated alumina market?
    The market size for activated alumina in Europe had exceeded USD 29.95 million in 2020 and will observe a CAGR of around 8.3% through 2027.
    Why is activated alumina observing huge demand?
    Significant application of activated alumina for water purification in municipal water treatment facilities, industrial applications, and in-home use to remove fluoride from drinking water is impelling its demand.
    How much valuation did Europe activated alumina industry register from water treatment in 2020?
    Water treatment segment had recorded a valuation of USD 19 million in 2020 on account of rising product demand for purifying drinking water in the region.
    How will catalysts segment fare across Europe activated alumina sector?
    Catalysts segment will witness a CAGR of 8.5% through 2027 with increasing product demand in natural gas processing plants and oil refineries to recover sulfur.

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