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Asia Pacific 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: August 2021 | Publisher: Graphical Research Report ID: GR1933 | Delivery : PDF  Request Free Sample

Asia Pacific Activated Alumina Market size crossed USD 48 million in 2020 and is projected to observe 8.4% growth rate between 2021 and 2027. Growing public health concerns associated with scarcity of fresh water will drive the market demand.

Asia Pacific Activated Alumina Market

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Asia Pacific leads the global activated alumina market owing to rising demand for the product in various end-use industries including oil & gas, water treatment, and chemical. Ongoing widespread programs to remove fluoride and sulfur from drinking water by several emerging countries are proliferating the industry growth across the region. Countries, such as India and China, are investing heavily in water treatment and chemical industries. In addition, excellent qualities, such as high absorption rate, extended thermal stability, and great selectivity, will create ample scope for the product in oil & gas industries. Moreover, many government agencies are initiating numerous public health programs to mitigate water scarcity across the region.

Asia Pacific Market, By Application

Asia Pacific Activated Alumina Market, By Application

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The adsorbent segment will expand at around 9% CAGR during the forecast timeline, attributed to its high porosity and effective surface area Rising production in fertilizer, chemical, pharmaceutical, and metal industries will drive the demand for fluoride removal technologies from water resources. Further, due to excellent adsorption capacity and non-toxicity, the product is ideal for pharmaceutical purification, chemical processes, and clean energy applications.

Asia Pacific Market, By Sector

Asia Pacific Activated Alumina Market, By Sector

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The oil & gas segment revenue will cross USD 26 million by 2027. The product is commonly used as claus catalyst for the purification of gases in the oil & gas industry. Increasing oil & gas production and refining capacity across the region will significantly boost the demand for gaseous and liquid drying. Furthermore, rising unconventional onshore and offshore oil & gas production activities will contribute to the market expansion.

Asia Pacific Market, By Country

China accounted for 50% Asia Pacific activated alumina market share in 2020. Rapidly growing population along with massive infrastructure development has led to improved wastewater management across the country. Moreover, expansion of refinery capacities and installation of new oil & gas projects are the key driving forces of the market share.

Competitive Industry Landscape

Prominent companies operating in the market include BASF SE, Sumitomo Chemicals, Huber Engineered Materials, Porocel Industries LLC, Sorbead India, Camfil, CHALCO Shandong Advanced Material Co. Ltd., Shandong Zhongxing New Material Technology Co. Ltd., and Jiangsu Jingjing New Material Co. Ltd.

 

Frequently Asked Question(FAQ) :

The market size for activated alumina in Asia Pacific surpassed USD 48 million in 2020 and could expand at 8.4% CAGR up to 2027 on the back of rising investments in water treatment and chemical industries.
The adsorbent segment in the APAC industry is likely to grow at 9% CAGR through 2027 with increasing preference for high porosity and effective surface area.
From the oil and gas segment, APAC market share is projected to reach USD 26 million by 2027 due to expanding production and refining capacities.
China captured 50% share of APAC industry in 2020 and will witness a similar trend with investments in wastewater management.
Camfil, Shandong Zhongxing, Sumitomo Chemicals, BASF SE, Porocel Industries LLC, Huber Engineered Materials and Jiangsu Jingjing New Material Co. Ltd. have made the APAC market highly competitive.

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