North American Activated Alumina Market size is expected to reach USD 60 million by 2027, according to a latest forecast report by Graphical Research. The rising demand for clean water along with the growing environmental concerns is anticipated to fuel the market growth.
North America will experience unconventional onshore oil production, which is expected to account for over 50% of the world production by the end of 2030. In 2019, according to the Environment Impact Assessment (EIA), crude oil barrels from compact oil reserves (shale) accounted for over 60% of the total U.S. oil production. Shale oil & gas production can also store crude oil, further stabilizing the crude oil prices at a significant level. These trends are expected to lead to increased opportunities for unconventional onshore and offshore oil & gas production, increasing the market expansion during the projected timeframe.
Based on application, the adsorbents in North America activated alumina market will exceed 10 kilo tones by 2027. The product is an efficient adsorbent used in liquid and gaseous applications. The product is used as an adsorbent in various industries, mainly for component separation. Activated alumina is widely used as an adsorbent in water filtration. The product can be used as an economical adsorbent to remove fluoride from water. In terms of water treatment, it is also used to remove other pollutants, such as arsenic, lead, and sulfur, propelling the growth of adsorbents in this segment.
Browse detailed statistical insights from the report, “North America Activated Alumina Market Forecast 2027 By Sector (Oil & Gas, Water Treatment, Chemical), By Application (Adsorbents, Desiccants, Catalysts), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The desiccant segment will witness steady growth over the forecast timeframe. Activated alumina desiccant is a smooth sphere extracted from aluminum oxide. It preferentially adsorbs highly polar molecules. The product is all-purpose desiccant and can be used in a variety of applications. Some of the major application of alumina desiccant includes compressed air drying, natural gas drying and used for acid removal from transformer oils, lubricating oils, and refrigerants. This trend will propel the growth of activated alumina within this segment.
In the oil & gas segment will grow at a CAGR of 7.5% during the projected timeframe. In the oil & gas industry, the product is used for natural gas desulfurization. The removal of sulfur compounds from gasoline and diesel fuel can improve emission control. An increase in fossil fuel consumption had a positive impact on refineries, proliferating the demand for activate alumina in this segment.
The North American activated alumina market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
North America Market, By Application
North America Market, By Sector
- Oil & gas
- Water treatment
The above information has been provided for the following countries: