The global activated alumina market is predicted to reach a valuation of US$ 1129.6 Million in 2032 with sales growing at a moderate CAGR of 5.8% over the forecast period of 2022 to 2032. In 2022, the activated alumina market is estimated at a value of US$ 642.8 Million.

Activated alumina’s high porosity leads to a surge in its utilization for filtration and adsorption purposes. As a result, there’s a notable rise in the demand for activated alumina over the projected period. In addition to this, growing water treatment technologies all over the world are also adopting activated alumina. All these factors are likely to boost the market for activated alumina over the forecast period.

Activated alumina is a dry and granular chemical substance produced by de-hydroxylation. It is used to remove hydroxyl group ions from aluminum hydroxide. This usage culminates in positive market prospects for the product.

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Competitive Landscape 

BASF SE, Bee Chems, Garg Chemical Company, Shandong Zhongxin New Material Technology Co., Ltd., Sigma-Aldrich Corporation, Sorbead India, Porocel, AGC Chemicals Pvt. Ltd., and Hengye Group among others are some of the major players in the activated alumina market profiled in the full version of the report.

Major market players are focusing on manufacturing quality products to propel future sales prospects. These organizations are keen on acquiring a major portion of the market share to gain a competitive edge.

More Insights into the Activated Alumina Market Report

In its latest report, FMI offers an unbiased analysis of the global activated alumina market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032.

According to the latest FMI reports, based on region, the activated alumina market in Europe is predicted to account for the largest market share over the forecast period. This growth is primarily driven by the high demand from the oil and gas industry due to the product’s role as an adsorbent. Favorable policies initiated by governments across Europe further supplement the growth.

In North America, the activated alumina market is predicted to present remarkable growth over the projected period. The regional market will register an estimated CAGR of 7% from 2022 to 2032.  Expanding manufacturing sector along with growing water filtration activities push the market to grow in this region.