Activated alumina is aluminum oxide and highly porous constituent that offers great surface area. It is considered as one of the most important elements due to its high porosity, crush resistance, and stable physical and chemical attributes. Activated alumina is widely used in bio ceramics and as a catalyst, fluoride adsorbent, and desiccant in different end use industry verticals including plastics, water treatment, oil & gas, healthcare, and many others.
Activated Alumina to Find Maximum Demand in Water Treatment
Among all the application areas, the water treatment segment accounted for the largest revenue share in 2016 and is likely to continue its dominance over the forecast period i.e., from 2014 to 2025. The growth can be attributed to the rising demand for clean and safe drinking water for household, as well as industrial, use. In addition, supportive policies by various governments across the globe along with technological innovations in water treatment are also expected to have a positive impact on the growth of this segment in the coming years.
For instance, Rice University has recently developed a water filter that can remove more than 90% of bacteria, hydrocarbons, and particulates, produced due to hydraulic fracturing processes, from polluted water. They utilized cysteic acid for modifying the surface of an alumina-based ceramic casing.
The oil & gas and plastics segments also witnessed stable growth in the past, particularly in developing countries such as China, and are projected to grow further during forecast period. The growth of these segments is likely to drive the demand for the product as catalyst, thus driving the overall market growth. Furthermore, the bio ceramics segment is also projected to have lucrative growth on account of increasing scope of application of the product in bio ceramics for bone, as well as dental, replacement operations.
Market Overview
According to a report by Grand View Research, Inc., the worldwide activated alumina market is estimated to reach USD 1.32 billion by 2025. Various technological and product innovations are also said to spur the market growth over the coming years. In addition, rising product demand from several end use industries, especially from the water treatment and healthcare sectors, can also propel the market during the forecast period. Some of the leading companies operating in the market are Honeywell International Inc.; Porocel Industries LLC; Hengye Inc.; Luoyang Xinghua Chemical Co., Ltd.; and Dynamic Adsorbents Inc.
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