What is Activated Alumina Spheres?
Activated alumina sphere is aluminium oxide in the form of very porous spheres which are literally tunnelled at the microscopic level. It is used for a wide range of adsorbent and catalyst applications including the adsorption of catalysts in polyethylene production, in hydrogen peroxide production, as a selective adsorbent for many chemicals including arsenic, fluoride, in sulphur removal from fluid streams. Activated alumina has very stable chemical and physical attributes such as high crush resistance, and high porosity.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | BASF SE (Germany), Axens (France), Honeywell International Inc (United States), Dynamic Adsorbents Inc (United States), Huber Engineered Materials (United States), Sialca Industries (India), CHALCO (China), Porocel Industries (United States), Sumimoto (Japan), Jiangsu Jingjing New Material (China), Jiangsu Sanji (China) and Sorbead India (India) |
CAGR | 4.8% |
The Global Activated Alumina Spheres market is expected to see growth rate of 4.8% and may see market size of USD810.2 Million by 2028.The Market is currently pegged at USD671.3 Million. The study covers a detailed analysis segmented by key business segments i.e. , by application (Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics and Others) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Activated Alumina Spheres market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Activated Alumina Spheres market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are BASF SE (Germany), Axens (France), Honeywell International Inc (United States), Dynamic Adsorbents Inc (United States), Huber Engineered Materials (United States), Sialca Industries (India), CHALCO (China), Porocel Industries (United States), Sumimoto (Japan), Jiangsu Jingjing New Material (China), Jiangsu Sanji (China) and Sorbead India (India).
Market Overview:
In August 2020, Axens acquisition of the activated alumina business from Rio Tinto Alcan, a Canadian manufacturer. This acquisition allowed Axens to strengthen its position in the adsorbents market and expand its product portfolio. The activated alumina business includes the production and commercialization of activated alumina used in various applications such as gas and liquid drying, purification, and catalyst support. This strategic move by Axens aimed to enhance its capabilities and offerings in the industry.
In compliance with EC regulation No. 1272/2008 and its amendments. and This mixture does not present a physical hazard. In compliance with EC regulation No. 1272/2008 and its amendments. No labelling requirements for this mixture. In compliance with directives 67/548/EEC, 1999/45/EC and their amendments, this mixture does not present a health hazard with the exception of possible occupational exposure thresholds. This mixture does not present an environmental hazard. No known or foreseeable environmental damage under standard conditions of use.
Market players are focusing on providing activated alumina spheres with higher quality along with complying all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer qualified activated alumina spheres. The market is fragmented owing to the presence of several international and domestic providers. The high focus on the offering cost effective product offerings. Besides, the numerous industry profitability has led the entry of new players, in turn, increasing the level of rivalry in the already competitive market.
Influencing Trend:
Growing Water Treatment Industry
Market Growth Drivers:
Increased Usage of Activated Alumina for Water Purification and Usage of Activated Alumina for Dye Removal
Challenges:
Single Usage is Hampering the Market Growth
Restraints:
High Preference to Substitute Products
Opportunities:
Increased Usage of Activated Alumina as Catalysts and in Various Applications and Government Regulations for Fluoride, Sodium Fluoride, Hydrogen Fluoride, and Fluorine Contamination in Water
Key highlights of the Global Activated Alumina Spheres market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Activated Alumina Spheres market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Activated Alumina Spheres market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Activated Alumina Spheres Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Activated Alumina Spheres market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Activated Alumina Spheres market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers, Raw material suppliers, Government associations, Research organizations, Industry associations, Potential investors and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.