Activated Alumina Market Size, Share, Growth Analysis, By Function(Adsorption, Catalysis and Desiccation), By Form(Beads and Powder), By Application(Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics), By End User(Water Treatment, Oil and Gas, Plastics, Healthcare), By Region - Industry Forecast 2024-2031

Global Activated Alumina Market size was valued at around USD 173.14 million in 2022 and is poised to grow from USD 183.18 million in 2023 to USD 287.59 million by 2031, at a CAGR of 5.8% over the forecast period (2024–2031).

The market is primarily driven by factors such as the increase in demand for clean water, the loss of water resources, and the construction of new water treatment facilities. It is used in so many various applications, including such bio ceramics, desiccant, fluoride adsorbent, and catalyst. It can collect dangerous contaminants in wastewater and aquifers. The removal and adsorption of PCB, lead, fluoride, copper, arsenic, and other heavy metals from water are just a few of the processes that use it. Surface and groundwater could become contaminated by PCBs in the aftermath of a spill.

The market growth in Asia Pacific is expected to be driven by rising population rates and strong economic expansion. Over the projection period, the demand for the product is likely to be driven by government initiatives, such as the beginning of various projects for the regular delivery and treatment of water. Lithium purification utilizing products are becoming increasingly popular. Batteries, lubricating greases, air treatment applications, ceramics, glass, and batteries all use lithium.

It is a popular source of energy for computers, digital cameras, cell phones, and other digital equipment. Electric and hybrid vehicles are also widely driven by it. The product uses the costly (both economically and operationally) adsorption technique to remove impurities. Due to this, despite their effectiveness and efficiency, end customers have switched to their substitutes. For the upcoming years, it will probably slow market growth.

US Activated Alumina Market is poised to grow at a sustainable CAGR for the next forecast year.