Activated Alumina Industry Trends and Opportunity


Posted November 11, 2019 by Smith_alberto1

The global activated alumina market size was valued at USD 909.2 million in 2018 and is estimated to witness a CAGR of 5.4% from 2019 to 2025.

 
The Global Activated Alumina Market size is anticipated to reach USD 1.32 billion by 2025 registering a CAGR of 5.4%, according to a new report by Grand View Research, Inc. Rising demand for the product across various end-use industries, such as water treatment, oil & gas, plastics and healthcare is anticipated to drive the market. Activated alumina is an inorganic substance that is produced by the dehydration of aluminum hydroxide at high temperature.

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It is highly porous and exhibits tremendous surface area, which results in superior adsorbent capabilities. In addition, the product is resistant to thermal shock and abrasion and does not shrink, soften, swell, or disintegrate when immersed in water. Shrinking freshwater reserves coupled with rising demand for water supply is expected to drive the water treatment sector over the coming years. Various government agencies are looking for effective ways to meet the cumulative need for regular water supply. The drive to create a sustainable water treatment environment is expected to positively influence the product demand over the forecast period.
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Tags activated alumina , activated alumina industry , activated alumina market
Last Updated November 11, 2019