Global Activated Alumina Spheres Market Size to Reach USD 975.38 Million By 2030
Category : Materials And Chemicals | Published Date : Jul 2024
Alumina Spheres Market Scope & Overview :
The activated alumina spheres are composed of aluminum hydroxide, which is then dehydroxylated to create a highly absorbent material with superior adsorption capacity, excellent crushing strength, low attrition loss, low bulk density, longer service life, and dust-free. They are used in various applications like desiccants, catalysts, bioceramics, and fluoride adsorbents.
Consegic Business Intelligence analyzes that the Global Alumina Spheres Market size was valued at USD 708.45 Million in 2022 and is expected to register a CAGR of 4.1% to reach USD 975.38 Million by 2030.
This report comprises Activated Alumina Spheres Market Share, Size & Industry Analysis, By Application (Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics, and Others), By End-user (Oil and Gas, Water Treatment, Chemical, Food & Beverage, and Others), By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa), and Forecast, 2023-2030.
This report contains detailed information on Activated Alumina Spheres Market Opportunities, Trends, Value, Growth Rate, Segmentation, Geographical Coverage, Company Profile, In-depth Expert Analysis, Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, and Cost Analysis.
As per the report analysis, activated alumina spheres are widely used in the oil and gas industry for drying air, gases, and liquids. They are also utilized in water treatment and are in demand due to the development of new food and beverage manufacturing facilities.
Segmental Analysis :
The Activated Alumina Spheres Market is segmented based on application, end-use industry, and region.
Based on the application, the market is segregated into Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics, and Others.
- The catalyst segment accounted for the highest market share of 28.15% in 2022 and is expected to be the fastest-growing segment. Alumina spheres are efficient for adsorption and have a large surface area, making them ideal for catalyzing chemical reactions in the industry.
Based on the end-use industry, the market is segmented into Oil and Gas, Water Treatment, Chemical, Food & Beverage, and Others.
- In 2022, the oil and gas segment dominated the market, being widely used for desiccation in the oil & gas industry due to their excellent catalytic properties and high-temperature resistance.
- The water treatment segment is expected to be the fastest-growing segment during the forecast period. Alumina spheres remove contaminants like fluorides and heavy metals from water, making it safe for drinking.
By region, the market is segregated into regions including North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
- In 2022, North America accounted for 36.55% of market revenue, valued at USD 258.94 million. It is expected to reach USD 358.45 million in 2030. The U.S. held the highest market share in North America at 65.30% in 2022 due to advancements in food & beverage, oil & gas, and other industries.
- Asia Pacific is expected to experience significant growth, with a 4.9% CAGR from 2023 to 2030 due to the increasing use of these spheres in desiccants, catalysts, bioceramics, fluoride adsorbents, and others.
| Report Attributes | Report Details |
| By Application | Catalyst, Desiccant, Fluoride Adsorbent, Bio Ceramics, and Others |
| By End-Use Industry | Oil and Gas, Water Treatment, Chemical, Food & Beverage, and Others |
| By Region | North America(U.S., Canada, Mexico) Europe(U.K., Germany, France, Spain, Italy, Russia, Benelux, Rest of Europe) APAC(China, South Korea, Japan, India, Australia, ASEAN, Rest of Asia-Pacific) Middle East & Africa(GCC, Turkey, South Africa, Rest of MEA) LATAM(Brazil, Argentina, Chile, Rest of LATAM) |
Top Key Players & Competitive Landscape :
The competitive landscape encompasses major innovators, aftermarket service providers, industry giants, and niche players, all of which are thoroughly examined by Consegic Business Intelligence in terms of their strengths, weaknesses, and value-addition potential. This report includes detailed profiles of key players, market share analysis, mergers and acquisitions, resulting market fragmentation, and emerging partnership trends and dynamics.
List of prominent players in the Activated Alumina Spheres Industry :
- ВАЅF ЅЕ
- DYNAMIC ADSORBENTS, INC.
- Sorbead India
- Huber Corporation
- Sumitomo Chemical Co., Ltd.
- Axens
- Patalia Chem Industries.
- ACURO ORGANICS LIMITED
- AGC CHEMICALS PVT. LTD.
- Nitrotech Engineers
Recent Industry Developments :
- In November 2020, Evonik acquired Porocel Group to expand its global activated alumina products business.