Global Activated Alumina Market 2016-2020
About Activated Alumina
Activated alumina is a highly porous material produced by the dehydroxylation of aluminum hydroxide. The compound has a high surface-to-weight ratio with a surface area between 120 and 250 square meters per gram of the raw material. It does not soften or disintegrate when immersed in liquids. Activated alumina is good packing media and is used as an air and gas desiccant, dryer for distillation plants, and as a catalyst. Activated alumina balls are used for adsorbing water and tertbutyl catechol (TBC) to purify styrene, butadiene, and cyclohexane.
Technavio’s analysts forecast the global activated alumina market to grow at a CAGR of 7.73% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global activated alumina market 2016-2020. To calculate the market size, the report consider the sales volume of activated alumina in oil and gas, petrochemicals, refractories, automotive, and other applications by considering 2015 as the base year.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Activated Alumina Market 2016-2020
Technavio recognizes the following companies as the key players in the global activated alumina market: Almatis, Axens, BASF, UOP, and W.R. Grace.
Other Prominent Vendors in the market are: Huber Materials, Pingxiang Zhongying Packing, Sorbead India, and Shanghai Hengye Chemical Industry Company.
Commenting on the report, an analyst from Technavio’s team said: “Economic and Industrial growth in APAC will be a key trend for market growth. In APAC, the use of activated alumina, especially in emerging economies such as India and China, is increasing. This is attributable to the industrial and economic development in these countries. The increase in demand for activated alumina in various end-user applications and the increase in production capacity in recent years is expected to benefit the global activated alumina market. The rapid growth in the pharmaceutical industry has further increased the demand for activated alumina in the region. Developed countries, such as South Korea and Japan, are expected to account for a constant demand share for activated alumina and activated alumina-based adsorbents that can be used in chemical industry.”
According to the report, use of activated alumina in production of biopharmaceuticals and nutraceuticals will be a key driver for market growth. Nutraceuticals are products mostly derived from food sources, which add additional nutritional value. Biopharmaceuticals are natural bioactive chemical compounds that can be used as pharmaceuticals. Both these products have therapeutic applications; they prevent diseases, promote heath, or have medical properties.
Further, the report states that reduction in adsorption capacity of activated alumina will be a major challenge for the market. There is a gradual reduction in the adsorption capacity during the working life of the alumina. This is due to factors such as chemical contamination and hydrothermal deterioration. Therefore, activated is replaced and regenerated periodically in the commercial units. The regeneration of used alumina can cause changes in the surface area, thereby decreasing its effectiveness. Hydrothermal aging is caused due to the exposure to water at the regeneration temperatures. This results in irreversible changes in alumina structures and collapses pores. Aging mainly depends on the number of regenerations occurred (desorption and adsorption cycles). In normal working condition, aging brings about 50% decrease in the initial properties of alumina in 2-4 years.
Almatis, Axens, BASF, UOP, W.R. Grace, Huber Materials, Pingxiang Zhongying Packing, Sorbead India, Shanghai Hengye Chemical Industry Company.