Rise in demand for drinking water, shrinking drinking water reserves, and implementation of new water treatment plants pave way for the growth of activated alumina industry. Activated alumina is used as catalyst, desiccant, bio ceramics, and fluoride absorbent in various industries. The global market growth is driven by increase in demand for alumina in water treatment industries.
Asia-Pacific dominates the activated alumina market, and is expected to grow at the highest CAGR during the forecast period. China is the largest consumer of activated alumina and has exhibited rapid growth. India and other southeast Asian countries are further propelling the demand due to various government initiatives for water treatment.
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COVID-19 impact analysis
The outbreak of the COVID-19 pandemic left a significant impact on the global economy. The activated alumina market report provides a detailed study of the micro- and macro-economic impacts of the pandemic. Moreover, the analysis depicts the direct impact of COVID-19 on the activated alumina market. It recapitulates the detailed information about the market extent and shares owing to the impact of the outbreak. The report also emphasizes on the supply chain and the sales of the activated alumina market. Last but not the least; the study also exhibits a post-COVID-19 scenario, portraying different measures and initiatives taken by the government bodies across the world.
Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
The report presents in-depth insights into each of the leading activated alumina end user verticals along with annual forecasts to 2027. The report provides revenue forecast with sales, and sales growth rate of the global activated alumina market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
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The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Top 10 leading companies in the global activated alumina market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and activated alumina products and services. The key players operating in the global activated alumina industry include BASF SE, BeeChems, Sigma-Aldrich Corporation, Porocel, New Material Technology Co., Ltd.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Highlights of the Report:
- Competitive landscape of the activated alumina market.
- Revenue generated by each segment of the activated alumina market by 2027.
- Factors expected to drive and create new opportunities in the activated alumina industry.
- Strategies to gain sustainable growth of the market.
- Region that would create lucrative business opportunities during the forecast period.
- Top impacting factors of the activated alumina market.
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