Europe Activated Alumina Market: Industry Analysis and Forecast (2024-2030)

Europe Activated Alumina Market Overview:

Due to the sheer industrialization activities taking place in the region's countries, Europe is known to have a large number of wastewater treatment facilities. Heavy-duty activities in the region result in the collection of large volumes of contaminated water.

 

The excellent properties of activated alumina make it ideal for water purification in municipal water treatment facilities, industrial applications, and in-home use to remove fluoride from drinking water before removing other contaminants such as lead and arsenic. Activated alumina is extremely stable and can bind to other substances without changing its chemical composition or shape. It has a high surface-area-to-weight ratio due to its porous nature, making it an excellent adsorbent.

 

 

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Europe Activated Alumina Market Drivers:

 

• The high adsorption capacity of activated alumina drives its use in liquid and gas dehydration facilities in a variety of end-user industries. The rapid adoption of natural gas as a domestic energy source in emerging economies will increase the demand for activated alumina to dehydrate the natural gas stream, which is expected to boost product demand in the Europe Activated Alumina Market in the forecasted years.
• With increasing environmental concerns and the depletion of natural resources, the demand for environmental-friendly practices is also propelling. The industry is driven by the growing demand for water treatment, especially in the industrial sector. Due to rapid urbanization and population growth, government initiatives (such as the launch of several water supply and sewage treatment projects) will boost consumer demand.
• Moreover, the Activated alumina is becoming popular due to its application in the lithium purification process, which is further estimated to boost the Europe Activated Alumina Market growth.

 

Europe Activated Alumina Market Restrains:

 

• The availability of substitutes for Activated Alumin is estimated to hamper the growth in the Europe region during the forecasted period (2024-2030).
• Additionally, the fluctuating costs of raw materials will suppress market growth.

 

Europe Activated Alumina Market Segment Analysis:

The Activated Alumina Market is segmented by Form, by Application, and by End-Users.

 

By Form, the Europe activated alumina market is segmented into beads and powder.

 

Beads - Bead segment is estimated to grow at higher rate during the forecasted period.

 

Powered - The powdered form of activated alumina is extensively used as a catalyst with different physical and chemical features like purity, surface area, porosity, density and thermal resistance, these factors are estimated to help the powered segment grow at a healthy CAGR in Europe Activated Alumina Market.

 

Based on Application, the Europe Activated Alumina market is segmented into Catalyst, Desiccant, Adsorbent, Bio Ceramics, and Others.

 

Catalysts - The catalysts segment of the European activated alumina market will grow at an 8.5 percent annual rate through 2030. Activated alumina powder has a wide range of chemical and physical properties, including porosity, purity, surface area, density, thermal resistance, and acid stability. It is used in natural gas processing plants and oil refineries to recover sulphur. Product demand will be boosted by the increasing use of activated alumina in industrial applications.

 

Desiccant - Similarly, the desiccants application segment is expected to grow at a 7.9 percent CAGR through 2030, owing to the product's ability to aid in excess water absorption as well as its use in natural gas and compressed air drying. Furthermore, the use of activated alumina as a desiccant aids in the removal of acids from refrigerants, lubricants, and transformer oils.

 

The end-user segment has been divided into healthcare, water treatment, chemical, oil and gas, and others.

 

 

Water Treatment - In 2023, the water treatment sector will generate more than USD 19 million in revenue. Growing demand for water treatment, combined with rising demand for purified drinking water in developing regions, will drive the Europe activated alumina market forward. Furthermore, government regulations like the European Municipal Wastewater Treatment Directive focus on protecting the aquatic ecosystem, making them a major driving force in industry.

 

Oil and Gas - Oil and gas industry share is expected to grow at an 8.6 percent CAGR from 2024 to 2030, owing to extensive product utilisation in eliminating sulphur constituents from gasoline and diesel fuels to address emission rate concerns.

 

Europe Activated Alumina Market Regional Insights:

The UK and Russia are estimated to grow at a higher CAGR during the forecasted period (2024-2030) owing to rising demand for clean water in the European region.

 

The purpose of this report is to provide industry stakeholders with a comprehensive analysis of the Europe Activated Alumina market. The report identifies the dominant trends in the Europe Activated Alumina market and how these trends will impact new business investments and market development during the forecast period. The report also aids in understanding the dynamics and competitive structure of the Europe Activated Alumina Market by analysing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Europe Activated Alumina market report will aid in understanding which market segments, regions, and market factors, as well as key opportunity areas, will drive the industry and market growth over the forecast period. The report also includes the competitive landscape of key industry participants, as well as their recent developments in the Europe Activated Alumina market. The report investigates key players in the Europe Activated Alumina market on factors such as company size, market share, market growth, revenue, production volume, and profits.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Europe Activated Alumina market. The report also analyses if the Europe Activated Alumina market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

 

A PESTEL Analysis is also included in the report to aid in the development of company strategies. How much a government can influence the Europe Activated Alumina market is influenced by political factors. Economic variables help to analyse the economic performance drivers influencing the Europe Activated Alumina market. Legal factors aid in understanding the impact of the surrounding environment and the impact of environmental concerns on the Europe Activated Alumina market.

 

Europe Activated Alumina Market Scope:

European Activated Alumina Market
Market Size in 2023	USD 52.26 Mn.
Market Size in 2030	USD 91.33 Mn.
CAGR0 (2024-2030)	8.3%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Form Beads Powder
	By Application Catalyst Desiccant Adsorbent Bio Ceramics Others
	By End User Healthcare Water treatment Chemical Oil and Gas Others
	By Country Italy France Russia United Kingdom Rest of Europe

 

 

Europe Activated Alumina Market Key Players

• Camfil Group (Sweden)
• Chevron Corporation
• Dynamic Adsorbents Inc. (USA)
• J.M. Huber Corporation (USA)
• ConocoPhillips
• Axens SA (France)
• Porocel International (USA)
• BASF SE (Germany)