North America Activated Alumina Market: Industry Analysis and Forecast (2024-2030) Trends, Segmentation

North America Activated Alumina Market Overview:

The North American activated alumina market is expected to be worth more than USD 60 million by 2027. Water is purified using this product in industrial settings, municipal water treatment plants, and even at home. It is very effective at removing fluoride, lead, arsenic, and other contaminants from drinking water. Furthermore, numerous government regulations, such as the Municipal Wastewater Treatment Directive, are aimed at environmental protection.

 

Rising demand for water treatment, as well as increased demand for purified drinking water, are expected to drive product adoption. Activated alumina is an extremely effective environmental cleanser. Because of its ability to bind with hazardous substances, it ensures that they do not leach back into the environment after disposal. North America activated alumina market share from the water treatment segment earned USD 10 million in 2022.

 

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North America Activated Alumina Market Dynamics:

North America is a major crude oil producer, and output is expected to increase as demand for oil and natural gas rises in various developing countries. The oil and gas sector drives the North America regional activated alumina market outlook due to the product's ability to be used as an adsorbent.

 

Market Drivers:

 

• Activated alumina is an excellent desiccant, capable of drying high-humidity gases such as air. It is used for dehydration and purification in the production of hydrogen peroxide, natural gas, and gasoline. Regional onshore oil production is expected to account for more than half of global output by the end of 2030, facilitating forecasting of the North American activated alumina market.
• Rising hygiene and clean water demand across the region is anticipated drive the market growth for North America activated alumina market players.
• The North American region has a vast network of sewage channels that span multiple countries. It is critical to keep the sewers clean in order for the drainage systems to function smoothly and effectively. Activated alumina will be widely used in North American sewage treatment plants because it is less expensive than other cleaning materials, driving demand during the forecasted period (2024-2030).
• North America has a large number of industries, the demand for proper wastewater treatment methods in these facilities has steadily increased over the years. It has resulted in the establishment of wastewater treatment plants throughout regional manufacturing facilities. These setups are expected to use a lot of activated alumina because industries in North America generate a lot of wastewater during the forecasted period.
• The need to have easier access to potable water has grown among individuals across North America. Governments in the region are bringing in stricter regulations with regards to disposing off industrial wastewater into freshwater bodies.

 

Market Restrains:

 

• The availability of Activated Alumina substitutes is expected to impede growth in the North America region during the forecasted period (2024-2030).
• Furthermore, fluctuating raw material costs in the North American region are expected to limit the growth of the Activated Alumina market.
• The COVID-19 epidemic had a direct impact on North America, reducing natural gas demand by 5% to 10% compared to pre-crisis estimates. In relation to this, demand for refined product is gradually declining by 20% due to the closure of the aviation industry and increased storage costs. Because Activated Alumina is used in the oil and gas industry, its growth in North America may be hampered.

 

North America Activated Alumina Market Segment Analysis:

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

 

Powered - The powdered form of activated alumina is widely used as a catalyst with various physical and chemical properties such as purity, surface area, porosity, density, and thermal resistance; these properties are expected to help the powered segment grow at a healthy CAGR in the North America Activated Alumina Market.

 

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

 

Catalysts - During the forecast period, the catalyst segment will grow at a rate of more than 7.4 percent. The product is widely used as a catalyst matrix component with a wide range of chemical and physical properties such as porosity, purity, surface area, density, thermal resistance, and acid stability. It is used in natural gas processing plants and oil refineries to recover sulphur.

 

Based on end-user,  market is segmented into healthcare, water treatment, chemical, oil and gas, and others.

 

Water Treatment - In the North American market, the water treatment sector generated USD 10 million in revenue in 2023. Growing global demand for water treatment, combined with rising demand for purified drinking water in developing countries, will drive industry growth. Furthermore, government regulations, such as the Municipal Wastewater Treatment Directive, aim to protect the aquatic ecosystem, making them the market's primary driving force.

 

Oil and Gas - The United States is one of the largest crude oil producers, and its output is expected to rise as demand for oil and natural gas rises in various emerging markets.

North America Activated Alumina Market Regional Insights:

 

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

 

The qualitative and quantitative data provided in the North America 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 North America Activated Alumina Market report also includes the competitive landscape of key industry participants, as well as their recent developments in the North America Activated Alumina market. The report investigates key players in the North America Activated Alumina market on factors such as company size, market share, market growth, revenue, production volume, and profits.

 

The North America Activated Alumina Market 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 North America Activated Alumina market. The report also analyses if the North America 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 North America Activated Alumina market is influenced by political factors. Economic variables help to analyse the economic performance drivers influencing the North America Activated Alumina market. Legal factors aid in understanding the impact of the surrounding environment and the impact of environmental concerns on the North America Activated Alumina market.

 

North America Activated Alumina Market Scope:

 

North America Activated Alumina Market
Market Size in 2023	USD  48.61 Mn
Market Size in 2030	USD  78.05 Mn
CAGR (2024-2030)	7 %
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By   Form   Beads Powder
	By   End User   Water treatment Chemical Oil and Gas
Country Scope	United States Canada Mexico

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America Activated Alumina Market Key Players

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