Wilmington, Delaware, United States, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The value of the global activated alumina market stood at US$ 1.0 Bn in 2021. Global market study on activated alumina predicts the market to rise at a CAGR of 5.2% during the forecast period, from 2022 to 2031. The activated alumina market size is estimated to attain valuation of US$ 1.7 Bn by 2031. Players in the globalactivated alumina market are concentrating on important domains including oil & gas andwater treatment. A large number of end users utilize and valueactivated alumina's attributes, such as absorbance, which make it a useful component for several industries.

Desiccation, food preservatives,catalysis, fluoride adsorption,vacuum systems, removal of fluoride adsorption andtrace metalsduring the de-fluoridation of drinking water are all common and important activated alumina uses. Activated alumina is a common industrial desiccant due to its excellent adsorption properties, which is expected to fuel demand of activated alumina market in the near future. Major marketplayers often opt for partnerships, mergers, andjoint ventures to increase their regional footprint. Additionally, these tactics aid established players in lessening rivalry. In addition to increasing capacity, producers of activated alumina are spending money on research and development to create novel formulations and activated alumina manufacturing process.

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Key Findings of Market Report

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Global Activated Alumina Market: Growth Drivers

Global Activated Alumina Market: Key Players

Some of the key market players are

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Global Activated Alumina Market: Segmentation

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Activated Alumina Market is Estimated to Progress at a CAGR of 5.2% during the Forecast Period, Notes TMR Study - GlobeNewswire