Global Pseudo Boehmite Market Size By Product (Common Pseudoboehmite, Low Sodium Pseudoboehmite, and Macroporous Pseudoboehmite), By Application (Petrochemical, Ceramic & Coating), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Pseudo Boehmite Market size was valued at USD 562 Million in 2023 and is projected to reach USD 766.3 Million by 2030, growing at a CAGR of 3.3% during the forecasted period 2024 to 2030.
The expanding demand for alumina carrier as the major catalyst for hydrogenation refining along with the growing use of catalysts in the chemical and ceramic industry is expected to mainly drive the demand for pseudo boehmite market. The Global Pseudo Boehmite Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Pseudo Boehmite Market Definition
Pseudo-Boehmite, also known as aluminum hydroxide gel or alumina monohydrate, is basically boehmite but in a super-fine crystalline form, with the formula AlO(OH). You might also see it written as Al2O3•H2O (1.22.2). Think of it as a powder – a dry, odorless one, that's totally non-toxic! It boasts high crystal phase purity, which means it's super clean, plus it's excellent at something called peptization (fancy, right?) and sticks really well. It's a whiter powder, exceptionally pure, with no taste or smell. It has lots of tiny spaces (wide pore volume), doesn't clump easily (low pile), plays well with other ingredients (good compatibility), has a large surface area (high specific surface), and turns into a gel brilliantly (outstanding gelation) while being tough to cake. It dissolves easily in both alkali and acid solutions. One cool thing is that if you roast and dehydrate it at a low temperature, it transforms into highly active alumina.
Pseudo-boehmite? Think of it as a super-useful glue for those FCC catalysts and adsorbents you hear about. It's also the base for things like activated alumina and even abrasives! How do they make it? Well, there are a few ways, mainlybreaking down aluminum alkoxide with water, or mixing an acid with an aluminum-containing alkali, or vice versa. Hydrolyzing aluminum alkoxide is the dream, producing a super-pure result. Plus, it’s a great helper in processes like hydroisodewaxing, hydrofining, hydrocracking, and catalytic reforming. But...it's pricey. So, in China, they usually go with reacting NaAlO2 solution with Al2(SO4)3 solution. It's easier on the wallet, but those pesky impurities might affect the final product's quality.
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Global Pseudo Boehmite Market Overview
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The expanding demand for alumina carrier as the major catalyst for hydrogenation refining along with the growing use of catalysts in the chemical and ceramic industry is expected to mainly drive the demand for pseudo boehmite. The product is a chief raw material for the alumina carrier which is used as the catalyst for hydrogenation refining, especially in petroleum refining. Pseudo boehmite is utilized in the manufacturing of catalysts supports, polishes, ceramic coatings, automotive wash coats, abrasives, and binders.
What's really fueling the growth of this market? Well, it's mainly the rising need for catalyst intermediates, polishers, and abrasives. And that's because industries like automotive, chemical, ceramic, and construction are clamoring for them! The petroleum industry is seeing a big boost, too, because it's so crucial to making tons of products in those sectors. Even though it impacts the environment, the demand for petroleum refining is still going strong, with the U.S. and Russia leading the way. Check this outthe U.S. Department of Energy’s 2019 report says global petroleum refining hit 98.7 million barrels per day in 2017, and the U.S. had the biggest chunk, like 19%! So, all this activity in oil refining, plus the growing need for polishers and abrasives, is why we expect the Pseudo Boehmite market to keep growing for a while.
Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Pseudo Boehmite Market” is mainly bifurcated into sub-segments which can provide a classified data regarding the latest trends in the market.
Global Pseudo Boehmite MarketSegmentation Analysis
The Global Pseudo Boehmite Market is segmented on the basis of Product, Application, And Geography.
Pseudo Boehmite Market, By Product
• Common Pseudoboehmite• Low Sodium Pseudoboehmite• Macroporous Pseudoboehmite
Global Pseudo Boehmite Market is segmented into Common Pseudoboehmite, Low Sodium Pseudoboehmite, and Macroporous Pseudoboehmite on the basis of Product. The product segment is expected to grow on account of the expanding use of alumnia carriers in the coming years, attributed primarily to cost-effectiveness, their requirement in large numbers, and ease of use. In addition to this, increasing importance of the characteristics such as thermal exposure, surface area and porosity during the phase-transitions is also one of the major factors likely to fuel the growth of the different product segments in the market globally.
Pseudo Boehmite Market, By Application
• Petrochemical• Ceramic & Coating• Others
Global Pseudo Boehmite Market is segmented into Petrochemical, Ceramic & Coating, and Others on the basis of Application. The Petrochemical segment is expected to grow at the highest growth rate in the coming years, accredited principally to the growing demand for the catalyst supports that are further used in the various industries across the globe.
Pseudo Boehmite Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
Looking at where things are happening around the globe, the Global Pseudo Boehmite Market is divided up into North America, Europe, Asia Pacific, and, well, everywhere else. And guess who's leading the pack? That's right, Asia Pacific! They're the ones raking in the most business, and it looks like that's not going to change anytime soon. Why? Because they've got a ton of companies churning out the stuff at low prices, and their chemical industry is super strong. Within Asia Pacific, China is really calling the shots, being the main supplier of those basic chemical building blocks. These are then used to make alumina carriers and process catalysts – key ingredients that are really boosting the pseudo boehmite market, not just in Asia Pacific, but also in North America!
Key Players
Think of this "Global Pseudo Boehmite Market" report as your inside look at the industry. We're zeroing in on the global market and spotlighting the big names, like Chalco, KNT Group, PIDC, Zibo Honghe Chemical, Zibo Ton Year Chemical, Zibo Yinghe Chemical, Vizag Chemicals, Zibo Xiangrun Environment Engineering, Tianjin Boyuan New Materials, Zibo Jiulong Chemical, Rina Chemicals, Shandong Yun Neng Catalytic Technology, Shandong Xiangsong New Materials. You'll find a whole section dedicated to these key players, where our analysts dig into their financials, benchmark their products, and give you a clear SWOT analysis. Plus, we break down the competitive scene, highlighting their key strategies, market share, and where they rank globally.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2030
BASE YEAR
2023
FORECAST PERIOD
2024-2030
HISTORICAL PERIOD
2020-2022
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Chalco, KNT Group, PIDC, Zibo Honghe Chemical, Zibo Ton Year Chemical, Zibo Yinghe Chemical, Vizag Chemicals, Zibo Xiangrun Environment Engineering, Tianjin Boyuan New Materials, Zibo Jiulong Chemical, & Others.
SEGMENTS COVERED
By Product, By Application, And By Geography.
CUSTOMIZATION SCOPE
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