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Global Reactive Alumina Market Growth 2019-2024

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tanay tiwari
Global Reactive Alumina Market Growth 2019-2024

Reactive Alumina -MARKET ADVISORY SERVICES

Reactive Alumina is a form of aluminum oxide that is very porous and bonds with certain liquids and gases without its chemical or physical form changing.

It is commonly used as a desiccant, for water treatment, and as a catalyst in natural gas and refining operations.

North America Reactive Alumina market size was valued at USD 336.4 million in 2018, followed by Asia-Pacific and Europe.

This growth can be primarily attributed to the growing demand for clean water sources, for catering to the needs of the rapidly growing population as well as industrial sectors in the region.

According to this study, over the next five years the Reactive Alumina market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 940 million by 2024, from US$ 720 million in 2019.

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