Activated Alumina has capacity to be utilized as an adsorbent, which drives the target market. Activated alumina is used in the oil and gas sector to remove water from natural gas streams. Natural gas is widely regarded as the most rapidly expanding source of domestic energy generation. The development of new refinery projects is expected to be the primary driver of segment growth. The oil and gas production of China National Offshore Oil Corporation (CNOOC) is predicted to increase by more than 6% per year between 2022 and 2024, playing a crucial role in China's energy supply security. The cumulative output of more than 1 billion cubic metres has demonstrated the capability and dependability of China's self-built systems for deep-sea gas and oil reserve discovery, exploitation, production, and operation.

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