The Collaborative International Dictionary of English v.0.48:

granulate \gran"u*late\ (gr[a^]n"[-u]*l[=a]t), v. t. [imp. & p.
   p. Granulated (gr[a^]n"[-u]*l[=a]`t[e^]d); p. pr. & vb. n.
   Granulating (gr[a^]n"[-u]*l[=a]`t[i^]ng).] [See Granule.]
   1. To form into grains or small masses; as, to granulate
      powder, sugar, or metal.
      [1913 Webster]

   2. To raise in granules or small asperities; to make rough on
      the surface.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Granulate \Gran"u*late\, Granulated \Gran"u*la`ted\, a.
   1. Consisting of, or resembling, grains; crystallized in
      grains; granular; as, granulated sugar.
      [1913 Webster]

   2. Having numerous small elevations, as shagreen.
      [1913 Webster]

   Granulated steel, a variety of steel made by a particular
      process beginning with the granulation of pig iron.
      [1913 Webster]

WordNet (r) 3.0 (2006):

granulated
    adj 1: made grainy or formed into granules; "granulated sugar"

Moby Thesaurus II by Grady Ward, 1.0:

81 Moby Thesaurus words for "granulated":
   arenaceous, arenarious, backed, breccial, brecciated, broken,
   bumpy, calcified, callous, calloused, case-hardened, choppy,
   coarse, coarse-grained, corrugated, cross-grained, crusted, crusty,
   crystallized, fossilized, grained, grainy, granular, granulate,
   gravelly, gritty, gross, hardened, homespun, hornified,
   horripilant, incrusted, indurate, indurated, inequal, irregular,
   jolty, lapidified, linsey-woolsey, ossified, pebbled, pebbly,
   petrified, pimply, pitted, pocky, potholed, rank, reinforced,
   rigidified, ripply, rough, rough-cast, rough-grained, rough-hewn,
   ruffled, rutted, rutty, sabulous, sandy, sclerotic, set, shagged,
   shaggy, shingled, shingly, solidified, steeled, stiffened,
   strengthened, textured, toughened, uneven, unkempt, unlevel,
   unpolished, unrefined, unsmooth, ununiform, vitrified, wimpled