Global Alumina Market Overview:
Alumina is obtained by bauxite which is an ore mined from topsoil in tropical and subtropical regions of the world. For the production of aluminum, the alumina is smelted by the electrolytic process. Alumina is known as aluminum oxide which is widely used as ceramic material in various applications such as tap washers, spark plugs, abrasion-resistant tiles, cutting tools, etc. It is basically a chemical compound consists of aluminum and oxygen molecules, it is a white powder that looks similar to the granular sugar or salt. Some of the players profiled in the study are Alumina Limited (Australia), Alcoa Corporation (United States), BHP Billiton (Australia), Glencore plc (Switzerland), United Company RUSAL (Russia), Norsk Hydro ASA (Norway), Vale S.A. (Brazil), Orbite Technologies Inc. (Canada) and Hindalco Industries Limited (India).
On the basis of geography, the market of Alumina has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Vertical, the sub-segment i.e. Construction will boost the Alumina market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Grade, the sub-segment i.e. Refractory Grade will boost the Alumina market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Need for Alumina in Electrical Components Because of its High Mechanical Strength and Thermal Stability
- Demand for Oxide Ceramic Material in Various Industrial Applications
- Increasing Consumption of Metallurgical Grade Alumina Applications
- Adverse Risk Associated with the Alumina on Environment as it acts like a Toxic Agent
- Surging Demand for Alumina from Construction Industry
- Growing Aluminum Industry with the Increasing Demand for its Products will Boost the Alumina Market
- Regulatory Guidelines and Standards Associated with the Production and Usage of Alumina
Key Market Developments:
On 9th April 2020, Potential high-purity alumina (HPA) producer Orbite Technologies in Canada, has been acquired by AEM Canada Group. The assets AEM Canada is buying from Orbite include its Cap-Chat process plant, its technical development center located in Laval, and its suite of 41 patents associated with the process technology developed for the Cap-Chat plant.
"The European Union, however, has an index of Naturally-Occurring Radioactive Material (NORM) content that is allowable in various building materials; some countries in the EU have used red muds in building materials. Internationally, only about 2-3% of bauxite residuals are reused in a productive way."
Alumina Manufacturers, Alumina International Traders, Alumina Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Alumina market on the basis of product [Metallurgical and Non-metallurgical] , application [Tap Washers, Abrasion Resistant Tiles, Spark Plugs, Cutting Tools and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Alumina market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Alumina industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Alumina market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.