Global Calcined Alumina Market Is Expected to Reach USD 2.55 Billion by 2025

As per the report published by Fior Markets, the global calcined alumina market is expected to grow from USD 1.82 Billionin 2018 to USD 2.55Billion by 2025 at a CAGR of 4.79% during the forecast period 2019-2025.

Calcined alumina is widely used in the various industries across the globe. Thiscalcined alumina is classified on various factors such as degree of calcination, soda, fineness, and particle size distribution. The demand for calcined alumina is continuously rising with its increasing applications in refractories and ceramics. The rising penetration of high quality steel accounts for the largest market share in the refractories, which is driving the demand for calcined alumina, mainly in the developing economies. In addition to this, growth in the construction sector is also one of the major driving factor for the calcined alumina, as it is the one of the major end use industry of cement,ceramics, glass, and steel, which are the key application areas of calcined alumina.

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Calcined alumina, is a commercial alumina, also referred as aluminum oxide, generally comes in the white powder format. One of the most outstanding characteristic of calcined alumina is its hardness, which is 9 on Mohs scale. There is broad industrial applications of this type of alumina, and thus manufacturers to meet various demands of industry are producing number of distinctive grades. The calcined alumina used as a bedding material in the heat treatment of special alloy steels. It is also used as a fluxing medium, for the meeting demand of special steels as a component of low expansion glass.

Global calcined aluminamarket is expected to witness rapid growth over the forecast period, owing to rising demand for calcined alumina, from various industry verticals. However, high cost and raw material price fluctuation are some of the factors, likely to hinder the market growth over the forecast period.

Key players operating in the global calcined alumina market includes Almatis Inc., ALTEO Sumitomo Chemical Co, Ltd, SHOWA DENKO K. K., CHALCO, HINDALCO, Jingang New Material Co., Ltd., NALCO, Nabaltec AG, Nippon Light Metal Co., Ltd., MOTIM Electrocorondum Ltd., J.M. Huber Corporation, SILKEM d.o.o, and PT Indonesia Chemical Aluminaamong others. To enhance their market position in the global calcined alumina market, the key players are now focusing on adopting the strategies such as product innovations, mergers & acquisitions, joint venture, recent developments, collaborations, and partnership.

For instance, in July 2018, Almatis Inc. announced to set the new tabular alumina plant in West Bengal, India, to fuel the company's growth plan across the Asia Pacific region.
For instance, in November 2016, P.T. Indonesia Chemical Alumina (ICA), a joint corporation owned by PT ANTAM (Persero) Tbk (ANTAM) andShowa Denko K.K. (SDK) of Indonesia, has started commercial operation of its new chemical alumina plant established in the Tayan District, West Kalimantan, Indonesia.
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Standard calcined alumina held the largest market share 39.47% in 2018

Type segment classified into standard calcined alumina, tabular calcined alumina, white fused alumina, medium soda calcined alumina, and others. Standard calcined alumina held the largest market share 39.47% in 2018. Standard calcined alumina can be substitute for the silica filler in porcelain bodies. It reduces shrinkage, increase thixotropic, and provides strength in the kiln minimizing wrapping benefits glaze fits and add fired strength. Calcined alumina can be generally used in the manufacturing of high-grade ceramics shape, fused alumina abrasives and refractories.

The ceramics segment held the largest market share and valued 665.2 million in 2018

Application segment classified into refractory materials, ceramics, abrasives & polishing, catalyst, and others. The ceramics segment held the largest market share and valued 665.2 million in 2018.Ceramics material are non-metallic, inorganic materials bonded with metallic or non-metallic elements primarily with covalent/ionic bond. Ceramic material are brittle, hard, strong in compression, and weak in stress and tension. They have high resistant to the chemical erosion, when subjected to caustic or acidic environment. Ceramics cam also withstand with high temperature sranging from 1000 to 1600 degree Celsius. Various ceramics are used in day-to-day life, from bricks used in the construction to heat resistant micro parts used in the space shuttles. Ceramics is classified into various categories including traditional ceramics industrial ceramics, technical ceramics and advanced ceramics. Growth in the construction sector across the globe, results into increasing demand for ceramics, which is boosting the growth of market over the forecast period.

RegionalSegment Analysis of the Calcined Alumina Market

North America (U.S. , Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of the Europe)
Asia-Pacific (China, Japan India, Rest of APAC)
South America (Brazil and Rest of South America)
Middle East and Africa (UAE, South Africa, Rest of MEA)
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Asia Pacific held the largest market share of 41.85% in 2018. The growth is mainly attributed by the presence of several calcined alumina manufacturers in the region. In addition to this, the developing economies such as India and China have highest growth in the sectors such as construction and steel manufacturing, which is further boosting the growth of market in the Asia Pacific region. These countries is expected to offer immense opportunities for the calcined alumina market as there is a high quality steel require for the efficient and effective refractories offering high performance thereby consuming more quantities of calcined alumina in these countries.

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About the report:

The global calcined alumina market is analysed on the basis of value (USD Billion), volume (K Tons), Consumption (K Tons), Export (K Tons), and import (K Tons).All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter's five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.

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