Press release
Alumina Market to Witness the Highest Growth Globally in Coming Years
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The rising demand for high-specialty alumina in refractories is another factor which is contributing to the growth of the alumina market. Rapid industrialization, because of economic growth in developed and developing countries, is resulting in the growth of the construction sector and rising consumption of steel in various end-use industries. In countries including the U.S., India, the U.K., China, and Russia, the demand for alumina at the rudimentary refractory level is rising because of high-volume production and adoption of steel. In addition, specialty alumina is used for improving the quality of steel produced.
Among all the regions, the Asia-Pacific region accounted for the major share of the alumina market during the historical period, both in terms of value and volume, and is further projected to dominate the market during the forecast period as well. This is because, the region has high capacity of bauxite mining, aluminum production, refining and processing, and compounding chemical-grade alumina into final products. In addition to this, the high-volume demand for metallurgical and chemical-grade alumina is also driving the regional market.
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Market Segmentation by Type
Metallurgical
Tabular
Calcined
Low-soda alumina
Medium-soda alumina
Normal-soda alumina
Reactive
Fused
Market Segmentation by Application
Metallurgy
Refractories
Calcined
Reactive
Fused
Ceramics
Abrasives
Market Segmentation by Region
North America Alumina Market
By type
By application
By country - U.S. and Canada
Europe Alumina Market
By type
By application
By country - Russia, Germany, France, Norway, and Rest of Europe
Asia-Pacific (APAC) Alumina Market
By type
By application
By country - China, Australia, India, Malaysia, and Rest of APAC
Latin America (LATAM) Alumina Market
By type
By application
By country - Brazil, Argentina, and Rest of LATAM
Middle East and Africa (MEA) Alumina Market
By type
By application
By country - U.A.E, Bahrain, Saudi Arabia, Qatar, South Africa, and Rest of MEA
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P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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