Press release
Specialty Alumina Market on Track for Strong Growth, Estimated to Grow at 4.6% CAGR Through 2029
Specialty Alumina
What Is the Expected CAGR for the Specialty Alumina Market Through 2025?
In recent years, steady growth has been witnessed in the specialty alumina market size. It is projected to rise from $2.83 billion in 2024 to $2.92 billion in 2025, showing a compound annual growth rate (CAGR) of 3.2%. The historic period's growth can be linked to the rising demand in the refractories industry, the expansion of the electronics and semiconductors sector, the augmentation in the use in ceramics production, enhancements in the production of catalysts, and advancements in surface treatment applications.
What's the Projected Size of the Global Specialty Alumina Market by 2029?
In the coming years, the specialty alumina market size is projected to experience continuous growth, reaching $3.5 billion in 2029 with a 4.6% compound annual growth rate (CAGR). This anticipated growth during the forecast period could be due to various factors such as the escalating demand for electric vehicles (EVs), the burgeoning need for advanced ceramics, the growing renewable energy sector, the increased application in biomedical sectors, infrastructure development projects, and an uptick in demand for sapphire substrates. Noteworthy trends throughout this forecast period may include an emphasis on value-added products, innovative product development, rigid quality standards, and substantial investment in research and development.
View the full report here:
https://www.thebusinessresearchcompany.com/report/specialty-alumina-global-market-report
Top Growth Drivers in the Specialty Alumina Industry: What's Accelerating the Market?
The expansion of the aerospace and defense industry is set to significantly bolster the specialty alumina market. Essentially, this industry involves the creation, manufacture, and upkeep of systems within the aerospace field. These include an array of entities such as aircraft, spacecraft, rockets, missiles, and their associated components. Additionally, defense systems and equipment are also encompassed within this sector. Specialty alumina, due to its impressive strength, lightweight characteristics, and superior heat resistance, is utilized in the creation of numerous components within this industry. These can range from turbine blades and engine components to bearings, seals, and even structural parts. For example, Airspace Industries Association (AIA), an American trade organization, revealed that in 2023, the aerospace and defense industry accounted for a substantial $952 billion in conglomerate sales for 2022. This was a noted increase of 6.7 percent from the previous year. Furthermore, exportation within this industry also saw a rise of 4.4 percent, totaling $104.8 billion. Consequently, it can be inferred that the ever-growing aerospace and defense industry will duly augment the specialty alumina market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11915&type=smp
What Trends Will Shape the Specialty Alumina Market Through 2029 and Beyond?
Focusing on product innovation is a prevalent trend among key players in the specialty alumina market. This is targeted towards maintaining their market relevancy and competitive edge. For instance, Carborundum Universal Limited, an engineering firm based in India, showcased this trend in March 2023 when it introduced CUMI Monk. This product was developed using an innovative fusion methodology that used specialty alumina alongside unique additives. The CUMI Monk Monocrystalline Alumina, a singular alpha-phase alumina crystal with minimal grain boundaries, facilitates rough surfaces for enhanced bonding, and sharper cutting actions compared to traditional alumina grains.
What Are the Main Segments in the Specialty Alumina Market?
The specialty alumina market covered in this report is segmented -
1) By Type: Standard Calcined Alumina, Tabular Alumina, White Fused Alumina, Medium Soda Calcined Alumina, Low Soda Alumina, Other Types
2) By Application: Refractory Materials, Ceramics, Abrasives And Polishing, Catalyst, Other Applications
3) By End-User Industry: Automotive, Aerospace, Chemicals, Industrial
Subsegments:
1) By Standard Calcined Alumina: Alpha Alumina, Beta Alumina
2) By Tabular Alumina: High Purity Tabular, Alumina, Low Purity Tabular Alumina
3) By White Fused Alumina: White Fused Alumina For Abrasives, White Fused Alumina For Refractories
4) By Medium Soda Calcined Alumina: Calcined Alumina With Medium Soda Content
5) By Low Soda Alumina: Low Soda Calcined Alumina For Refractories, Low Soda Calcined Alumina For Ceramics
6) By Other Types: Reactive Alumina, Coated Alumina, Specialty Aluminas For Specific Applications
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=11915&type=smp
Which Top Companies are Driving Growth in the Specialty Alumina Market?
Major companies operating in the specialty alumina market include Rio Tinto Group, Aluminum Corporation of China Limited, Hindalco Industries Limited, Norsk Hydro, Sumitomo Chemical Co Ltd., Hongqiao, Rusal, Alcoa Corporation, Showa Denko, South 32, Emirates Global Aluminum, Nippon Light Metal Holdings Company Ltd., JM Huber Corporation, National Aluminum Company Limited, BASF SE, Almatis GmbH, ALTEO, Nabaltec AG, PT Indonesia Chemical Alumina, AluChem, Silkem doo, MOTIM Electrocorundum Ltd., Xinfa Group, Gujarat Credo Alumina Chemicals Pvt. Ltd., Hangzhou Jinjiang Group
Which Regions Will Dominate the Specialty Alumina Market Through 2029?
Asia-Pacific was the largest region in the specialty alumina market in 2024. The regions covered in the specialty alumina market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11915
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Specialty Alumina Market on Track for Strong Growth, Estimated to Grow at 4.6% CAGR Through 2029 here
News-ID: 4107744 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Alumina
low soda alumina market
"The global low soda alumina market is valued at approximately $1.2 billion in 2024, with projections indicating robust growth, expecting to reach around $1.9 billion by 2034. This indicates a Compound Annual Growth Rate (CAGR) of about 5.2% during the period from 2025 to 2034."
On May 26 , 2025, Exactitude Consultancy., Ltd. released a research report titled "Low Soda Alumina Market". This report covers the global Low Soda Alumina market…
Non-Metallurgical Alumina Market Size, Growth Opportunities 2031 by Key Manufact …
USA, New Jersey: According to Verified Market Reports analysis, the global Non-Metallurgical Alumina Market size was valued at USD 12.50 Billion in 2024 and is projected to reach USD 18.75 Billion by 2033, exhibiting a CAGR of 5.0% from 2026 to 2033.
What is the current outlook of the non-metallurgical alumina market?
The non-metallurgical alumina market is experiencing steady growth, driven by increasing demand across industries such as ceramics, electronics, chemicals, and…
Activated Alumina Market 2025: Impact of Alumina Supply Expansions, High-Purity …
Industry Developments Impacting the Activated Alumina Market in 2025
The activated alumina market is experiencing significant shifts due to critical developments in the alumina industry, which serves as the primary raw material for activated alumina production.
These developments, including new capacity for bauxite-to-alumina conversion and the growing demand for high-purity alumina (HPA) in semiconductor cooling solutions, are expected to have a profound impact on the activated alumina market, its growth trajectory, and…
White Fused Alumina Market
The "White Fused Alumina Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global White Fused Alumina Market, 2024-2031
Verified Market Research's most recent report, "White Fused Alumina Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides…
Alumina and Calcined Alumina Market Trends Analysis: Exploring Growth Opportunit …
"Alumina And Calcined Alumina Market Accounted For US$ 2187.4 Million In 2020 And Is Estimated To Be US$ 3375.32 Million By 2030 And Is Anticipated To Register A Cagr Of 4.50%. ".
With thorough company profiles, recent developments, and other information, the Alumina and Calcined Alumina Market Report provides an in-depth analysis of major trends, motivating reasons, obstacles, segmentation, regulatory policies, and important players. The Alumina and Calcined Alumina Market Report…
Alumina Fiber and Alumina Continuous Fiber Market - Global Industry Perspective …
Global Leading Market Research Publisher QYResearch announces the release of its latest report "Global Alumina Fiber and Alumina Continuous Fiber Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application". Based on current situation and impact historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a comprehensive analysis of the global Alumina Fiber and Alumina Continuous Fiber market, including market size, share, demand, industry…
