Bauxite Mining Market to be Resilient to 2020

Bauxite popularly known as aluminum ore is the major source of aluminum. Bauxite is a mixture of minerals such as gibbsite, boehmite and diaspore, iron oxides such as goethite and hematite, clay mineral kaolinite and some amounts of anatase. Bauxite are found majorly in the tropical and sub-tropical regions such as Africa, West Indies, South America, Australia, Asian countries such as India and China and some parts of Europe (in small quantity). Australia is the largest producer and exporter of bauxite globally, with five bauxite mine contributing more than one fourth of the global bauxite production. There are five steps involved in the extraction of bauxite starting with preparation of bauxite area, secondly, bauxite mining, crushing, ore transportation and lastly rehabilitation of land. On an average one square meter of land can extract one metric ton of aluminum.

To access full report @http://www.persistencemarketresearch.com/market-research/bauxite-mining-market.asp

Around 85% of bauxite mined globally is converted to alumina which is further used for the production of aluminum metal. Other major application of bauxite mining is for commercial purpose such as abrasives and refractory’s. Automobile industry is the major end-user of aluminum metal owing to associated benefits of aluminum metals such as corrosion-free, high-density and lightweight features.

North America has the largest market share for bauxite mining owing to increased aluminum demand in the region. Europe and Asia Pacific region follows North America in bauxite demand. North America is expected to maintain its dominance in the forecasted period. Europe is expected to witness marginal growth. However, Asia Pacific region is expected to witness highest growth in the coming future owing to the increasing domestic demand from the automobile industries in the emerging markets of India, China and Japan.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3299

Due to corrosion-free, high-density and lightweight features, aluminum metal is gaining its important in the automobile industries to manufacture lightweight vehicle parts. This is driving the global demand for bauxite mining. Additionally, growth in the transportation sector such as airplanes, trucks, railcars and marine is further expected to increase the global bauxite mining demand.

Owing to the increasing demand of aluminum by the automobile industry have influence the aluminum manufacturing companies to invest more in bauxite extraction business. Some of the major companies operating in the global clinical nutrition products market are Aluminum Corporation of China Limited, Access Industries, Tata Steel Europe Ltd., Halco Mining, Tajik Aluminium Company, Mitsubishi Aluminum Co., Ltd., Queensland Alumina Limited, Nippon Light Metal Company, Ltd., Australian Bauxite Limited, Iranian Aluminium Company and Alumina Limited.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/3299

Key points covered in the report

Report segments the market on the basis of types, application, products, technology, etc (as applicable)
The report covers geographic segmentation
North America
Europe
Asia
RoW
The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.