Global Aluminum Oxide Market
Alumina is used as an electric insulator and is used in ceramic industries due to its high thermal conductivity and is used for the production of porous ceramics. Its hardness makes its application as an abrasive material and due to its resistance to any acid or high temperatures, its suitable for being used in manufacturing re-factories. Some other applications of aluminium oxide are in plastic filters, reflective decorative paints, removal of water from gas streams, formation of spark plug insulators, hip replacement materials and etc.
The global aluminium oxide market has been fuelled by the ever rising demands from pharmaceutical and manufacturing processes industries. Leveraging its unique physical and chemical properties, there has been an ever steady growth of demand in the ceramics industry for alumina. It is expected to catalyse the ceramic industry in the forthcoming years with its increased usage as ceramic porous materials to enhance the thermal conductivity.
Alumina finds high applications in manufacturing re factories for being aversive to acid/alkali at a high temperature. Its also witnessing myriad of applications in the electronics industry for its thermal conductivity and high ductility, which makes it suitable for being used in thermal test machines for instrumentation. Also, Aluminas excellent biometric properties paves a path for its usage in medical transplants, haemodialysis and formation of dental cements.Applications of aluminium oxide as nanomaterials is also expected to grow significantly in the forthcoming years with aluminium oxide being a catalyst for cement production, an adsorbent, as a dispersing agent in food and as an abrasive for toothpastes.
However, there has been a recent concern in terms of exposure to alumina as a substance. Although alumina is not carcinogenic, but its short term effects include respiratory tract infection and inflammation of eyes. Medics have also suspected alumina to cause damage in human central nervous system with prolonged exposure. Nevertheless, constant improvements are still being made to enhance and explore newer and promising applications of alumina in various industries thereby enhancing the growth prospects of market players across geographies.
Segments on basis of end user applications:
The global Aluminium oxide market can be segmented from an application basedperspective.Aluminas applications are wide ranged into various industries and few of which can be listed as below:
--> Industrial manufacturing
Segments on basis of geography:Products can also be segmented on the basis of regions where the manufacture and usage of aluminium oxidehas been at the higher end. Few such geographies can be listed as:
--> North America
Geographically, APAC holds the majority of aluminium oxide market closely followed by North America. The demand for global aluminium oxide market in APAC has seen an uplift recently due to the increase in demands from pharmaceutical industries from countries like India and China. North America, however, is expected to be driven by the enhanced usage of alumina in the ceramic industry over the forecasted period.
Global aluminium oxide market sees lesser competition from the market place with a highly consolidated structure. The adverse health effects of usage of alumina in the industries, however, has started to act as an obstacle in the substantial growth of its market. Companies are thereby investing in R&D ventures in order to minimize health risks due to prolonged exposure to alumina. Some Key players in this industry across geographies can be thus listed as below:
SASOL Limited, MTC WESGO, Russel, Chemicals India Company, GRACE, Almatis, Tirupati industries, Vega, GIFA, Khambhalay Abrasive
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Rest of Eastern Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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