Aluminum oxide is utilized for its hardness as well as strength. Its naturally occurring form, Corundum, is basically a nine on the Mohs scale of mineral hardness. It is widely employed as an abrasive, including as a less expensive substitute mainly for industrial diamond. Many types of sandpaper utilize aluminum oxide crystals. Fused alumina oxide is widely employed as a raw material in refractories, grinding wheels, sandpaper, ceramics shapes, blasting media, laminates, metal preparation, coatings, lapping, grinding, polishing, and hundreds of other applications.
MARKET DYNAMICS
The fused aluminum oxide market has witnessed significant growth owing to factors such as wider application in bonded & coated abrasives, refractories, ceramics, and others. Increasing use of aluminum oxide in the industrial manufacturing processes, including the production of dental cement, is anticipated to drive the market. Additionally, it is utilized in chromatography and ceramic material owing to its high thermal conductivity. It is further utilized as a protective layer in various devices to prevent them from weathering. However, the risk involved in the mining of bauxite ore is anticipated to hamper the growth of the fused aluminum oxide market. Nevertheless, with the steady growth in the mining industry and ceramics industry, there are ample opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Fused Aluminum Oxide Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fused aluminum oxide market with detailed market segmentation by type and application, and geography. The global fused aluminum oxide market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fused aluminum oxide market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fused aluminum oxide market is segmented on the basis of type and application. On the basis of type, the fused aluminum oxide market is segmented into white fused aluminium oxide and brown fused aluminium oxide. The fused aluminum oxide market on the basis of the application is classified into bonded & coated abrasives, refractories, ceramics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fused aluminum oxide market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fused aluminum oxide market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fused aluminum oxide market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fused aluminum oxide market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global fused aluminum oxide market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fused aluminum oxide market are anticipated to lucrative growth opportunities in the future with the rising demand for fused aluminum oxide in the global market. Below mentioned is the list of few companies engaged in the fused aluminum oxide market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fused aluminum oxide market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alteo
- CUMI Minerals
- Imerys
- Jining Carbon Group
- LKAB
- Motim
- Ruishi Renewable Resources Group
- Rusal
- Shandong Luxintai
- Washington Mills
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.