Data Bridge Market Research analyses that the aluminum oxide market which was USD 27.01 billion in 2022, is expected to reach USD 46.41 billion by 2030, growing at a CAGR of 7.0% during the forecast period of 2023 to 2030.

Industry Analysis

The essential factors contributing to the growth of the global aluminum oxide market in the forecast period of 2023 to 2020 include increasing use of aluminum oxide in production of porous ceramics. Additionally, Aluminum oxide is largely exploited in the construction industry, due to its outstanding properties and relatively significant thermal conductivity. Therefore, the market is estimated to grow rapidly over forecasted period 2023-2030.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Aluminum oxide also known as alumina and is an intrinsically appearing compound which finds use in numerous industries, generally in aluminum manufacturing. Aluminum oxide is largely exploited in the construction industry, due to its outstanding properties and relatively significant thermal conductivity. It also provides high strength and hardness in its transparent form, and makes it more suitable as an abrasive.

Global Aluminum Oxide Market Scope

The global aluminum oxide market is segmented on the basis of form type, purity, application, and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Form Type

  • Nanoparticles
  • Powder
  • Pellets
  • Tablets
  • Sputtering Targets

Purity

  • 2N (99%)
  • 3N (99.9%)
  • 4N (99.99%)
  • 5N (99.999%)
  • 6N (99.9999%)

Application

  • Abrasive
  • Aluminum Smelting
  • Engineered Ceramics
  • Aluminum Chemicals
  • Refractories

End-User

  • Medical
  • Pharmaceuticals
  • Industrial Manufacturing
  • Electronics
  • Others

Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-aluminum-oxide-market

Global Aluminum Oxide Market Regional Analysis/Insights

The global aluminum oxide market is analyzed and market size insights and trends are provided by country, form type, purity application and end-user as referenced above.

The countries covered in the global aluminum oxide  market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the aluminum oxide market in the forecast period 2023-2030 owing to the huge demand from growing pharmaceutical industries in emerging countries such as India and China.

North America on the other hand, is estimated to show lucrative growth over the forecast period of 2023-2030, due to the strong demand for aluminum oxide from the ceramic industry.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Aluminum Oxide Market Share Analysis

The global aluminum oxide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global aluminum oxide market.

Some of the major players operating in the global aluminum oxide market are:

·       Alcoa Corporation (U.S.)

·       Norsk Hydro ASA (Norway)

·       Rio Tinto Alcan Inc. (Canada)

·       Rusal (Russia)

·       Chalco (China)

·       Emirates Global Aluminium (EGA) (U.A.E.)

·       Hindalco Industries Limited (India)

·       Showa Denko K.K. (Japan)

·       Sumitomo Chemical Co., Ltd. (Japan)

·       UC RUSAL (Russia)

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MAJOR TOC OF THE REPORT

Ø  Chapter One: Introduction

Ø  Chapter Two: Market Segmentation

Ø  Chapter Three: Market Overview

Ø  Chapter Four: Executive Summary

Ø  Chapter Five: Premium Insights

Ø  Chapter Six: Global Aluminum Oxide Market by Product & Procedure type

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