The global bauxite mining market has been valued at US$ 16.83 billion in 2023 and is forecasted to advance at a CAGR of 6.6% during the forecast period (2023 to 2033), as per a new study by Fact.MR.
Bauxite operations have expanded due to the increased demand for aluminum on a global scale. The production and export of bauxite contribute significantly to the global economy and bring in a sizable amount of money for several nations. Over the coming years, the worldwide bauxite market is predicted to expand steadily due to rising demand for aluminum in sectors including building, transportation, and packaging.
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Key Companies Profiled in This Report
- Compagnie des Bauxites de Guinea (CBG
- Alcoa Corporation
- Rio Tinto Plc
- National Aluminium Company Limited
- Australian Bauxite Ltd.
- Gujarat Mineral Development Corporation Ltd.
- Norsk Hydro ASA
- Metro Mining Ltd
- ASHAPURA GROUP OF INDUSTRIES
- Aluminium Corporation of China
- United Company Rusal PLC
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the bauxite mining market, presenting historical market data for 2018 to 2022 and forecast statistics for 2023 to 2033.
The study reveals essential insights based on application (production of alumina, non-metallurgical products [abrasives, refractories, chemicals, others]), across major regions of the world (North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, and the Middle East & Africa).
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