Questions about melting Aluminum Oxide

29 Apr.,2024

 

Questions about melting Aluminum Oxide

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Aluminum Oxide Market Share, Size, Growth, Report 2024-32

Market Overview:

The global aluminum oxide market size reached US$ 6.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2032, exhibiting a growth rate (CAGR) of 4.8% during 2024-2032.

Report Attribute 

Key Statistics

Base Year

2023

Forecast Years

2024-2032

Historical Years

2018-2023

Market Size in 2023

US$ 6.0 Billion

Market Forecast in 2032

US$ 9.2 Billion Market Growth Rate 2024-2032 4.8%


Also known as alumina, aluminum oxide (Al2O3) is a white, odorless chemical compound commonly found in different forms, such as powder, pellets, tablets, pieces, nanoparticles and sputtering targets. It is widely used as an electric insulator, abrasive and a protective layer in industrial manufacturing processes to prevent devices from weathering. It also finds applications in chromatography and making ceramic materials around the world on account of its high thermal conductivity.

Aluminum Oxide Market Trends:

The threat to flora, fauna and human life is increasing across the globe on account of the perpetually rising environmental pollutants. As a result, there is a rise in the demand for Al2O3 to remove toxic pollutants effectively. This can also be accredited to its affordability, high surface area, adsorption ability, surface acidity and thermal stability. In addition, due to its bio-inertness and chemical properties, Al2O3 acts as a preferred material in bearings of hip replacements, bionic implants, prosthetic eye substitutes, tissue reinforcements, dental crowns, abutments, bridges, and other dental implants. It is also utilized in lab equipment and tools, such as crucibles and furnaces, worldwide. This, coupled with the growing investments in the healthcare sector by governing agencies of numerous countries, is driving the market. Moreover, the high melting and boiling points and the excellent thermal resistive properties are augmenting the sales of this metal oxide to manufacture high-temperature furnace insulations and electrical insulators. Besides this, the expanding application of Al2O3 in the construction, container packaging, electrical engineering and smelting process is strengthening the growth of the market. Furthermore, key industry players are collaborating and forming alliances to focus on commercialization and large-scale production, which is projected to fuel the market growth.

 

 

 

 

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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global aluminum oxide market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on form type, application and end user.

Breakup by Form Type:

 

 

 

 

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  • Nanoparticles
  • Powder
  • Pellets
  • Tablets
  • Sputtering Targets
     

Breakup by Application:

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

Breakup by End User:

  • Medical
  • Automotive
  • Industrial Manufacturing
  • Electronics
  • Others
     

Breakup by Region:

 

 

 

 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alcoa Corporation, Aluminum Corporation of China Limited, BASF SE, Cabot Corporation, Evonik Industries AG, Hangzhou Jinjiang Group Co. Ltd., Honeywell International Inc., J.M. Huber Corporation, Merck KGaA, United Company Rusal Plc, Sasol Limited, Sumitomo Chemical Co. Ltd. and W.R. Grace & Co.

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Report Coverage:

Report Features Details Base Year of the Analysis 2023 Historical Period 2018-2023 Forecast Period 2024-2032 Units US$ Billion Segment Coverage Form Type, Application, End User, Region Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico Companies Covered Alcoa Corporation, Aluminum Corporation of China Limited, BASF SE, Cabot Corporation, Evonik Industries AG, Hangzhou Jinjiang Group Co. Ltd., Honeywell International Inc., J.M. Huber Corporation, Merck KGaA, United Company Rusal Plc, Sasol Limited, Sumitomo Chemical Co. Ltd. and W.R. Grace & Co. Customization Scope 10% Free Customization Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899 Post-Sale Analyst Support 10-12 Weeks Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)