Global Alumina Tubes Industry
The soaring demand for metallurgical-grade alumina to produce aluminium, mainly due to the increased demand for the base metal in construction, automotive, electrical & electronics, packaging, and consumer durables are considered some of the major factors contributing to the growth of the global alumina market.
Try Sample of Global Alumina Tubes Market @ https://www.wiseguyreports.com/sample-request/4555115-global-alumina-tubes-market-professional-survey-report-2019
The uptick in commercialization and industrialization, with the advent of the 21st century, has resulted in rapid developments in the construction industry. The increased demand for cement, aluminium steel, and metal alloys have increased at a rapid pace, which has further resulted in the growth of the global alumina market over the estimated timeframe. Moreover, the overhauling of the existing steel manufacturing technologies is likely to convert into a higher demand for chemical-grade alumina for refractory products in the coming years.
Moreover, a positive growth trend for the production of aluminium in India, the U.S., Malaysia, and other economies is anticipated to encourage the market players to bolster their production by reopening the existing plants and setting up entirely new facilities.
The following manufacturers are covered:
McDanel Adv. Ceramic Technologies
Texers Technical Ceramics
Morgan Advanced Materials
The global alumina market has been segmented on the basis of type and application.
By type, the alumina market is segmented into refractory grade, metallurgical grade, cement grade, grinding grade, and others. Of these, the demand for metallurgical grade is considered to be the highest among all, mainly due to the increased production of aluminium. The latest applications of fused alumina in abrasives for lapping and metal polishing are likely to contribute to the market growth in the particular segment.
The application segment comprises metallurgy, refractory, and others. Of these, the demand for alumina in refractory is estimated to expand at the highest rate due to alumina’s ability to provide heat, wear resistance, corrosion, and dimensional stability as a refractory material.
Geographically, the global alumina market spans across regions namely, Europe, Asia Pacific, South America, North America, and the Middle East & Africa.
Considering the global scenario, the share of the Asia Pacific in the production of alumina has increased at a tremendous pace. Alumina supply chain is exhibiting signs of interconnection across the region due to rising bauxite mining in the countries of the region in order to cater to the increasing production of alumina.
In the APAC, China generated the maximum demand in 2018. However, the demand for the product will witness slow growth due to slowdown witnessed in the construction industry, tight alumina refinery margins, strict government mandates aimed towards regulating emissions, and international trade policies. The country will continue generating a high-volume demand for metallurgical alumina and register a surging demand for the chemical in the estimated timeframe.
Moreover, nations in the South American and North American regions have registered steep drops in the production of alumina due to lower production prices, tight refinery margins, and fall in the demand for final products. Processors in the North American regions are extensively focusing on the production of secondary aluminium and deferring primary aluminium production. This reduces the traditional dependency on alumina for the production of aluminium.
For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/4555115-global-alumina-tubes-market-professional-survey-report-2019
For more information or any query mail at firstname.lastname@example.org
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.
+1 646 845 9349 / +44 208 133 9349
Follow on LinkedIn: https://www.linkedin.com/company/wise-guy-research-consultants-pvt-ltd-?trk=biz-companies-cym
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349