The report of aluminium oxide market, By Form (Sputtering Targets, Nanoparticles, Pellets, Powder, Tablets and Others) Application (Engineered Ceramics, Pharmaceuticals, Industrial Manufacturing, Abrasive, Electronics and Others) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ X.82 Bn by 2027, at a CAGR of X.5% during a forecast period.
Aluminium oxide is a white odourless crystalline powder having chemical formula Al2O3 that is called alumina, aloxite, alundum, or aloxide depending on the applications or form. The global aluminium oxide market is driven by the high demand from pharmaceutical and industrial manufacturing processes along with coupled with ceramic industries for producing porous ceramics. But, the presence of different substitutes and increasing health risks due to exposure to aluminum oxide may restrain the global aluminium market growth at a global level.
Form segment is expected to grow at the highest CAGR of XX% during the forecast period.
Paste powder segment is expected to dominate the overall market demand from other forms result of superior property and cost-effective obtainability, of the product as compared to other forms. Powder form of aluminium oxide has observed vast application in water treatment projects and oxygen generation and purification. The segment is likely to record a CAGR of 4.37% during the forecast period.
The Asia Pacific region dominated the aluminium Oxide Market in 2019.
Regionally, Asia Pacific held a prominent market share of XX% in 2019 and is expected to reach US$ Mn by the end of 2027, with a CAGR of XX%. The rising capitalization and production in the end-user industries like electronics, industrial manufacturing, and medical & pharmaceuticals are fuelling the market growth in the Asia Pacific. In terms of value and volume, North America is expected to grow at a CAGR of XX% during the forecast period owing to the rise in aluminum oxide demand from the ceramic industry.
Major Key player’s executing in the global aluminium oxide market are, Shandong Weiqiao Pioneering Group, China Hongqiao Group Limited, Sasol and Alcoa Corporation, Jin Jiang International, East Hope Group, Sumitomo Chemical, Xinfa Group Co. Ltd, Chalco, Alcoa, Rio Tinto Group, Rusal, Norsk Hydro and XINFA Group.
Maximize Market Research, a global market research with a dedicated team of specialists and, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global aluminium Oxide Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global aluminium Oxide Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive Research report and in-depth TOC on “Global aluminium Oxide Market.”
https://www.maximizemarketresearch.com/market-report/global-aluminium-oxide-market/69176/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
ManikBaug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908