Calcined Alumina Market Study Provides Latest Intelligence on Growth in 2021 and Beyond
Global Calcined Alumina supply-demand continues to be impacted by broader developments in the chemicals sector. The new Calcined Alumina market research report outlines the key factors that will impact production, supply, and demand during the assessment period (2018–2026).
The study tracks Calcined Alumina demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Calcined Alumina in particular.
How will Calcined Alumina Sales Grow in 2021 and Beyond
The Calcined Alumina industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.
Overall, demand for Calcined Alumina will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million.
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Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm.
The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.
The Fact.MR study profiles the business, product and other key strategies of the leading Calcined Alumina companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use. Some of the leading companies in the Calcined Alumina market include (Compagnie de Saint-Gobain S.A., Huber, Almatis, AluChem, National Aluminium Company Limited (NALCO), Orient Abrasives Ltd)
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Calcined Alumina Market: Dynamics
Demand for calcined alumina is driven by a number of factors. The major applications of calcined alumina include refractories & ceramics. The rising market penetration of high-quality steel accounts for the largest share in terms of application for refractories, in emerging economies, which drives the demand for high-end refractories, which are made from calcined alumina.
The growing building & construction industry further substantiates the growth. The growth in building & construction industry itself drives the calcined alumina market as it is the major end-user of steel, cement, glass & ceramics, etc, which are key application areas for calcined alumina. The price and performance of calcined alumina varies depending upon product density, particle size distribution and degree of purity.
Calcined Alumina Market: Regional Outlook
Based on geographies, the global Calcined Alumina market is segmented into seven regions including North America, Latin America, Europe, CIS & Russia, Japan, APEJ (the Asia Pacific excluding Japan) and MEA. Among the above-mentioned countries, Asia Pacific excluding Japan is estimated to account for more than 40% of global consumption with major producers having their manufacturing facilities in the region.
The region is also anticipated to witness a medium to high growth in the global Calcined Alumina market on the back of the emerging economies of India and China. These countries offer immense market potential for calcined alumina as the need for high quality steel would require more effective and efficient refractories offering higher performance, thereby consuming more quantities of calcined alumina.
The paints & coatings application of calcined alumina is an emerging application for calcined alumina where it is used as a polishing agent for plastic, metal and glass. APEJ also accounts for a major market share in the global paints & coatings market. Moreover, North America followed by Europe are projected to showcase low to medium growth in the global Calcined Alumina market. Middle East & Africa and Latin America account for a mere single digit market share in terms of demand.
Calcined Alumina Market: Prominent players
Prominent players for the global Calcined Alumina market are Compagnie de Saint-Gobain S.A., Huber, Almatis, AluChem, National Aluminium Company Limited (NALCO), Orient Abrasives Ltd., Nabaltec AG, Sumitomo, Alteo, Motim, Aluminum Corporation of China Limited and other key market players. The Calcined Alumina market consists of well-diversified global and regional players with the global vendors are ruling the market.
The research report presents a comprehensive assessment of the Calcined Alumina market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Calcined Alumina market report provides analysis and information according to market segments such as geographies, application and industry.
The Calcined Alumina Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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