PUBLISHER: Lucintel | PRODUCT CODE: 1417790
PUBLISHER: Lucintel | PRODUCT CODE: 1417790
Non-Metallurgical Alumina Trends and Forecast
The future of the global non-metallurgical alumina market looks promising with opportunities in the refractory, abrasive, ceramic, aluminum sulphate, and ATH fire retardant markets. The global non-metallurgical alumina market is expected to reach an estimated $2.6 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing demand from the building, construction, and automotive sectors, increasing urbanization and wealth development are driving up construction investment in both industrialized and emerging nations.
A more than 150-page report is developed to help in your business decisions.
Non-Metallurgical Alumina by Segment
The study includes a forecast for the global non-metallurgical alumina by type, application, and region.
List of Non-Metallurgical Alumina Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies non-metallurgical alumina companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-metallurgical alumina companies profiled in this report include-
Non-Metallurgical Alumina Market Insights
Lucintel forecasts that alumina trihydrate will remain the larger segment over the forecast period due to growing building activity, as well as significant energy consumption in the industrial sector.
APAC will remain the largest region over the forecast period due to the increasing construction of infrastructure in emerging nations that has resulted in a significant increase in demand for commodities such as cement, slag conditioners, and alumina-based compounds.
Features of the Global Non-Metallurgical Alumina Market
Market Size Estimates: Non-metallurgical alumina market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Non-metallurgical alumina market size by type, application, and region in terms of value ($B).
Regional Analysis: Non-metallurgical alumina market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the non-metallurgical alumina market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the non-metallurgical alumina market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the non-metallurgical alumina market size?
Answer: The global non-metallurgical alumina market is expected to reach an estimated $2.6 billion by 2030.
Q2. What is the growth forecast for non-metallurgical alumina market?
Answer: The global non-metallurgical alumina market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the non-metallurgical alumina market?
Answer: The major drivers for this market are growing demand from the building, construction, and automotive sectors, increasing urbanization and wealth development are driving up construction investment in both industrialized and emerging nations.
Q4. What are the major segments for non-metallurgical alumina market?
Answer: The future of the global non-metallurgical alumina market looks promising with opportunities in the refractory, abrasive, ceramic, aluminum sulphate, and ATH fire retardant markets.
Q5. Who are the key non-metallurgical alumina market companies?
Answer: Some of the key non-metallurgical alumina companies are as follows.
Q6. Which non-metallurgical alumina market segment will be the largest in future?
Answer: Lucintel forecasts that alumina trihydrate will remain the larger segment over the forecast period due to growing building activity, as well as significant energy consumption in the industrial sector.
Q7. In non-metallurgical alumina market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the increasing construction of infrastructure in emerging nations that has resulted in a significant increase in demand for commodities such as cement, slag conditioners, and alumina-based compounds.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.