The global calcined bauxite market size is projected to expand substantially during the forecast period of 2024-2032.
This information is provided by Fortune Business Insights, in its report titled, “Calcined Bauxite Market, 2024-2032.”
Calcined bauxite is a processed form of aluminum containing high concentrations of alumina. The calcination process removes moisture and impurities from bauxite and helps increase grain hardness, consistency of bauxite ore, and alumina content making it the ideal choice for production of refractory materials. Most calciners use rotary kiln for the thermal treatment process. Some operations use fluid bed calcination instead.
Request Sample PDF: https://www.fortunebusinessinsights.com/enquiry/sample/calcined-bauxite-market-106751
Segmentation:
Based on type, the global market is divided into aggregate and powder. Among these, the aggregate segment is stipulated to dominate the market over the analysis timeframe due to increasing demand from end-use industries.
As per application scope, the global calcined bauxite market is split into abrasives, refractory materials, metallurgy, cement, and others. Among these, the abrasives segment is slated to record substantial gains in the upcoming years owing to surging product demand from end-use industries such as construction and metalworking.
Regionally, the global calcined bauxite market is fragmented into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
Report Coverage:
The research report provides a deep understanding of growth stimulants and challenges affecting the global calcined bauxite market over the forecast timeframe. It studies the global market exhaustively by dividing it into segments and regions. Market share, growth rate, and valuation of each segment is included as well. Company profiles of leading companies including strategic decisions undertaken by them are compiled in the report to enable investors to make informed decisions. Moreover, the report encompasses a COVID-19 impact section to provide the reader with an extensive overview of the after effects of the pandemic and measures taken by governments and leading players to combat these effects.
Drivers and Restraints:
Increasing Infrastructure Development to Facilitate Market Augmentation
Increasing population and growing urbanization has boosted the demand for housing and other infrastructure facilities in various cities worldwide. This will raise the demand for calcined bauxite as it is used as a component in bricks, cement and other construction materials. The surging demand from aluminum industry will drive global calcined bauxite market growth as well.
Regional Insights:
Surging Demand for Metal Abrasives to Propel Market Expansion in North America
North America is anticipated to hold majority of the global calcined bauxite market share in the upcoming years owing to the increasing demand of metal abrasives and alumina products in the region. The augmentation of automotive, machinery, electronics, electrical, medical, construction and metal industries in the U.S. will propel market growth as well.
Ask For Customization: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/calcined-bauxite-market-106751
Competitive Landscape:
Acquisition of Manufacturing Facilities to Stimulate Market Augmentation
Prominent players in the global calcined bauxite industry are undertaking strategic decisions such as partnerships, product launches, and investments in research & development in an effort to enhance productivity and maximize profits. One such move is the acquisition of new manufacturing facilities.
Key Industry Development:
May 2024: First Bauxite gained acquisition of two U.S. based calcination plants. The company acquired USC’s two manufacturing facilities each hosting rotary kilns. One of them is located in Wrens while the other one is in Andersonville, Georgia. This acquisition will enable the company to provide FBX with calcination facilities to enable the supply of calcined refractory grades of the U.S. market.
List of Key Players Mentioned in the Report:
- Lakes Minerals, LLC
- LKAB
- EK-COMPANY AG
- First Bauxite LLC
- Boud Minerals Limited
- Saurashtra Calcine Bauxite & Allied Industries Ltd
- Sinocean Industrial Limited
- Alchemy Mineral LLC
- Abrasives Factory
- Artha Mineral Resources
Related Blogs: