Aluminum Oxide Market Analysis And Forecast Till 2024

 

Aluminum Oxide Market will register a CAGR of 5% during 2020-2024. The market’s growth momentum will Accelerate.

Rapid growth in the automotive industry | Rise in steel and aluminum production | Increased application in non-resilient flooring will be one of the major factors driving the growth of this market. Additionally, key Aluminum Oxide Market trends such as the Issues related to recycling of aluminum scrap will also influence market growth during the forecast period.

Aluminum Oxide Market Size


During the forecast period, the Aluminum Oxide Market size will grow by 32.95 mn MT.

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Aluminum Oxide Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Aluminum Oxide Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Frequent price fluctuations | Stringent environmental regulations | Issues related to recycling of aluminum scrap will also challenge the growth of the companies.

Alcoa Corp. | Almatis BV | Alumina Ltd. | Aluminum Corp. of China Ltd. | BASF SE | Norsk Hydro ASA | Rio Tinto Ltd. | Sasol Ltd. | Sumitomo Chemical Co. Ltd. | United Company Rusal Plc.list

are some of the companies covered in Technavio’s Aluminum Oxide Market report for 2021-2025.

Aluminum Oxide Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Aluminum Oxide Market.

The APAC will account for the largest Aluminum Oxide Market share and during 2021-2025, the region will contribute to 75% of the market’s growth.

In addition to regions and the key companies involved, Technavio’s Aluminum Oxide Market report also analyzes the market by Metallurgical | Non-metallurgical | APAC | Europe | North America | South America | MEA.


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