Global Aluminum Oxide Market Growth 2023-2029

Global Aluminum Oxide Market Growth 2023-2029

Aluminium oxide or Aluminum oxide (in U.S. English) is a chemical compound of aluminium and oxygen with the chemical formula Al2O3. It is the most commonly occurring of several aluminium oxides, and specifically identified as aluminium(III) oxide. It is commonly called alumina, and may also be called aloxide, aloxite, or alundum depending on particular forms or applications. It occurs naturally in its crystalline polymorphic phase α-Al2O3 as the mineral corundum, varieties of which form the precious gemstones ruby and sapphire.

LPI (LP Information)' newest research report, the “Aluminum Oxide Industry Forecast” looks at past sales and reviews total world Aluminum Oxide sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminum Oxide sales for 2023 through 2029. With Aluminum Oxide sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminum Oxide industry.

This Insight Report provides a comprehensive analysis of the global Aluminum Oxide landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aluminum Oxide portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aluminum Oxide market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminum Oxide and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aluminum Oxide.

The global Aluminum Oxide market size is projected to grow from US$ 150.4 million in 2022 to US$ 205.3 million in 2029; it is expected to grow at a CAGR of 205.3 from 2023 to 2029.

Asia Pacific was holding a major aluminum oxide market followed by North America. Huge demand from growing pharmaceutical industries in countries such as India and China is expected to uplift the Asia Pacific aluminum oxide market over the forecast period. Increase in aluminum oxide demand from ceramic industry is expected to propel the market in North America over the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Oxide market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Powder
Pellets
Pieces

Segmentation by application
Pharmaceutical Industry
Ceramic Industry
Industrial Manufacturing Processes
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sherwin
Outotec
CeramTec
Spectrum Chemcial
CoorsTek Ceramics
Alcoa Corporation
Khambhalay Abrasive
Tirupati Industries
BAIKOWSKI

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aluminum Oxide market?

What factors are driving Aluminum Oxide market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aluminum Oxide market opportunities vary by end market size?

How does Aluminum Oxide break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.