Global Spherical Alumina Powder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Spherical Alumina Powder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Spherical alumina powder is a kind of alumina powder material with small specific surface area and good fluidity, which is obtained by processing specific raw materials of irregular angular particles into spherical shape by high-temperature melt-spraying method. Spherical alumina powder has the characteristics of high thermal conductivity, high insulation, high hardness, high temperature resistance, corrosion resistance and wear resistance.

Market Overview:

The latest research study on the global Spherical Alumina Powder market finds that the global Spherical Alumina Powder market reached a value of USD 128.76 million in 2022. It’s expected that the market will achieve USD 217.25 million by 2028, exhibiting a CAGR of 9.11% during the forecast period.

Influence of COVID-19 Outbreak on Spherical Alumina Powder Industry Development

Affected by COVID-19, the price of alumina will fluctuate accordingly. The pressure of logistics transportation in various countries is high, and the resumption of enterprises is delayed. As a result, there is insufficient supply of raw materials such as bauxite and caustic soda in alumina plants, some enterprises have reduced production capacity, the spot market supply is tight, and prices have increased. The operating rate of enterprises in downstream electronic power, automobile industry, chemical industry and other industries has dropped significantly.

With the slow recovery of logistics, and alumina companies relying on long-term orders and port spot to maintain normal production, manufacturers have little willingness to purchase spot, and prices have gradually stabilized. This has a positive impact on the development of the spherical alumina powder market. In the long run, spherical alumina powder companies must have their own core competitiveness to survive. Such as products, channels, marketing, management, technology, cost advantages, etc., constantly improve the core competitive advantages and continue to improve.

Drivers

Due to its high hardness, good wear resistance, heat resistance and corrosion resistance, spherical alumina powder has huge market demand and broad application prospects in the fields of precision grinding, thermal conductive materials and catalysis. Spherical alumina powder is also widely used in the fields of electronic power, automobile industry, chemical industry, cutting tools and aerospace.

With the continuous development of social economy, China's alumina industry has made rapid progress, and the current output has been able to meet the needs of the social market. By adopting advanced alumina production decomposition technology, the alumina products produced can reach the international level, and the production efficiency of electrolytic aluminum can also be improved.

Limitations

Since the production of Spherical Alumina Powder requires a high technical level, the complexity of production is the main limiting factor of Spherical Alumina Powder. Spherical Alumina Powder is produced differently, and the effects of the products obtained are also different, so high-tech and high-tech equipment and talents are needed. This is a challenging development process that may affect the growth of the global market.

China's two rounds of tariff lists have little impact on China's aluminum product market; but for the United States, it will have a certain impact, with a 1.2-billion-dollar aluminum product export market closed. In particular, the impact of the scrap aluminum export link may be more obvious, because half of the scrap aluminum exported by the United States previously flowed to China.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

Shandong Sinoal Aluminum Co.,Ltd is one of the major players operating in the Spherical Alumina Powder market, holding a share of 21.77% in 2020.

SHANDONG SINOAL ALUMINUM CO., LTD located in a national level high-tech industrial development zone in Zibo Shandong province, china. The company focuses on the production and application of chemical alumina, and now have five series, more than 120 kinds of product.

Showa Denko is a leading chemical engineering company in Japan. Established by Japan Electric Industry Co., Ltd. and Showa Denko Co., Ltd. in 1939. Manufacture of chemical products and industrial materials. SDK products serve a wide range of fields from heavy industry to electronics and computer industries. The company is divided into five business divisions: petrochemical, aluminum, electronics, chemical and inorganic materials.

Segmentation Overview:

Among different product types, 30-80 μm segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Thermal Interface Materials segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Spherical Alumina Powder market covered in Chapter 3:

Sinoenergy Group
Bestry
Admatechs
Denka
Dongkuk R&S
Shandong Gemsung Technology
Showa Denko
Nippon Steel & Sumikin Materials
Sumitomo Chemical
Tianjin Zexi Minerals Processing
Shandong Sinoal Aluminum Co., Ltd

In Chapter 4 and Chapter 14.2, on the basis of types, the Spherical Alumina Powder market from 2018 to 2029 is primarily split into:

2-30 μm
30-80 μm
80-120 μm
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Spherical Alumina Powder market from 2018 to 2029 covers:

Battery Fillers
Thermal Interface Materials
Thermal Engineering Plastics
Al-Based Copper Clad Laminates
Alumina Ceramic Substrate Surface Spraying
Artificial Corundum and Man-Made Sapphire
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)