Non Metallurgical Alumina Market

• Growing demand for non-metallurgical alumina in the end-use industry represents one of the major factors boosting market growth globally.

Over the next few years, it is anticipated that the ceramic proppants industry will grow to be a significant market for non-metallurgical bauxite. More than 20% of the entire non-metallurgical bauxite was used in refractories, both directly and through brown fused alumina. As North America and China aim to increase the exploitation of unconventional oil and gas reservoirs, the need for calcined bauxite in the production of ceramic proppants is anticipated to increase significantly.

The majority of proppants are made from naturally occurring, rounded quartz sands. Ceramic proppants are more suited to high-pressure drilling scenarios than natural sand proppants because they have a higher crush strength. Consumption of ceramic proppant is projected to rise, especially in China and North America, where unorthodox gas reserves are currently being developed, including the Sulige tight sandstone gas field in Inner Mongolia. Although the non-metallurgical markets for bauxite and alumina are sizable in and of themselves, they are frequently mentioned in relation to the considerably larger industry of aluminum feedstock.

This is true despite the fact that non-metallurgical grades are frequently far more specialized and expensive goods.

Further, the rise in construction activity with the growing population is increasing the demand for construction materials such as cement, glass, ceramics, metal, and others. Thus, the rising consumption of non-metallurgical in various end-use industries is expected to increase the growth of the non-metallurgical alumina market revenue over the forthcoming years.

The Global Non-Metallurgical Alumina Market Industry experiences a notable surge in demand driven by the chemical sector. Non-metallurgical alumina serves as a crucial raw material in the production of various chemicals, including aluminum hydroxide and sodium aluminate. As industries increasingly prioritize sustainable practices, the demand for high-purity alumina is expected to rise. In 2024, the market is projected to reach 2.24 USD Billion, reflecting the growing reliance on non-metallurgical alumina in chemical applications. This trend suggests a robust growth trajectory, with the market likely to expand further as the chemical industry evolves.

By Region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific non-metallurgical alumina market accounted for USD 946.87 million in 2021 and is expected to exhibit a 7.06 % CAGR during the study period. The growing infrastructure development in emerging economies has led to a strong increase in the demand for commodities like cement, slag conditioners, and alumina-based compounds.

For instance, India's non-metallurgical alumina market is among the fastest growing market as India is one of the largest emerging markets in the Asia-Pacific region. According to the Ministry of Mines, bauxite production in India recorded 75.11 Lakh tonne in 2022, the highest ever bauxite production as compared to the previous year. Hence, Asia-Pacific is anticipated to register the highest growth rate over the forecast period from 2022–2030.

Further, the major countries studied are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: GLOBAL NON-METALLURGICAL ALUMINA MARKET SHARE BY REGION 2021 (%)

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

North America's non-metallurgical alumina market accounts for the second-largest market share due to the rising infrastructure activities along with high demand from refractories. Further, the US non-metallurgical alumina market held the largest market share, and the Canadian non-metallurgical alumina market also holds a significant market share in the North American region.

The Europe non-metallurgical alumina market is expected to grow at a CAGR of 6.41% from 2022 to 2030. This is due to growing industrialization, along with rapid demand for non-metallurgical alumina for various applications. Moreover, the German non-metallurgical alumina market held the largest market share, and the France non-metallurgical alumina market was the fastest-growing market in the European region

Major market players are spending a lot of money on R&D to increase their product lines, which will help the non-metallurgical alumina market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the non-metallurgical alumina industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

One of the primary business strategies adopted by manufacturers in the global non-metallurgical alumina industry to benefit clients and expand the non-metallurgical alumina market sector is to manufacture locally to reduce operating costs. In recent years, non-metallurgical alumina has come up with various features with some of the most significant benefits.