Non Metallurgical Alumina Market Share

Non Metallurgical Alumina Market Share Analysis

The market is categorized into two main segments: calcined alumina and alumina trihydrate, with alumina trihydrate representing the larger portion at 59.90% of the global market in 2021. Despite this, the calcined alumina segment is projected to exhibit a robust Compound Annual Growth Rate (CAGR) of 6.91% during the forecast period.

Calcined alumina, also recognized as commercial alumina or aluminum oxide, is a white powder known for its hardness, scoring a 9 on the Mohs scale. Its versatility is evident in various industrial applications, with different grades tailored to meet diverse requirements.

One of the distinctive features of calcined alumina is its remarkable hardness and mechanical strength, making it highly resistant to wear, abrasion, chemical attacks, and corrosion. Additionally, its exceptional refractoriness and electrical insulation properties make it capable of withstanding high temperatures. These specific attributes position calcined alumina as a pivotal component in several industrial processes, including the production of ceramic forms, refractories, and abrasives.

The versatility of calcined alumina extends to its applications in paint and coatings, where it serves as a filler, anti-slip agent, and thermal spray powder. Furthermore, it finds utility in polishing compounds, playing a vital role in creating high-quality finishes. Beyond these applications, calcined alumina is crucial in the development of structural and technical ceramics, serving as a filler in plastics and rubber, contributing to improved properties in these materials.

In contrast, alumina trihydrate, a flame retardant filler with smoke-suppressing qualities, is predominantly utilized in plastics, rubber, FRP (Fiberglass Reinforced Plastics), SMC (Sheet Molding Compound) molding, and other polymers. It serves as a cost-effective resin extender, enhancing the overall performance of these materials. Notably, Alumina Chemical & Castables stands out as a leading developer and processor of alumina trihydrate.

In summary, the market dynamics are shaped by the dominance of alumina trihydrate, accounting for the majority of the market share. However, the calcined alumina segment is anticipated to experience substantial growth, showcasing its exceptional hardness, mechanical strength, and resistance properties. Calcined alumina's multifaceted applications, from ceramics to coatings and polymers, highlight its significance across diverse industries. Meanwhile, alumina trihydrate, with its flame retardant attributes, plays a crucial role in enhancing the fire safety and performance of various polymer-based materials, reaffirming its importance in the market.