Learn about the global processed alumina and aluminum market through The Business Research Company, which provides information on processed alumina and aluminum market size, processed alumina and aluminum market drivers and restraints, processed alumina and aluminum market players, the COVID-19 impact on the processed alumina and aluminum market, and more.

The global processed alumina and aluminum market size is expected to grow from $784.66 billion in 2021 to $860 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The market is expected to grow to $1,204.34 billion in 2026 at a CAGR of 8.8%.

The alumina and aluminium market growth in the historic period was mainly driven by the increase in construction activity in emerging markets.

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The processed alumina and aluminium market consists of sales of processed alumina and aluminium by entities (organizations, sole traders and partnerships) primarily engaged in alumina extraction primarily from bauxite ore, producing aluminium from alumina, recovering aluminium from scrap or dross, refining aluminium by any process, alloying purchased aluminium and rolling, drawing, casting, extruding and alloying aluminium and aluminium-based alloy into primary forms such as bar, foil, pipe, plate, rod, sheet, tube, wire.

Global processed alumina and aluminum market segments include:

By Type: Aluminum Products from Purchased Aluminum, Secondary Smelted and Alloyed Aluminum, Refined Alumina and Primary Aluminum Production

By Application: Automotive, Manufacturing, Others

Subsegments Covered: Sheet, Plate, Foil, Welded Tube, Smelted Aluminum, Alloyed Aluminum, Refined Alumina, Aluminum Production

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the processed alumina and aluminium market in 2021.

Aluminium manufacturers are using furnace insulators to minimize energy loss during the melting process. Furnace insulators are temperature resistant materials used for thermal insulation of furnaces. Advanced furnace insulators have temperature resistance of up to 1200°C with low shrinkage of less than 1% at 700°C. They also provide high resistance to thermal shock, abrasives, and chemicals. Recent tests have indicated that in terms of thermal conductivity, the advanced low bio-persistent fibre-based board furnace insulator performs better than calcium silicate by about 20% at 600°C and 15% at 800°C.

TBRC’s processed alumina and aluminum market report covers:

Major Market Players: Hindalco Industries Ltd, China Hongqiao Group Limited, Novelis Inc, Rio Tinto, Alcoa Corporation, United Co RUSAL PLC, Aluminum Corporation of China Limited (CHALCO), Glencore International, Emirates Global Aluminium, and Norsk Hydro ASA.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Processed Alumina And Aluminum Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides processed alumina and aluminum market overviews, analyzes and forecasts market size, share, processed alumina and aluminum market players, processed alumina and aluminum market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s processed alumina and aluminum market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here is a list of similar reports from The Business Research Company:

Aluminum Rolled Products Global Market Report 2022

Alumina And Aluminum Production And Processing Global Market Report 2022

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