November 16, 2022 07:00 ET | Source: Market Research Future Market Research Future
New York, New York, UNITED STATES 10 Stage Water Filter
New York, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Brown Fused Alumina Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Brown Fused Alumina Market Information by Type, Application, And Region - Forecast till 2030”, the market is estimated to grow at a 7.23% CAGR to reach USD 1165.03 Million by 2030.
Bauxite ore is reduced fused at a temperature of roughly 2,250 °C in an electric arc furnace to create brown fused alumina. It is the ideal raw material for manufacturing abrasives due to its high bulk density and hardness. Given its high bulk density, toughness, and uniform particle size, brown fused alumina is frequently used to make abrasives. Additionally, it is anticipated that the global growth of steel production capacity will result in a sizable demand for high-alumina refractory products, raising the market for brown fused alumina during the projection year. For grinding materials and metals with high tensile strengths, brown fused alumina is a form of strong and sharp abrasive.
Due to its outstanding thermal qualities, it is mostly used to produce refractory materials. Using brown fused alumina for surface conditioning and blasting are two other uses. It calcifies bauxite and melts it in an electric arc furnace. The market demand is projected to increase due to the rising need for coated, metal, and resin-bonded abrasive products in the industrial, metallurgical, and automotive sectors. The market is positively impacted by the growing use of abrasive blasting techniques like sandblasting to remove surface impurities, improve surface texture, and shape the surface.
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The important companies in the brown fused alumina market are:
Market U.S.P. Covered:
The market demand is projected to increase due to rising demand for the metal, coated, and resin-bonded abrasive products in the industrial, metallurgical, and automotive sectors. The market is positively impacted by the growing use of abrasive blasting techniques like sandblasting to remove surface impurities, improve surface texture, and shape the surface. Abrasives are in high demand across a range of end-use industries: Surface preparation tasks, including grinding, cutting, drilling, sharpening, polishing, buffing, honing, lapping, and sanding, are all carried out using abrasives. They are widely used in various end-use sectors, including capital goods, automotive, aerospace, and defense. A key metric of the world economy's state is the global demand for steel.
Global steel production has increased due to the Asia-Pacific region's booming automobile and capital manufacturing industries and the building and construction sector. So throughout the projection period, it is anticipated that an increase in global steel production will lead to an increase in the consumption of refractory materials and, in turn, in the brown fused alumina market. Scientists are searching for alternative sources of alumina due to the depletion of bauxite reserves and the increasing limits on bauxite mining activities around the world. One of the most potential alternate sources of alumina has emerged as coal fly ash.
Chromium oxide is added to high-purity aluminum oxide even during fusion to produce pink fused alumina. Chromium oxide is used to aid increase the material's durability, consistency of grain forms, and sharpness. Due to its higher cutting performance and tolerance to extremely harsh conditions, pink-fused alumina may eventually overtake brown-fused alumina in the production of abrasives. But more calcination is necessary to transform the raw alumina from ores to get brown fused alumina. Brown fused alumina has a slightly higher production cost. This should restrict market expansion. The main raw material utilized to make brown fused alumina is bauxite ore. Significant environmental problems are caused by mining. Large amounts of acid mine drainage, waste rock, tailings, airborne dust, and other toxins are produced and released into the atmosphere, water, and land. Due to these factors, mining operations are subject to several strict environmental restrictions. In addition to harming the environment, mining operations can put miners in danger and pose safety concerns.
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Due to supply chain bottlenecks and a lack of personnel to carry out production tasks, the COVID-19 epidemic has had a marginally negative effect on the global market for brown fused alumina. Globally, partial or complete shutdown measures were implemented to stop the virus's spread. Due to the limited market supply, raw material costs climbed for a considerable portion of 2020. As a result, the manufacturing facilities for brown fused alumina situated worldwide were negatively impacted by the disruption in the supply of essential raw materials and the limited availability of personnel.
By application, the market includes bonded & coated abrasives, blasting refractory, and grinding/ball mining. By type, the market includes low purity (<95%) and high purity (>95%).
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According to estimates, Asia-Pacific holds the greatest market share. The greatest bauxite reserves used to make alumina and alumina-related goods are in Australia. The local market is booming due to lower labor costs. Urbanization trends and rising refractory demand, notably in the metal manufacturing industry, are to blame for the market expansion in the emerging economies of the Asia-Pacific, especially in China, Japan, and Southeast Asian nations. In the Asia-Pacific region, China is both the top producer and user of brown fused alumina. A large portion is thought to be held by North America due to the region's high demand for alumina and metal abrasives. The region's established metal manufacturers are the main driver of North America's market expansion for brown fused alumina. Because sandblasting techniques are widely used, Europe will see significant expansion. By the conclusion of the prediction period, growth in Latin America, the Middle East, and Africa will be moderate.
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