Chemical

According to a new market report published by Lucintel, the future of the fused alumina market looks promising with opportunities in the insulating materials, advanced ceramics, coated abrasives, laminated flooring, and bonded abrasives applications. The global fused alumina market is expected to grow at a CAGR of 9% to 11% from 2023 to 2028.  The major growth drivers for this market is increasing penetration of abrasive blasting techniques that helps in removing surface impurities as well as shapes the surface.



In this market, white fused alumina and brown fused alumina are used in advanced ceramics, insulating materials, coated abrasives, laminated flooring, and bonded abrasives.

Asia Pacific is expected to remain the largest region over the forecast period owing to rapid industrialization in countries like China and India, followed by the existence of large metal processors and ceramic producers in the regioAlteo Alumina, Kuhmichel Abrasiv, Electro Abrasives, Henge Group, Futong Industry, Imerys Fused Minerals, and Yichuan Shengyu, Abrasives are among the major suppliers of fused alumina.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global fused alumina market by product type, application, and region. Lucintel has prepared a comprehensive research report ntitled “Growth Opportunities in the Global Fused Alumina Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global fused alumina market by product type, application, and region as follows:

Global Fused Alumina by Product Type [Value ($M) Shipment Analysis from 2017 to 2028]:

· White Fused Alumina

· Brown Fused Alumina

Global Fused Alumina by Application [Value ($M) Shipment Analysis from 2017 to 2028]:

· Insulating Materials

· Advanced Ceramics

· Coated Abrasives

· Laminated Flooring

· Bonded Abrasives

· Others

Global Fused Alumina by Region [Value ($M) Shipment Analysis from 2017 to 2028]:

· North America

· Europe

· Asia Pacific

· The Rest of the World

 

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the fused alumina market by product type (white fused alumina and brown fused alumina), application (insulating materials, advanced ceramics, coated abrasives, laminated flooring, bonded abrasives, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?