According to a market report by Lucintel, the future of the global bauxite clay market looks promising with opportunities in the alumina for metallurgical purposes, cement, refractories, and abrasives markets. The global bauxite clay market is expected to grow with a CAGR of 5.0% from 2024 to 2030. The major drivers for this market are rising demand for this clay in the ceramics industry and growth in construction activities.
A more than 150-page report to understand trends, opportunity and forecast in bauxite clay market to 2030 by type (washed bauxite and dry beneficiated bauxite), application (alumina for metallurgical purposes, cement, refractories, abrasives, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, washed bauxite is expected to witness higher growth over the forecasts period due to its widespread application in refractory, abrasive, and cement.
Within the application category, alumina for metallurgical purposes is expected to witness the highest growth over the forecasts period.
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In terms of regions, APAC is expected to witness the highest growth over the forecasts period due to rapid infrastructure development in the region.
Rio Tinto, RUSAL, Alcoa, Australian Bauxite are the major suppliers in the bauxite clay market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Lucintel
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