Visiongain Publishes Bauxite and Alumina Market Report 2020-2030
25 July 2020
Visiongain’s new report the Bauxite and Alumina Market Report: Forecasts by Product (Metallurgical Bauxite, Non Metallurgical Bauxite, Metallurgical Alumina, Non Metallurgical Alumina), by Type (Metallurgical, Non-Metallurgical), by Catalyst (Oil, Polish, Filler). Plus Leading Company Analysis and Regional and Leading National Market Analysis.
This latest report by business intelligence provider Visiongain assesses that Bauxite and Alumina Market spending will reach $xx bn in 2020 and is projected to grow at a value CAGR of xx% and reach a value of US$xx bn by the end of 2030. A natural, heterogeneous fabric consisting mainly of one or more aluminum minerals alongside a variety of silica, iron oxide, titanium, aluminosilicate, and other impurities in small or small quantities is the natural material. Bauxite Bauxite Gibbsite and polymorphs of boehmite and diaspore are the main alumine hydroxide minerals discovered in different ratios with bauxites. Bauxites are usually categorized as abrasive, glue, chemical, metallurgical, refractory, etc. according to the planned business implementation. Growing requirements for aluminum, fueled by the growing urbanization and industrialisation, drive bauxite and alumina supply globally. Bauxite is a heterogeneous material that is usually found primarily made up of mineral aluminum hydroxide. The most significant mineral for the production of alumina, the raw material from which aluminum is manufactured, is bauxite ore. Other main applications of bauxite are abrasive, refractory, aluminum cement, chemical and supportive materials.
Alumina is a silver-white ductile metal with outstanding heat and conductive features. While large quantities of alumina are used in main aluminum manufacturing, non-metallurgical quality alumina is used in refractories. Bauxite trade and shipping globally has presumed enormous development, with uncaptive manufacturing of bauxite increasing over the years, and fundamentally changing sector dynamics. Australia dominates the manufacturing of bauxite and China leads in the refining of alumina, suggesting that the trade of Bauxite ore is potentially growing.
The largest section in the bauxite industry in the world is metallurgical bauxite. Alumina is mainly used for the manufacturing of upstream aluminum which is the world's biggest alumina industry. The sector of refractory products drives demand for non-metallurgical alumina. While the supply for alumina in refractory industries has been decreasing in latest years, there are prospective business possibilities for non metallurgical products, such as water treatment and fire retards. As a replacement for zircon in ceramics and refractory products, Alumina is also being increasingly used owing to the increase in zircon rates.
Production and reserves
Every year over 160 million tonnes of bauxite are mined. Australia, China, Brazil, India and Guinea are the participants in bauxite manufacturing. Bauxite deposits, which are mainly distributed through Africa (32%), Oceania (23%), South America and the Caribbean (21%) and Asia (18%) are projected to be 55-75 billion tonnes. In Arkansas, Alabama and Georgia, the US contains tiny quantities of bauxite ear. In the United States, however, there is very little mining today.
In Central and South America, West Africa, Guinea in specific, India, Vietnam and Australia, the highest levels of bauxite are found. In northern Russia and the middle of Saudi Arabia there are also certain reserves. Normally close the ground, bauxite happens. However, submerged bauxite traces occur in which other objects post-forming the bauxite have been coated. The world's present bauxite capacity is projected to exceed 70 billion tons. In Guinea with proven assets of roughly 25 billion tonnes, this level is the most important.
Most surface-closed bauxites occur at a height of only 1 to 2 m. Typical reservoirs are between 3 and 15 m thick. The bulk of bauxite is mined and handled without benefit. However, ore in northern Brazil and Vietnam has a large level of clay and has to be cleaned before handling, without benefiting from further ore therapy for the concentrated minerals. However, these are often connected with a ground event, when the soil that contributed to the formation and development of bauxite has sloped so that the ore located on the ground gradually grows closer, which requires sub-surface mining to obtain this content economically. This is typical of some of the deposits in Russia. In China, there are many areas that have bauxite that is totally underground at depths from 200 to 300 m
In 2019 the world output of main aluminum was up 5.8%. Despite the continued political insecurity, the perspective for the aluminum sector is favorable, as a result of multiple policy positions, such as US import tariffs on aluminum, Brexit, and the concern that China may boost imports to European economies as the world's major producer of aluminum and its semi-finished products.
The main aluminum ore container is bauxite, with an aluminum composition of more than 35% to 40%. As a result, the supply for bauxite will increase considerably in the future as a result of growing main aluminum manufacturing.
Bauxite mining, however, has a direct effect on nature and the environment. The significant after effects of bauxite mining are air pollution, air emissions, land and food contamination.
The alumina exported from bauxite was manufactured by two national refineries in 2018. Specialty alumina has been manufactured at a 500,000-ton-per-year alumina ranch in Burnside, LA. Aluminum is manufactured primarily for aluminum smelting in a 1.2-million tons per year alumina refinery in Gramercy, LA. In the first half of 2018 there was a project in Gramercy which increased the capacity of alumina of specialty grades by 200,000 tons annually. Another production line for specialized alumina has been added to the Gramercy refinery.
In the first eight months of 2018, the average prices free with ships were $560 a ton, 22 percent higher than those of the same period in 2017, and ranged between $xx a ton and $xx a ton, respectively. for imports from the US for metallurgical-grade alumina. The projected median US import cost (f.a.s. for raw, frozen bauxite intake) for the first eight months of 2018 was xx $per ton, 3 points lower than that in 2018.
Leading Regional & National Analysis
By region, China is expected to prevail in terms of consumption over the bauxite mining industry. In addition, China is the world's biggest aluminum producer worldwide. The region is thus also the largest producer of bauxite and alumina, both necessary for producing aluminum products. It is anticipated that the nation will develop at a prominent CAGR of 6.4% during the prediction era and will continue to dominate the prediction phase as well. The manufacturing of alumina is anticipated to dominate the worldwide bauxite mining industry during the predicted era, in order of both price and quantity.
Glencore International AG
Century Aluminum Co.
Hindalco Industries Ltd.
National Aluminum Company Ltd.
United Company RUSAL
Aluminum Corporation of China Limited
BHP Billiton Group
Norsk Hydro ASA
The comprehensive report offers market estimation and forecast for the period ranging 2020 – 2030 for leading national markets and rest of the world. Moreover, the report contains dedicated leading companies covering 10 leading producers in the field of Bauxite and Alumina.
The Bauxite and Alumina Market Report 2020-2030 report will be of value to anyone who wants to better understand the market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the industry.
Notes for Editors
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Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
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