Market Overview
The global calcined bauxite market is projected to register a CAGR of over 5.15% to reach around USD 2,159million by 2028.
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Calcined bauxite is produced by sintering high alumina bauxite at temperatures between 1,600 to 1,800°C. The calcination process removes moisture and impurities from bauxite and helps increase the alumina content, grain hardness, and refractoriness of the bauxite ore. The use of market services belonging to the calcined bauxite market is an ideal material used to produce various refractory materials. It is attributed to its ability to withstand extremely high temperatures and corrosive environments prevailing inside the blast furnaces. On the other hand, its use in producing a variety of abrasives is due to its grain hardness and angular shape.
The prime factor driving the growth of the global calcined bauxite market share is its extensive use for brown fused alumina, further used for the production of refractory materials. Calcined bauxite, anthracite, iron filings, and additives are mixed in specific proportions and heated at about 2,250℃ temperature to produce brown fused alumina. Brown fused alumina is a rigid material with high bulk density and a nine on the Mohs scale of mineral hardness. The growing use of high alumina refractories in the steel production process will likely fuel the calcined bauxite market over the forecast period. Moreover, there has been extensive use of brown fused alumina in the production of abrasives is projected to provide an additional boost to the product demand.
Market Segmentation
By Purity
- High Purity
- Low Purity
By Application
- Abrasives
- Refractory Materials
- Metallurgy
- Road Surfacing
- Others
By Region
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia & New Zealand
- Rest of Asia-Pacific
- Latin America
- Mexico
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Turkey
- GCC Countries
- South Africa
- Rest of the Middle East& Africa
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Regional Analysis
The global calcined Bauxite Market has been studied across Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia-Pacific emerged as the leading and fastest-growing segment on account of the largest bauxite ore reserves in India, China, and Australia. In 2019, the Australian continent remained the largest bauxite producer at 105 metric tonnes, followed by China and India. In addition to It, lower labor costs and higher human resources in the Asian Pacific region promote market growth. Widespread use of refractories in end-use industries such as iron and steel, cement & ceramics, non-ferrous metals, and others is a significant driver of the regional market growth. The presence of growing infrastructure in emerging countries such as India, Thailand, and South Korea coupled with the rising demand for refractories from the iron & steel industry, is the prime factor driving the market in upcoming years.
Market Key Players:
Great Lakes Minerals, LLC(US), LKAB (Sweden), EK-COMPANY AG (Germany), Bosai Group (China), First Bauxite LLC (US), Boud Minerals Limited (UK), Saurashtra Calcine Bauxite & Allied Industries Ltd (India), and Sinocean Industrial Limited (China)
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Industry News
The global market remains moderately fragmented, with LKAB, Bosai Group, SCABAL, and Sinocean as leading players accounting for a larger share of the global market. These reliable market companies have a large manufacturing base, a global sales network, a vast product portfolio, and a brand image.
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