Report Scope & Overview:
Calcined Bauxite Market Size was valued at USD 1.47 billion in 2021, and expected to reach USD 2.11 billion by 2028, and grow at a CAGR of 5.3 % over the forecast period 2022-2028.
Bauxite that has been sintered at temperatures higher than 15,000 degrees Celsius to remove moisture and increase its alumina content, refractoriness, iron content, and hardness and toughness. This is the raw material known as calcined bauxite. It is also known as refractory bauxite, and because to its high aluminium concentration and low impurity level, it has a high degree of heat resistance. Compared to raw bauxite, which has an alumina content of roughly 55–58 percent, calcined bauxite has an alumina content of 84–88 percent. It is utilised as a raw material for refractory products in numerous sectors because to its excellent heat resistance, durability, and resistance to molten slag qualities.
Due to its delicate qualities, it is also required for the manufacturing of refractory aluminium oxide cement, mineral wool, road construction, welding powder, and steel as a slag conditioner.
Making cement out of calcium aluminate.
Requiring refractories for the production of petrochemicals, glass, cement, lime, non-ferrous metals, steel, and other materials.
Hefty financial investment in the manufacturing sectors.
Improved modern technology, rising demand, and greater product sales.
Impact of Covid-19:
The COVID-19 pandemic significantly impacted major economies in North America and Europe, and the first and second waves saw a sharp rise in the number of fatalities. Lockdown tactics were frequently used in Europe to stop the spread of the infection and protect lives. Movement restrictions caused a sharp decline in demand for items of discretionary expenditure like cars. This resulted in a major drop in the demand for calcined bauxite during the pandemic as well as for abrasives and refractories. However, it is anticipated that the demand for calcined bauxite will return to normal in 2021 due to the rapid rate of vaccination and different financial measures made to restart the economy.
Major producers of calcined bauxite in North America and Europe rely significantly on imports from China, India, and Guinea. However, a severe bauxite shortage on the market resulted from the disruption of transportation networks, driving up input costs for producers of calcined bauxite. Two of the biggest producers of calcined bauxite in the world are China and Guyana. The COVID-19 pandemic outbreak and subsequent adoption of lockdown measures in these nations had an impact on the logistical networks and, consequently, the global supply of calcined bauxite. Additionally, the high infection rates in Europe and North America prompted the implementation of strict quarantine and sanitary regulations to stop the virus's spread.
Sinocean Industrial Limited (China), Great Lakes Minerals, LLC(US), Boud Minerals Limited (UK), LKAB (Sweden), Saurashtra Calcine Bauxite, First Bauxite LLC (US), EK-COMPANY AG (Germany), Bosai Group (China), Allied Industries Ltd (India)
The markets for calcined bauxite in Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa have all been researched. Due to the greatest bauxite ore reserves in nations like India, China, and Australia, the Asia-Pacific region has emerged as the market's leader and fastest-growing subsegment. Australia continued to produce the most bauxite in 2019, with 115 metric tonnes, followed by China and India. Additionally, the Asia-Pacific region's higher workforce productivity and lower labour costs support market expansion. Refractories are widely used in end-use industries such iron and steel, cement & ceramics, non-ferrous metals, and others, which is a key factor in the growth of the regional market.
Due to the strong demand for alumina products and metal abrasives, North America is anticipated to hold a sizable portion of the global market. The US abrasives market is expanding as a result of the country's expanding automotive, metal fabrication, industrial, electronics, electrical, medical, and construction sectors. Abrasives are utilised in the automotive industry for a variety of purposes, including coarse and lacquer sanding, which will increase the demand for calcined bauxite in the manufacture of abrasives.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 1.47 Billion|
|Market Size by 2028||US$ 2.11 Billion|
|CAGR||CAGR of 5.3% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Purity (High Purity, Low Purity)
• By Application (Abrasives, Refractory Materials, Metallurgy, Road Surfacing, Others)
• By Type (Aggregate, Powder)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Sinocean Industrial Limited (China), Great Lakes Minerals, LLC(US), Boud Minerals Limited (UK), LKAB (Sweden), Saurashtra Calcine Bauxite, First Bauxite LLC (US), EK-COMPANY AG (Germany), Bosai Group (China), Allied Industries Ltd (India)|
|Key Drivers||• Making cement out of calcium aluminate.
• Requiring refractories for the production of petrochemicals, glass, cement, lime, non-ferrous metals, steel, and other materials.
|RESTRAINTS||• Environment-related issues.|
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: The COVID-19 pandemic significantly impacted major economies in North America and Europe, and the first and second waves saw a sharp rise in the number of fatalities. Lockdown tactics were frequently used in Europe to stop the spread of the infection and protect lives. Movement restrictions caused a sharp decline in demand for items of discretionary expenditure like cars. This resulted in a major drop in the demand for calcined bauxite during the pandemic as well as for abrasives and refractories. However, it is anticipated that the demand for calcined bauxite will return to normal in 2021 due to the rapid rate of vaccination and different financial measures made to restart the economy.
Ans: Environment-related issues are the restraints for Calcined Bauxite Market.
Ans: Making cement out of calcium aluminate and Requiring refractories for the production of petrochemicals, glass, cement, lime, non-ferrous metals, steel, and other materials are the drivers for Calcined Bauxite Market.
Ans: Calcined Bauxite Market Size was valued at USD 1.47 billion in 2021, and expected to reach USD 2.11 billion by 2028, and grow at a CAGR of 5.3 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8.Calcined Bauxite Market Segment, By Purity
8.1 High Purity
8.2 Low Purity
9. Calcined Bauxite Market Segment, By Application
9.2 Refractory Materials
9.4 Road Surfacing
10.Calcined Bauxite Market Segment, By Type
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Sinocean Industrial Limited (China)
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Great Lakes Minerals
12.4 Boud Minerals Limited (UK)
12.5 LKAB (Sweden)
12.6 Saurashtra Calcine Bauxite
12.7 First Bauxite LLC (US)
12.8 EK-COMPANY AG (Germany)
12.9 Bosai Group (China)
12.10 Allied Industries Ltd (India)
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.
Part 2: In this part of the primary research the data collected via secondary research and part 1 of the primary research is validated with the interviews with individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence center, our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real-time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but is not limited to getting rid of the many typos, duplication of numbers, or missing any important information. The people involved in this process include technical content writers, research heads, and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.