Global Tabular Alumina Market 2017-2021
About Tabular Alumina
Tabular alumina has thermal shock resistance and high thermal volume stability, owing to its low open porosity, explicit microstructure and large crystals with locked spherical pores, entrapped on re-crystallization throughout rapid sintering. It has high mechanical strength, high refractoriness, high chemical purity, abrasion resistance, and high corrosion resistance. Approximately, for more than 70 years, tabular alumina has been used in high-performance refractory materials for various applications such as foundry, steel, ceramics, and oil and gas.
Technavio’s analysts forecast the global tabular alumina market to grow at a CAGR of 7.32% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global tabular alumina market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Tabular Alumina Market 2017-2021
Technavio recognizes the following companies as the key players in the global tabular alumina market: Almatis, AluChem, Bisley & Company, KT Refractories US Company, and Possehl Erzkontor.
Other Prominent Vendors in the market are: Lianyungang Zhong Ao Aluminium, Xieta, and Zibo Biz-Harmony.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing demand from oil and gas industry. Tabular alumina is increasingly being used in the oil and gas industry due to critical and high-temperature applications. High mechanical strength, thermal shock resistance, low porosity, smooth surface, and ability to resist a temperature of +1,900°C have increased the demand for tabular alumina in oil and gas applications.”
According to the report, one driver in the market is increasing application in refractories. Tabular alumina is used in several high-temperature applications. Owing to its unique microstructure and high purity, tabular alumina offers significant advantages over other high alumina aggregates, which are used in the formulation of shaped and unshaped refractories. Tabular alumina showcases high chemical resistance to acidic and basic corrosive media and provides high abrasion resistance to the product. High purity T60/64 grade tabular alumina offers high thermomechanical properties to refractory products.
Further, the report states that one challenge in the market is high production cost. The price of tabular alumina is determined by several factors such as the price of calcined alumina, utilities, power, handling costs for material, and rising demand owing to the constant growth in end-user segments. Several other factors such as the economic performance of China and fluctuation in energy cost will have an impact on the price of tabular alumina. Asia is a crucial region for the supply of tabular alumina. Thus, the prices from Chinese manufacturers are likely to be relatively lower than the price offered by North American and European suppliers.
Almatis, AluChem, Bisley & Company, KT Refractories US Company, Possehl Erzkontor, Lianyungang Zhong Ao Aluminium, Xieta, and Zibo Biz-Harmony.
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