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The market growth for aluminium oxide is boosted by high demand from end-use industries such as ceramics, automotive, and electronics. These industries use aluminum oxide in abrasives, coatings, refractories, and catalysts. The automotive industry uses alumina in car bodies and components such as engine blocks, cylinder heads, brake disks, and pistons. The growing demand for lightweight and fuel-efficient vehicles is driving the aluminium oxide market in the automotive industry.
The refractories industry is another major driver of the aluminium oxide market, as it is used in manufacturing products such as bricks, crucibles, and furnace linings. The high melting point and chemical resistance of aluminium oxide makes it a good substitute for other materials such as silicon carbide and zirconia, which are more expensive.
Increasing construction activities across the globe are driving the demand for refractories, which in turn is fuelling the demand for aluminum oxide. The growing electrical & electronic industry is also boosting the demand for aluminum oxide, as it is used in the manufacture of circuit boards and capacitors.
The global aluminium oxide market research report provides a detailed analysis of the key players in this market by analysing their product portfolio, financials, business strategies, and current developments. The report also includes a competitive landscape for this market, with details on the company strengths and weaknesses, as well as the market opportunities and threats. The report is a valuable resource for manufacturers, suppliers, and buyers in this market.