Aluminum Oxide Market By 2020 Sasol Limited, Nivaka Pharmaceuticals Industries, MTC Wesgo, Snam Abrasives Pvt.
Global Aluminum Oxide Market: Overview
Aluminum oxide (Al2O3), more commonly known as alumina, is extensive used in a variety of industrial manufacturing applications and various engineering processes. When occurring as crystalline form, aluminum oxide most closely resembles properties of natural corundum, with the characteristic property of remarkable hardness. Being extremely hard, aluminum find wide applications as abrasive materials and its marked resistance to any acid or base at high temperature makes it suitable for manufacturing refractories.
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Driven by large number of emerging applications of aluminum oxide in the ceramic and electronics industry, the market is evolving. Its high thermal conductivity and ductility makes it popular to be used for instrumentation of thermal test machines. The market is also witnessing emerging wide demand in pharmaceutical industry and in medical transplants due to excellent biomaterial property.
Common available forms of aluminum oxide are powder, pellets, tablets, sputtering targets, and nanoparticles; of these, nanoparticles have gained wide adoption compared to bulk materials. This is attributed to its enhanced properties such as high electrical conductivity, ductility, and hardness of its alloys. Other popular applications in the medical sector include in making dental cements and in hemodialysis.
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The report offers in-depth insights into the current dynamics, analyzes regulatory framework, and elaborates on emerging applications, key product innovations, recent research and development activities, and competitive landscape. The comprehensive market overview helps stakeholders to identify lucrative growth avenues and zero in on imminent investment pockets in various regions.
Some of the major players operating in the aluminum market are Sasol Limited, Nivaka Pharmaceuticals Industries, MTC Wesgo, Snam Abrasives Pvt. Ltd., Tirupati Industries, Khambhalay Abrasive, Chemicals India Company, and Almatis.