Calcined Bauxite Market

Calcined Bauxite Market Size By Product Type (Aggregate and Powdered), and By Application (Abrasive, Cement, Refractory, and Metallurgy), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14345
  • Published Date: May, 2024
  • Pages: 237
  • Category: Chemicals & Materials
  • Format: PDF
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The global calcined bauxite market was valued at USD 2.3 billion in 2023, growing at a CAGR of 4.7% from 2024 to 2033 and expected to reach USD 3.6 billion by 2033. Demand for calcined bauxite is anticipated to rise during the forecast period due to market drivers such as the widespread use of brown fused alumina and the production of refractory materials.

Market Introduction:

Raw bauxite is sintered at temperatures above 15,000 degrees Celsius to eliminate moisture and generate calcined bauxite, which has a high alumina concentration, refractoriness, low iron content, and exceptional hardness and toughness. It is sometimes referred to as refractory bauxite because of its high aluminium concentration and low impurity level, contributing to its exceptional heat resistance. Calcined bauxite has an alumina percentage of 84% to 88%, compared to roughly 55% to 58% in raw bauxite. Many industries use it as a raw material for refractory products because of its great heat resistance, durability, and resistance to molten slag. Because of its delicate qualities, it is also needed as a slag conditioner in the steel industry and for manufacturing refractory aluminium oxide cement, roads, mineral wool, and welding powder. The growing construction and automobile sectors also contribute to the market's rise. Aggregate is expected to lead the market during the projection period due to its high demand from many sectors, including those that use it often, including metallurgy, refractories, abrasives, and road surfacing. To increase bauxite's alumina content, refractoriness, iron content, hardness, and toughness, it has been dried out and sintered at temperatures over 15,000 °C. This raw calcined bauxite is what it looks like. It is also known as refractory bauxite and has a high heat resistance because of its high aluminium concentration and low impurities.

Calcined Bauxite Market Size

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Recent Development

In May 2022, before Bauxite, American calcination factories were acquired. The purchase includes USC's two manufacturing sites, including rotary kilns in Andersonville, Georgia (100,000 tpa) and Wrens, Texas (250,000 tpa proppant capacity). The acquisition is significant because it gives FBX access to calcination facilities, enabling the delivery of refractory grades that have been calcined for the US market.

In October 2021, Bautek Minerais Industriais Ltda., a fresh player in the non-metallurgical bauxite and refractory clay sectors worldwide, teamed with MINERALS from the Cofermin Group to provide downstream marketing and distribution support.

Market Dynamics:

Drivers

Expanding aluminium industry- The market for calcined bauxite is growing due to the rise of the aluminium industry since it is an essential refractory material in manufacturing aluminium. The need for calcined bauxite increases with the surge in aluminium use across several sectors, including packaging, buildings, and automobiles. The market is growing because of the mutually reinforcing nature of the expansion of the aluminium sector and the demand for calcined bauxite.

Restraints:

Environmental challenges- Environmental issues like habitat destruction, water pollution, and greenhouse gas emissions limit the expansion of the calcined bauxite market. Pollutants produced during refining contaminate water supplies, upset ecosystems, and kill habitats due to bauxite mining. Furthermore, the greenhouse gases released by the energy-intensive calcination process force the business to look for sustainable solutions to continue growing.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest global calcined bauxite market, with a 35.8% market revenue share in 2023.

The region's rapidly expanding building industry, especially in nations like China and India, increased demand for calcined bauxite, which is used in various processes, including making cement and paving roads. The existence of significant bauxite reserves and helpful government measures also contributed to Asia Pacific's market supremacy.

Asia Pacific Region Calcined Bauxite Market Share in 2023 - 35.8%

 

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Product Type Segment Analysis

The product type segment is divided into aggregate and powdered. The powdered segment dominated the market, with a market share of around 58% in 2023. Due to its fine size, the particle powder type segment is a perfect raw material choice for producing a wide range of end-market products. Therefore, the rising demand for calcined bauxite in powder form will affect the demand favourably over the projection period.

Application Segment Analysis

The application segment is divided into abrasive, cement, refractory, and metallurgy. The refractory segment dominated the market, with a market share of around 34% in 2023. Refractory bauxite grade is primarily used to manufacture high-alumina refractories with an alumina content of 75–90%. This segment is especially sensitive since these produce bricks to line the roofs of electric arc steel-producing furnaces, blast furnaces, stoves, and other similar applications.

Some of the Key Market Players:
  • Sinocean Industrial Limited
  • FX Minerals Pte. Ltd.
  • Alchemy Mineral LLC
  • Abrasives Factory
  • Great Lakes Minerals LKAB
  • Saurashtra Calcine Bauxite & Allied Industries Ltd
  • Thermo Fisher Scientific
  • Artha Mineral Resources
  • Bosai Minerals Group Co.Ltd.
  • Dengfeng City Ludian Town Xingguang
  • Futong Industry Co. Limited,
  • EK-COMPANY AG
  • First Bauxite LLC

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 2.3 Billion
Market size value in 2033 USD 3.6 Billion
CAGR (2024 to 2033) 4.7%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Product Type, Application

Frequesntly Asked Questions

As per The Brainy Insights, the size of the calcined bauxite market was valued at USD 2.3 billion in 2023 to USD 3.6 billion by 2033.

The global calcined bauxite market is growing at a CAGR of 4.7% during the forecast period 2024-2033.

Asia Pacific emerged as the largest calcined bauxite market.

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This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global calcined bauxite market based on the below-mentioned segments:

Global Calcined Bauxite Market By Product Type:

  • Aggregate
  • Powdered 

Global Calcined Bauxite Market By Application:

  • Abrasive
  • Cement
  • Refractory
  • Metallurgy 

Global Calcined Bauxite Market By Region:                                

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

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Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

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Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
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Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
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  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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