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Bauxite Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com

The new report by Expert Market Research titled, ‘Global Bauxite Market Size, Share, Price, Trends, Growth, Report and Forecast 2020-2025’, gives an in-depth analysis of the global bauxite market, assessing the market based on its segments like grades, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/bauxite-market/requestsample

Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

The key highlights of the report include:

Market Overview (2015-2025)

• Historical Market Size (2019): USD 13.2 billion
• Forecast CAGR (2020-2025): 6.4%
• Forecast Market Size (2025): USD 19.4 billion

The growth of the mineral in the forecast period is attributed to the increasing demand for aluminium. The product is used extensively in steel, cement, refractory, and other industries. Therefore, the rapid growth of the construction sector globally is likely to propel the demand for bauxite. North America is anticipated to hold a significant market share in the bauxite market in the forecast period. Bauxite is also used in water and sewage treatment, which is of significant importance amidst the COVID-19 pandemic.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/bauxite-market

Industry definition and segmentation

Bauxite is a silt rock, which is typically a soft material with a hardness of only 1-3 on a Mohs scale. It has a high aluminium content and is the main source of aluminium in the world. Primarily, bauxite consists of minerals like gibbsite, hematite, boehmite, anatase, goethite, and ilmenite. In order to obtain bauxite, the process of strip mining is conducted.

Bauxite is primarily found in two grades, namely:

• Refractory grade
• Metallurgical grade

Based on application, the industry is segmented into:

• Alumina Production
• Cement
• Refractory
• Abrasives
• Others

The regional markets of bauxite are:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

Market Trends

Due to the wide range of applications of bauxite, the growth of the market is anticipated to grow at a healthy pace. The bauxite industry is mainly driven by its use in the manufacture of aluminium as the product is the main source of aluminium in the world. Region-wise, North America, Europe, and the Asia Pacific have witnessed a high demand for aluminium. However, because of the pandemic, the stocks of aluminium reached record levels due to the slump in demand in the first quarter of 2020. The market is on the revival mode in the fourth quarter, consequently increasing the demand for bauxite.

Key Market Players

The major players in the market are Alcoa Corporation (NYSE: AA), Norsk Hydro ASA (OTCMKTS: NHYDY), South32 Limited (OTCMKTS: SOUHY), Aluminum Corporation of China Limited (NYSE: ACH), and Rio Tinto Limited (OTCMKTS: RTNTF), among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Related reports:

South Africa Gypsum Plaster Market: https://www.expertmarketresearch.com/reports/south-africa-gypsum-plaster-market

Limestone Market: https://www.expertmarketresearch.com/reports/limestone-market

Concrete Superplasticiser Market: https://www.expertmarketresearch.com/reports/concrete-superplasticiser-market

Green Cement Market: https://www.expertmarketresearch.com/reports/green-cement-market

Exterior Sheathing Market: https://www.expertmarketresearch.com/reports/exterior-sheathing-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Contact Information:

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Email: sales@expertmarketresearch.com
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