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Low Soda Alumina Market Report Overview
The global low soda alumina market size was USD 181.7 million in 2021 and is projected to touch USD 301.31 million by 2031, exhibiting a CAGR of 5.2% during the forecast period.
The most commonly used oxides ceramic material is alumina (aluminium oxide). Ignition coils, tap washers, abrasion-resistant tiling, and cutting tools are just a few of its numerous uses. Additionally, the production of monolith and brick refractories uses very high tonnages. Spilling nozzle and gliding gate valves are two further, more challenging uses that combine it with additional materials such as flake graphite.
A little amount of soda must be present in the aluminium oxide for many applications, particularly those in the electrical and electronic fields. To all intents and purposes, a low soda alumina is a product that contains less than 0.1 percent by weight of soda. This can be produced using a variety of methods, such as acid treatment, chlorine adding, boron addition, and the use of compounds for soda adsorption.
Alumina that has a sodium content of less than 1% and is produced at high temperatures is referred to as low soda alumina. The quantity of Na2O concentration directly impacts the strength properties and barrier properties of alumina products, making it a key technical indication of alumina. High melt point, excellent power conductivity, wear resistance, and good wear resistance are all characteristics of low-sodium high-temperature alumina. It finds widespread application in a variety of industries, including electronics ceramic materials, fine ceramic materials, automotive engine parts, electronic substrates, and others.
COVID-19 Impact: Limiting Supply and Lockdown to Halt Market Advancement
The global COVID-19 pandemic has been unprecedented and staggering, with low soda alumina experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to low soda alumina market growth and demand returning to pre-pandemic levels once the pandemic is over.
Major governments all across the world issued orders for work stoppages and foot restrictions as the COVID-19 virus began to spread in 2021 and affected countless individuals globally. With the exception of the organisations that offer medical supplies and life support equipment, the majority of efforts have been negatively impacted. A significant influence on the market's application programming interface was caused by the lockout, which temporarily stopped or suspended the electronics industry. In the end, limits brought on by fewer industrial activity, a more constricted supply chain, a lower percentage of employees, and closures had a substantial impact on the low soda alumina market.
The market for low soda alumina is expected to develop due to rising demand and expanding military application fields.
LATEST TRENDS
"Increasing Advancements in Protective Equipment to Increase Sales and Revenue"
Given its durability and low weight, alumina is an excellent material for making protective gear for both the military and the general public. Alumina is used to make bulletproof vests, vehicular armour, and aircraft armour, with the latter serving as the material's main application in this industry. Additionally, it is employed to create fixed object ballistics and bulletproof windows. Alumina powder is great for thermal resistors and electrical insulators because it has a high boiling and melting point. In addition, it is a crucial component of microchips and a fantastic heatsink insulation material.
Low Soda Alumina Market Segmentation
- By Type
Based on type; the market is divided into low sodium and ultra-low sodium
Low sodium is the leading part of the type segment.
- By Application
Based on the application; the market is divided into electronic ceramics, wear-resistant ceramics refractory and others
Electronic ceramics is the leading part of the application segment.
DRIVING FACTORS
"Utilisation by Industrial Sector to Enhance Market Growth"
In addition to being used in various scientific disciplines, engineering, and technology, alumina is a crucial component in many industrial applications. It is utilised in a wide range of products, including biomedical devices, abrasives, and chemical catalysts. Aluminium is one of the materials that is utilised the most in the modern world, and alumina powder is nearly as common as aluminium itself. Numerous industrial abrasive compounds used to form industrial components include a lot of alumina. This is mostly because to alumina's higher strength and hardness, which enable it to function in various tools and applications. It's intriguing that the roles can also be switched around, with alumina serving as a coating to prevent erosion from other industrial products and machinery.
"Constant Utilisation in Refractory and Glass Products to Enhance Industry Progress"
Due to its high point of melting and thermal capacity, alumina powder is frequently used in refractory products. Alumina is particularly helpful in circumstances when the refractory's strength must be maintained at high temperatures. Refractories are used in processes including creating iron and steel, cement, petroleum refining, and waste incineration.
Adding alumina to the design and manufacturing of glass items is a terrific idea, especially when more durability and strength are required. Glass that is bulletproof and shatterproof is frequently produced with alumina powder. Alumina has also been investigated for its usefulness in the development of fully unbreakable glass, despite the fact that this is an impossible feat.
RESTRAINING FACTORS
"High Thermal Expansion Coefficients to Hinder Market Advancements"
Ceramics made of aluminium oxide and alumina offer exceptional dielectric strength, high temperature qualities, oxidation resistance, compressive strength, and wear characteristics. They are commonly utilised because of their affordability and adaptability. Due to higher thermal expansion coefficients and poorer thermal conductivity, the primary downside is that it has relatively poor thermal performance (compared to any other pure ceramic materials). Furthermore, because trained employees are required for the job, this advanced material needs a lot of upkeep. Some advancements and upkeep expenses are predicted to obstruct industry expansion.
Low Soda Alumina Market Regional Insights
"Increasing Industry Consumption to Support Asia Pacific Market Development"
Asia Pacific has the largest share of the worldwide low soda alumina market. The expansion of the area can be attributed to a rise in Asia Pacific consumer spending in sectors like healthcare and electronics. Asia Pacific dominates the market due to rising birth rates and the healthcare industry. The market is projected to be driven by the rising trend of improvements in military sector that can be easily identified as well as a rise in demand for choices for constant surveillance. It is anticipated that as technology advances in emerging countries, there will be a rise in the demand for machines. The existence of significant industry players in the region is predicted to enhance low soda alumina market share. The presence of multiple healthcare facilities and technological improvement in different countries are expected to drive the market share. To develop and increase the share in the market, maximum country contributions are anticipated.
KEY INDUSTRY PLAYERS
"Participants in the Industry to Promote Market Expansion"
The influences of a wide range of factors influencing the market drivers, development, and future prospects of industry are carefully examined in the low soda alumina market research. It also provides comprehensive insights into the main producers, a market overview, supposition, and province research. The low soda alumina market's wholesalers, deal channels, challenges, opportunities, drivers, future trends, growth rate, market share, competitive landscape, and status are also examined in this research. The marketplace survey shows, strategies, financial overview, and trends are also studied. A description of income, sales, product demand, knowledge provision, cost, and growth analysis for the forecast year 2028 is also provided in the low soda alumina market growth report.
LIST OF TOP LOW SODA ALUMINA COMPANIES
- Almatis (Germany)
- Alteo (India)
- Chalco (China)
- Sumitomo Chemical (Japan)
- Hindalco (India)
- Showa Denko (Japan)
- Nippon Light Metal (Japan)
- Sdsrhb (U.S.)
- Zzyanghualv (China)
- Zhj (China)
REPORT COVERAGE
The report with the investigations that outline the market players with an impact on the anticipated time frame is examined in this study. It provides a complete examination as well as a detailed analysis by taking into account a variety of factors, including growth rate, trends, industrial advances, technologies, growth, distribution, and impediments. The analysis would need to be changed if the notable opponents or the projected assessment of market dynamics change. This study examined the consumption, manufacturing, annual growth, and share price of manufacturers in terms of production.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 181.7 Million in 2021 |
Market Size Value By |
US$ 301.31 Million by 2031 |
Growth Rate |
CAGR of 5.2% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the low soda alumina market expected to touch by 2031?
Based on our research, the global low soda alumina market is projected to touch USD 301.31 million by 2031.
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What CAGR is the low soda alumina market expected to exhibit by 2031?
The low soda alumina market is expected to exhibit a CAGR of 5.2% by the forecasted year 2031.
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What are the driving factors of the low soda alumina market ?
The global market for low soda alumina is expanding as a result of the growing use of these devices in the healthcare, clinical, home, and other sectors and increasing advancements in protective equipment
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Which are the top companies operating in the low soda alumina market ?
Almatis, Alteo, Chalco, Sumitomo Chemical, Hindalco, Showa Denko, Nippon Light Metal, Sdsrhb, Zzyanghualv and Zhj are the top companies operating in the low soda alumina market.