Aluminum Oxide Market - Forecast (2023 - 2028)

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Aluminum Oxide MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• The Aluminum Oxide market size is estimated to
  reach more than US7.8 billion by 2027, after
  growing at a CAGR of 5.8 during the forecast
  period 2022-2027. Aluminum oxide, also known as
  alumina, is a naturally occurring compound that
  is employed in a variety of industries. The
  increased use of aluminum oxide in the
  manufacture of engineering ceramics, abrasive and
  industrial ceramics due to its high thermal
  conductivity is expected to drive market growth.
  The market is expanding due to increased demand
  for aluminum oxide from major end-use industries
  such as construction and automotive. 

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• Key Takeaways
• One of the primary factors contributing to the
  Automotive Solar Control Glass market's favorable
  outlook is significant growth in the automotive
  industry around the world.
• The Aluminum Oxide market was dominated by the
  medical and pharmaceutical sectors. It is
  expected to grow during the forecast period, as
  global investments in the healthcare industry
  increase.
• However, high risks associated with aluminum
  oxide are limiting the Automotive Solar Control
  Glass market growth.

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By Distribution Channel- Segment Analysis The
Pieces segment held the largest share in the
Aluminum Oxide market share in 2021 and is
estimated to grow at a CAGR of 5.6 during the
forecast period 2022-2027. Pieces are formed by
compacting sintered material at a high
temperature. This formation increases the
strength of aluminum oxide, making it more useful
for reducing abrasive wear in industries such as
mining, glass, sand production and others. They
are highly efficient, in high demand globally and
are expected to grow rapidly during the forecast
period. These extensive properties along with
increasing applications of aluminum oxide are
majorly driving its segmental growth.
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• Aluminum Oxide Market Outlook 
• Almatis
• Aluminum Corporation of China Limited (CHALCO)
• Chemicals India Company
• China Hongqiao Group Limited
• Khambhalay Abrasive
• MTC Wesgo
• Nivaka Pharmaceuticals Industries
• Sasol Limited
• Tirupati Industries
• Xinfa Group Co. Ltd

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Aluminum Oxide Market Forecast
(2023 - 2028) Learn More About the Report _at_
https//www.industryarc.com/Report/15325/aluminum
-oxide-market.html
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