Aluminum Oxide Market - Forecast(2021 - 2026)
Aluminum oxide is a compound that is represented by the chemical formula Al2O3. The compound can be found in a number of forms such as powder, pellets, pieces, sputtering targets, nanoparticles and tablets. One key feature of aluminum oxide is that it is an electric insulator and hence, is often used as protective layer for any application in which electricity is used and where the current charge needs to be restricted. Aluminum oxide is used across a number of applications some of which include pharmaceutical and industrial manufacturing. It is also used for chromatography. Further to this, since it has high thermal conductivity, aluminum oxide is also suitable for ceramic material. Aluminum oxide is also used as a layer over a number of devices to protect them from weathering. Aluminum oxide is also a widely used phosphate remover. Aluminum in the form of both salts and solid alumina, removes phosphate from aqueous solutions
In terms of regional contribution, North America and the Asia Pacific region are contributing the highest to the market primarily because of the number of pharmaceutical companies and agencies present in the region. Aluminum oxide is a key agent across a number of pharmaceutical products and as such, has a high demand as of 2015 and is expected to have this high demand till well beyond the forecast period. The pharmaceutical sector is the leading application sector for aluminum oxide.
The Aluminum Oxide market can be segmented on the basis of form Powder, Pellets, Pieces, Sputtering Targets, Nanoparticles and Tablets. In terms of applications, the Aluminum Oxide market has been segmented across the following Pharmaceutical and Industrial Manufacturing processes, Fillers, Paints and others. The market has been segmented based on the following geographies North America, South America, APAC, Europe, Middle East and Africa.
Sample Companies Profiled in this Report are:
- Almatis
- Chemicals India Company
- GIFA
- GRACE
- Khambhalay Abrasive
- 10+.
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