Chemical Research Report Calcined-Alumina-Powder-Market | Page 2

Furthermore, owing to unique physical and chemical properties of calcined alumina powder,
such as dielectric properties and high melting point, calcined alumina powder is gaining
significant popularity in the paint and coatings industry. For instance, according to Coherent
Market Insights, the global paints and coatings market was valued at US$ 137.25 billion and
46,686.09 kilo tons in 2016, and is expected to expand at a CAGR of 5.6% in terms of revenue
and 4.8% in terms of volume during 2017 – 2025.
Availability of alternatives such as kyanite is expected to restrain growth of the global calcined
alumina powder market. Kyanite offers high strength and volume stability at higher
temperature, due to which it is widely used in commercial ceramics applications. For instance,
according to United States Geological Survey, The U.S. is the world’s leading producer of
kyanite, which recorded kyanite production of 110,000 metric tons in 2014, which increased by
100,000 metric tons from 2013.
Market Outlook
Among applications, the ceramics segment accounted for a major market share in 2016. The
ceramics industry encompasses a wide variety of applications, including advanced ceramics,
technical ceramics, honeycomb ceramics, spark plugs, high voltage insulators, and wear parts
among other. Calcined alumina is a commonly used raw material in almost every ceramic
application due to its robust mechanical, electrical, thermal, and chemical properties such as
hardness, dielectric properties, and high melting point.
North America holds the second-largest market for calcined alumina powder. Introduction of
new innovative technologies by key players and new product launches in the region are
favoring market growth. For instance, Almatis GmbH expanded its North America refinery
production to further service the non-metallurgical alumina such as calcined alumina in the
chemical market. Furthermore, calcined alumina powders are typically used for metal lapping
and polishing, as well as used as the traditional rough and final polishing abrasive, which is
relatively inexpensive and readily available.
Asia Pacific is projected hold the fastest-growing market over the forecast period. Increasing
demand for calcined alumina powder in the ceramics industries, for use as a porous ceramics
material, helps enhance thermal conductivity, is expected to boost growth of the calcined
alumina powder market size in the region over the forecast period. For instance, according to
India Brand Equity Foundation (IBEF), ceramics industry was valued at US $ 4.63 billion in
2017, which is expected to increase by US$ 9.26 billion in 2020.