Global Bauxite Market Overview:
Bauxite is the principal ore of aluminum. Sintered bauxite is used as an oil field proppant, in drilling for oil and natural gas. The United States has a few small bauxite deposits but at least 99% of the bauxite used in the United States is imported. Bauxite is found at many locations around the world. In 2017 the leading bauxite producing countries were Australia, China, Brazil, India, Guinea, Jamaica, Russia, and Kazakhstan. Other minerals that could be used instead of bauxite for alumina production such as Clay minerals, alunite, anorthosite, power plant ash.
Growth Drivers
- Operative Urquhart Bauxite Project in North Queensland
- West African Country’s Project Pipeline
Roadblocks
- Bauxite Industry in Guinea Boosting the Economy, But the Damage Caused By Mining – And the Impact on Land Ownership for Guineans – Is a Threat to Their Future
Opportunities
- Strong Opportunity, Due To Increase in Production for Aluminium Metal by Bauxite as a Raw Material
Challenges
- Innovative Resolution of One of the Greatest Environmental Challenges Bauxite Production Plants Face Worldwide
Competitive Landscape:
In This Market Major Players Are Focusing On Adopting Organic And Inorganic Growth Strategies. Which Includes Merger & Acquisition, Product Expansion, And Global Reach Enhancement.
Some of the key players profiled in the report are CHALCO (China), Rusal (Russia), BHP Billiton Group (Australia), CVG Bauxilum (Venezuela), Glencore International (Switzerland), Hindalco Industries (India), National Aluminum (India), Norsk Hydro ASA (Norway), Rio Tinto Alcan (Canada) and United Company RUSAL (Russia). Additionally, following companies can also be profiled that are part of our coverage like Ecolab (United States), Hatch (Canada) and Constellium (Netherlands). Analyst at AMA Research see Asia Pacific Vendors to retain maximum share of Global Bauxite market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Bauxite market.
Latest Market Insights:
Lindian Resources builds ‘world-class’ African bauxite portfolio as aluminium market outlook strengthens. The company secured eight more highly prospective bauxite tenements over the financial year, culminating in a 'world-class' African bauxite portfolio well placed to leverage growing aluminium demand. and In Mar 2019, Lindian Resources Ltd. Announced The Acquisition Of Two High-Grade Deposits To Expand Bauxite Portfolio, Which Includes New Applications In The Identification Of New Areas Of High-Grade Bauxite Mineralisation.
The Guinean Government’s Focus on Growing the Bauxite Sector Has Too Often Taken Precedence over the Protection of the Environment and Human Rights
What Can be Explored with the Bauxite Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bauxite Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bauxite
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bauxite market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bauxite market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Chemical Industry, Refractory Industry, Cement Industry, Steel Industry, Petrol Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.