Market Overview:
The global bauxite residue management market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aluminum and its alloys from various end-use industries, such as construction, automotive, and packaging. In addition, stringent environmental regulations regarding the disposal of bauxite residue are also fueling the growth of the global bauxite residue management market. Based on type, the global bauxite residue management market can be segmented into dry stacking and wet storage. The dry stacking segment is projected to grow at a higher CAGR than the wet storage segment during the forecast period. This can be attributed to factors such as lower installation costs and easy operation & maintenance associated with dry stacking systems compared with wet storage systems. Based on application,the global bauxite residue management market can be divided into construction industry, chemical industry, and other applications. Among these applications segments,the construction industry is projectedto grow at a higher CAGR than other segments duringthe forecast period owingto increasing demand for aluminum in this sectorfrom countries such as Chinaand India .
Product Definition:
Bauxite residue management is the process of managing and disposing of the waste that is created when bauxite is processed to alumina. Bauxite residue typically contains a high level of alumina and other pollutants, such as heavy metals. It must be managed properly to avoid environmental damage.
Dry Stacking:
Dry stacking is the practice of storing bauxite residue in a dry place at or below ground level. The process is used to prevent water contamination and to allow for easy transportation of bauxite during mining operations.
Bauxite residue contains valuable minerals such as aluminum, iron, titanium, and vanadium that can be extracted using specialized equipment installed with proven technology.
Wet Storage:
Wet storage is the process of keeping bauxite in water for a longer period to increase its weight and reduce the residue. It helps in increasing the value of bauxite by reducing it's market price. The wet storage method reduces transportation cost, which is also an important factor that drives companies towards adopting this method.
The main objective behind using wet storage is to lower production costs.
Application Insights:
The construction industry was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The increasing population coupled with rising demand for residential and commercial buildings across various regions has led to an increased focus on infrastructure development, which, in turn, is likely to propel market growth.
Bauxite residue finds applications in several industries including chemical manufacturing (alum), refractory materials (rhodium-plated steel), paints & coatings, ceramics production as well as fertilizers production. In addition, it also finds usage as a source of aluminum hydroxide for use in water treatment plants across several regions owing to its high alumina content.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and accounted for a share of over 60% owing to the increasing demand from China, India, Japan, South Korea and Taiwan. The growth is attributed to rising construction activities due to growing population coupled with rapid urbanization in these countries. In addition, rising disposable income will drive bauxite residues utilization across various end-use industries such as automotive and electrical & electronics.
The Asia Pacific market is expected to witness significant growth over the forecast period on account of rapidly expanding chemical industry along with strong industrial base for aluminum production in China and India.
Growth Factors:
- Increasing demand from aluminum industry: The global aluminum industry is expected to grow at a CAGR of more than 5% during the forecast period. This will lead to an increase in the demand for bauxite residue management services, as it is a key ingredient in the production of aluminum.
- Stringent environmental regulations: Governments across the world are increasingly implementing stringent environmental regulations, which is leading companies to seek efficient and sustainable bauxite residue management solutions.
- Rising awareness about benefits of recycling: There is a growing awareness among consumers about the benefits of recycling, which is driving them to opt for recycled products instead of those made from virgin materials. This will create opportunities for players operating in the bauxite residue management market.
- Technological advancements: The development of new and innovative technologies has led to an increase in efficiency and sustainability in bauxite residue management operations worldwide. This is likely to boost market growth over the forecast period.. 5) Growing investments by key players: Key players operating in this market are investing heavily in research and development activities with a view to develop better and more efficient technologies for managing bauxite residues
Scope Of The Report
Report Attributes
Report Details
Report Title
Bauxite Residue Management Market Research Report
By Type
Dry Stacking, Wet Storage
By Application
Construction Industry, Chemical Industry, Other
By Companies
Macawber Beekay, Yunnan Aluminium, Rusal, Norsk Hydro ASA, Alcoa Corporation, Taiwan Hodaka Technology, En+ Group, Shenhuo Aluminium, Gulkula, Fives SAS, LOTTE ALUMINIUM, Chinalco, Kaiser Aluminum, Arconic, China Hongqiao Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Bauxite Residue Management Market Report Segments:
The global Bauxite Residue Management market is segmented on the basis of:
Types
Dry Stacking, Wet Storage
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Industry, Chemical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Macawber Beekay
- Yunnan Aluminium
- Rusal
- Norsk Hydro ASA
- Alcoa Corporation
- Taiwan Hodaka Technology
- En+ Group
- Shenhuo Aluminium
- Gulkula
- Fives SAS
- LOTTE ALUMINIUM
- Chinalco
- Kaiser Aluminum
- Arconic
- China Hongqiao Holdings
Highlights of The Bauxite Residue Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Stacking
- Wet Storage
- By Application:
- Construction Industry
- Chemical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bauxite Residue Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bauxite residue management is the process of managing bauxite residues from mining operations. The goal of this process is to minimize environmental and health risks associated with bauxite residues, while maximizing economic benefits for the mine operator.
Some of the major players in the bauxite residue management market are Macawber Beekay, Yunnan Aluminium, Rusal, Norsk Hydro ASA, Alcoa Corporation, Taiwan Hodaka Technology, En+ Group, Shenhuo Aluminium, Gulkula, Fives SAS, LOTTE ALUMINIUM, Chinalco, Kaiser Aluminum, Arconic, China Hongqiao Holdings.
The bauxite residue management market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bauxite Residue Management Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bauxite Residue Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bauxite Residue Management Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bauxite Residue Management Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bauxite Residue Management Market Size & Forecast, 2018-2028
4.5.1 Bauxite Residue Management Market Size and Y-o-Y Growth
4.5.2 Bauxite Residue Management Market Absolute $ Opportunity
Chapter 5 Global Bauxite Residue Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bauxite Residue Management Market Size Forecast by Type
5.2.1 Dry Stacking
5.2.2 Wet Storage
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bauxite Residue Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bauxite Residue Management Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Chemical Industry
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bauxite Residue Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bauxite Residue Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bauxite Residue Management Analysis and Forecast
9.1 Introduction
9.2 North America Bauxite Residue Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bauxite Residue Management Market Size Forecast by Type
9.6.1 Dry Stacking
9.6.2 Wet Storage
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bauxite Residue Management Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Chemical Industry
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bauxite Residue Management Analysis and Forecast
10.1 Introduction
10.2 Europe Bauxite Residue Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bauxite Residue Management Market Size Forecast by Type
10.6.1 Dry Stacking
10.6.2 Wet Storage
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bauxite Residue Management Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Chemical Industry
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bauxite Residue Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bauxite Residue Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bauxite Residue Management Market Size Forecast by Type
11.6.1 Dry Stacking
11.6.2 Wet Storage
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bauxite Residue Management Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Chemical Industry
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bauxite Residue Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Bauxite Residue Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bauxite Residue Management Market Size Forecast by Type
12.6.1 Dry Stacking
12.6.2 Wet Storage
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bauxite Residue Management Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Chemical Industry
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bauxite Residue Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bauxite Residue Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bauxite Residue Management Market Size Forecast by Type
13.6.1 Dry Stacking
13.6.2 Wet Storage
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bauxite Residue Management Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Chemical Industry
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bauxite Residue Management Market: Competitive Dashboard
14.2 Global Bauxite Residue Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Macawber Beekay
14.3.2 Yunnan Aluminium
14.3.3 Rusal
14.3.4 Norsk Hydro ASA
14.3.5 Alcoa Corporation
14.3.6 Taiwan Hodaka Technology
14.3.7 En+ Group
14.3.8 Shenhuo Aluminium
14.3.9 Gulkula
14.3.10 Fives SAS
14.3.11 LOTTE ALUMINIUM
14.3.12 Chinalco
14.3.13 Kaiser Aluminum
14.3.14 Arconic
14.3.15 China Hongqiao Holdings
