Global Smelter Grade Alumina (SGA) Market by Type (Powdered, Sandy, Others), By Application (Electrical & Electronics, Machinery Manufacturing, Transport Industry, Construction, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global smelter grade alumina (SGA) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for SGA from various end-use industries, such as electrical & electronics, machinery manufacturing, transport industry, construction and others. In terms of type, powdered SGA is expected to dominate the market during the forecast period owing to its high purity and superior performance characteristics as compared to other types of SGAs. Asia Pacific is expected to be the fastest growing region in terms of revenue during the forecast period followed by Europe and North America respectively.



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Product Definition:

Smelter grade alumina (SGA) is a type of aluminum oxide that is made specifically for use in the aluminum smelting industry. It has a very low iron content and other impurities, which makes it ideal for use in the production of pure aluminum. SGA is also very resistant to attack by molten aluminum, which makes it an important component of the smelting process.

Powdered:

Powdered alumina is a new product, which has been developed to improve the efficiency of alumina extraction from smelter grade aluminum. It helps in increasing the overall recovery rate to as high as 95% and also increases the purity of final products.

Sandy:

Sandy is a mineral and has several different names such as sodium sulfate, sulfuric acid, and glauconic acid. It is usually found in nature in the form of ores such as cerite, pyrite, and zinc blende. The major sources of production include mines including Gire Spelter mine (Zambia), Kibali (Democratic Republic of Congo), Jwaneng (South Korea), Zhejiang Xinyu Co., Ltd.

Application Insights:

The machinery manufacturing segment led the global market and accounted for more than 30.0% share of the overall revenue in 2017. The growth can be attributed to increasing demand from construction, automotive, electrical & electronics sectors. SGA is used as a protective layer in electric motors and generators owing to its high resistance towards heat and electricity. It is also used as an insulating material in electrical equipment such as transformers due to its excellent dielectric strength.

SGA coatings are applied on various metal surfaces including iron & steel, aluminum alloys, cast iron etc., providing protection against corrosion caused by oxygen or moisture exposure along with enhanced durability over bare metals surfaces.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, including machinery manufacturing, electrical & electronics, and others. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive regional market growth over the forecast period.

The European region accounted for a significant share in terms of volume as well as revenue in 2017 owing to growing product demand from key end-use industries such as machinery manufacturing and transport industry.

Growth Factors:

Growing demand from aluminum smelters: The global aluminum smelting industry is expected to grow at a CAGR of more than 5% during the forecast period. This will lead to an increase in demand for SGA, as it is used as a key raw material in the production of aluminum.
Rising investment in alumina refining capacity: A number of countries are investing heavily in alumina refining capacity, which is expected to drive the growth of the SGA market over the next few years. For instance, Alcoa Corporation (US) has announced plans to invest US0 million in its Saudi Arabian alumina refinery project.
Increasing use of SGA in downstream applications: Apart from being used as a key raw material for aluminum production, SGA is also finding increasing application in other industries such as construction and automotive manufacturing. This will spur growth opportunities for players operating in the global SGA market over the next few years.
Growing popularity of lightweight vehicles: With governments across various regions promoting fuel-efficient and environmentally friendly vehicles, there is an increasing trend towards using lightweight materials such as aluminium instead of traditional materials like steel and iron for vehicle manufacturing purposes .This will resultin an increasein demandforSGAinthe comingyearsasitisusedtocreatealuminumalloysforthesespurposefulvehicles .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Smelter Grade Alumina (SGA) Market Research Report
By Type
Powdered, Sandy, Others
By Application
Electrical & Electronics, Machinery Manufacturing, Transport Industry, Construction, Others
By Companies
Alcoa Corporation, Chalco, RUSAL, New Day Aluminum Holdings LLC, Dadco Alumina and Chemicals Limited, PT. WHW Kendawangan, Lubei Group, Heungkong Wanji
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.

Global Smelter Grade Alumina (SGA) Market Report Segments:
The global Smelter Grade Alumina (SGA) market is segmented on the basis of:
Types
Powdered, Sandy, Others
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
Electrical & Electronics, Machinery Manufacturing, Transport Industry, Construction, Others
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:
Alcoa Corporation
Chalco
RUSAL
New Day Aluminum Holdings LLC
Dadco Alumina and Chemicals Limited
PT. WHW Kendawangan
Lubei Group
Heungkong Wanji



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Highlights of The Smelter Grade Alumina (SGA) 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:
Powdered
Sandy
Others
By Application:
Electrical & Electronics
Machinery Manufacturing
Transport Industry
Construction
Others
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 Smelter Grade Alumina (SGA) 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.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
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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

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