Global Aluminum Oxide Market to Reach US$ 9.2 Billion by 2032, Impelled by Growing Demand from Multiple Industries

January 10, 2022 | Chemical & Materials

The latest report by IMARC Group, titled “Aluminum Oxide Market Report by Form Type (Nanoparticles, Powder, Pellets, Tablets, Sputtering Targets), Application (Aluminum Smelting, Abrasive, Aluminum Chemicals, Engineered Ceramics, Refractories), End User (Medical, Automotive, Industrial Manufacturing, Electronics, and Others), and Region 2024-2032,” finds that the global aluminum oxide market reached a value of US$ 6.0 Billion in 2023. Aluminum oxide (Al2O3), also known as alumina, is a white, odorless chemical compound with a relatively high thermal conductivity. It is amphoteric in nature and widely used as an electric insulator in industrial manufacturing processes to prevent devices from weathering. In addition, the high melting point of aluminum oxide makes it a suitable refractory material for lining high-temperature appliances such as kilns, furnaces, incinerators, reactors, and crucibles.

Global Aluminum Oxide Market Trends:

The market is primarily driven by the increasing product applications across various industries. For instance, Al2O3 is employed in the pharmaceutical sector to act as a preferred material in bearings of hip replacements, bionic implants, prosthetic eye substitutes, tissue reinforcements, dental crowns, abutments, bridges, and other dental implants. This, in line with the growing investments in the healthcare sector by governing agencies of numerous countries, is creating a positive market outlook across the globe. Moreover, the market is favored by the increasing usage of Al2O3 in industrial manufacturing processes. For example, it is used to produce piping components and numerous cutting tools, machining tools, wear-resistant pump impellers, thermocouple sheaths, and baffle plates. In addition, Al2O3 is extensively utilized in manufacturing engineered ceramics due to its thermal conductivity. Apart from this, the rising usage of Al2O3 in construction, container packaging, electrical engineering, and smelting processes is also fueling the market growth. Furthermore, key players are collaborating and forming alliances to focus on commercialization and large-scale production, which is expected to propel the market growth in the upcoming years. Looking forward, IMARC Group expects the market to reach a value of US$ 9.2 Billion by 2032, exhibiting a CAGR of 4.8% during the forecast period (2024-2032).

Market Summary:

  • Based on the form type, the market has been segmented into nanoparticles, powder, pellets, tablets, and sputtering targets.
  • On the basis of the application, the market has been categorized into aluminum smelting, abrasive, aluminum chemicals, engineered ceramics, and refractories.
  • Based on the end-user, the market has been classified into medical, automotive, industrial manufacturing, electronics, and others. 
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. 
  • The competitive landscape of the industry has also been examined, along with the profiles of the key players being Alcoa Corporation, Aluminum Corporation of China Limited, BASF SE, Cabot Corporation, Evonik Industries AG, Hangzhou Jinjiang Group Co. Ltd., Honeywell International Inc., J.M. Huber Corporation, Merck KGaA, United Company Rusal Plc, Sasol Limited, Sumitomo Chemical Co. Ltd. and W.R. Grace & Co.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:


USA: +1-631-791-1145
Follow us on twitter : @imarcglobal

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Aluminum Oxide Market to Reach US$ 9.2 Billion by 2032, Impelled by Growing Demand from Multiple Industries
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More